5,192 Shares in Ubiquiti Inc. $UI Purchased by Bellwether Advisors LLC

Bellwether Advisors LLC purchased a new stake in Ubiquiti Inc. (NYSE:UI) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 5,192 shares of the company’s stock, valued at approximately $3,430,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Arrowstreet Capital Limited Partnership grew its stake in shares of Ubiquiti by 24.0% in the second quarter. Arrowstreet Capital Limited Partnership now owns 111,216 shares of the company’s stock valued at $45,782,000 after buying an additional 21,547 shares in the last quarter. Pacer Advisors Inc. lifted its stake in Ubiquiti by 40.3% in the third quarter. Pacer Advisors Inc. now owns 105,858 shares of the company’s stock valued at $69,928,000 after acquiring an additional 30,420 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Ubiquiti by 10.8% in the 3rd quarter. Vanguard Group Inc. now owns 95,561 shares of the company’s stock valued at $63,126,000 after acquiring an additional 9,282 shares during the period. Long Walk Management LP increased its stake in shares of Ubiquiti by 22.0% during the 3rd quarter. Long Walk Management LP now owns 84,400 shares of the company’s stock worth $55,753,000 after purchasing an additional 15,215 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of Ubiquiti by 4.6% during the 2nd quarter. Geode Capital Management LLC now owns 70,152 shares of the company’s stock worth $28,886,000 after purchasing an additional 3,094 shares during the last quarter. Institutional investors own 4.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on UI shares. Barclays lifted their price target on Ubiquiti from $455.00 to $527.00 and gave the stock an “underweight” rating in a report on Friday, February 6th. Zacks Research upgraded Ubiquiti from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 3rd. 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. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Ubiquiti in a report on Monday, December 29th. Finally, Wall Street Zen upgraded shares of Ubiquiti from a “hold” rating to a “buy” rating in a report on Sunday. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Ubiquiti presently has an average rating of “Moderate Buy” and an average target price of $615.67.

Ubiquiti Trading Down 4.3%

Shares of NYSE UI opened at $763.91 on Wednesday. The firm has a market cap of $46.23 billion, a P/E ratio of 52.04 and a beta of 1.33. The business’s 50 day moving average is $620.68 and its 200-day moving average is $615.40. Ubiquiti Inc. has a 1-year low of $255.00 and a 1-year high of $803.59.

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

Ubiquiti Announces Dividend

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

About Ubiquiti

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.