Universal Display Corporation $OLED Stock Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. cut its stake in Universal Display Corporation (NASDAQ:OLED) by 21.0% in the third quarter, HoldingsChannel reports. The institutional investor owned 41,507 shares of the semiconductor company’s stock after selling 11,034 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Universal Display were worth $3,198,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Pension & Wealth Management Advisors Inc. acquired a new stake in Universal Display in the 3rd quarter valued at $28,000. NFSG Corp bought a new stake in Universal Display in the third quarter valued at $31,000. Elevation Wealth Partners LLC bought a new stake in Universal Display in the third quarter valued at $51,000. Versant Capital Management Inc grew its position in Universal Display by 347.8% in the third quarter. Versant Capital Management Inc now owns 703 shares of the semiconductor company’s stock valued at $54,000 after acquiring an additional 546 shares during the period. Finally, Signaturefd LLC raised its stake in Universal Display by 110.3% during the third quarter. Signaturefd LLC now owns 936 shares of the semiconductor company’s stock worth $72,000 after acquiring an additional 491 shares in the last quarter. Institutional investors own 78.19% of the company’s stock.

Trending Headlines about Universal Display

Here are the key news stories impacting Universal Display this week:

• Positive Sentiment: Universal Display reported third-quarter adjusted earnings of $1.23 per share, exceeding consensus estimates of approximately $1.13–$1.14 and rising from $0.92 a year earlier. Revenue increased 14.9% year over year to $160.4 million. Universal Display Q3 earnings article
• Positive Sentiment: Management said demand for foldable phones continues to grow, supporting the long-term outlook for OLED materials and technology. The company is also launching OLEDX and NovaJet, which could provide future growth opportunities. Foldable phone demand article
• Positive Sentiment: The board declared a quarterly dividend of $0.50 per share, equivalent to $2.00 annually and a yield of roughly 2.4%. The payment is scheduled for December 31, 2026, for shareholders of record on December 17. Universal Display dividend announcement
• Neutral Sentiment: Oppenheimer reduced its price target from $120 to $115 but maintained an “outperform” rating, implying substantial potential upside from recent trading levels. Oppenheimer rating information
• Negative Sentiment: Third-quarter revenue of $160.4 million fell short of the approximately $162.7 million consensus estimate, offsetting the earnings beat and likely reinforcing concerns about near-term demand.
• Negative Sentiment: Universal Display maintained 2026 revenue guidance of $630 million–$670 million, but management expects results toward the low end of the range. The midpoint is above consensus, yet the low-end expectation signals limited near-term momentum as new products launch. Universal Display 2026 guidance article

Universal Display Price Performance

NASDAQ OLED opened at $83.92 on Friday. The firm has a market cap of $3.78 billion, a PE ratio of 17.02 and a beta of 1.53. Universal Display Corporation has a one year low of $70.77 and a one year high of $150.04. The stock’s 50 day simple moving average is $80.75 and its 200 day simple moving average is $92.20.

Universal Display (NASDAQ:OLED) last released its quarterly earnings results on Wednesday, October 28th. The semiconductor company reported $1.23 earnings per share for the quarter, beating analysts’ consensus estimates of $1.13 by $0.10. Universal Display had a return on equity of 12.20% and a net margin of 36.74%. The firm had revenue of $160.43 million during the quarter, compared to analysts’ expectations of $162.72 million. During the same period last year, the firm posted $0.92 EPS. The business’s revenue was up 14.9% on a year-over-year basis. As a group, equities analysts expect that Universal Display Corporation will post 4.09 earnings per share for the current year.

Universal Display Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Thursday, December 17th will be issued a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Thursday, December 17th. Universal Display’s dividend payout ratio is presently 40.57%.

Analysts Set New Price Targets

A number of research analysts have issued reports on OLED shares. Needham & Company LLC cut their price objective on Universal Display from $120.00 to $100.00 and set a “buy” rating for the company in a report on Friday, July 31st. BTIG Research downgraded shares of Universal Display to a “neutral” rating in a research note on Friday, July 31st. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Universal Display in a report on Monday. Citigroup lowered shares of Universal Display from a “neutral” rating to a “sell” rating and lowered their target price for the stock from $85.00 to $71.00 in a report on Thursday, October 8th. Finally, Zacks Research upgraded shares of Universal Display from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 13th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Universal Display presently has an average rating of “Hold” and a consensus target price of $114.00.

Universal Display Profile

Universal Display Corporation (NASDAQ: OLED) develops and commercializes technologies and materials used in organic light-emitting diode (OLED) displays and lighting. The company’s portfolio includes phosphorescent OLED (PHOLED) materials, which are designed to improve display efficiency, along with OLED research, development and manufacturing technologies.

Universal Display supplies OLED emitter materials and related products to display manufacturers and licenses its intellectual property and technology.