Milton Ault III Acquires 3,116 Shares of Universal Security Instruments (NYSE:UUU) Stock

Universal Security Instruments, Inc. (NYSE:UUU) Director Milton Ault III purchased 3,116 shares of the firm’s stock in a transaction on Tuesday, December 16th. The shares were purchased at an average cost of $5.03 per share, for a total transaction of $15,673.48. Following the completion of the purchase, the director directly owned 144,100 shares in the company, valued at $724,823. The trade was a 2.21% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Universal Security Instruments Stock Down 0.4%

Shares of UUU traded down $0.02 on Wednesday, hitting $4.96. 24,367 shares of the stock traded hands, compared to its average volume of 360,216. Universal Security Instruments, Inc. has a 1 year low of $1.65 and a 1 year high of $8.27. The stock’s 50 day moving average is $4.60 and its two-hundred day moving average is $4.19. The firm has a market capitalization of $11.47 million, a P/E ratio of -8.86 and a beta of -0.26.

Institutional Trading of Universal Security Instruments

An institutional investor recently bought a new position in Universal Security Instruments stock. Two Sigma Investments LP acquired a new stake in shares of Universal Security Instruments, Inc. (NYSE:UUU) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 49,499 shares of the company’s stock, valued at approximately $198,000. Two Sigma Investments LP owned about 2.14% of Universal Security Instruments at the end of the most recent reporting period.

About Universal Security Instruments

Universal Security Instruments, Inc, together with its subsidiary, engages in the marketing and distribution of safety and security products in the United States. The company offers a line of safety alarms units, including replaceable batteries, sealed batteries, and battery backup alarms; and smoke alarms, which include hearing impaired and heat alarms, as well as carbon monoxide alarms, door chimes, ventilation products, ground fault circuit interrupters, and other electrical devices under the UNIVERSAL and USI Electric trade names.