Ubiquiti Networks (NASDAQ:UBNT) CTO John Sanford sold 10,000 shares of Ubiquiti Networks stock on the open market in a transaction that occurred on Tuesday, January 14th. The stock was sold at an average price of $44.29, for a total transaction of $442,900.00. Following the completion of the sale, the chief technology officer now directly owns 330,545 shares in the company, valued at approximately $14,639,838. The sale was disclosed in a document filed with the SEC, which is available at this link（http://www.sec.gov/Archives/edgar/data/1511737/000114036114002338/xslF345X01/doc1.xml）.
Ubiquiti Networks公司（纳斯达克股票代码：UBNT）首席技术官约翰·桑福德在周二发生股票交易，1月14日在公开市场卖出10,000股Ubiquiti Networks公司股票。股票是在44.29美元的平均价格上出售，总交易额为$442,900.00。这笔交易完成后，技术总监现在直接拥有330,545股公司股票，价值约14639838美元。此次出售已经提交给美国证券交易委员会，相关文件参见此链接（http://www.sec.gov/Archives/edgar/data/1511737/000114036114002338/xslF345X01/doc1.xml）。
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Ubiquiti Networks from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, January 8th. They now have a $49.00 price target on the stock. Separately, analysts at Wells Fargo & Co. initiated coverage on shares of Ubiquiti Networks in a research note to investors on Friday, December 13th. They set an “outperform” rating on the stock. Finally, analysts at Stephens initiated coverage on shares of Ubiquiti Networks in a research note to investors on Tuesday, December 10th. They set an “equal weight” rating on the stock. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $42.17.
Ubiquiti Networks (NASDAQ:UBNT) traded down 2.30% during mid-day trading on Thursday, hitting $43.72. The stock had a trading volume of 663,898 shares. Ubiquiti Networks has a one year low of $11.51 and a one year high of $48.00. The stock has a 50-day moving average of $42.4 and a 200-day moving average of $34.1. The company has a market cap of $3.832 billion and a P/E ratio of 37.20.
Ubiquiti Networks (NASDAQ:UBNT) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.46 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.39 by $0.07. The company had revenue of $129.70 million for the quarter, compared to the consensus estimate of $119.30 million. During the same quarter in the prior year, the company posted $0.15 earnings per share. The company’s quarterly revenue was up 110.9% on a year-over-year basis. Analysts expect that Ubiquiti Networks will post $1.83 EPS for the current fiscal year.
Ubiquiti Networks, Inc (NASDAQ:UBNT) is a communications technology Company.