Universal Electronics (NASDAQ:UEIC) Stock Crosses Above Two Hundred Day Moving Average – Time to Sell?

Shares of Universal Electronics Inc. (NASDAQ:UEIC) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $3.80 and traded as high as $4.07. Universal Electronics shares last traded at $4.03, with a volume of 28,055 shares changing hands.

Analysts Set New Price Targets

UEIC has been the subject of several analyst reports. Weiss Ratings lowered shares of Universal Electronics from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Monday, May 11th. Wall Street Zen lowered shares of Universal Electronics from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Two research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $5.75.

Universal Electronics Stock Performance

The firm’s 50 day moving average is $4.20 and its 200-day moving average is $3.80. The firm has a market cap of $50.90 million, a price-to-earnings ratio of -2.69 and a beta of 1.23.

Universal Electronics (NASDAQ:UEIC) last announced its earnings results on Monday, May 11th. The technology company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.03) by ($0.07). The firm had revenue of $79.04 million during the quarter, compared to the consensus estimate of $73.86 million. Universal Electronics had a positive return on equity of 0.41% and a negative net margin of 5.54%.Universal Electronics has set its FY 2026 guidance at 0.450-0.650 EPS.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Empowered Funds LLC raised its holdings in Universal Electronics by 4.7% in the 1st quarter. Empowered Funds LLC now owns 69,266 shares of the technology company’s stock worth $285,000 after acquiring an additional 3,088 shares during the period. Renaissance Technologies LLC raised its holdings in Universal Electronics by 1.4% in the 1st quarter. Renaissance Technologies LLC now owns 215,723 shares of the technology company’s stock worth $889,000 after acquiring an additional 3,071 shares during the period. XTX Topco Ltd raised its holdings in Universal Electronics by 41.5% in the 4th quarter. XTX Topco Ltd now owns 36,175 shares of the technology company’s stock worth $131,000 after acquiring an additional 10,604 shares during the period. Quadrature Capital Ltd raised its holdings in Universal Electronics by 47.6% in the 4th quarter. Quadrature Capital Ltd now owns 24,957 shares of the technology company’s stock worth $90,000 after acquiring an additional 8,044 shares during the period. Finally, Man Group plc raised its holdings in Universal Electronics by 2.9% in the 4th quarter. Man Group plc now owns 102,924 shares of the technology company’s stock worth $372,000 after acquiring an additional 2,905 shares during the period. Institutional investors 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.