Diversify Advisory Services LLC Buys New Shares in Ubiquiti Inc. $UI

Diversify Advisory Services LLC bought a new position in shares of Ubiquiti Inc. (NYSE:UIFree 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

Several equities analysts have recently commented on UI shares. Weiss Ratings lowered shares of Ubiquiti from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 29th. Wall Street Zen lowered shares of Ubiquiti from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Zacks Research downgraded shares of Ubiquiti from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 14th. BWS Financial restated a “buy” rating and issued a $980.00 price target on shares of Ubiquiti in a research report on Wednesday, July 8th. Finally, Barclays lifted their price target on Ubiquiti from $527.00 to $672.00 and gave the company an “underweight” rating in a research note on Monday, May 11th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $750.67.

View Our Latest Report on UI

Ubiquiti Profile

(Free Report)

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

Institutional Ownership by Quarter for Ubiquiti (NYSE:UI)

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