Key Points
- Milton Ault III purchased 95,000 shares at an average price of $6.00 ($570,000), boosting his holdings to 257,457 shares — a 58.48% increase valued at about $1.54 million, per an SEC filing.
- UUU opened at $4.69, trades near its 50‑day/200‑day averages of $4.71/$4.56, has a 12‑month range of $1.65–$8.27, a market cap of $10.85 million and a negative PE of -8.37.
- Institutional note: Qube Research & Technologies established a new stake of 10,562 shares (≈$42,000), representing roughly 0.46% ownership per its most recent 13F filing.
Universal Security Instruments, Inc. (NYSE:UUU - Get Free Report) Director Milton Ault III purchased 95,000 shares of the stock in a transaction dated Friday, January 16th. The shares were purchased at an average price of $6.00 per share, with a total value of $570,000.00. Following the completion of the transaction, the director owned 257,457 shares of the company's stock, valued at approximately $1,544,742. This trade represents a 58.48% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Universal Security Instruments Trading Up 19.9%
UUU stock opened at $4.69 on Thursday. The business's fifty day moving average price is $4.71 and its 200 day moving average price is $4.56. Universal Security Instruments, Inc. has a 12-month low of $1.65 and a 12-month high of $8.27. The company has a market capitalization of $10.85 million, a PE ratio of -8.37 and a beta of -0.41.
Institutional Investors Weigh In On Universal Security Instruments
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) in the 3rd 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 SEC filing.
Universal Security Instruments Company Profile
(
Get Free Report)
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.
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