SW Investment Management LLC Trims Position in Ubiquiti Inc. $UI

SW Investment Management LLC trimmed its holdings in Ubiquiti Inc. (NYSE:UI) by 30.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 175,000 shares of the company’s stock after selling 75,000 shares during the period. Ubiquiti comprises about 24.8% of SW Investment Management LLC’s investment portfolio, making the stock its largest holding. SW Investment Management LLC’s holdings in Ubiquiti were worth $115,602,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Goldman Sachs Group Inc. raised its stake in shares of Ubiquiti by 33.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 33,836 shares of the company’s stock valued at $10,494,000 after purchasing an additional 8,551 shares during the period. Woodline Partners LP raised its stake in Ubiquiti by 22.1% in the first quarter. Woodline Partners LP now owns 1,214 shares of the company’s stock valued at $377,000 after buying an additional 220 shares during the period. Jane Street Group LLC lifted its holdings in Ubiquiti by 12.9% during the 1st quarter. Jane Street Group LLC now owns 13,768 shares of the company’s stock valued at $4,270,000 after purchasing an additional 1,570 shares during the last quarter. AlphaQuest LLC grew its stake in Ubiquiti by 101.0% in the 2nd quarter. AlphaQuest LLC now owns 579 shares of the company’s stock valued at $238,000 after buying an additional 291 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its stake in shares of Ubiquiti by 15.0% during the second quarter. Envestnet Asset Management Inc. now owns 8,672 shares of the company’s stock worth $3,570,000 after purchasing an additional 1,131 shares during the period. Institutional investors own 4.00% of the company’s stock.

Ubiquiti Stock Performance

Shares of UI opened at $766.27 on Friday. Ubiquiti Inc. has a fifty-two week low of $255.00 and a fifty-two week high of $803.59. The firm’s 50-day simple moving average is $612.39 and its two-hundred day simple moving average is $608.35. The stock has a market cap of $46.37 billion, a PE ratio of 52.20 and a beta of 1.40.

Ubiquiti (NYSE:UI) last issued 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 firm had revenue of $814.87 million for the quarter, compared to analysts’ expectations of $716.95 million. During the same period in the previous year, the firm posted $2.28 EPS. The business’s revenue for the quarter was up 35.8% compared to the same quarter last year. Equities research analysts predict that Ubiquiti Inc. will post 7.21 EPS for the current year.

Ubiquiti Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, February 23rd. Investors of record on Tuesday, February 17th were given a dividend of $0.80 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $3.20 annualized dividend and a dividend yield of 0.4%. Ubiquiti’s dividend payout ratio (DPR) is 21.80%.

Wall Street Analyst Weigh In

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