Pallas Capital Advisors LLC acquired a new stake in Ubiquiti Inc. (NYSE:UI – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 889 shares of the company’s stock, valued at approximately $475,000.
Several other large investors have also made changes to their positions in UI. Goldman Sachs Group Inc. grew its stake in 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 acquiring an additional 8,551 shares during the period. Woodline Partners LP increased its holdings in Ubiquiti by 22.1% in the 1st quarter. Woodline Partners LP now owns 1,214 shares of the company’s stock worth $377,000 after acquiring an additional 220 shares in the last quarter. Jane Street Group LLC raised its position in Ubiquiti by 12.9% during the first quarter. Jane Street Group LLC now owns 13,768 shares of the company’s stock worth $4,270,000 after acquiring an additional 1,570 shares during the period. Cetera Investment Advisers acquired a new position in Ubiquiti during the second quarter worth $312,000. Finally, Legal & General Group Plc lifted its holdings in Ubiquiti by 23.2% during the second quarter. Legal & General Group Plc now owns 792 shares of the company’s stock valued at $326,000 after purchasing an additional 149 shares in the last quarter. 4.00% of the stock is owned by institutional investors and hedge funds.
Ubiquiti Trading Up 1.6%
Shares of UI stock opened at $592.23 on Thursday. Ubiquiti Inc. has a twelve month low of $380.00 and a twelve month high of $1,099.99. The company’s 50-day moving average price is $553.50 and its 200-day moving average price is $690.65. The stock has a market cap of $35.84 billion, a price-to-earnings ratio of 38.06 and a beta of 1.31.
Analyst Ratings Changes
Ubiquiti Company 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.
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