Key Points
- Milton Ault III purchased 9,026 shares at an average price of $3.96 on Nov. 20 for a total of $35,742.96, increasing his holding to 74,433 shares (a 13.8% boost) — the trade was disclosed to the SEC.
- Two Sigma Investments LP established a new position in Q3, acquiring 49,499 shares valued at about $198,000 and owning roughly 2.14% of Universal Security Instruments.
- The company paid a $1.00 special dividend to shareholders of record on Sept. 18, with the dividend paid on Sept. 25 (ex-dividend date Sept. 26).
Universal Security Instruments, Inc. (NYSE:UUU - Get Free Report) Director Milton Ault III purchased 9,026 shares of the business's stock in a transaction on Thursday, November 20th. The shares were bought at an average cost of $3.96 per share, with a total value of $35,742.96. Following the acquisition, the director directly owned 74,433 shares of the company's stock, valued at $294,754.68. This trade represents a 13.80% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Universal Security Instruments Price Performance
Shares of NYSE:UUU opened at $3.99 on Tuesday. The company has a market capitalization of $9.23 million, a P/E ratio of -7.12 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. The firm's 50 day simple moving average is $4.98 and its two-hundred day simple moving average is $3.95.
Universal Security Instruments Dividend Announcement
The firm also recently disclosed a special dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, September 18th were given a $1.00 dividend. The ex-dividend date was Friday, September 26th.
Institutional Trading of Universal Security Instruments
An institutional investor recently bought a new position in Universal Security Instruments stock. Two Sigma Investments LP bought a new stake in shares of Universal Security Instruments, Inc. (NYSE:UUU - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm 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 quarter.
About Universal Security Instruments
(
Get Free Report)
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.
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