UBNT stock repurchase means something

A Seeking Alpha article did an analysis of all Ubiquiti’s share buy-backs, and pointed out that the share buy-back dates and prices have almost twice the CAGR that their regular day-to-day stock price has (a rather spectacular 47% CAGR, actually). He speculates that they reflect insider knowledge, and that when management is doing a buyback is a good time to buy. Meaning that this is a good time to buy (based on past results anyway).

Saul

http://seekingalpha.com/article/4056227-ubiquiti-buying-back…

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Just to remind Pera owns approximately 65-70% of UBNT. So every dollar reinvested in buybacks, Pera is putting 70 cents of his won money. You can essentially classify this as insider buying.

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