Key Points
- Director Milton Ault III bought 21,792 shares on March 5 at an average of $5.16 per share for a total of $112,446.72, increasing his holdings to 549,232 shares (a 4.13% bump) — the transaction was disclosed in an SEC filing.
- Universal Security Instruments (UUU) is a small-cap stock trading around $5.40 with a 52-week range of $1.65–$8.27, a market capitalization of about $14.7 million and a negative trailing P/E of -9.64, indicating the company is not currently profitable.
- Several institutions have recently built or increased positions — including Geode Capital (+22.8%) and DRW Securities (+24.6%) — signaling modest institutional interest in the stock.
Universal Security Instruments, Inc. (NYSE:UUU - Get Free Report) Director Milton Ault III acquired 5,700 shares of the stock in a transaction on Monday, March 9th. The stock was bought at an average price of $5.25 per share, with a total value of $29,925.00. Following the completion of the acquisition, the director directly owned 556,332 shares of the company's stock, valued at $2,920,743. This trade represents a 1.04% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.
Universal Security Instruments Stock Performance
Universal Security Instruments stock opened at $5.40 on Tuesday. Universal Security Instruments, Inc. has a fifty-two week low of $1.65 and a fifty-two week high of $8.27. The stock's 50 day simple moving average is $4.90 and its two-hundred day simple moving average is $4.90. The stock has a market cap of $14.68 million, a price-to-earnings ratio of -9.64 and a beta of -0.17.
Hedge Funds Weigh In On Universal Security Instruments
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Qube Research & Technologies Ltd purchased a new position in Universal Security Instruments during the third quarter valued at $42,000. Bridgeway Capital Management LLC purchased a new stake in shares of Universal Security Instruments in the 4th quarter worth about $56,000. Geode Capital Management LLC increased its stake in shares of Universal Security Instruments by 22.8% in the 4th quarter. Geode Capital Management LLC now owns 15,355 shares of the company's stock worth $79,000 after acquiring an additional 2,850 shares in the last quarter. Heron Bay Capital Management bought a new position in shares of Universal Security Instruments in the 4th quarter worth about $186,000. Finally, Two Sigma Investments LP purchased a new position in Universal Security Instruments during the 3rd quarter valued at about $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.
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