Discussion stirs around Ubiquiti Networks, Inc. (NASDAQ:UBNT) this week; here is what analysts are saying.

June 18, 2018 - By Migdalia James

Ubiquiti Networks, Inc. (NASDAQ:UBNT) LogoInvestors sentiment increased to 0.68 in Q1 2018. Its up 0.09, from 0.59 in 2017Q4. It increased, as 24 investors sold Ubiquiti Networks, Inc. shares while 60 reduced holdings. 21 funds opened positions while 36 raised stakes. 22.24 million shares or 2.61% less from 22.83 million shares in 2017Q4 were reported.
Us National Bank De invested in 2,284 shares. Bnp Paribas Arbitrage Sa owns 9,480 shares or 0% of their US portfolio. Moreover, Morgan Stanley has 0.01% invested in Ubiquiti Networks, Inc. (NASDAQ:UBNT). Renaissance Technologies Ltd Com accumulated 302,500 shares. Salem Investment Counselors holds 52,708 shares. Alliancebernstein Ltd Partnership accumulated 0% or 61,900 shares. Blackrock holds 1.60M shares. Gilder Gagnon Howe And Ltd Company, New York-based fund reported 1,577 shares. Tiaa Cref Investment Mgmt Ltd owns 54,852 shares for 0% of their portfolio. Ruggie Cap Gp stated it has 0.02% in Ubiquiti Networks, Inc. (NASDAQ:UBNT). Gam Hldg Ag stated it has 0.23% in Ubiquiti Networks, Inc. (NASDAQ:UBNT). Gvo Asset Management stated it has 0.64% in Ubiquiti Networks, Inc. (NASDAQ:UBNT). Ubs Asset Management Americas owns 18,883 shares. Parametric accumulated 32,663 shares or 0% of the stock. Woodstock Corp reported 65,017 shares.

Ubiquiti Networks, Inc. (NASDAQ:UBNT) Ratings Coverage

Among 3 analysts covering Ubiquiti Networks (NASDAQ:UBNT), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Ubiquiti Networks had 3 analyst reports since February 9, 2018 according to SRatingsIntel. The rating was maintained by Deutsche Bank on Friday, February 9 with “Hold”. BMO Capital Markets maintained Ubiquiti Networks, Inc. (NASDAQ:UBNT) rating on Friday, February 9. BMO Capital Markets has “Market Perform” rating and $63 target. Below is a list of Ubiquiti Networks, Inc. (NASDAQ:UBNT) latest ratings and price target changes.

10/05/2018 Broker: Credit Suisse Rating: Neutral New Target: $74 Initiates Coverage On
09/02/2018 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Market Perform Old Target: $60 New Target: $63 Maintain
09/02/2018 Broker: Deutsche Bank Old Rating: Hold New Rating: Hold Old Target: $47 New Target: $55 Maintain

The stock increased 0.26% or $0.23 during the last trading session, reaching $87.67. About 111,695 shares traded. Ubiquiti Networks, Inc. (NASDAQ:UBNT) has risen 72.77% since June 18, 2017 and is uptrending. It has outperformed by 60.20% the S&P500.

Ubiquiti Networks, Inc. develops networking technology for service providers, enterprises, and clients worldwide. The company has market cap of $6.49 billion. The companyÂ’s service well-known provider product platforms offer carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems, and routing; and enterprise product platforms provide wireless LAN infrastructure, video surveillance products, switching and routing solutions, security gateways, and other complimentary WLAN products. It has a 48.3 P/E ratio. The Company’s products and solutions include radios, antennas, software, communications protocols, and management tools to deliver carrier and enterprise class wireless broadband access and other services in the unlicensed RF spectrum.

Another recent and important Ubiquiti Networks, Inc. (NASDAQ:UBNT) news was published by Seekingalpha.com which published an article titled: “Forget The Buybacks – Run Fast, Run Far” on June 14, 2018.

Ubiquiti Networks, Inc. (NASDAQ:UBNT) Institutional Positions Chart

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