Universal Electronics (NASDAQ:UEIC) Insider Sells 105,541 Shares of Stock

Key Points

• Insider selling: Toro 18 Holdings sold 105,541 Universal Electronics shares for approximately $488,655, reducing its ownership by 8.74% to 1.10 million shares. The insider has also reported several additional sales in recent weeks.
• Stock and financial performance: UEIC shares rose to $4.78, near the company’s $4.74 50-day moving average. Universal Electronics beat quarterly EPS estimates ($0.34 versus $0.03) but missed revenue expectations, reporting $73.24 million.
• Investor outlook: The company declared a special $0.24 dividend, while analysts maintain a cautious view with an average “Reduce” rating and a $4.25 consensus price target. Institutional investors own approximately 79.35% of the stock.

Universal Electronics Inc. (NASDAQ:UEIC - Get Free Report) insider Toro 18 Holdings Llc sold 105,541 shares of the business's stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $4.63, for a total transaction of $488,654.83. Following the transaction, the insider directly owned 1,101,832 shares of the company's stock, valued at $5,101,482.16. The trade was a 8.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Thursday, September 10th, Toro 18 Holdings Llc sold 24,459 shares of Universal Electronics stock. The shares were sold at an average price of $4.66, for a total transaction of $113,978.94.
• On Thursday, September 3rd, Toro 18 Holdings Llc sold 3,900 shares of Universal Electronics stock. The shares were sold at an average price of $4.55, for a total value 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 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 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 Stock Performance

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

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 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 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 business also recently disclosed 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 is Monday, August 24th.

Institutional Investors Weigh In On Universal Electronics

Several hedge funds have recently made changes to their positions in the company. NewEdge Advisors LLC purchased a new position in Universal Electronics during the 3rd quarter worth approximately $64,000. GSA Capital Partners LLP purchased a new stake in shares of Universal Electronics in the second quarter valued at $83,000. Quadrature Capital Ltd lifted its holdings in shares of Universal Electronics by 47.6% in 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 in the last quarter. Hsbc Holdings PLC acquired a new stake in shares of Universal Electronics in the second quarter worth $108,000. Finally, XTX Topco Ltd boosted its position in shares of Universal Electronics by 41.5% in the fourth quarter. XTX Topco Ltd now owns 36,175 shares of the technology company's stock worth $131,000 after buying an additional 10,604 shares during the period. Hedge funds and other institutional investors own 79.35% of the company's stock.

Wall Street Analyst Weigh In

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

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