Ubiquiti Networks Insider Makes a Significant Stock Sale!
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Ubiquiti Networks' CAO Kevin Radigan sold 350 shares worth $201,803. The company reported strong Q1 earnings with revenues of $733.8 million, up from $550.3 million last year, driven by enterprise technology. Barclays and BWS Financial raised price targets due to robust performance. Despite positive financials, Spark's AI Analyst rates UI stock as Neutral due to bearish technical indicators and high valuation. Ubiquiti's YTD price performance is 68.79%, with a market cap of $35.38B.
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