Universal Security Instruments (NYSE:UUU) Director Milton Ault III Buys 4,038 Shares of Stock

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III bought 4,038 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The stock was purchased at an average cost of $3.96 per share, for a total transaction of $15,990.48. Following the completion of the transaction, the director owned 96,269 shares in the company, valued at $381,225.24. This trade represents a 4.38% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Universal Security Instruments Price Performance

Universal Security Instruments stock traded up $0.05 during trading hours on Thursday, hitting $4.00. 24,411 shares of the stock traded hands, compared to its average volume of 380,324. The firm’s 50 day moving average price is $4.89 and its 200-day moving average price is $3.96. The stock has a market capitalization of $9.25 million, a price-to-earnings ratio of -7.14 and a beta of -0.27. Universal Security Instruments, Inc. has a 1 year low of $1.65 and a 1 year high of $8.27.

Universal Security Instruments Announces Dividend

The business also recently announced a special dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, September 18th were issued a dividend of $1.00 per share. The ex-dividend date of this dividend was Friday, September 26th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Universal Security Instruments stock. Two Sigma Investments LP bought a new stake in Universal Security Instruments, Inc. (NYSE:UUU) in the 3rd quarter, according to its most recent filing with the SEC. The fund bought 49,499 shares of the company’s stock, valued at approximately $198,000. Two Sigma Investments LP owned 2.14% of Universal Security Instruments at the end of the most recent reporting period.

Universal Security Instruments Company Profile

Universal Security Instruments, Inc, together with its subsidiary, engages in the marketing and distribution of safety and security products in the United States. The company offers a line of safety alarms units, including replaceable batteries, sealed batteries, and battery backup alarms; and smoke alarms, which include hearing impaired and heat alarms, as well as carbon monoxide alarms, door chimes, ventilation products, ground fault circuit interrupters, and other electrical devices under the UNIVERSAL and USI Electric trade names.