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

Universal Electronics Inc. (NASDAQ:UEIC)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $3.84 and traded as high as $4.13. Universal Electronics shares last traded at $3.98, with a volume of 35,376 shares trading hands.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Weiss Ratings upgraded Universal Electronics from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, May 26th. Wall Street Zen downgraded Universal Electronics from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $5.75.

Universal Electronics Stock Performance

The company has a market cap of $49.64 million, a PE ratio of -2.62 and a beta of 1.22. The company has a 50 day simple moving average of $4.16 and a two-hundred day simple moving average of $3.85.

Universal Electronics (NASDAQ:UEIC) last posted its quarterly 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). Universal Electronics had a positive return on equity of 0.41% and a negative net margin of 5.54%.The company had revenue of $79.04 million for the quarter, compared to analyst estimates of $73.86 million. Universal Electronics has set its FY 2026 guidance at 0.450-0.650 EPS.

Institutional Investors Weigh In On Universal Electronics

A number of hedge funds and other institutional investors have recently made changes to their positions in UEIC. Kent Lake PR LLC raised its stake in shares of Universal Electronics by 17.2% during the 2nd quarter. Kent Lake PR LLC now owns 1,260,642 shares of the technology company’s stock worth $8,345,000 after purchasing an additional 185,014 shares in the last quarter. Peapod Lane Capital LLC raised its stake in shares of Universal Electronics by 130.9% during the 3rd quarter. Peapod Lane Capital LLC now owns 291,164 shares of the technology company’s stock worth $1,357,000 after purchasing an additional 165,079 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Universal Electronics by 23.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 875,458 shares of the technology company’s stock worth $5,796,000 after purchasing an additional 164,617 shares in the last quarter. First Eagle Investment Management LLC raised its stake in shares of Universal Electronics by 44.3% during the 4th quarter. First Eagle Investment Management LLC now owns 240,148 shares of the technology company’s stock worth $867,000 after purchasing an additional 73,712 shares in the last quarter. Finally, Renaissance Technologies LLC raised its stake in shares of Universal Electronics by 35.7% during the 4th quarter. Renaissance Technologies LLC now owns 212,652 shares of the technology company’s stock worth $768,000 after purchasing an additional 55,929 shares in the last quarter. 79.35% of the stock is owned by hedge funds and other institutional investors.

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.