Universal Security Instruments (NYSE:UUU) Director Milton Ault III Buys 2,008 Shares

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III purchased 2,008 shares of the business’s stock in a transaction that occurred on Monday, March 30th. The stock was bought at an average cost of $5.54 per share, for a total transaction of $11,124.32. Following the acquisition, the director owned 680,252 shares in the company, valued at approximately $3,768,596.08. The trade was a 0.30% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Universal Security Instruments Stock Up 0.4%

NYSE UUU traded up $0.03 during trading hours on Thursday, hitting $5.97. The company had a trading volume of 10,262 shares, compared to its average volume of 143,434. The firm has a market cap of $16.21 million, a P/E ratio of -10.77 and a beta of -0.17. Universal Security Instruments, Inc. has a fifty-two week low of $1.65 and a fifty-two week high of $8.27. The business has a fifty day simple moving average of $5.14 and a 200-day simple moving average of $5.01.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of UUU. Geode Capital Management LLC grew its position in Universal Security Instruments by 22.8% in the 4th 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 in the last quarter. Qube Research & Technologies Ltd acquired a new stake in shares of Universal Security Instruments in the 3rd quarter worth approximately $42,000. Bridgeway Capital Management LLC acquired a new stake in shares of Universal Security Instruments in the 4th quarter worth approximately $56,000. DRW Securities LLC boosted its holdings in shares of Universal Security Instruments by 24.6% in the fourth quarter. DRW Securities LLC now owns 77,979 shares of the company’s stock valued at $402,000 after acquiring an additional 15,404 shares in the last quarter. Finally, Heron Bay Capital Management bought a new position in shares of Universal Security Instruments in the fourth quarter valued at approximately $186,000.

Universal Security Instruments Company Profile

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.