Universal Security Instruments (NYSE:UUU) Director Milton Ault III Acquires 2,000 Shares

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III bought 2,000 shares of the stock in a transaction on Wednesday, March 18th. The shares were acquired at an average cost of $6.35 per share, for a total transaction of $12,700.00. Following the purchase, the director owned 636,839 shares in the company, valued at $4,043,927.65. The trade was a 0.32% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Universal Security Instruments Trading Down 4.8%

UUU traded down $0.31 on Thursday, hitting $6.09. 34,338 shares of the company’s stock were exchanged, compared to its average volume of 164,340. Universal Security Instruments, Inc. has a fifty-two week low of $1.65 and a fifty-two week high of $8.27. The stock has a market cap of $16.55 million, a price-to-earnings ratio of -10.87 and a beta of -0.17. The firm has a 50-day moving average price of $5.00 and a 200-day moving average price of $5.01.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of UUU. DRW Securities LLC boosted its holdings in shares of Universal Security Instruments by 24.6% during the 4th quarter. DRW Securities LLC now owns 77,979 shares of the company’s stock worth $402,000 after purchasing an additional 15,404 shares during the last quarter. Two Sigma Investments LP purchased a new stake in shares of Universal Security Instruments in the third quarter valued at approximately $198,000. Heron Bay Capital Management acquired a new stake in shares of Universal Security Instruments in the fourth quarter valued at approximately $186,000. Geode Capital Management LLC lifted 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 worth $79,000 after buying an additional 2,850 shares in the last quarter. Finally, Bridgeway Capital Management LLC purchased a new position in Universal Security Instruments during the fourth 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.