Universal Security Instruments (NYSE:UUU) Director Milton Ault III Purchases 2,168 Shares

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III bought 2,168 shares of the firm’s stock in a transaction that occurred on Monday, December 22nd. The shares were purchased at an average price of $4.98 per share, for a total transaction of $10,796.64. Following the transaction, the director owned 151,392 shares of the company’s stock, valued at $753,932.16. The trade was a 1.45% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Universal Security Instruments Stock Performance

Shares of UUU opened at $5.02 on Wednesday. Universal Security Instruments, Inc. has a fifty-two week low of $1.65 and a fifty-two week high of $8.27. The stock has a fifty day moving average of $4.60 and a two-hundred day moving average of $4.27. The company has a market capitalization of $11.61 million, a PE ratio of -8.96 and a beta of -0.26.

Hedge Funds Weigh In On Universal Security Instruments

A hedge fund recently bought a new stake in Universal Security Instruments stock. Two Sigma Investments LP bought a new position in shares of Universal Security Instruments, Inc. (NYSE:UUU) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 49,499 shares of the company’s stock, valued at approximately $198,000. Two Sigma Investments LP owned 2.14% of Universal Security Instruments as of its most recent filing with the SEC.

About Universal Security Instruments

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.