Insider Selling: Universal Electronics (NASDAQ:UEIC) Insider Sells 3,900 Shares

Universal Electronics Inc. (NASDAQ:UEIC) insider Toro 18 Holdings Llc sold 3,900 shares of Universal Electronics stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $4.55, for a total transaction of $17,745.00. Following the completion of the sale, the insider owned 1,231,832 shares in the company, valued at approximately $5,604,835.60. This represents a 0.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Toro 18 Holdings Llc also recently made the following trade(s):

• On Wednesday, September 2nd, Toro 18 Holdings Llc sold 42,019 shares of Universal Electronics stock. The shares were sold at an average price of $4.61, for a total transaction of $193,707.59.
• On Wednesday, August 19th, Toro 18 Holdings Llc sold 8,300 shares of Universal Electronics stock. The stock was sold at an average price of $4.83, for a total transaction of $40,089.00.
• On Tuesday, August 18th, Toro 18 Holdings Llc sold 15,000 shares of Universal Electronics stock. The shares were sold at an average price of $4.95, for a total transaction of $74,250.00.
• On Monday, August 17th, Toro 18 Holdings Llc sold 43,596 shares of Universal Electronics stock. The shares were sold at an average price of $5.25, for a total value of $228,879.00.
• On Monday, August 10th, Toro 18 Holdings Llc sold 200,000 shares of Universal Electronics stock. The stock was sold at an average price of $5.22, for a total value of $1,044,000.00.

Universal Electronics Price Performance

UEIC stock traded up $0.17 on Friday, reaching $4.71. The company’s stock had a trading volume of 49,026 shares, compared to its average volume of 58,383. Universal Electronics Inc. has a 52 week low of $2.69 and a 52 week high of $5.99. The company has a market capitalization of $60.71 million, a P/E ratio of -4.06 and a beta of 1.18. The firm has a fifty day moving average of $4.74 and a two-hundred day moving average of $4.32.

Universal Electronics (NASDAQ:UEIC) last announced its earnings results on Thursday, August 6th. The technology company reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.31. Universal Electronics had a positive return on equity of 2.70% and a negative net margin of 4.57%.The firm had revenue of $73.24 million for the quarter, compared to the consensus estimate of $78.13 million. Universal Electronics has set its FY 2026 guidance at 0.450-0.650 EPS.

Universal Electronics Announces Dividend

The business also recently disclosed a special dividend, which will be paid on Thursday, October 15th. Investors of record on Monday, August 24th will be paid a dividend of $0.24 per share. The ex-dividend date is Monday, August 24th.

Institutional Trading of Universal Electronics

Several institutional investors have recently modified their holdings of UEIC. NewEdge Advisors LLC bought a new position in Universal Electronics during the third quarter valued at about $64,000. GSA Capital Partners LLP bought a new stake in Universal Electronics in the second quarter worth about $83,000. Quadrature Capital Ltd raised its position in Universal Electronics by 47.6% in the fourth quarter. Quadrature Capital Ltd now owns 24,957 shares of the technology company’s stock worth $90,000 after acquiring an additional 8,044 shares in the last quarter. Hsbc Holdings PLC acquired a new stake in Universal Electronics in the 2nd quarter valued at about $108,000. Finally, XTX Topco Ltd lifted its holdings in Universal Electronics by 41.5% in the 4th quarter. XTX Topco Ltd now owns 36,175 shares of the technology company’s stock valued at $131,000 after acquiring an additional 10,604 shares during the last quarter. Institutional investors and hedge funds own 79.35% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on UEIC. Weiss Ratings upgraded shares of Universal Electronics from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, June 23rd. Rosenblatt Securities reaffirmed a “neutral” rating and issued a $5.00 price target on shares of Universal Electronics in a research note on Friday, August 7th. Finally, Wall Street Zen cut shares of Universal Electronics from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Reduce” and an average target price of $4.25.

About Universal Electronics

Universal Electronics Inc (NASDAQ:UEIC) is a leading provider of sensing and control technologies for the smart home and consumer electronics markets. The company specializes in design, development and manufacturing of remote control devices, wireless connectivity modules and integrated sensing solutions. Its core expertise lies in infrared (IR) and radio frequency (RF) remote controls, voice-enabled control devices and universal remotes that allow consumers to manage multiple home entertainment and automation systems through a single interface.

In addition to traditional remote control products, Universal Electronics has expanded its portfolio to include Internet of Things (IoT) gateways, home-automation hubs and cloud-based management platforms.