Universal Security Instruments (NYSE:UUU) Director Milton Ault III Purchases 6,200 Shares of Stock

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III purchased 6,200 shares of Universal Security Instruments stock in a transaction dated Monday, August 17th. The shares were acquired at an average cost of $4.10 per share, for a total transaction of $25,420.00. Following the completion of the transaction, the director owned 1,030,252 shares of the company’s stock, valued at approximately $4,224,033.20. This represents a 0.61% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Universal Security Instruments Stock Up 38.1%

Shares of Universal Security Instruments stock traded up $1.72 during trading on Wednesday, reaching $6.24. The company’s stock had a trading volume of 255,207 shares, compared to its average volume of 74,879. Universal Security Instruments, Inc. has a 1-year low of $2.86 and a 1-year high of $8.27. The company has a 50-day simple moving average of $4.13 and a two-hundred day simple moving average of $5.17. The company has a market cap of $18.90 million, a price-to-earnings ratio of -11.14 and a beta of 0.05.

Institutional Trading of Universal Security Instruments

Several large investors have recently bought and sold shares of UUU. Bank of America Corp DE purchased a new position in shares of Universal Security Instruments in the second quarter worth $2,973,000. Jupiter Topco LLC purchased a new stake in shares of Universal Security Instruments during the second quarter valued at $562,000. Legal & General Group Plc acquired a new position in shares of Universal Security Instruments in the 2nd quarter valued at $2,947,000. The Manufacturers Life Insurance Company acquired a new position in shares of Universal Security Instruments in the 2nd quarter valued at $523,000. Finally, Brandywine Trust Co. purchased a new position in Universal Security Instruments in the 2nd quarter worth $778,000.

Universal Security Instruments Company Profile

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.