SW Investment Management LLC Sells 75,000 Shares of Ubiquiti Inc. $UI

SW Investment Management LLC trimmed its holdings in Ubiquiti Inc. (NYSE:UI) by 30.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 175,000 shares of the company’s stock after selling 75,000 shares during the quarter. Ubiquiti accounts for about 24.8% of SW Investment Management LLC’s portfolio, making the stock its biggest holding. SW Investment Management LLC owned 0.29% of Ubiquiti worth $115,602,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of UI. Exchange Traded Concepts LLC boosted its holdings in shares of Ubiquiti by 31.0% during the third quarter. Exchange Traded Concepts LLC now owns 76 shares of the company’s stock worth $50,000 after purchasing an additional 18 shares during the period. Westside Investment Management Inc. grew its holdings in Ubiquiti by 100.0% during 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 last quarter. EverSource Wealth Advisors LLC raised its holdings in Ubiquiti by 31.5% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 142 shares of the company’s stock worth $94,000 after acquiring an additional 34 shares during the period. SBI Securities Co. Ltd. increased its stake in shares of Ubiquiti by 200.0% in 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 during the period. Finally, Aster Capital Management DIFC Ltd lifted its holdings in shares of Ubiquiti by 135.0% during the third quarter. Aster Capital Management DIFC Ltd now owns 242 shares of the company’s stock worth $160,000 after buying an additional 139 shares during the last quarter. Institutional investors and hedge funds own 4.00% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Barclays increased their target price on shares of Ubiquiti from $455.00 to $527.00 and gave the company an “underweight” rating in a research note on Friday, February 6th. Zacks Research upgraded Ubiquiti from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 3rd. Wall Street Zen lowered Ubiquiti from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. Weiss Ratings reiterated a “hold (c+)” rating on shares of Ubiquiti in a research note on Monday, December 29th. Finally, BWS Financial restated a “buy” rating and issued a $720.00 price objective on shares of Ubiquiti in a research note on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Ubiquiti currently has an average rating of “Moderate Buy” and an average target price of $615.67.

Ubiquiti Stock Performance

Ubiquiti stock opened at $766.27 on Friday. The business’s fifty day moving average is $612.39 and its two-hundred day moving average is $608.35. Ubiquiti Inc. has a 52 week low of $255.00 and a 52 week high of $803.59. The firm has a market cap of $46.37 billion, a P/E ratio of 52.20 and a beta of 1.40.

Ubiquiti (NYSE:UI) last issued its quarterly earnings data 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 net margin of 29.90% and a return on equity of 113.21%. The firm had revenue of $814.87 million for the quarter, compared to analyst estimates of $716.95 million. During the same quarter in the prior year, the firm earned $2.28 EPS. The company’s revenue was up 35.8% on a year-over-year basis. On average, equities research analysts predict that Ubiquiti Inc. will post 7.21 earnings per share for the current year.

Ubiquiti Announces Dividend

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

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.