Key Points
- Milton Ault III bought 10,000 shares of Universal Security Instruments on March 31 at $5.84 each ($58,400), bringing his ownership to 685,252 shares (a 1.48% increase) per an SEC filing.
- UUU opened at $5.90 with a 52-week range of $1.65–$8.27, a market capitalization of $16.04 million and a negative P/E of -10.54; its 50- and 200-day moving averages are roughly $5.16 and $5.01.
- Multiple institutions — including Two Sigma, Geode, Bridgeway Capital, Heron Bay and Qube Research — have recently initiated or increased stakes in UUU, indicating modest institutional interest.
Universal Security Instruments, Inc. (NYSE:UUU - Get Free Report) Director Milton Ault III bought 10,000 shares of the stock in a transaction dated Tuesday, March 31st. The stock was purchased at an average price of $5.84 per share, with a total value of $58,400.00. Following the acquisition, the director owned 685,252 shares of the company's stock, valued at $4,001,871.68. The trade was a 1.48% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Universal Security Instruments Price Performance
UUU opened at $5.90 on Friday. 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 market capitalization of $16.04 million, a P/E ratio of -10.54 and a beta of -0.17. The company's 50-day moving average is $5.16 and its 200 day moving average is $5.01.
Institutional Trading of Universal Security Instruments
A number of institutional investors and hedge funds have recently modified their holdings of UUU. Qube Research & Technologies Ltd bought a new stake in Universal Security Instruments during the third quarter worth $42,000. Bridgeway Capital Management LLC bought a new position in Universal Security Instruments in the 4th quarter valued at $56,000. Geode Capital Management LLC grew its stake in Universal Security Instruments by 22.8% in the 4th quarter. Geode Capital Management LLC now owns 15,355 shares of the company's stock valued at $79,000 after purchasing an additional 2,850 shares during the period. Heron Bay Capital Management purchased a new stake in shares of Universal Security Instruments during 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.
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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