Universal Electronics (UEIC)

• Market cap: $141M
• 1 day: -0.64%
• 5 days: -5.00%
• 1 month: -7.44%
• 3 months: 23.63%
• 6 months: -1.63%
• Year to date: 13.64%
• 1 year: 32.88%
• 5 years: -79.53%
• 10 years: -82.82%
• Sector: Consumer Discretionary
• Industry: Household Audio & Video Equipment

About: Universal Electronics Inc is a United States-based company that principally designs, develops, manufactures, ships, and supports control and sensor technology solutions and a broad line of universal control systems, audio-video (AV) accessories, wireless security, and smart home products that are used by the world's brands in the video services, consumer electronics, security, home automation, climate control and home appliance markets. It generates its total revenue from the United States.

Employees: 4,177

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

50% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 8

13% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 24

5% more funds holding

Funds holding: 73 [Q2] → 77 (+4) [Q3]

9% more call options, than puts

Call options by funds: $70K | Put options by funds: $64K

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

1.58% less ownership

Funds ownership: 63.96% [Q2] → 62.38% (-1.58%) [Q3]

23% less capital invested

Capital invested by funds: $95.8M [Q2] → $74.2M (-$21.6M) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $14 29% upside
• Avg. target: $14.50 34% upside
• High target: $15 39% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

B. Riley Securities Jeff Van Sinderen 48% 1-year accuracy 10 / 21 met price target	29% upside $14	Buy Upgraded	11 Nov 2024
Rosenblatt Steve Frankel 72% 1-year accuracy 21 / 29 met price target	39% upside $15	Buy Upgraded	8 Nov 2024