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

Universal Electronics Inc. (NASDAQ:UEIC)’s share price passed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $5.08 and traded as high as $5.40. Universal Electronics shares last traded at $5.26, with a volume of 54,693 shares trading hands.

Analyst Ratings Changes

A number of brokerages have issued reports on UEIC. Zacks Research upgraded Universal Electronics to a “hold” rating in a research report on Monday, October 5th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Universal Electronics in a research note on Friday, September 18th. Wall Street Zen lowered Universal Electronics from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Finally, Rosenblatt Securities reiterated a “neutral” rating and set a $5.00 target price on shares of Universal Electronics in a research report on Friday, August 7th. Three research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $4.25.

Universal Electronics Trading Up 5.8%

The firm’s 50-day moving average is $5.08 and its two-hundred day moving average is $4.48. The stock has a market cap of $67.80 million, a price-to-earnings ratio of -4.53 and a beta of 1.30.

Universal Electronics (NASDAQ:UEIC) last posted its quarterly earnings data on Thursday, August 6th. The technology company reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.31. Universal Electronics had a positive return on equity of 2.70% and a negative net margin of 4.57%. The company had revenue of $73.24 million for the quarter, compared to analysts’ expectations of $78.13 million. Universal Electronics has set its FY 2026 guidance at 0.450-0.650 EPS. On average, analysts predict that Universal Electronics Inc. will post 0.25 earnings per share for the current year.

Insider Activity

In related news, insider Toro 18 Holdings Llc sold 105,541 shares of the business’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 transaction of $488,654.83. Following the completion of the sale, the insider directly owned 1,101,832 shares in the company, valued at approximately $5,101,482.16. The trade was a 8.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 442,815 shares of company stock valued at $2,201,304 over the last quarter. Insiders own 17.10% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in shares of Universal Electronics during the second quarter worth $1,860,000. Empowered Funds LLC acquired a new position in Universal Electronics during the second quarter worth about $349,000. Marquette Asset Management LLC purchased a new stake in Universal Electronics during the 2nd quarter valued at about $303,000. Man Group plc purchased a new stake in Universal Electronics during the 2nd quarter valued at about $241,000. Finally, Hsbc Holdings PLC purchased a new stake in Universal Electronics during the 2nd quarter valued at about $108,000. Hedge funds and other institutional investors own 79.35% of the company’s stock.

Universal Electronics Company Profile

Universal Electronics Inc (NASDAQ: UEIC) designs, develops and distributes consumer electronics products and technologies that simplify the control of home entertainment and smart-home devices. Its offerings include universal remote controls, wireless home-control products, audio and video accessories, and related software and connected-device solutions.

The company serves original equipment manufacturers, subscription television providers, retailers and consumers. Its products are marketed under the One For All and other company brands, as well as through private-label and licensed-brand arrangements.