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…