Key Points
- Director Milton Ault III purchased 5,400 shares on December 11 at $4.87 per share for $26,298, increasing his direct holdings to 142,031 shares (a 3.95% increase).
- Hedge fund Qube Research & Technologies acquired a new stake of 10,562 shares (~$42,000), representing roughly 0.46% ownership in Universal Security Instruments.
- UUU stock opened at $4.96, was reported up 4.4%, has a 52-week range of $1.65–$8.27, and a market capitalization of about $11.47 million with a negative P/E.
Universal Security Instruments, Inc. (NYSE:UUU - Get Free Report) Director Milton Ault III acquired 5,400 shares of the business's stock in a transaction on Thursday, December 11th. The stock was purchased at an average cost of $4.87 per share, with a total value of $26,298.00. Following the acquisition, the director directly owned 142,031 shares of the company's stock, valued at $691,690.97. This represents a 3.95% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink.
Universal Security Instruments Stock Up 4.4%
UUU stock opened at $4.96 on Tuesday. Universal Security Instruments, Inc. has a 52-week low of $1.65 and a 52-week high of $8.27. The firm has a market cap of $11.47 million, a P/E ratio of -8.86 and a beta of -0.26. The company's 50-day simple moving average is $4.59 and its 200-day simple moving average is $4.17.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Universal Security Instruments stock. Qube Research & Technologies Ltd purchased a new stake in Universal Security Instruments, Inc. (NYSE:UUU - Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 10,562 shares of the company's stock, valued at approximately $42,000. Qube Research & Technologies Ltd owned 0.46% of Universal Security Instruments as of its most recent filing with the SEC.
Universal Security Instruments Company Profile
(
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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