Private Advisory Group LLC Makes New Investment in Ubiquiti Inc. $UI

Private Advisory Group LLC acquired a new stake in Ubiquiti Inc. (NYSE:UI) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,819 shares of the company’s stock, valued at approximately $971,000.

Other hedge funds also recently made changes to their positions in the company. Vision Retirement LLC acquired a new position in shares of Ubiquiti during the 1st quarter worth approximately $25,000. Quarry LP acquired a new stake in Ubiquiti during the 3rd quarter valued at $34,000. CIBC Private Wealth Group LLC lifted its holdings in Ubiquiti by 238.1% during the 4th quarter. CIBC Private Wealth Group LLC now owns 71 shares of the company’s stock valued at $39,000 after purchasing an additional 50 shares during the last quarter. Cherry Tree Wealth Management LLC boosted its position in Ubiquiti by 50.0% during the fourth quarter. Cherry Tree Wealth Management LLC now owns 75 shares of the company’s stock worth $42,000 after purchasing an additional 25 shares during the period. Finally, CANADA LIFE ASSURANCE Co boosted its position in Ubiquiti by 216.0% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 79 shares of the company’s stock worth $44,000 after purchasing an additional 54 shares during the period. 4.00% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

UI has been the topic of several research analyst reports. Zacks Research raised shares of Ubiquiti from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 16th. Wall Street Zen downgraded shares of Ubiquiti from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Weiss Ratings lowered shares of Ubiquiti from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 29th. BWS Financial reissued a “buy” rating and issued a $980.00 price target on shares of Ubiquiti in a report on Wednesday, July 8th. Finally, Barclays increased their price target on shares of Ubiquiti from $527.00 to $672.00 and gave the company an “underweight” rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $750.67.

Ubiquiti Price Performance

UI opened at $573.98 on Friday. The business has a fifty day simple moving average of $552.26 and a 200 day simple moving average of $689.04. Ubiquiti Inc. has a 1 year low of $380.00 and a 1 year high of $1,099.99. The company has a market capitalization of $34.74 billion, a PE ratio of 36.89 and a beta of 1.31.

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.