Universal Electronics (NASDAQ:UEIC) Share Price Breaks Above 200-Day Moving Average - Time to Sell?

Key Points

• Universal Electronics shares rose above their 200-day moving average, reaching $5.54 and last trading at $5.47, compared with a 200-day average of $4.58.
• Analyst sentiment remains cautious: the stock has an average “Reduce” rating and a $4.25 price target, below its current price, despite some upgrades to “Hold” and “Buy.”
• The company beat quarterly EPS expectations but missed revenue estimates, while insiders sold 442,815 shares over the past quarter; Universal Electronics also paid a special $0.24-per-share dividend.

Universal Electronics Inc. (NASDAQ:UEIC - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Monday. The stock has a two hundred 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 traded.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on UEIC shares. Weiss Ratings restated a "sell (d-)" rating on shares of Universal Electronics in a research note on Friday, September 18th. Zacks Research upgraded 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. Finally, Wall Street Zen raised Universal Electronics to a "buy" rating in a research note on Saturday, September 12th. Three research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Universal Electronics currently has an average rating of "Reduce" and an average target price of $4.25.

Universal Electronics Trading Up 3.0%

The company's 50 day moving average is $5.05 and its 200-day moving average is $4.58. The company has a market capitalization of $70.51 million, a P/E ratio of -4.72 and a beta of 1.19.

Universal Electronics (NASDAQ:UEIC - Get Free Report) last issued its quarterly earnings results 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 company had revenue of $73.24 million during the quarter, compared to analysts' expectations of $78.13 million. Universal Electronics has set its FY 2026 guidance at 0.450-0.650 EPS. Analysts predict that Universal Electronics Inc. will post 0.25 EPS for the current fiscal year.

Universal Electronics Dividend Announcement

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

Insider Activity at Universal Electronics

In related news, insider Toro 18 Holdings Llc sold 105,541 shares of the company's stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $4.63, for a total value of $488,654.83. Following the sale, the insider owned 1,101,832 shares in the company, valued at $5,101,482.16. This represents a 8.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Over the last quarter, insiders sold 442,815 shares of company stock valued at $2,201,304. Insiders own 17.10% of the company's stock.

Institutional Inflows and Outflows

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

About Universal Electronics

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.

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