Universal Electronics (UEIC)

Company Profile

Founded in 1986, Universal Electronics Inc. is the global leader in universal control and sensing technologies for the smart home. The company designs, develops, manufactures and ships over 500 innovative products that are used by the world's leading brands in the consumer electronics, subscription broadcast, security, home automation, hospitality and climate control markets.

Company profile

Ticker

UEIC

Exchange

NASDAQ

Website

www.uei.com

CEO

Paul Arling

Incorporated

Delaware

Location

Arizona

Fiscal year end

Dec 31

Sector

Manufacturing > Audio and Video Equipment Manufacturing

Industry (SIC)

Household Audio & Video Equipment

Knowles • VIZIO Holding • Sonos • Arlo • Emerson Radio • Koss • Genasys • Kemiao Garment Holding • Springs Rejuvenation • Integrated Media Technology Limited ...

SEC CIK

0000101984

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

C.G. Development Ltd. • CG Mexico Distribution Co. • CG Mexico • Ecolink Intelligent Technology, Inc. • Enson Assets Ltd. • Gemstar Polyfirst Ltd. • Gemstar Technology (Qinzhou) Co. Ltd. • Gemstar Technology (Yangzhou) Co. Ltd. • Guangzhou Universal Electronics Service Co., Ltd. • One For All France S.A.S. ...

IRS number

330204817

UEIC stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$19.33

Low target

$16.00

High target

$22.00

Latest filings (excl ownership)

View all

8 Mar 23

Universal Electronics Reports Fourth Quarter and Year-end 2022 Financial Results

4 Nov 22

Universal Electronics Reports Financial Results for the Third Quarter 2022

4 Aug 22

Universal Electronics Reports Financial Results for the Second Quarter 2022

4 Aug 22

8-K

Departure of Directors or Certain Officers

1 Aug 22

8-K

Departure of Directors or Certain Officers

6 Jul 22

8-K

Submission of Matters to a Vote of Security Holders

9 Jun 22

Conflict minerals disclosure

13 May 22

Transcripts

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UEIC

Earnings call transcript

2022 Q4

16 Feb 23

UEIC

Earnings call transcript

2022 Q3

3 Nov 22

UEIC

Earnings call transcript

2022 Q2

6 Aug 22

UEIC

Earnings call transcript

2022 Q1

8 May 22

UEIC

Earnings call transcript

2021 Q4

18 Feb 22

UEIC

Earnings call transcript

2021 Q3

7 Nov 21

UEIC

Earnings call transcript

2021 Q2

8 Aug 21

UEIC

Earnings call transcript

2021 Q1

8 May 21

UEIC

Earnings call transcript

2020 Q4

19 Feb 21

UEIC

Earnings call transcript

2020 Q3

8 Nov 20

Latest ownership filings

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David Cheung Hyen Chong

David Cheung Hyen Chong

28 Feb 23

Richard K Carnifax

28 Feb 23

David Cheung Hyen Chong

Financial summary

Financial statements Chart UEIC financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	66.74 mm	66.74 mm	66.74 mm	66.74 mm	66.74 mm	66.74 mm
Cash burn (monthly)	(no burn)	(no burn)	1.17 mm	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	n/a	3.53 mm	n/a	n/a	n/a
Cash remaining	n/a	n/a	63.21 mm	n/a	n/a	n/a
Runway (months of cash)	n/a	n/a	54.1	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q4 2022

UEIC institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	231	211	+9.5%
Opened positions	44	18	+144.4%
Closed positions	24	26	-7.7%
Increased positions	88	86	+2.3%
Reduced positions	69	78	-11.5%

13F shares	Current	Prev Q	Change
Total value	946.57 bn	1.24 bn	+76264.0%
Total shares	77.56 mm	78.44 mm	-1.1%
Total puts	71.70 k	149.20 k	-51.9%
Total calls	65.30 k	153.70 k	-57.5%
Total put/call ratio	1.1	1.0	+13.1%

Largest owners	Shares	Value	Change
BLK Blackrock	6.62 mm	$94.93 bn	+8.4%
Thrivent Financial For Lutherans	5.72 mm	$82.13 mm	+4.6%
Vanguard	5.63 mm	$80.81 bn	-0.9%
FMR	4.02 mm	$57.64 bn	+1.5%
Capital Research Global Investors	3.38 mm	$48.44 bn	-38.8%
Eagle Asset Management	3.15 mm	$44.84 bn	-28.9%
Nuveen Asset Management	2.19 mm	$31.77 bn	+21.1%
Canton Holdings, L.L.C.	2.09 mm	$0.00	0.0%
Emerald Advisers	2.03 mm	$29.06 bn	-1.1%
Vaughan Nelson Investment Management	1.88 mm	$26.95 mm	+2.2%

Largest transactions	Shares	Bought/sold	Change
Capital Research Global Investors	3.38 mm	-2.14 mm	-38.8%
STT State Street	1.75 mm	+1.75 mm	NEW
Driehaus Capital Management	327.93 k	-1.49 mm	-82.0%
Eagle Asset Management	3.15 mm	-1.28 mm	-28.9%
Millennium Management	1.51 mm	-1.12 mm	-42.7%
Agf Investments	0.00	-520.00 k	EXIT
BLK Blackrock	6.62 mm	+509.97 k	+8.4%
Agf Management	508.00 k	+508.00 k	NEW
Mesirow Institutional Investment Management	0.00	-407.24 k	EXIT
Nuveen Asset Management	2.19 mm	+382.08 k	+21.1%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

UEIC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
16 Mar 23	Chong David Cheung Hyen	Common Stock	Option exercise	Acquire M	No	No	0	2,094	0.00	24,634
16 Mar 23	Chong David Cheung Hyen	RSU Common Stock	Option exercise	Dispose M	No	No	0	2,094	0.00	5,274
15 Mar 23	Hackworth Bryan M	Common Stock	Buy	Acquire P	No	No	9.6509	5,000	48.25 k	61,073
9 Mar 23	Koopmans Menno	Common Stock	Payment of exercise	Dispose F	No	No	10.14	424	4.30 k	11,359
9 Mar 23	Koopmans Menno	Common Stock	Option exercise	Acquire M	No	No	0	901	0.00	11,783
9 Mar 23	Koopmans Menno	RSU Common Stock	Option exercise	Dispose M	No	No	0	901	0.00	11,807
25 Feb 23	Richard K Carnifax	Common Stock	Payment of exercise	Dispose F	No	No	13.745	394	5.42 k	3,192
25 Feb 23	Richard K Carnifax	Common Stock	Option exercise	Acquire M	No	No	0	836	0.00	3,586
25 Feb 23	Richard K Carnifax	RSU Common Stock	Option exercise	Dispose M	No	No	0	836	0.00	13,604
25 Feb 23	Chong David Cheung Hyen	Common Stock	Option exercise	Acquire M	No	No	0	976	0.00	22,540