Ubiquiti Networks, Inc. (UBNT) Posts Earnings Results, Beats Expectations By $0.01 EPS

UBNT's SI was 9.05 million shares in January as released by FINRA. Glenmede Trust Na has 600 shares. With 3,700 avg volume, 0 days are for DANDRIT BIOTECH USA INCORPORATED (OTCMKTS:DDRT)'s short sellers to cover DDRT's short positions.

Sonic Automotive, Inc. operates as an automotive retailer in the United States. The stock decreased 0.83% or $1.58 during the last trading session, reaching $187.77. The stock had a trading volume of 703,200 shares, compared to its average volume of 288,456. Ubiquiti Networks, Inc. (NASDAQ:UBNT) has risen 29.84% since January 24, 2017 and is uptrending. It has outperformed by 10.05% the S&P500.

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The performance for the week for Ubiquiti Networks, Inc.is 6.07% following the monthly performance of 16.20%. It has a 24.83 P/E ratio. Its service provider product platforms provide carrier-class network infrastructure for fixed wireless broadband, wireless backhaul systems and routing.

Investors sentiment decreased to 1.15 in 2017 Q3. Its up 0.04, from 1.02 in 2017Q2. Ubiquiti Networks has a 52-week low of $45.71 and a 52-week high of $81.65. 30 funds opened positions while 49 raised stakes. Aqr Mgmt Lc has 0% invested in Ubiquiti Networks, Inc. (NASDAQ:UBNT). Btim Corp accumulated 232,980 shares or 0.2% of the stock. As higher figure of institutional mostly indicates intentions of capital gain, which is suitable for passive investors as well stocks with a large amount of institutional ownership are often looked upon favorably. Rhumbline Advisers, Massachusetts-based fund reported 28,589 shares. Axa owns 48,335 shares or 0.02% of their USA portfolio. Eaton Vance Mngmt reported 370,138 shares. (NASDAQ:UBNT). Kempen Management Nv stated it has 0.66% in Ubiquiti Networks, Inc.

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COPYRIGHT VIOLATION NOTICE: "Ubiquiti Networks Inc (NASDAQ:UBNT) Shares Bought by Ameriprise Financial Inc." was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. Creative Planning holds 0% of its portfolio in PACCAR Inc (NASDAQ:PCAR) for 14,324 shares. Washington-based Fisher Asset Mgmt has invested 0.07% in Facebook, Inc. (NASDAQ:UBNT). Great Lakes Advsr Ltd Com reported 138,884 shares. JMP Securities downgraded Ubiquiti Networks, Inc. ValuEngine upgraded shares of Ubiquiti Networks from a "hold" rating to a "buy" rating in a report on Friday, November 10th. Therefore 92% are positive. BMO Capital Markets has "Market Perform" rating and $37 target. The stock has "Underperform" rating by Credit Suisse on Friday, February 10. RBC Capital Markets upgraded PACCAR Inc (NASDAQ:PCAR) rating on Friday, January 13. As per Thursday, January 14, the company rating was downgraded by Bernstein.

Analysts await Ubiquiti Networks, Inc. (NASDAQ:UBNT) rating on Friday, May 6. On Friday, September 1 the stock rating was maintained by Robert W. Baird with "Buy". Salem Invest Counselors invested 0.37% of its portfolio in Ubiquiti Networks, Inc. (NASDAQ:UBNT) on Monday, August 7 with "Hold" rating. The stock has "Hold" rating by Deutsche Bank on Friday, August 7.

Since August 7, 2017, it had 0 insider buys, and 39 selling transactions for $957.86 million activity. We have $84.96 PT which if reached, will make NASDAQ:UBNT worth $546.03 million more. FOSTER JONATHAN F had sold 2,854 shares worth $494,841. 46 funds opened positions while 152 raised stakes. Beta factor, which is used to measure risk associated with the stock, was 0.46. Investors will get a clear idea on how much they can earn per share on each of the outstanding shares of common stock. Hikari Pwr invested in 0.03% or 3,950 shares. Tiedemann Wealth Limited Co holds 0.04% or 16,637 shares in its portfolio. 2,521 were reported by Bessemer Grp Inc. Raymond James Inc holds 27,067 shares. Moreover, Pacific Global Investment Management Co has 0.73% invested in the company for 157,646 shares. Barclays Plc owns 34,100 shares or 0.01% of their USA portfolio. Cambridge Investment Research Advisors Incorporated has 6,414 shares. They expect $4.27 earnings per share, up 12.37% or $0.47 from last year's $3.8 per share. UBNT's profit will be $61.50M for 24.55 P/E if the $0.79 EPS becomes a reality. The Wireless communications provider reported $0.92 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.86 by $0.06. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. Therefore 50% are positive. Surge Energy Inc had 27 analyst reports since November 10, 2015 according to SRatingsIntel. (NASDAQ:UBNT) on Monday, October 19 to "Mkt Underperform" rating. On Thursday, October 26 the stock rating was maintained by Deutsche Bank with "Hold". The firm has "Overweight" rating given on Wednesday, January 17 by Morgan Stanley. (TSE:SGY) rating on Wednesday, June 15. Jefferies has "Buy" rating and $4300 target. The stock has "Buy" rating by Bank of America on Monday, January 8.

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