Universal Electronics (NASDAQ:UEIC) Major Shareholder Toro 18 Holdings Llc Sells 200,000 Shares
Toro 18 Holdings Llc, a major shareholder in Universal Electronics (NASDAQ:UEIC), sold 200,000 shares of the company's stock for $1.044 million, reducing its stake by nearly 13%. This sale occurred after Universal Electronics reported better-than-expected quarterly EPS but missed revenue forecasts, and the company …