Key Points
- Toro 18 Holdings sold 43,596 Universal Electronics shares at an average price of $5.25, reducing its position by 3.24% to 1.30 million shares. The shareholder also reported additional sales totaling 223,300 shares in August.
- Universal Electronics reported quarterly EPS of $0.34, beating the $0.03 analyst consensus, but revenue of $73.24 million fell short of the $78.13 million estimate. The company issued fiscal 2026 EPS guidance of $0.45–$0.65.
- UEIC shares opened at $4.81, while analysts maintain a generally negative outlook, with an average “Reduce” rating and a $4.25 price target. The company also announced a special dividend of $0.24 per share payable October 15.
Universal Electronics Inc. (NASDAQ:UEIC - Get Free Report) major shareholder Toro 18 Holdings Llc sold 8,300 shares of the firm's stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $4.83, for a total value of $40,089.00. Following the transaction, the insider directly owned 1,277,751 shares of the company's stock, valued at $6,171,537.33. The trade was a 0.65% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Large shareholders that own at least 10% of a company's shares are required to disclose their transactions with the SEC.
Toro 18 Holdings Llc also recently made the following trade(s):
- 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 value of $74,250.00.
- On Monday, August 17th, Toro 18 Holdings Llc sold 43,596 shares of Universal Electronics stock. The stock was 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 shares were sold at an average price of $5.22, for a total transaction of $1,044,000.00.
Universal Electronics Trading Down 0.2%
NASDAQ:UEIC opened at $4.81 on Thursday. Universal Electronics Inc. has a 12-month low of $2.69 and a 12-month high of $5.99. The firm has a market cap of $62.00 million, a price-to-earnings ratio of -4.15 and a beta of 1.19. The company's 50-day moving average is $4.63 and its two-hundred day moving average is $4.28.
Universal Electronics (NASDAQ:UEIC - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The technology company reported $0.34 EPS for the quarter, topping analysts' consensus estimates of $0.03 by $0.31. The business had revenue of $73.24 million during 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.
Universal Electronics Announces Dividend
The firm also recently declared a special dividend, which will be paid on Thursday, October 15th. Shareholders of record on Monday, August 24th will be issued a $0.24 dividend. The ex-dividend date is Monday, August 24th.
Analyst Ratings Changes
Several equities analysts recently commented on UEIC shares. Rosenblatt Securities reiterated a "neutral" rating and issued a $5.00 target price on shares of Universal Electronics in a research note on Friday, August 7th. Wall Street Zen lowered Universal Electronics from a "buy" rating to a "hold" rating in a research note on Saturday, May 16th. Finally, Weiss Ratings upgraded Universal Electronics from a "sell (e+)" rating to a "sell (d-)" rating in a report on Tuesday, June 23rd. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of "Reduce" and an average target price of $4.25.
Get Our Latest Analysis on UEIC
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in UEIC. BlackRock Inc. purchased a new position in shares of Universal Electronics in the 2nd quarter worth about $1,860,000. Kent Lake PR LLC raised its holdings in Universal Electronics by 17.2% in the second quarter. Kent Lake PR LLC now owns 1,260,642 shares of the technology company's stock valued at $8,345,000 after buying an additional 185,014 shares during the period. Ameriprise Financial Inc. lifted its position in Universal Electronics by 23.2% during the second quarter. Ameriprise Financial Inc. now owns 875,458 shares of the technology company's stock valued at $5,796,000 after buying an additional 164,617 shares in the last quarter. Peapod Lane Capital LLC grew its stake in Universal Electronics by 56.5% during the fourth quarter. Peapod Lane Capital LLC now owns 455,543 shares of the technology company's stock worth $1,645,000 after buying an additional 164,379 shares during the period. Finally, First Eagle Investment Management LLC raised its stake in shares of Universal Electronics by 44.3% in the 4th quarter. First Eagle Investment Management LLC now owns 240,148 shares of the technology company's stock valued at $867,000 after acquiring an additional 73,712 shares during the period. Institutional investors and hedge funds own 79.35% of the company's stock.
About Universal Electronics
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Get Free Report)
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.
Further Reading
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