Aquatic Capital Management LLC Acquires 6,086 Shares of Ubiquiti Inc. $UI

Aquatic Capital Management LLC lifted its holdings in shares of Ubiquiti Inc. (NYSE:UI) by 304.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,086 shares of the company’s stock after purchasing an additional 6,086 shares during the period. Aquatic Capital Management LLC’s holdings in Ubiquiti were worth $5,341,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the business. Goldman Sachs Group Inc. lifted its holdings in Ubiquiti by 33.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 33,836 shares of the company’s stock worth $10,494,000 after buying an additional 8,551 shares during the period. Woodline Partners LP raised its position in shares of Ubiquiti by 22.1% during the first quarter. Woodline Partners LP now owns 1,214 shares of the company’s stock worth $377,000 after acquiring an additional 220 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of Ubiquiti by 12.9% in the first quarter. Jane Street Group LLC now owns 13,768 shares of the company’s stock worth $4,270,000 after acquiring an additional 1,570 shares during the period. SBI Securities Co. Ltd. boosted its holdings in Ubiquiti by 200.0% in the second quarter. SBI Securities Co. Ltd. now owns 165 shares of the company’s stock valued at $68,000 after acquiring an additional 110 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in Ubiquiti by 4.6% in the second quarter. Geode Capital Management LLC now owns 70,152 shares of the company’s stock valued at $28,886,000 after acquiring an additional 3,094 shares during the last quarter. Institutional investors own 4.00% of the company’s stock.

Analyst Upgrades and Downgrades

UI has been the subject of several analyst reports. Zacks Research upgraded shares of Ubiquiti from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 3rd. Barclays increased their price objective on shares of Ubiquiti from $455.00 to $527.00 and gave the stock an “underweight” rating in a research report on Friday, February 6th. Wall Street Zen raised shares of Ubiquiti from a “hold” rating to a “buy” rating in a research note on Sunday, March 1st. Weiss Ratings restated a “hold (c+)” rating on shares of Ubiquiti in a report on Monday, December 29th. Finally, BWS Financial reaffirmed a “buy” rating and set a $720.00 price target on shares of Ubiquiti in a research report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $615.67.

Ubiquiti Stock Performance

Ubiquiti stock opened at $775.23 on Tuesday. The stock has a market capitalization of $46.92 billion, a price-to-earnings ratio of 52.81 and a beta of 1.32. Ubiquiti Inc. has a 52-week low of $255.00 and a 52-week high of $803.59. The stock’s 50 day moving average price is $657.03 and its two-hundred day moving average price is $634.39.

Ubiquiti (NYSE:UI) last released its quarterly earnings data on Friday, February 6th. The company reported $3.88 earnings per share for the quarter, beating the consensus estimate of $3.08 by $0.80. The company had revenue of $814.87 million during the quarter, compared to analyst estimates of $716.95 million. Ubiquiti had a net margin of 29.90% and a return on equity of 113.21%. Ubiquiti’s revenue for the quarter was up 35.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.28 EPS. On average, equities research analysts forecast that Ubiquiti Inc. will post 7.21 EPS for the current year.

Ubiquiti Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, February 23rd. Stockholders of record on Tuesday, February 17th were issued a dividend of $0.80 per share. The ex-dividend date was Tuesday, February 17th. This represents a $3.20 annualized dividend and a dividend yield of 0.4%. Ubiquiti’s dividend payout ratio is currently 21.80%.

Ubiquiti Company 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.