Insider Selling: Universal Electronics (NASDAQ:UEIC) Insider Sells $113,978.94 in Stock

Key Points

• Toro 18 Holdings sold 24,459 Universal Electronics shares for approximately $113,979, reducing its position by 1.99% to 1.21 million shares. The insider has also made several additional sales recently, including 105,541 shares the following day.
• Universal Electronics shares traded at $4.78, while the company recently reported quarterly EPS of $0.34, exceeding the $0.03 analyst estimate, despite revenue falling short of expectations and a negative net margin.
• The company declared a $0.24-per-share special dividend. Analysts maintain a cautious outlook, with an average “Reduce” rating and a $4.25 price target compared with the reported share price.

Universal Electronics Inc. (NASDAQ:UEIC - Get Free Report) insider Toro 18 Holdings Llc sold 24,459 shares of the stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $4.66, for a total transaction of $113,978.94. Following the completion of the transaction, the insider directly owned 1,207,373 shares of the company's stock, valued at $5,626,358.18. This trade represents a 1.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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

• On Friday, September 11th, Toro 18 Holdings Llc sold 105,541 shares of Universal Electronics stock. The shares were sold at an average price of $4.63, for a total transaction of $488,654.83.
• On Thursday, September 3rd, Toro 18 Holdings Llc sold 3,900 shares of Universal Electronics stock. The stock was sold at an average price of $4.55, for a total transaction of $17,745.00.
• 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 stock was 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 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 shares were sold at an average price of $5.22, for a total value of $1,044,000.00.

Universal Electronics Stock Performance

Shares of NASDAQ:UEIC traded up $0.16 during midday trading on Friday, hitting $4.78. 184,779 shares of the stock were exchanged, compared to its average volume of 58,652. The stock has a market capitalization of $61.61 million, a price-to-earnings ratio of -4.12 and a beta of 1.18. The business's 50-day moving average price is $4.74 and its 200 day moving average price is $4.34. Universal Electronics Inc. has a 12 month low of $2.69 and a 12 month high of $5.99.

Universal Electronics (NASDAQ:UEIC - Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The technology company reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.31. Universal Electronics had a negative net margin of 4.57% and a positive return on equity of 2.70%. The business had revenue of $73.24 million during the quarter, compared to analyst estimates of $78.13 million. 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. Stockholders of record on Monday, August 24th will be paid a dividend of $0.24 per share. The ex-dividend date of this dividend is Monday, August 24th.

Analysts Set New Price Targets

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

Institutional Inflows and Outflows

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

Universal Electronics Company Profile

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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