Universal Electronics (NASDAQ:UEIC) Stock Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Universal Electronics Inc. (NASDAQ:UEIC) shares crossed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $4.58 and traded as high as $5.54. Universal Electronics shares last traded at $5.47, with a volume of 69,896 shares trading hands.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on UEIC. Zacks Research upgraded shares of Universal Electronics to a “hold” rating in a research report on Monday, October 5th. 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. Weiss Ratings reiterated a “sell (d-)” rating on shares of Universal Electronics in a report on Friday, September 18th. Finally, Wall Street Zen upgraded Universal Electronics to a “buy” rating in a research note on Saturday, September 12th. Three equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Universal Electronics presently has a consensus rating of “Reduce” and an average target price of $4.25.

Universal Electronics Stock Up 5.6%

The company’s 50-day simple moving average is $5.04 and its 200 day simple moving average is $4.59. The company has a market capitalization of $72.44 million, a P/E ratio of -4.84 and a beta of 1.19.

Universal Electronics (NASDAQ:UEIC) last released its quarterly earnings results on Thursday, August 6th. The technology company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.31. The business had revenue of $73.24 million for the quarter, compared to the consensus estimate of $78.13 million. Universal Electronics had a negative net margin of 4.57% and a positive return on equity of 2.70%. Universal Electronics has set its FY 2026 guidance at 0.450-0.650 EPS. As a group, equities research analysts forecast that Universal Electronics Inc. will post 0.25 earnings per share for the current year.

Universal Electronics Announces Dividend

The company also recently disclosed a special dividend, which was paid on Thursday, October 15th. Stockholders of record on Monday, August 24th were paid a $0.24 dividend. The ex-dividend date was Monday, August 24th.

Insider Buying and Selling at Universal Electronics

In related news, insider Toro 18 Holdings Llc sold 105,541 shares of the firm’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $4.63, for a total value of $488,654.83. Following the transaction, the insider directly owned 1,101,832 shares in the company, valued at approximately $5,101,482.16. This trade represents a 8.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders have sold 442,815 shares of company stock valued at $2,201,304 in the last ninety days. 17.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of UEIC. Renaissance Technologies LLC increased its stake in shares of Universal Electronics by 1.4% in the first quarter. Renaissance Technologies LLC now owns 215,723 shares of the technology company’s stock worth $889,000 after purchasing an additional 3,071 shares during the period. Empowered Funds LLC lifted its position in shares of Universal Electronics by 4.7% during the 1st quarter. Empowered Funds LLC now owns 69,266 shares of the technology company’s stock worth $285,000 after purchasing an additional 3,088 shares during the last quarter. GSA Capital Partners LLP bought a new stake in Universal Electronics during the 2nd quarter valued at approximately $83,000. Hsbc Holdings PLC bought a new stake in Universal Electronics during the 2nd quarter valued at approximately $108,000. Finally, Man Group plc bought a new stake in Universal Electronics during the 2nd quarter valued at approximately $241,000. Institutional investors and hedge funds own 79.35% of the company’s stock.

Universal Electronics Company Profile

Universal Electronics Inc (NASDAQ: UEIC) designs, develops, manufactures and distributes entertainment and smart-home control products. Its portfolio includes universal remote controls, replacement remotes, connected home-control solutions and related accessories used with televisions, streaming devices, audio equipment, set-top boxes and other consumer electronics.

The company serves consumers through retail and e-commerce channels and also works with consumer-electronics manufacturers, cable and satellite providers, telecommunications companies and other service providers.