Diversify Advisory Services LLC bought a new position in shares of Ubiquiti Inc. (NYSE:UI – Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,828 shares of the company’s stock, valued at approximately $1,526,000.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Corient Private Wealth LLC raised its position in shares of Ubiquiti by 73,940.4% in the fourth quarter. Corient Private Wealth LLC now owns 1,113,568 shares of the company’s stock worth $616,193,000 after acquiring an additional 1,112,064 shares during the period. BlackRock Inc. acquired a new stake in Ubiquiti in the 2nd quarter valued at about $163,010,000. Arrowstreet Capital Limited Partnership increased its holdings in shares of Ubiquiti by 11.9% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 183,464 shares of the company’s stock valued at $101,520,000 after purchasing an additional 19,504 shares during the last quarter. Morgan Stanley raised its holdings in shares of Ubiquiti by 7.7% during the 4th quarter. Morgan Stanley now owns 102,022 shares of the company’s stock worth $56,454,000 after acquiring an additional 7,338 shares during the period. Finally, Capital World Investors raised its stake in Ubiquiti by 16.2% during the fourth quarter. Capital World Investors now owns 100,056 shares of the company’s stock worth $55,366,000 after purchasing an additional 13,970 shares during the period. 4.00% of the stock is owned by institutional investors and hedge funds.
Ubiquiti Price Performance
Shares of NYSE UI opened at $592.23 on Thursday. Ubiquiti Inc. has a 1-year low of $380.00 and a 1-year high of $1,099.99. The business has a 50-day moving average of $553.50 and a 200-day moving average of $690.65. The company has a market capitalization of $35.84 billion, a price-to-earnings ratio of 38.06 and a beta of 1.31.
Analyst Upgrades and Downgrades
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.
See Also
- Five stocks we like better than Ubiquiti
- Bloom Energy’s AI Surge Meets a Valuation Reality Check
- Target Is Winning Shoppers Back—Can the Rally Reach $180?
- IonQ’s Space Contract Points to a New Frontier for Quantum Investors
- Is Apple’s AI Strategy Smarter Than Skeptics Think?
Receive News & Ratings for Ubiquiti Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ubiquiti and related companies with MarketBeat.com's FREE daily email newsletter.
