Key Points
- Director Milton Ault III purchased 8,310 shares at an average price of $4.95 on March 4, spending $41,134.50 and increasing his holdings to 527,440 shares (a 1.60% rise), per an SEC filing.
- UUU shares were trading flat at $5.05 on low volume, with a market cap of $13.73 million, a 52-week range of $1.65–$8.27, and a negative P/E of -9.02.
- Multiple institutional investors (including Two Sigma, Heron Bay, Geode, Qube and Bridgeway) recently initiated or increased positions, signaling modest institutional interest in the stock.
Universal Security Instruments, Inc. (NYSE:UUU - Get Free Report) Director Milton Ault III bought 8,310 shares of Universal Security Instruments stock in a transaction on Wednesday, March 4th. The stock was purchased at an average price of $4.95 per share, for a total transaction of $41,134.50. Following the completion of the acquisition, the director owned 527,440 shares in the company, valued at $2,610,828. This represents a 1.60% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Universal Security Instruments Price Performance
Shares of UUU remained flat at $5.05 on Friday. 7,643 shares of the company traded hands, compared to its average volume of 184,635. Universal Security Instruments, Inc. has a fifty-two week low of $1.65 and a fifty-two week high of $8.27. The firm has a 50-day moving average price of $4.89 and a 200 day moving average price of $4.85. The stock has a market cap of $13.73 million, a price-to-earnings ratio of -9.02 and a beta of -0.17.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the stock. Qube Research & Technologies Ltd acquired a new stake in shares of Universal Security Instruments in the third quarter worth approximately $42,000. Bridgeway Capital Management LLC purchased a new position in Universal Security Instruments during the fourth quarter worth approximately $56,000. Geode Capital Management LLC raised its stake in 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 during the period. Heron Bay Capital Management acquired a new position in shares of Universal Security Instruments in the 4th quarter valued at $186,000. Finally, Two Sigma Investments LP purchased a new stake in shares of Universal Security Instruments during the 3rd quarter valued at $198,000.
About Universal Security Instruments
(
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.
Further Reading
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