Key Points
- Director Milton Ault III bought 10,000 shares on March 23 at an average of $6.01 per share (total $60,100), raising his stake to 660,839 shares — a 1.54% increase valued at about $3.97 million.
- UUU opened at $5.73 with a 50‑day/200‑day moving average of $5.04/$5.01, a 1‑year range of $1.65–$8.27, a market cap of $15.57 million and a negative P/E of -10.23.
- Several institutional investors (Qube, Bridgeway, Geode, Heron Bay and Two Sigma) recently initiated or grew positions in Universal Security Instruments, indicating modest hedge fund interest.
Universal Security Instruments, Inc. (NYSE:UUU - Get Free Report) Director Milton Ault III purchased 4,000 shares of the business's stock in a transaction dated Thursday, March 19th. The shares were acquired at an average price of $6.01 per share, with a total value of $24,040.00. Following the completion of the acquisition, the director owned 640,839 shares of the company's stock, valued at approximately $3,851,442.39. The trade was a 0.63% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Universal Security Instruments Trading Down 3.5%
Shares of Universal Security Instruments stock opened at $5.73 on Tuesday. Universal Security Instruments, Inc. has a 1 year low of $1.65 and a 1 year high of $8.27. The company's fifty day simple moving average is $5.04 and its 200-day simple moving average is $5.01. The company has a market cap of $15.57 million, a price-to-earnings ratio of -10.23 and a beta of -0.17.
Hedge Funds Weigh In On Universal Security Instruments
Large investors have recently added to or reduced their stakes in the company. Qube Research & Technologies Ltd bought a new stake in shares of Universal Security Instruments during the third quarter valued at approximately $42,000. Bridgeway Capital Management LLC acquired a new position in shares of Universal Security Instruments in the fourth quarter valued at $56,000. Geode Capital Management LLC lifted its position in 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 period. Heron Bay Capital Management bought a new position in Universal Security Instruments in the fourth quarter worth $186,000. Finally, Two Sigma Investments LP acquired a new stake in Universal Security Instruments during the third quarter worth $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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