Wealth Enhancement Advisory Services LLC Acquires 42,781 Shares of Ubiquiti Inc. $UI

Wealth Enhancement Advisory Services LLC increased its holdings in Ubiquiti Inc. (NYSE:UI) by 1,709.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 45,284 shares of the company’s stock after buying an additional 42,781 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.07% of Ubiquiti worth $30,423,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Goldman Sachs Group Inc. boosted its holdings in shares of Ubiquiti by 33.8% in the first quarter. Goldman Sachs Group Inc. now owns 33,836 shares of the company’s stock worth $10,494,000 after acquiring an additional 8,551 shares during the period. Woodline Partners LP lifted its holdings in Ubiquiti by 22.1% during the 1st quarter. Woodline Partners LP now owns 1,214 shares of the company’s stock worth $377,000 after purchasing an additional 220 shares in the last quarter. Jane Street Group LLC boosted its stake in Ubiquiti by 12.9% in the 1st quarter. Jane Street Group LLC now owns 13,768 shares of the company’s stock worth $4,270,000 after purchasing an additional 1,570 shares during the period. GAMMA Investing LLC grew its holdings in Ubiquiti by 20.5% during the 2nd quarter. GAMMA Investing LLC now owns 159 shares of the company’s stock valued at $65,000 after buying an additional 27 shares in the last quarter. Finally, Main Street Group LTD bought a new stake in shares of Ubiquiti during the second quarter valued at about $41,000. Institutional investors own 4.00% of the company’s stock.

Ubiquiti Stock Up 2.4%

Shares of UI opened at $563.34 on Wednesday. Ubiquiti Inc. has a twelve month low of $255.00 and a twelve month high of $803.59. The company has a market capitalization of $34.08 billion, a P/E ratio of 43.07 and a beta of 1.37. The firm has a 50 day moving average of $562.56 and a 200 day moving average of $568.61.

Ubiquiti (NYSE:UI) last issued its earnings results on Friday, November 7th. The company reported $3.46 EPS for the quarter, beating the consensus estimate of $2.48 by $0.98. Ubiquiti had a return on equity of 132.71% and a net margin of 28.72%.The business had revenue of $733.77 million for the quarter, compared to the consensus estimate of $702.38 million. On average, sell-side analysts expect that Ubiquiti Inc. will post 7.21 EPS for the current year.

Ubiquiti Announces Dividend

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

Analyst Upgrades and Downgrades

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

Insider Transactions at Ubiquiti

In other news, CAO Kevin Radigan sold 350 shares of the firm’s stock in a transaction dated 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. This trade represents a 11.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 93.10% of the company’s stock.

About Ubiquiti

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.