Milton Ault III Purchases 5,000 Shares of Universal Security Instruments (NYSE:UUU) Stock

Key Points

  • Milton Ault III purchased 5,000 shares of Universal Security Instruments (UUU) on March 2 at an average price of $4.94, spending $24,700 and increasing his holdings to 497,130 shares (a 1.02% rise) valued at about $2.456 million.
  • UUU is a small-cap stock (market cap ≈ $13.05 million) trading around $4.80—near its 50- and 200-day moving averages (~$4.89 and $4.85)—with a 52-week range of $1.65–$8.27 and a negative P/E of -8.57.
  • Institutional activity has increased recently, with DRW Securities boosting its stake by 24.6% to 77,979 shares and firms like Bridgeway, Heron Bay, Geode and Qube Research initiating or adding positions.

Universal Security Instruments, Inc. (NYSE:UUU - Get Free Report) Director Milton Ault III purchased 5,000 shares of the business's stock in a transaction on Monday, March 2nd. The shares were bought at an average cost of $4.94 per share, with a total value of $24,700.00. Following the acquisition, the director directly owned 497,130 shares of the company's stock, valued at $2,455,822.20. This trade represents a 1.02% 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 Stock Up 1.9%

NYSE UUU opened at $4.80 on Wednesday. The stock's 50-day moving average price is $4.89 and its 200-day moving average price is $4.85. Universal Security Instruments, Inc. has a 52 week low of $1.65 and a 52 week high of $8.27. The company has a market capitalization of $13.05 million, a P/E ratio of -8.57 and a beta of -0.21.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. DRW Securities LLC increased its stake in Universal Security Instruments by 24.6% in the 4th quarter. DRW Securities LLC now owns 77,979 shares of the company's stock worth $402,000 after buying an additional 15,404 shares in the last quarter. Bridgeway Capital Management LLC purchased a new position in shares of Universal Security Instruments in the fourth quarter valued at about $56,000. Heron Bay Capital Management bought a new position in shares of Universal Security Instruments in the fourth quarter worth about $186,000. Geode Capital Management LLC grew its position in shares of 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 purchasing an additional 2,850 shares in the last quarter. Finally, Qube Research & Technologies Ltd purchased a new stake in shares of Universal Security Instruments during the third quarter worth about $42,000.

Universal Security Instruments Company Profile

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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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