Universal Security Instruments (NYSE:UUU) Director Milton Ault III Buys 6,025 Shares

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III acquired 6,025 shares of the company’s stock in a transaction on Friday, February 20th. The stock was purchased at an average cost of $4.66 per share, for a total transaction of $28,076.50. Following the completion of the purchase, the director directly owned 468,482 shares in the company, valued at $2,183,126.12. This trade represents a 1.30% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Universal Security Instruments Trading Down 2.3%

Shares of NYSE:UUU traded down $0.11 during midday trading on Tuesday, hitting $4.60. The stock had a trading volume of 45,103 shares, compared to its average volume of 217,781. Universal Security Instruments, Inc. has a 1 year low of $1.65 and a 1 year high of $8.27. The stock has a 50 day moving average price of $4.91 and a two-hundred 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.

Institutional Trading of Universal Security Instruments

A number of institutional investors have recently modified their holdings of the business. Geode Capital Management LLC boosted its position in shares of Universal Security Instruments by 22.8% in the 4th quarter. Geode Capital Management LLC now owns 15,355 shares of the company’s stock worth $79,000 after buying an additional 2,850 shares in the last quarter. Qube Research & Technologies Ltd purchased a new position in Universal Security Instruments during the 3rd quarter valued at about $42,000. Bridgeway Capital Management LLC acquired a new position in Universal Security Instruments during the fourth quarter worth about $56,000. DRW Securities LLC raised its position in Universal Security Instruments by 24.6% during 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 during the last quarter. Finally, Heron Bay Capital Management purchased a new stake in shares of Universal Security Instruments in the fourth quarter valued at about $186,000.

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.