Ubiquiti Inc. $UI Shares Purchased by GSA Capital Partners LLP

GSA Capital Partners LLP grew its stake in shares of Ubiquiti Inc. (NYSE:UI) by 132.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,448 shares of the company’s stock after purchasing an additional 1,967 shares during the quarter. GSA Capital Partners LLP’s holdings in Ubiquiti were worth $2,278,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of UI. Exchange Traded Concepts LLC grew its position in shares of 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 buying an additional 18 shares during the last quarter. Cullen Frost Bankers Inc. boosted its stake in Ubiquiti by 1,075.0% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 94 shares of the company’s stock worth $39,000 after purchasing an additional 86 shares during the period. Westside Investment Management Inc. grew its holdings in shares of Ubiquiti by 100.0% during the third quarter. Westside Investment Management Inc. now owns 102 shares of the company’s stock worth $69,000 after buying an additional 51 shares during the last quarter. SBI Securities Co. Ltd. grew its stake in shares of Ubiquiti by 200.0% in the 2nd quarter. SBI Securities Co. Ltd. now owns 165 shares of the company’s stock valued at $68,000 after purchasing an additional 110 shares during the last quarter. Finally, Financial Perspectives Inc grew its position in Ubiquiti by 21.9% in the 2nd quarter. Financial Perspectives Inc now owns 206 shares of the company’s stock valued at $85,000 after buying an additional 37 shares during the last quarter. Hedge funds and other institutional investors own 4.00% of the company’s stock.

Ubiquiti Stock Performance

UI opened at $718.28 on Tuesday. The company has a market capitalization of $43.47 billion, a P/E ratio of 48.93 and a beta of 1.40. The company has a 50-day moving average of $581.27 and a 200-day moving average of $592.39. Ubiquiti Inc. has a 1-year low of $255.00 and a 1-year high of $803.59.

Ubiquiti (NYSE:UI) last posted its quarterly earnings results on Friday, February 6th. The company reported $3.88 EPS for the quarter, topping 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 business had revenue of $814.87 million during the quarter, compared to the consensus estimate of $716.95 million. During the same period last year, the firm earned $2.28 earnings per share. The company’s revenue for the quarter was up 35.8% compared to the same quarter last year. As a group, sell-side analysts expect that Ubiquiti Inc. will post 7.21 earnings per share for the current fiscal year.

Ubiquiti Dividend Announcement

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

Wall Street Analysts Forecast Growth

UI has been the subject of a number of analyst reports. Wall Street Zen raised Ubiquiti from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Barclays boosted 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. BWS Financial reiterated a “buy” rating and issued a $720.00 price target on shares of Ubiquiti in a report on Monday, February 9th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Ubiquiti in a research note on Monday, December 29th. Finally, Zacks Research upgraded Ubiquiti from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 3rd. One research analyst has rated the stock with a Strong Buy rating, one has issued 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, the stock has an average rating of “Moderate Buy” and a consensus 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.