Key Points
- Toro 18 Holdings sold 42,019 Universal Electronics shares at an average price of $4.61, generating $193,707.59 and reducing its position by 3.29% to 1.24 million shares. The insider has also made several additional sales recently.
- Universal Electronics reported quarterly EPS of $0.34, exceeding the $0.03 consensus estimate, but revenue of $73.24 million fell short of the $78.13 million forecast. The company issued fiscal 2026 EPS guidance of $0.45–$0.65.
- The stock opened at $4.71, with a market capitalization of about $60.7 million, while analysts maintain a generally negative outlook: two rate it Hold and one Sell, producing an average rating of “Reduce” and a $4.25 consensus price target.
Universal Electronics Inc. (NASDAQ:UEIC - Get Free Report) insider Toro 18 Holdings Llc sold 3,900 shares of the firm's stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of $4.55, for a total value of $17,745.00. Following the completion of the transaction, the insider owned 1,231,832 shares in the company, valued at $5,604,835.60. This represents a 0.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
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 stock was sold at an average price of $4.61, for a total value of $193,707.59.
- On Wednesday, August 19th, Toro 18 Holdings Llc sold 8,300 shares of Universal Electronics stock. The shares were sold at an average price of $4.83, for a total value 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 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 transaction 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 transaction of $1,044,000.00.
Universal Electronics Price Performance
Shares of UEIC stock opened at $4.71 on Friday. The firm has a 50-day moving average of $4.74 and a 200-day moving average of $4.33. Universal Electronics Inc. has a one year low of $2.69 and a one year high of $5.99. The company has a market cap of $60.71 million, a P/E ratio of -4.06 and a beta of 1.18.
Universal Electronics (NASDAQ:UEIC - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The technology company reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.31. The business had revenue of $73.24 million for the quarter, compared to analysts' expectations 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 announced a special dividend, which will be paid on Thursday, October 15th. Stockholders of record on Monday, August 24th will be issued a $0.24 dividend. The ex-dividend date of this dividend is Monday, August 24th.
Hedge Funds Weigh In On Universal Electronics
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Kent Lake PR LLC increased its stake in shares of 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 worth $8,345,000 after purchasing an additional 185,014 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Universal Electronics by 23.2% during the second quarter. Ameriprise Financial Inc. now owns 875,458 shares of the technology company's stock worth $5,796,000 after acquiring an additional 164,617 shares in the last quarter. BlackRock Inc. bought a new position in shares of Universal Electronics in the second quarter worth $1,860,000. First Eagle Investment Management LLC raised its stake in shares of Universal Electronics by 44.3% during the 4th quarter. First Eagle Investment Management LLC now owns 240,148 shares of the technology company's stock valued at $867,000 after purchasing an additional 73,712 shares during the period. Finally, Renaissance Technologies LLC lifted its holdings in Universal Electronics by 1.4% during the 1st 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 in the last quarter. Institutional investors own 79.35% of the company's stock.
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on UEIC. Rosenblatt Securities reaffirmed a "neutral" rating and set a $5.00 target price on shares of Universal Electronics in a research report on Friday, August 7th. Weiss Ratings raised shares of Universal Electronics from a "sell (e+)" rating to a "sell (d-)" rating in a report on Tuesday, June 23rd. Finally, Wall Street Zen lowered shares of Universal Electronics from a "buy" rating to a "hold" rating in a research report on Saturday, May 16th. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Reduce" and an average target price of $4.25.
View Our Latest Stock Report on Universal Electronics
About Universal Electronics
(
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.
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