Universal Security Instruments (NYSE:UUU) Director Milton Ault III Buys 8,281 Shares

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III bought 8,281 shares of the firm’s stock in a transaction that occurred on Monday, February 23rd. The shares were acquired at an average price of $4.85 per share, with a total value of $40,162.85. Following the acquisition, the director owned 476,763 shares of the company’s stock, valued at $2,312,300.55. This represents a 1.77% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Universal Security Instruments Price Performance

NYSE:UUU traded down $0.11 during trading hours on Tuesday, hitting $4.60. The company had a trading volume of 45,103 shares, compared to its average volume of 217,781. The stock has a 50-day moving average price of $4.91 and a 200 day moving average price of $4.78. The company has a market capitalization of $12.50 million, a PE ratio of -8.21 and a beta of -0.21. Universal Security Instruments, Inc. has a 52 week low of $1.65 and a 52 week high of $8.27.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in UUU. Qube Research & Technologies Ltd bought a new position in shares of Universal Security Instruments in the third quarter worth approximately $42,000. Bridgeway Capital Management LLC purchased a new position in Universal Security Instruments in the fourth quarter worth about $56,000. Geode Capital Management LLC grew its position in Universal Security Instruments by 22.8% during the fourth quarter. Geode Capital Management LLC now owns 15,355 shares of the company’s stock valued at $79,000 after buying an additional 2,850 shares during the period. Heron Bay Capital Management purchased a new stake in shares of Universal Security Instruments in the 4th quarter worth $186,000. Finally, Two Sigma Investments LP bought a new position in shares of Universal Security Instruments in the third quarter worth about $198,000.

About Universal Security Instruments

Universal Security Instruments, Inc (NYSE: UUU) is a manufacturer and marketer of home safety and security products based in Holbrook, New York. The company specializes in the design, development and distribution of devices intended to protect lives and property, servicing both residential and commercial end users.

Its product portfolio includes photoelectric and ionization smoke alarms, carbon monoxide detectors, combination smoke/CO units, fire extinguishers and fire escape ladders. Additional offerings extend to weather radios and environmental sensors, all engineered to meet or exceed applicable UL, ANSI and NFPA safety standards.

Universal Security Instruments distributes its products primarily across the United States and Canada through a network of mass merchants, independent electrical distributors, home improvement centers and e-commerce platforms.