Universal Electronics (NASDAQ:UEIC) Major Shareholder Toro 18 Holdings Llc Sells 200,000 Shares

Key Points

• Major shareholder Toro 18 Holdings sold 200,000 UEIC shares at an average of $5.22 each, generating $1.044 million. The sale reduced its stake by 12.95% to 1,344,647 shares.
• Universal Electronics reported quarterly EPS of $0.34, surpassing the $0.03 consensus estimate, though revenue of $73.24 million fell short of expectations. The company issued fiscal 2026 EPS guidance of $0.45–$0.65.
• The company declared a $0.24-per-share special dividend, payable October 15 to shareholders of record as of August 24. Analysts maintain a generally cautious view, with an average “Reduce” rating and a $4.25 price target.

Universal Electronics Inc. (NASDAQ:UEIC - Get Free Report) major shareholder Toro 18 Holdings Llc sold 200,000 shares of the company's stock in a transaction on Monday, August 10th. The shares were sold at an average price of $5.22, for a total value of $1,044,000.00. Following the completion of the sale, the insider owned 1,344,647 shares in the company, valued at $7,019,057.34. This trade represents a 12.95% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC.

Universal Electronics Stock Performance

Shares of NASDAQ UEIC traded up $0.09 during midday trading on Wednesday, reaching $5.88. 78,216 shares of the company traded hands, compared to its average volume of 66,606. The firm has a market cap of $75.79 million, a PE ratio of -5.07 and a beta of 1.19. Universal Electronics Inc. has a 12 month low of $2.69 and a 12 month high of $5.99. The stock's 50-day simple moving average is $4.52 and its 200-day simple moving average is $4.25.

Universal Electronics (NASDAQ:UEIC - Get Free Report) last posted its 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.

Universal Electronics Announces Dividend

The business also recently declared a special dividend, which will be paid on Thursday, October 15th. Investors of record on Monday, August 24th will be given a dividend of $0.24 per share. The ex-dividend date is Monday, August 24th.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on UEIC shares. Weiss Ratings upgraded shares of Universal Electronics from a "sell (e+)" rating to a "sell (d-)" rating in a research 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 restated a "neutral" rating and set a $5.00 target price on shares of Universal Electronics in a research report on Friday, August 7th. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Reduce" and an average price target of $4.25.

Institutional Trading of Universal Electronics

A number of institutional investors have recently bought and sold shares of UEIC. Cubist Systematic Strategies LLC boosted its position in shares of Universal Electronics by 62.7% in the 1st quarter. Cubist Systematic Strategies LLC now owns 32,502 shares of the technology company's stock worth $199,000 after purchasing an additional 12,526 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in Universal Electronics by 15.6% in the first quarter. Goldman Sachs Group Inc. now owns 36,341 shares of the technology company's stock valued at $222,000 after purchasing an additional 4,893 shares during the last quarter. Empowered Funds LLC lifted its stake in Universal Electronics by 8.4% in the first quarter. Empowered Funds LLC now owns 48,816 shares of the technology company's stock valued at $299,000 after buying an additional 3,802 shares during the period. Kent Lake PR LLC boosted its holdings in Universal Electronics by 17.2% during the second quarter. Kent Lake PR LLC now owns 1,260,642 shares of the technology company's stock worth $8,345,000 after buying an additional 185,014 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in 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 buying an additional 164,617 shares during the last quarter. Institutional investors and hedge funds own 79.35% of the company's stock.

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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