Trek Financial LLC Has $4.67 Million Position in Ubiquiti Inc. $UI

Trek Financial LLC raised its stake in Ubiquiti Inc. (NYSE:UI) by 379.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,076 shares of the company’s stock after acquiring an additional 5,601 shares during the period. Trek Financial LLC’s holdings in Ubiquiti were worth $4,674,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of UI. Rhumbline Advisers boosted its position in shares of Ubiquiti by 856.8% during the 2nd quarter. Rhumbline Advisers now owns 42,787 shares of the company’s stock worth $17,613,000 after acquiring an additional 38,315 shares in the last quarter. Fox Run Management L.L.C. acquired a new position in shares of Ubiquiti during the second quarter worth $885,000. Greenleaf Trust bought a new stake in shares of Ubiquiti in the 2nd quarter valued at about $227,000. Vanguard Personalized Indexing Management LLC raised its holdings in Ubiquiti by 72.8% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 1,317 shares of the company’s stock worth $543,000 after purchasing an additional 555 shares during the last quarter. Finally, One Wealth Advisors LLC bought a new stake in shares of Ubiquiti in the 2nd quarter valued at $219,000. Institutional investors own 4.00% of the company’s stock.

Insider Buying and Selling

In other Ubiquiti news, CAO Kevin Radigan sold 350 shares of the business’s stock in a transaction on Wednesday, November 12th. The shares were sold at an average price of $576.58, for a total transaction of $201,803.00. Following the sale, the chief accounting officer owned 2,768 shares of the company’s stock, valued at $1,595,973.44. The trade was a 11.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 93.10% of the stock is currently owned by company insiders.

Ubiquiti Price Performance

Shares of Ubiquiti stock traded down $15.60 during trading hours on Friday, hitting $546.86. 73,591 shares of the company’s stock traded hands, compared to its average volume of 87,337. The stock has a market capitalization of $33.08 billion, a price-to-earnings ratio of 41.81 and a beta of 1.37. Ubiquiti Inc. has a 12-month low of $255.00 and a 12-month high of $803.59. The company has a fifty day simple moving average of $561.65 and a 200-day simple moving average of $569.30.

Ubiquiti (NYSE:UI) last released its earnings results on Friday, November 7th. The company reported $3.46 earnings per share for the quarter, beating analysts’ consensus estimates of $2.48 by $0.98. Ubiquiti had a net margin of 28.72% and a return on equity of 132.71%. The firm had revenue of $733.77 million for the quarter, compared to analysts’ expectations of $702.38 million. On average, analysts forecast that Ubiquiti Inc. will post 7.21 EPS for the current fiscal year.

Ubiquiti Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, November 24th. Stockholders of record on Monday, November 17th were given a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Monday, November 17th. Ubiquiti’s dividend payout ratio is currently 24.46%.

Analyst Upgrades and Downgrades

UI has been the subject of a number of research analyst reports. Barclays lifted their target price on Ubiquiti from $299.00 to $455.00 and gave the stock an “underweight” rating in a report on Tuesday, November 11th. Zacks Research raised shares of Ubiquiti from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 3rd. Wall Street Zen lowered shares of Ubiquiti from a “buy” rating to a “hold” rating in a report on Saturday, November 15th. Weiss Ratings restated a “hold (c+)” rating on shares of Ubiquiti in a research note on Monday, December 29th. Finally, BWS Financial reaffirmed a “buy” rating and set a $720.00 price target on shares of Ubiquiti in a research note on Thursday, January 15th. One equities 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $591.67.

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.