Key Points
- Director Milton Ault III purchased 2,500 shares on Dec. 15 at an average price of $5.02 for $12,550, raising his holdings to 8,453 shares (a 42% increase).
- Two Sigma Investments LP disclosed a new Q3 stake of 49,499 shares, representing about 2.14% of the company and valued at roughly $198,000.
- The stock was trading at $4.96 with only 2,282 shares changing hands versus an average volume of 358,732; Universal Security Instruments has a market cap of $11.47M, a negative P/E, and a 52‑week range of $1.65–$8.27.
Universal Security Instruments, Inc. (NYSE:UUU - Get Free Report) Director Milton Ault III purchased 2,500 shares of the stock in a transaction dated Monday, December 15th. The stock was purchased at an average cost of $5.02 per share, for a total transaction of $12,550.00. Following the completion of the acquisition, the director owned 8,453 shares of the company's stock, valued at approximately $42,434.06. This represents a 42.00% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Universal Security Instruments Price Performance
Shares of UUU stock remained flat at $4.96 during trading hours on Thursday. 2,282 shares of the stock were exchanged, compared to its average volume of 358,732. The stock has a 50 day simple moving average of $4.61 and a two-hundred day simple moving average of $4.20. The firm has a market capitalization of $11.47 million, a price-to-earnings ratio of -8.86 and a beta of -0.26. Universal Security Instruments, Inc. has a one year low of $1.65 and a one year high of $8.27.
Institutional Investors Weigh In On Universal Security Instruments
A hedge fund recently bought a new stake in Universal Security Instruments stock. Two Sigma Investments LP acquired a new stake in shares of Universal Security Instruments, Inc. (NYSE:UUU - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 49,499 shares of the company's stock, valued at approximately $198,000. Two Sigma Investments LP owned 2.14% of Universal Security Instruments as of its most recent filing with the Securities and Exchange Commission (SEC).
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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