UNIVERSAL DISPLAY CORP \PA\
OLED · Electronic Components & Accessories · 46.8M shares · +0%/yr ↑ shares · EDGAR filings ↗
Reference price $92.84 · est. market cap ~$4.3B — last insider purchase, 2026-05-11 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B78OLED materials/IP licensor with elite margins and a debt-free, cash-rich balance sheet, but flat revenue.
Strengths
- Elite margins — operating margin 38.2% (97th), net margin 37.2% (95th), gross margin 76.3%
- Debt-free, cash-rich — current ratio 10.06 (92nd), FCF margin 23.7%
- High-IP moat (OLED emitter materials) — per 10-K
Risks
- Flat revenue — +0.5% (29th)
- Display-cycle and customer-concentration exposure — per 10-K
- Patent-protection dependence per risk factors — per 10-K
Notable findings
- High convictionHigh conviction — notable institutional holders, insider buying, and a strong balance sheet
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC
- Strong balance sheetStrong balance sheet — $979M cash & investments
- Insider buyingInsider buying — 7 open-market buy(s) by 3 insider(s) (cluster of 3 insiders, ~$1M, last 6mo) Form 4 ↗
- New fund positionNotable fund(s) opened this quarter: RENAISSANCE TECHNOLOGIES LLC
- Revenue declineRevenue -17.8% YoY
- Notable holderHeld by 5 notable fund(s): STATE STREET CORP, GOLDMAN SACHS GROUP INC, CITADEL ADVISORS LLC +2 more (as of 2026-03-31)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
76.3%
Operating margin
38.2%
Net margin
37.2%
Return on equity
13.7%
Return on assets
12.3%
Revenue growth (QoQ)
-17.8%
Net-income growth
9.0%
Current ratio
10.1×
Free cash flow
$154M
Tangible book value
$1.7B
Cash & investments
$979M
Stock comp / revenue
4.3%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-11 | ELIAS RICHARD C | Buy | 1.0K | $92.84 |
| 2026-05-11 | ELIAS RICHARD C | Gift | 456 | — |
| 2026-05-11 | ELIAS RICHARD C | Gift | 456 | — |
| 2026-05-07 | Premutico Mauro | Buy | 800 | $94.40 |
| 2026-05-07 | ABRAMSON STEVEN V | Buy | 3.6K | $92.46 |
| 2026-05-07 | ABRAMSON STEVEN V | Buy | 4.5K | $93.62 |
| 2026-05-07 | ABRAMSON STEVEN V | Buy | 2.8K | $94.40 |
| 2026-05-07 | Premutico Mauro | Buy | 1.4K | $92.51 |
| 2026-05-07 | Premutico Mauro | Buy | 1.4K | $93.75 |
| 2026-03-31 | GEMMILL ELIZABETH H | Grant | 456 | — |
| 2026-03-31 | Joseph Celia M | Grant | 456 | — |
| 2026-03-31 | HARTLEY C KEITH | Grant | 456 | — |
| 2026-03-31 | Lau Joan | Grant | 456 | — |
| 2026-03-31 | Brown Nigel | Grant | 456 | — |
| 2026-03-31 | ROSENBLATT SIDNEY D | Grant | 456 | — |
| 2026-03-31 | ELIAS RICHARD C | Grant | 456 | — |
| 2026-03-31 | Comparin Cynthia Jane | Grant | 456 | — |
| 2026-03-31 | Walker April | Grant | 456 | — |
| 2026-03-31 | LACERTE LAWRENCE | Grant | 456 | — |
| 2026-03-07 | ABRAMSON STEVEN V | Grant | 6.4K | — |
| 2026-03-07 | ABRAMSON STEVEN V | Tax withheld | 2.7K | $97.03 |
| 2026-03-07 | ABRAMSON STEVEN V | Tax withheld | 2.0K | $97.03 |
| 2026-03-07 | BROWN JULIA J | Grant | 4.2K | — |
| 2026-03-07 | BROWN JULIA J | Tax withheld | 1.5K | $97.03 |
| 2026-03-07 | BROWN JULIA J | Grant | 14K | — |
| 2026-03-07 | BROWN JULIA J | Tax withheld | 5.9K | $97.03 |
| 2026-03-07 | BROWN JULIA J | Grant | 4.5K | — |
| 2026-03-07 | BROWN JULIA J | Tax withheld | 1.9K | $97.03 |
| 2026-03-07 | BROWN JULIA J | Tax withheld | 1.4K | $97.03 |
| 2026-03-07 | Millard Brian | Grant | 1.5K | — |
| 2026-03-07 | Millard Brian | Tax withheld | 635 | $97.03 |
| 2026-03-07 | Millard Brian | Grant | 4.9K | — |
| 2026-03-07 | Millard Brian | Tax withheld | 2.1K | $97.03 |
| 2026-03-07 | Millard Brian | Grant | 1.6K | — |
| 2026-03-07 | Millard Brian | Tax withheld | 509 | $97.03 |
| 2026-03-07 | Millard Brian | Tax withheld | 677 | $97.03 |
| 2026-03-07 | Premutico Mauro | Grant | 3.2K | — |
| 2026-03-07 | Premutico Mauro | Tax withheld | 1.8K | $97.03 |
| 2026-03-07 | Premutico Mauro | Grant | 11K | — |
| 2026-03-07 | Premutico Mauro | Tax withheld | 5.9K | $97.03 |
| 2026-03-07 | Premutico Mauro | Grant | 3.4K | — |
| 2026-03-07 | Premutico Mauro | Tax withheld | 1.9K | $97.03 |
| 2026-03-07 | Premutico Mauro | Tax withheld | 1.4K | $97.03 |
| 2026-03-07 | Mahon Janice K | Grant | 2.6K | — |
| 2026-03-07 | Mahon Janice K | Tax withheld | 941 | $97.03 |
| 2026-03-07 | Mahon Janice K | Grant | 8.6K | — |
| 2026-03-07 | Mahon Janice K | Tax withheld | 4.1K | $97.03 |
| 2026-03-07 | Mahon Janice K | Grant | 2.8K | — |
| 2026-03-07 | Mahon Janice K | Tax withheld | 1.4K | $97.03 |
| 2026-03-07 | Mahon Janice K | Tax withheld | 1.1K | $97.03 |
| 2026-03-07 | ABRAMSON STEVEN V | Grant | 6.0K | — |
| 2026-03-07 | ABRAMSON STEVEN V | Tax withheld | 2.5K | $97.03 |
| 2026-03-07 | ABRAMSON STEVEN V | Grant | 20K | — |
| 2026-03-07 | ABRAMSON STEVEN V | Tax withheld | 8.4K | $97.03 |
| 2026-03-04 | Millard Brian | Tax withheld | 544 | $101.52 |
| 2026-03-04 | Mahon Janice K | Tax withheld | 605 | $101.52 |
| 2026-03-04 | BROWN JULIA J | Tax withheld | 741 | $101.52 |
| 2026-03-04 | ABRAMSON STEVEN V | Tax withheld | 1.6K | $101.52 |
| 2026-03-04 | Premutico Mauro | Tax withheld | 1.2K | $101.52 |
| 2026-02-18 | ABRAMSON STEVEN V | Tax withheld | 2.0K | $119.92 |
| 2026-02-18 | Mahon Janice K | Tax withheld | 770 | $119.92 |
| 2026-02-18 | Premutico Mauro | Tax withheld | 1.4K | $119.92 |
| 2026-02-18 | BROWN JULIA J | Tax withheld | 914 | $119.92 |
| 2026-02-18 | Millard Brian | Tax withheld | 700 | $119.92 |
| 2026-02-17 | ABRAMSON STEVEN V | Grant | 17K | — |
| 2026-02-17 | Millard Brian | Grant | 6.2K | — |
| 2026-02-17 | Premutico Mauro | Grant | 9.1K | — |
| 2026-02-17 | Mahon Janice K | Grant | 7.3K | — |
| 2026-02-17 | BROWN JULIA J | Grant | 12K | — |
| 2026-01-30 | ELIAS RICHARD C | Gift | 341 | — |
| 2026-01-30 | ELIAS RICHARD C | Gift | 341 | — |
| 2025-12-31 | ELIAS RICHARD C | Grant | 341 | — |
| 2025-12-31 | ROSENBLATT SIDNEY D | Grant | 341 | — |
| 2025-12-31 | LACERTE LAWRENCE | Grant | 341 | — |
| 2025-12-31 | Walker April | Grant | 341 | — |
| 2025-12-31 | Joseph Celia M | Grant | 341 | — |
| 2025-12-31 | Brown Nigel | Grant | 341 | — |
| 2025-12-31 | Comparin Cynthia Jane | Grant | 341 | — |
| 2025-12-31 | HARTLEY C KEITH | Grant | 341 | — |
| 2025-12-31 | GEMMILL ELIZABETH H | Grant | 341 | — |
| 2025-12-31 | Lau Joan | Grant | 341 | — |
| 2025-12-22 | ROSENBLATT SIDNEY D | Gift | 3.4K | — |
| 2025-11-19 | ELIAS RICHARD C | Gift | 341 | — |
| 2025-11-19 | ELIAS RICHARD C | Gift | 341 | — |
| 2025-09-30 | ELIAS RICHARD C | Grant | 341 | — |
| 2025-09-30 | LACERTE LAWRENCE | Grant | 341 | — |
| 2025-09-30 | Lau Joan | Grant | 341 | — |
| 2025-09-30 | Brown Nigel | Grant | 341 | — |
| 2025-09-30 | ROSENBLATT SIDNEY D | Grant | 341 | — |
| 2025-09-30 | Walker April | Grant | 341 | — |
| 2025-09-30 | HARTLEY C KEITH | Grant | 341 | — |
| 2025-09-30 | GEMMILL ELIZABETH H | Grant | 341 | — |
| 2025-09-30 | Comparin Cynthia Jane | Grant | 341 | — |
| 2025-09-30 | Joseph Celia M | Grant | 341 | — |
| 2025-08-25 | Premutico Mauro | Gift | 2.9K | — |
| 2025-08-19 | Millard Brian | Sell | 359 | $142.57 |
| 2025-08-19 | Millard Brian | Sell | 80 | $143.08 |
| 2025-08-19 | Millard Brian | Sell | 1.8K | $140.13 |
| 2025-08-19 | Millard Brian | Sell | 461 | $141.27 |
| 2025-08-08 | LACERTE LAWRENCE | Gift | 2.5K | — |
| 2025-08-01 | ELIAS RICHARD C | Gift | 342 | — |
| 2025-08-01 | ELIAS RICHARD C | Gift | 342 | — |
| 2025-06-30 | GEMMILL ELIZABETH H | Grant | 342 | — |
| 2025-06-30 | Comparin Cynthia Jane | Grant | 342 | — |
| 2025-06-30 | ROSENBLATT SIDNEY D | Grant | 342 | — |
| 2025-06-30 | Walker April | Grant | 342 | — |
| 2025-06-30 | Lau Joan | Grant | 342 | — |
| 2025-06-30 | LACERTE LAWRENCE | Grant | 342 | — |
| 2025-06-30 | Joseph Celia M | Grant | 342 | — |
| 2025-06-30 | HARTLEY C KEITH | Grant | 342 | — |
| 2025-06-30 | Brown Nigel | Grant | 342 | — |
| 2025-06-30 | ELIAS RICHARD C | Grant | 342 | — |
| 2025-04-28 | ELIAS RICHARD C | Gift | 342 | — |
| 2025-04-28 | ELIAS RICHARD C | Gift | 342 | — |
| 2025-04-14 | ROSENBLATT SIDNEY D | Gift | 690 | — |
| 2025-04-14 | ROSENBLATT SIDNEY D | Gift | 690 | — |
| 2025-04-14 | ABRAMSON STEVEN V | Gift | 4.6K | — |
| 2025-04-14 | ABRAMSON STEVEN V | Gift | 4.6K | — |
| 2025-04-14 | ABRAMSON STEVEN V | Gift | 442 | — |
| 2025-03-31 | Walker April | Grant | 342 | — |
| 2025-03-31 | ROSENBLATT SIDNEY D | Grant | 342 | — |
| 2025-03-31 | Lau Joan | Grant | 342 | — |
| 2025-03-31 | LACERTE LAWRENCE | Grant | 342 | — |
| 2025-03-31 | Joseph Celia M | Grant | 342 | — |
| 2025-03-31 | GEMMILL ELIZABETH H | Grant | 342 | — |
| 2025-03-31 | HARTLEY C KEITH | Grant | 342 | — |
| 2025-03-31 | ELIAS RICHARD C | Grant | 342 | — |
| 2025-03-31 | Comparin Cynthia Jane | Grant | 342 | — |
| 2025-03-31 | Brown Nigel | Grant | 342 | — |
| 2025-03-07 | Premutico Mauro | Tax withheld | 1.4K | $159.74 |
| 2025-03-07 | ABRAMSON STEVEN V | Tax withheld | 2.0K | $159.74 |
| 2025-03-07 | Millard Brian | Tax withheld | 509 | $159.74 |
| 2025-03-07 | BROWN JULIA J | Tax withheld | 1.4K | $159.74 |
| 2025-03-07 | Mahon Janice K | Tax withheld | 1.1K | $159.74 |
| 2025-03-04 | Premutico Mauro | Tax withheld | 1.2K | $148.85 |
| 2025-03-04 | Mahon Janice K | Tax withheld | 857 | $148.85 |
| 2025-03-04 | Millard Brian | Tax withheld | 577 | $148.85 |
| 2025-03-04 | BROWN JULIA J | Tax withheld | 1.1K | $148.85 |
| 2025-03-04 | ABRAMSON STEVEN V | Tax withheld | 1.6K | $148.85 |
| 2025-02-25 | ELIAS RICHARD C | Gift | 314 | — |
| 2025-02-25 | ELIAS RICHARD C | Gift | 314 | — |
| 2025-02-18 | ABRAMSON STEVEN V | Tax withheld | 3.1K | $145.02 |
| 2025-02-18 | ABRAMSON STEVEN V | Grant | 19K | — |
| 2025-02-18 | ABRAMSON STEVEN V | Tax withheld | 7.9K | $145.02 |
| 2025-02-18 | ABRAMSON STEVEN V | Grant | 14K | — |
| 2025-02-18 | BROWN JULIA J | Tax withheld | 5.0K | $145.02 |
| 2025-02-18 | ABRAMSON STEVEN V | Grant | 7.3K | — |
| 2025-02-18 | Premutico Mauro | Tax withheld | 2.2K | $145.02 |
| 2025-02-18 | Premutico Mauro | Grant | 10K | — |
| 2025-02-18 | Premutico Mauro | Tax withheld | 5.5K | $145.02 |
| 2025-02-18 | Premutico Mauro | Grant | 7.4K | — |
| 2025-02-18 | BROWN JULIA J | Grant | 5.2K | — |
| 2025-02-18 | BROWN JULIA J | Tax withheld | 2.2K | $145.02 |
| 2025-02-18 | BROWN JULIA J | Grant | 13K | — |
| 2025-02-18 | BROWN JULIA J | Grant | 9.7K | — |
| 2025-02-18 | Millard Brian | Grant | 4.6K | — |
| 2025-02-18 | Mahon Janice K | Grant | 3.2K | — |
| 2025-02-18 | Mahon Janice K | Tax withheld | 1.6K | $145.02 |
| 2025-02-18 | Mahon Janice K | Grant | 8.1K | — |
| 2025-02-18 | Mahon Janice K | Tax withheld | 3.4K | $145.02 |
| 2025-02-18 | Mahon Janice K | Grant | 6.0K | — |
| 2025-02-18 | Premutico Mauro | Grant | 4.0K | — |
| 2025-02-16 | Premutico Mauro | Tax withheld | 1.4K | $142.50 |
| 2025-02-16 | BROWN JULIA J | Tax withheld | 889 | $142.50 |
| 2025-02-16 | ABRAMSON STEVEN V | Tax withheld | 1.9K | $142.50 |
| 2025-02-16 | Mahon Janice K | Tax withheld | 744 | $142.50 |
| 2024-12-31 | Brown Nigel | Grant | 314 | — |
| 2024-12-31 | ROSENBLATT SIDNEY D | Grant | 314 | — |
| 2024-12-31 | HARTLEY C KEITH | Grant | 314 | — |
| 2024-12-31 | ELIAS RICHARD C | Grant | 314 | — |
| 2024-12-31 | Lau Joan | Grant | 314 | — |
| 2024-12-31 | LACERTE LAWRENCE | Grant | 314 | — |
| 2024-12-31 | Comparin Cynthia Jane | Grant | 314 | — |
| 2024-12-31 | GEMMILL ELIZABETH H | Grant | 314 | — |
| 2024-12-31 | Joseph Celia M | Grant | 314 | — |
| 2024-12-30 | ROSENBLATT SIDNEY D | Gift | 3.4K | — |
All non-derivative Form 4 activity (SEC), newest first.
Supply chain
Customers (6)
- SDC (Samsung Display)
- BOE
- CSOT
- LG Display
- Tianma
- Visionox
Suppliers (0)
Named in the 10-K; linked when we track them.
Notable events (8-K)
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-22 | 2026-06-18 | 0001193125-26-277487 ↗ |
| 8-K | 2026-04-30 | 2026-04-30 | 0001193125-26-197240 ↗ |
| 10-Q | 2026-04-30 | 2026-03-31 | 0001193125-26-197277 ↗ |
| 10-K | 2026-02-19 | 2025-12-31 | 0001193125-26-059371 ↗ |
| 8-K | 2026-02-19 | 2026-02-19 | 0001193125-26-059359 ↗ |
| 8-K | 2025-11-06 | 2025-11-06 | 0001193125-25-269519 ↗ |
| 10-Q | 2025-11-06 | 2025-09-30 | 0001193125-25-269542 ↗ |
| 10-Q | 2025-07-31 | 2025-06-30 | 0000950170-25-100901 ↗ |
| 8-K | 2025-07-31 | 2025-07-31 | 0000950170-25-100893 ↗ |
| 8-K | 2025-06-23 | 2025-06-18 | 0000950170-25-088974 ↗ |
| 10-Q | 2025-05-01 | 2025-03-31 | 0000950170-25-061835 ↗ |
| 8-K | 2025-05-01 | 2025-05-01 | 0000950170-25-061829 ↗ |