Royal London Asset Management Ltd. Boosts Stake in Ubiquiti with 1348 Share Purchase
December 22, 2022
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Ubiquiti Inc ($NYSE:UI). is a leading global provider of networking technology and services. Ubiquiti Inc. is listed on the NASDAQ stock exchange and its products and services have been embraced by a wide range of customers, from small businesses to large enterprises. Ubiquiti Inc. is one of the fastest-growing companies in the telecommunications industry. The company’s products and services are highly sought-after, and Royal London Asset Management Ltd.’s purchase is a testament to their trust in the company’s ability to deliver on its promises.
The purchase of 1348 shares by Royal London Asset Management Ltd. is a strong indication of the company’s confidence in Ubiquiti Inc.’s future prospects, and serves as an endorsement of the company’s ability to continue to deliver on its commitments to its customers. With its innovative products and services, Ubiquiti Inc. is well-positioned to capitalize on the growing demand for its offerings.
Share Price
The purchase was made on Monday, when Ubiquiti Inc.’s stock opened at $276.5 and closed at $273.7, down by 0.4% from the prior closing price of $274.8. The media coverage of Ubiquiti Inc. has been mostly positive. Analysts have been bullish on the company’s prospects since the beginning of the year, with some pointing to the company’s robust product portfolio and expanding global footprint as reasons for their optimism. Ubiquiti Inc. has released several innovative products in recent years, including the UniFi Enterprise Wireless System and the AmpliFi Home Wi-Fi system, both of which have been well received by customers.
Ubiquiti Inc.’s stock price has been relatively stable over the past few months, with the company’s shares trading in a tight range. While the stock has seen some volatility in the past few weeks, investors remain optimistic that the company’s long-term growth prospects remain intact. Royal London Asset Management Ltd.’s purchase of additional shares is an indication of this optimism, and a sign that the company is confident that Ubiquiti Inc. will be able to continue to deliver strong returns for its investors. 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 |
| 1.73k | 339.69 | 19.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Ubiquiti Inc. More…
| Operations | Investing | Financing |
| 311.31 | -16.85 | -423.86 |
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 |
| 937.24 | 1.26k | -5.39 |
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 |
| 12.9% | -0.8% | 24.4% |
| FCF Margin | ROE | ROA |
| 16.9% | -74.6% | 28.2% |
VI Analysis
UBIQUITI INC is a medium risk investment according to the VI Risk Rating, which is a measure of the company’s financial and business aspects. The VI App provides a simple overview of the company’s fundamentals in order to give investors an idea of its long term potential. With this app, investors are able to quickly assess the stability of the company and make an informed decision about whether or not to invest. The app has identified two risk warnings in the company’s income sheet and balance sheet. These warnings indicate that there could be potential issues with the company’s financial health, and further investigation is recommended before investing. It is important to note that this information is only intended as a general guide, and should not be taken as a definitive indication of the company’s future performance. In addition to assessing the company’s financial health, investors should also consider the company’s overall strategy and competitive position in the industry. This information can be found in the company’s annual reports or other public sources. Through careful research and analysis, investors can make an informed decision about whether UBIQUITI INC is a good investment for them. More…
VI 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
Investing in Ubiquiti Inc. can be a great way to diversify a portfolio and potentially make some strong returns. The company has a presence in the telecommunications and networking space, providing a range of products and services related to networking, including routers, switches and wireless components. As such, the company’s products are in demand by both consumers and businesses alike, allowing for a broad customer base. Ubiquiti Inc. has also seen positive earnings growth in recent quarters, indicating that its products and services are in demand. In addition to its strong product lineup, the company has made several strategic acquisitions over the years, including the purchase of airFiber, a wireless broadband technology company, and Unifi Video, a video surveillance and security product provider.
These acquisitions have helped to bolster Ubiquiti’s product offerings and revenue streams, making them an attractive investment opportunity. Royal London Asset Management Ltd. recently boosted their stake in Ubiquiti Inc. with a 1348 share purchase. This suggests that the company may be a good pick for investors looking for a long-term play in the telecommunications space. With its expanding product lineup and growing customer base, Ubiquiti Inc. could be an excellent choice for investors who are looking for a stable and growing company to invest in.
