ExodusPoint Capital Management LP Invests Big in Ubiquiti
March 6, 2023
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Ubiquiti Inc ($NYSE:UI)., a leading technology company that specializes in designing and developing high-performance networking solutions, announced recently that it has received an investment of $546000 from ExodusPoint Capital Management LP. This is a significant milestone for Ubiquiti as this investment solidifies their position as one of the most sought-after networking solutions providers in the technology industry. This investment will provide Ubiquiti with the much-needed financial cushion and stability to continue pushing the boundaries of technology by designing cutting-edge solutions for their ever-growing customer base. With this new injection of capital, Ubiquiti Inc. is planning to expand its operations and hire more talent to work on their projects and products.
Additionally, this investment will also help Ubiquiti to improve and update their existing products and services to better serve their customers. This marks a period of positive growth for the company, with more groundbreaking solutions just around the corner.
Market Price
On Tuesday, ExodusPoint Capital Management LP made a noteworthy investment in Ubiquiti Inc., a leading provider of “cutting-edge” networking technology. The stock opened at $269.0, and closed at $268.3, a drop of 0.5% from the previous closing price of $269.6. This investment comes at a significant time as Ubiquiti Inc. closely monitors its global expansion with offerings to meet the ever-changing demands of the world’s growing connectivity needs. The company is highly confident in their ability to deliver reliable and affordable products and services to businesses and residential customers alike.
Ubiquiti Inc. is well-positioned to grow in the near and long-term future with the resources provided by ExodusPoint’s investment. With their products ranging from UniFi Access Points and EdgeRouters to Network Video Recorders and AmpliFi Mesh Wi-Fi systems, Ubiquiti is looking to expand their reach as a leading provider of wireless communication solutions on a global scale. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Ubiquiti Inc. More…
| Total Revenues | Net Income | Net Margin |
| 1.79k | 348.25 | 19.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ubiquiti Inc. More…
| Operations | Investing | Financing |
| 176.47 | -18.1 | -211.04 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Ubiquiti Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.27k | 1.52k | -4.1 |
Key Ratios Snapshot
Some of the financial key ratios for Ubiquiti Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 14.2% | 0.5% | 24.7% |
| FCF Margin | ROE | ROA |
| 8.7% | -96.4% | 21.8% |
Analysis
At GoodWhale, we conducted a deep dive into the fundamentals of UBIQUITI INC and have determined it to be a medium risk investment in terms of financial and business aspects. After an in-depth analysis, we assigned a Risk Rating to UBIQUITI INC based on our assessment of certain financial and business risks. During our examination of UBIQUITI INC, we have also detected 2 risk warnings in the income sheet and balance sheet of the company. To get a better understanding of these risk warnings, sign up as a registered user to access further details. More…
Peers
The company offers its services to residential, business and government customers in more than 140 countries. Ubiquiti has a strong presence in the Americas, Europe, Asia-Pacific and Africa. The company’s main competitors are Ceragon Networks Ltd, Eutelsat Communications and Saf Tehnika.
– Ceragon Networks Ltd ($NASDAQ:CRNT)
Ceragon Networks Ltd is a leading global provider of wireless backhaul solutions that enable mobile operators and other wireless service providers to deliver voice and data services. The company’s solutions are based on its proprietary IP-based wireless technology and are designed to meet the challenges of the most demanding backhaul applications. Ceragon’s solutions have been deployed in more than 150 countries and support over 2,000 customers, including many of the world’s largest mobile operators.
– Eutelsat Communications ($OTCPK:EUTLF)
Eutelsat Communications is a leading satellite operator, providing reliable and secure satellite-based connectivity to fixed and mobile customers around the world. The company has a market cap of 2.29B as of 2022 and a Return on Equity of 9.77%. Eutelsat Communications is headquartered in Paris, France.
– Saf Tehnika ($BER:VTZ)
Saf Tehnika is a publicly traded company with a market capitalization of $38.02 million as of 2022. The company has a return on equity of 29.08%. Saf Tehnika is a provider of critical communications solutions for mission-critical applications in government, defense, public safety, and utility markets worldwide. The company’s products and solutions are used by customers in more than 100 countries.
Summary
ExodusPoint Capital Management LP recently made a large investment in Ubiquiti Inc. (UBIQUITI), a technology company focused on providing high-performance networking products and solutions. Analysts are bullish on UBIQUITI and have noted its impressive growth prospects, driven by its broad product portfolio, the robustness of its management team, and its focus on innovation. The company’s stock price has experienced significant volatility over the last year, but with its strong competitive position, analysts believe that the stock is poised for long-term growth.
Furthermore, UBIQUITI recently saw an increase in sales due to the pandemic, which could result in further upside for the stock. ExodusPoint’s investment is seen as a positive for the company and could bring additional momentum to its shares going forward.
