Hussman Strategic Advisors Inc. Sells 12,600 Shares of Ubiquiti Inc. $UI

Hussman Strategic Advisors Inc. decreased its position in Ubiquiti Inc. (NYSE:UI) by 75.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,200 shares of the company’s stock after selling 12,600 shares during the quarter. Hussman Strategic Advisors Inc.’s holdings in Ubiquiti were worth $2,774,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of UI. Vanguard Personalized Indexing Management LLC grew its stake in shares of Ubiquiti by 13.6% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 1,496 shares of the company’s stock valued at $989,000 after purchasing an additional 179 shares during the period. Trek Financial LLC boosted its holdings in shares of Ubiquiti by 379.7% in the third quarter. Trek Financial LLC now owns 7,076 shares of the company’s stock worth $4,674,000 after buying an additional 5,601 shares during the last quarter. Anchor Capital Advisors LLC bought a new stake in Ubiquiti during the third quarter valued at approximately $235,000. Vest Financial LLC increased its holdings in Ubiquiti by 48.9% during the third quarter. Vest Financial LLC now owns 1,303 shares of the company’s stock valued at $861,000 after buying an additional 428 shares during the last quarter. Finally, Turtle Creek Wealth Advisors LLC bought a new position in Ubiquiti in the third quarter worth approximately $231,000. 4.00% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on UI. Barclays boosted their price objective on shares of Ubiquiti from $299.00 to $455.00 and gave the company an “underweight” rating in a research report on Tuesday, November 11th. Zacks Research upgraded Ubiquiti from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 3rd. BWS Financial reaffirmed a “buy” rating and set a $720.00 price objective on shares of Ubiquiti in a research report on Thursday, January 15th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Ubiquiti in a research note on Monday, December 29th. Finally, Wall Street Zen cut shares of Ubiquiti from a “buy” rating to a “hold” rating in a research note on Saturday, November 15th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $591.67.

Ubiquiti Trading Down 0.5%

Shares of UI opened at $546.36 on Wednesday. The business’s 50 day moving average is $562.04 and its 200 day moving average is $573.66. The company has a market capitalization of $33.05 billion, a PE ratio of 41.77 and a beta of 1.37. Ubiquiti Inc. has a 12-month low of $255.00 and a 12-month high of $803.59.

Ubiquiti (NYSE:UI) last posted its quarterly earnings results on Friday, November 7th. The company reported $3.46 earnings per share for the quarter, topping the consensus estimate of $2.48 by $0.98. The business had revenue of $733.77 million during the quarter, compared to the consensus estimate of $702.38 million. Ubiquiti had a return on equity of 132.71% and a net margin of 28.72%. Equities research analysts predict that Ubiquiti Inc. will post 7.21 earnings per share for the current year.

Ubiquiti Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, November 24th. Investors of record on Monday, November 17th were paid a dividend of $0.80 per share. This represents a $3.20 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Monday, November 17th. Ubiquiti’s dividend payout ratio (DPR) is presently 24.46%.

Insider Transactions at Ubiquiti

In other Ubiquiti news, CAO Kevin Radigan sold 350 shares of the business’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $576.58, for a total value of $201,803.00. Following the sale, the chief accounting officer owned 2,768 shares in the company, valued at $1,595,973.44. The trade was a 11.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 93.10% of the company’s stock.

Ubiquiti Profile

Ubiquiti Inc (NYSE: UI) is a U.S.-based technology company that designs and sells networking and wireless communication products for enterprise, service provider and consumer markets. Its product portfolio includes Wi‑Fi access points, routers and gateways, managed Ethernet switches, network management software, and IP surveillance systems. Ubiquiti’s offerings are organized under several well‑known lines—most notably UniFi for managed LAN/Wi‑Fi and networked video, AmpliFi for consumer Wi‑Fi, and product families targeting service‑provider and point‑to‑point wireless broadband applications.

The company emphasizes integrated hardware and software solutions, with centralized management and cloud‑enabled control as core features of its platform approach.