Universal Security Instruments (NYSE:UUU) Director Buys $11,124.32 in Stock

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III acquired 2,008 shares of the business’s stock in a transaction dated Monday, March 30th. The stock was purchased at an average price of $5.54 per share, with a total value of $11,124.32. Following the acquisition, the director owned 680,252 shares of the company’s stock, valued at approximately $3,768,596.08. This trade represents a 0.30% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Universal Security Instruments Stock Performance

NYSE UUU traded up $0.03 on Thursday, reaching $5.97. The company’s stock had a trading volume of 10,262 shares, compared to its average volume of 143,434. Universal Security Instruments, Inc. has a twelve month low of $1.65 and a twelve month high of $8.27. The stock has a market cap of $16.21 million, a PE ratio of -10.77 and a beta of -0.17. The firm’s 50 day moving average is $5.14 and its two-hundred day moving average is $5.01.

Institutional Trading of Universal Security Instruments

Several institutional investors and hedge funds have recently bought and sold shares of the stock. DRW Securities LLC increased its position 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 worth $402,000 after acquiring an additional 15,404 shares in the last quarter. Two Sigma Investments LP acquired a new position in Universal Security Instruments in the 3rd quarter worth approximately $198,000. Heron Bay Capital Management acquired a new position in Universal Security Instruments in the 4th quarter worth approximately $186,000. Geode Capital Management LLC grew its position in Universal Security Instruments by 22.8% during the 4th quarter. Geode Capital Management LLC now owns 15,355 shares of the company’s stock worth $79,000 after purchasing an additional 2,850 shares in the last quarter. Finally, Bridgeway Capital Management LLC purchased a new position in Universal Security Instruments during the 4th quarter worth approximately $56,000.

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.