Universal Electronics Inc (UEIC) Files Form 4 Insider Selling : Edward K Zinser Sells 10,588 Shares

Universal Electronics Inc (UEIC): Edward K Zinser , director of Universal Electronics Inc sold 10,588 shares on May 27, 2016. The Insider selling transaction was reported by the company on Jun 14, 2016 to the Securities and Exchange Commission. The shares were sold at $65.66 per share for a total value of $690,683.25 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Jun 8, 2016, Paul J Bennett (EVP) sold 13,100 shares at $66.50 per share price.On May 27, 2016, David Cheung Hyen Chong (Executive Vice President -Asia) sold 3,500 shares at $64.75 per share price.Also, On May 24, 2016, Richard A Jr Firehammer (Senior Vice President) sold 2,697 shares at $64.30 per share price.On Mar 15, 2016, William C Mulligan (director) sold 23,745 shares at $62.26 per share price.

Shares of Universal Electronics Inc (UEIC) ended Friday, Jun 10, 2016 session in red amid volatile trading. The shares closed down -0.94 points or -1.42% at $65.49 with 74,738 shares getting traded. Post opening the session at $65.63, the shares hit an intraday low of $65.1175 and an intraday high of $66.77 and the price vacillated in this range throughout the day. The company has a market cap of $945 M and the number of outstanding shares has been calculated to be 1,44,32,424 shares. The 52-week high of Universal Electronics Inc is $69.147 and the 52-week low is $40.2801.

Universal Electronics Inc Money Flow Index Chart

Universal Electronics Inc. (UEI) develops control technology solutions and manufactures a line of pre-programmed universal remote control products embedded hardware and software and audio-video (AV) accessories for home entertainment systems. The Company’s offerings include pre-programmed universal infrared (IR) and radio frequency (RF) remote controls; audio-video (AV) accessories; integrated circuits on which its software and universal device control database is embedded; software firmware and technology solutions that can enable devices such as TVs set-top boxes stereos smart phones tablets gaming controllers and other consumer electronic devices to wirelessly connect and interact with home networks and interactive services and intellectual property which the Company licenses to OEMs software development companies private label customers and subscription broadcasting providers.

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