Counterpoint Mutual Funds LLC Invests $490,000 in Ubiquiti Inc. $UI

Counterpoint Mutual Funds LLC acquired a new stake in Ubiquiti Inc. (NYSE:UI) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 742 shares of the company’s stock, valued at approximately $490,000.

Several other hedge funds have also recently bought and sold shares of the company. Exchange Traded Concepts LLC grew its position in Ubiquiti by 31.0% in the 3rd quarter. Exchange Traded Concepts LLC now owns 76 shares of the company’s stock valued at $50,000 after acquiring an additional 18 shares in the last quarter. SBI Securities Co. Ltd. lifted its position in shares of Ubiquiti by 200.0% during the second quarter. SBI Securities Co. Ltd. now owns 165 shares of the company’s stock worth $68,000 after purchasing an additional 110 shares in the last quarter. Westside Investment Management Inc. boosted its stake in shares of Ubiquiti by 100.0% in the third quarter. Westside Investment Management Inc. now owns 102 shares of the company’s stock valued at $69,000 after purchasing an additional 51 shares during the period. EverSource Wealth Advisors LLC grew its holdings in shares of Ubiquiti by 31.5% in the third quarter. EverSource Wealth Advisors LLC now owns 142 shares of the company’s stock valued at $94,000 after purchasing an additional 34 shares in the last quarter. Finally, Amalgamated Bank increased its stake in Ubiquiti by 42.4% during the 2nd quarter. Amalgamated Bank now owns 373 shares of the company’s stock worth $154,000 after buying an additional 111 shares during the period. Institutional investors and hedge funds own 4.00% of the company’s stock.

Ubiquiti Stock Performance

Shares of NYSE UI opened at $758.94 on Wednesday. The stock’s 50-day simple moving average is $599.85 and its 200-day simple moving average is $604.11. The firm has a market capitalization of $45.93 billion, a PE ratio of 51.70 and a beta of 1.40. Ubiquiti Inc. has a fifty-two week low of $255.00 and a fifty-two week high of $803.59.

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

Ubiquiti Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, February 23rd. Investors of record on Tuesday, February 17th were given a $0.80 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $3.20 dividend on an annualized basis and a yield of 0.4%. Ubiquiti’s payout ratio is 21.80%.

Analysts Set New Price Targets

Several equities analysts have commented on UI shares. BWS Financial restated a “buy” rating and issued a $720.00 price target on shares of Ubiquiti in a research note on Monday, February 9th. Zacks Research raised Ubiquiti from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 3rd. Weiss Ratings reissued a “hold (c+)” rating on shares of Ubiquiti in a research report on Monday, December 29th. Wall Street Zen cut shares of Ubiquiti from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Barclays lifted their price target on shares of Ubiquiti from $455.00 to $527.00 and gave the stock an “underweight” rating in a research note on Friday, February 6th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $615.67.

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.