Universal Display Corporation (NASDAQ:OLED) Sees Unusual Trading Volume in Its Shares

Universal Display Corporation (NASDAQ:OLED)'s earnings per share has been growing at a 71.4 percent rate over the past 5 year when average revenue increase was noted as 26.5 percent. The institutional investor owned 5,776 shares of the semiconductor company's stock after purchasing an additional 15 shares during the period. IFP Advisors Inc lifted its holdings in shares of Universal Display Corporation by 307.5% during the second quarter.

Many investment firms and many large funds have quite recently modified to their stake in OLED. BNP Paribas Arbitrage SA increased its holdings in shares of Universal Display Corporation by 79.4% during the 2nd quarter. Oppenheimer Asset Management Inc. bought a new stake in Universal Display Corporation in the first quarter valued at $792,000. BNP Paribas Arbitrage SA now owns 1,536 shares of the semiconductor company's stock valued at $168,000 after purchasing an additional 680 shares in the last quarter. If you are reading this news story on another domain, it was illegally stolen and republished in violation of US & global copyright legislation. The legal version of this piece can be viewed at

A number of other analysts also recently issued reports on the company. Goldman Sachs Group, Inc. Susquehanna Bancshares Inc reissued a "positive" rating and issued a $150.00 price target (up previously from $120.00) on shares of Universal Display Corporation in a report on Wednesday, August 9th. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. The "percentage off the 52-week high or low" refers to when a stock current price is relative to where it has traded over the last 52 weeks. Finally, Deutsche Bank AG began coverage on shares of Universal Display Corporation in a research report on Wednesday, August 30th. They issued a "buy" rating and a $135.00 target price for the company. (The) reaffirmed a "buy" rating and set a $150.00 target price (up from $140.00) on shares of Universal Display Corporation in a report on Wednesday, August 9th. Invictus RG purchased a new stake in shares of Universal Display Corporation during the first quarter valued at $152,000.

Currently, the stock carries a price to earnings ratio of 36.36, a price to book ratio of 2.03, and a price to sales ratio of 11.02. After this trade, the CEO has an ownership of 262,888 company stock worth at $32,737,442.64. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Julia J. Brown sold 10,000 shares of the business's stock in a transaction on Wednesday, July 19th. The disclosure for this sale can be found here. To dig out factors, always good to learn who else owns shares, the institutional owner includes mutual funds and pension funds are major players.

The average 1-year price target for Universal Display Corporation (OLED) - averaging the work of different analysts - reveals a mean PT of $141/share. The latest exchange of 0.72 Million shares is below its average trading activity of 1.19 Million shares. Universal Display Corporation has a 12-month low of $47.88 and a 12-month high of $130.65.

Universal Display Corporation, launched on April 24, 1985, is involved in the research, development and commercialization of organic light emitting diode (OLED), technologies and materials for use in display and solid-state lighting applications. Of course one bad quarter may not signal trouble, but a company that continually disappoints during earnings season may need to be further examined to help figure out what is going on. The firm had revenue of $102.50 million for the quarter, compared to the consensus estimate of $84.81 million. Universal Display Corporation (OLED) has a market cap of $5.97 billion and over the last 12 months, Universal Display Corporation (NASDAQ:OLED) has gone stronger by 125.84%. Next quarter's EPS is forecasted to be $0.80 with next year's EPS projected to be $2.85. In the last earnings report the EPS was $1.73 and is estimated to be $2.14 for the current year with 47,031,000 shares now outstanding. The dividend payment will be $0.030 per share for the quarter which comes to $0.12 on an annualized basis. The ex-dividend date is Thursday, September 14th. Universal Display Corporation's payout ratio is presently 6.94%.

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