Selling for $ 1.2 million Universal Electronics Inc. (NASDAQ: UEIC) at an average selling price of $ 59.35 over the past year, it seemed insiders were making the most of their stocks. The company’s market valuation fell by $ 83 million after the stock price fell 16% last week, but insiders were spared painful losses.
While we don’t think shareholders should just keep an eye on insider trading, we would find it foolish to completely ignore insider trading.
See our latest analysis for Universal Electronics
Insider transactions of Universal Electronics for the last year
Over the past year, we see that the largest insider sale was made by independent director Satjiv Chahil for shares worth $ 247,000, about $ 61.63 per share. While insider sales are negative, for us it is more negative when stocks are sold at a lower price. The good news is that this big sale was much higher than the current price of $ 29.90. So it may not shed much light on insider confidence at the current level.
Insiders at Universal Electronics have not bought a single stock in the past year. The chart below shows insider transactions (companies and individuals) over the past year. By clicking on the chart below, you can see the exact details of each insider transaction!
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Insider ownership of Universal Electronics
Many investors like to check which part of the company is owned by insiders. Usually we like to see a fairly high level of insider ownership. It seems that Universal Electronics insiders own 4.7% of the company for about $ 18 million. While this is a strong but unrivaled level of insider ownership, this is enough to show some agreement between management and small shareholders.
What can insider transactions at Universal Electronics tell us?
The fact that there have been no Insider Electronics insider transactions lately certainly doesn’t bother us. Our analysis of Universal Electronics insider transactions leaves us cautious. But it is nice to see that the company’s shares are owned by insiders. So while it’s helpful to know what insiders are doing in terms of buying or selling, it’s also helpful to know the risks a particular company faces. You would be interested to know what we found 3 warning signs for Universal Electronics and we invite you to take a look.
Of course, you can find a fantastic investment by looking elsewhere. So take a look at this for free list of interesting companies.
Insiders in this article are those who report transactions to the appropriate supervisory authority. We currently consider open market operations and private dispositions, but not derivative transactions.
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This Simply Wall St article is general in nature. We provide comments based on historical data and analysts ’forecasts, using only unbiased methodology, and our articles are not intended as financial advice. This is not a recommendation to buy or sell any stocks, and does not take into account your goals or your financial situation. We aim to provide you with long-term focused analysis based on fundamental data. Please note that our analysis may not take into account the latest price-sensitive company ads or quality materials. Simply Wall St has no position in any of the listed stocks.