Recent Insider Activity: Universal Electronics Inc. $UEIC

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Universal Electronics Inc. (UEIC) insider have most recently took part in a trading activity. On Aug 23, 2017 Mulligan William C, Director bought 5,000 shares having total worth of $279,550 at the price of $55.91 per share, following the transaction a total of 20,964 shares owned by Mulligan William C.

Furthermore, over the past 12 months , the stock was traded 14 times by insiders. In 14 of these trades, the insider was a seller .

Shares of Universal Electronics Inc. (UEIC) traded down 0.44% on Aug 23, 2017, hitting $56.25. 61,023 shares of the company’s stock traded hands. Universal Electronics Inc. has a 52 week low of $56.25 and a 52 week high of $78.99. The company’s market cap is $1,100 million.

Universal Electronics Inc. (UEIC) last announced its earnings results on Aug 3, 2017. The company reported 0.78 earnings per share (EPS) for the quarter, same as the consensus estimate of 0.78. The company had revenue of $178 million for the quarter, compared to the consensus estimate of $176 million. During the same quarter in the previous year, the company posted 0.77 earnings per share. The company’s revenue for the quarter was up 3% on a year-over-year basis.

2017-08-03 2017-05-04 2017-02-16 2016-11-03 2016-08-04 2016-05-05 2016-02-18 2015-11-05 2015-08-06 2015-02-19
earnings per share 0.78 0.65 0.70 0.94 0.77 0.50 0.91 0.78 0.67 0.70
Revenue(M) 177.91 162.34 160.05 170.35 172.18 151.52 162.11 160.47 147.55 138.39

Universal Electronics Inc. was incorporated under the laws of Delaware in 1986 and began operations in 1987. It develops and manufactures a line of pre-programmed universal wireless remote control products, audio-video accessories, and software that are marketed to enhance home entertainment systems. The company’s offerings include the following: easy-to-use, pre-programmed universal infrared (IR) and radio frequency (RF) remote controls that are sold mainly to subscription broadcasting providers (cable, satellite and IPTV), original equipment manufacturers (OEMs), retailers, and private label customers; audio-video (AV) accessories sold to consumers; integrated circuits, on which its software and universal IR remote control database is embedded, sold mainly to OEMs, subscription broadcasting providers, and private label customers; intellectual property which it license mainly to OEMs, software development companies, private label customers, and subscription broadcasting providers; and software, firmware and technology solutions that can enable devices such as TVs, set-top boxes, stereos, automotive audio systems, cell phones and other consumer electronic devices to wirelessly connect and interact with home networks and interactive services to deliver digital entertainment and information. Its main markets include the subscription broadcasting, OEM, retail, and private label companies that operate in the consumer electronics market. It provides subscription broadcasting providers, both domestically and internationally, with its universal remote control devices and integrated circuits, on which its software and IR code database library is embedded. It also sells its universal remote control devices and integrated circuits, on which its software and IR code database library is embedded, to OEMs that manufacture AV devices including digital set-top boxes. It holds a number of patents in the United States and abroad related to its products and technology, and has filed domestic and foreign applications for other patents that are pending. It provides domestic and international consumer support to its various universal remote control marketers, including manufacturers, cable and satellite providers, retail distributors, and audio and video original equipment manufacturers through its live and automated call centers. Its competitors include Contec, Philips Consumer Electronics, and Universal Remote Control. In the international retail and private label markets for wireless controls it compete with Logitech, Philips Consumer Electronics, Ruwido and Sony, as well as various manufacturers of wireless controls in Asia. Many of its products are subject to various federal, states, local and international laws governing chemical substances in products, including laws regulating the manufacture and distribution of chemical substances and restricting the presence of certain substances in electronics products.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.