Universal Electronics (NASDAQ:UEIC) Insider Toro 18 Holdings Llc Sells 105,541 Shares

Universal Electronics Inc. (NASDAQ:UEIC) insider Toro 18 Holdings Llc sold 105,541 shares of the stock in a transaction on Friday, September 11th. The stock was sold at an average price of $4.63, for a total transaction of $488,654.83. Following the sale, the insider owned 1,101,832 shares of the company’s stock, valued at approximately $5,101,482.16. This trade represents 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 the SEC website.

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 transaction of $17,745.00.
• On Wednesday, September 2nd, Toro 18 Holdings Llc sold 42,019 shares of Universal Electronics stock. The stock was 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 stock was 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 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 Price Performance

Shares of Universal Electronics stock opened at $4.78 on Friday. The stock’s 50-day moving average is $4.74 and its 200 day moving average is $4.34. Universal Electronics Inc. has a one year low of $2.69 and a one year high of $5.99. The firm has a market cap of $61.61 million, a price-to-earnings ratio of -4.12 and a beta of 1.18.

Universal Electronics (NASDAQ:UEIC) last issued its earnings results on Thursday, August 6th. The technology company reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.31. The business had revenue of $73.24 million during the quarter, compared to the consensus estimate of $78.13 million. Universal Electronics had a positive return on equity of 2.70% and a negative net margin of 4.57%.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 paid a $0.24 dividend. The ex-dividend date is Monday, August 24th.

Hedge Funds Weigh In On Universal Electronics

Institutional investors have recently modified their holdings of the company. NewEdge Advisors LLC acquired a new stake in Universal Electronics in the 3rd quarter valued at $64,000. GSA Capital Partners LLP acquired a new position in Universal Electronics during the second quarter worth $83,000. Hsbc Holdings PLC acquired a new position in Universal Electronics during the second quarter worth $108,000. Quadrature Capital Ltd lifted its stake 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 buying an additional 8,044 shares in the last quarter. Finally, Prelude Capital Management LLC lifted its stake in shares of Universal Electronics by 88.7% in the third quarter. Prelude Capital Management LLC now owns 29,161 shares of the technology company’s stock valued at $136,000 after buying an additional 13,705 shares in the last quarter. 79.35% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have commented on the stock. Rosenblatt Securities restated a “neutral” rating and issued a $5.00 price target on shares of Universal Electronics in a report on Friday, August 7th. Weiss Ratings upgraded shares of Universal Electronics from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, June 23rd. Finally, Wall Street Zen raised shares of Universal Electronics to a “buy” rating in a research report on Saturday. Two research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price 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.