Key Points
- Director Milton Ault III purchased 15,200 shares on March 12 at an average price of $5.89 for a total of $89,528, bringing his direct holdings to 611,632 shares (a 2.55% increase in ownership).
- UUU stock traded at $6.03 (up $0.20) with a market capitalization of $16.38 million, a negative P/E of -10.76, and a 12‑month trading range of $1.65 to $8.27.
- Multiple institutional investors have recently adjusted stakes—most notably DRW Securities (+24.6%) and new positions from Two Sigma, Heron Bay, Geode and Bridgeway—indicating growing institutional activity in the company.
Universal Security Instruments, Inc. (NYSE:UUU - Get Free Report) Director Milton Ault III acquired 15,200 shares of the stock in a transaction dated Thursday, March 12th. The stock was acquired at an average cost of $5.89 per share, with a total value of $89,528.00. Following the transaction, the director directly owned 611,632 shares in the company, valued at approximately $3,602,512.48. This represents a 2.55% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Universal Security Instruments Stock Performance
NYSE:UUU traded up $0.20 during mid-day trading on Friday, hitting $6.03. 37,849 shares of the company's stock traded hands, compared to its average volume of 173,622. The company has a fifty day moving average of $4.94 and a 200 day moving average of $4.92. Universal Security Instruments, Inc. has a twelve month low of $1.65 and a twelve month high of $8.27. The company has a market capitalization of $16.38 million, a P/E ratio of -10.76 and a beta of -0.17.
Hedge Funds Weigh In On Universal Security Instruments
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in UUU. DRW Securities LLC lifted its position in Universal Security Instruments by 24.6% during the 4th quarter. DRW Securities LLC now owns 77,979 shares of the company's stock worth $402,000 after acquiring an additional 15,404 shares during the period. Two Sigma Investments LP acquired a new position in shares of Universal Security Instruments in the third quarter valued at about $198,000. Heron Bay Capital Management acquired a new position in shares of Universal Security Instruments in the fourth quarter valued at about $186,000. Geode Capital Management LLC raised its stake in shares of Universal Security Instruments by 22.8% in 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 last quarter. Finally, Bridgeway Capital Management LLC acquired a new stake in shares of Universal Security Instruments during the fourth quarter worth about $56,000.
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
