SCHEDULE 13G/A: Investment Funds Disclose 5.7% Passive Stake in Universal Electronics Inc.
Beneficial Ownership Disclosure
Leviticus Partners LP and AMH Equity LLC, managed by Adam M Hutt, have disclosed a combined 5.7% passive ownership stake in Universal Electronics Inc. as of December 31, 2024.
Summary
- Leviticus Partners LP and AMH Equity LLC, along with Adam M Hutt, have filed an Amendment No. 2 to Schedule 13G regarding their beneficial ownership in Universal Electronics Inc.
- As of December 31, 2024, the reporting persons collectively beneficially own 746,942 shares of Universal Electronics Inc. Common Stock.
- This aggregate amount represents 5.7% of the class of securities.
- Leviticus Partners LP holds sole voting and dispositive power over 723,862 shares, while AMH Equity LLC holds sole voting and dispositive power over 23,080 shares.
- The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.
Sentiment
Score: 5
Explanation: Neutral. A Schedule 13G filing is a routine disclosure of passive beneficial ownership and does not inherently convey positive or negative sentiment regarding the issuer's performance or outlook.
Positives
- The filing indicates a significant, albeit passive, investment by Leviticus Partners LP and AMH Equity LLC in Universal Electronics Inc., which may signal institutional confidence in the company.
Industry Context
This filing is a routine disclosure of beneficial ownership and does not provide specific insights into broader industry trends or competitive dynamics for Universal Electronics Inc. beyond indicating institutional interest.
Stakeholder Impact
- Shareholders: Provides transparency regarding significant passive ownership stakes, potentially influencing market perception of institutional interest in the company.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of event which requires filing of this statement |
| 02/13/2025 | Date of filing of this statement |
Keywords
Universal Electronics Inc., UEIC, Schedule 13G, beneficial ownership, passive investment, institutional ownership, Leviticus Partners LP, AMH Equity LLC, Adam M Hutt, common stock, SEC filing
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