Ultralife Corporation (NASDAQ: ULBI) reported third-quarter 2026 revenue of $48.3 million, up 11.3% from $43.4 million a year earlier. Net income attributable to Ultralife was $2.4 million, or $0.14 per basic and diluted share, compared with a $1.2 million net loss, or $0.07 per share, in the prior-year quarter.
The company reported operating income of $3.2 million, compared with a $1.0 million operating loss a year earlier. Ultralife also said it agreed on October 27 to be acquired by EnerSys in an all-cash transaction valued at approximately $320 million, including assumed net debt.
- Battery & Energy Products sales rose 12.9% to $45.1 million.
- Communications Systems sales declined 7.1% to $3.2 million.
- Gross profit increased to $13.3 million from $9.6 million, with gross margin rising to 27.5% from 22.2%.
- Third-quarter backlog was $136.0 million, compared with $117.5 million at the end of the second quarter.
- Ultralife expects the EnerSys transaction to close in the first quarter of 2027 and will not hold a third-quarter conference call.
$ULBI Insider Trading Activity
$ULBI insiders have traded $ULBI stock on the open market 4 times in the past 6 months. Of those trades, 4 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $ULBI stock by insiders over the last 6 months:
- BRADFORD T WHITMORE has made 3 purchases buying 108,878 shares for an estimated $715,313 and 0 sales.
- MICHAEL EDWARD MANNA (President and CEO) purchased 2,000 shares for an estimated $12,938
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$ULBI Hedge Fund Activity
We have seen 15 institutional investors add shares of $ULBI stock to their portfolio, and 18 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- DIMENSIONAL FUND ADVISORS LP removed 76,401 shares (-7.9%) from their portfolio in Q3 2026, for an estimated $493,550
- MARIDEA WEALTH MANAGEMENT LLC added 42,708 shares (+inf%) to their portfolio in Q2 2026, for an estimated $269,914
- JANNEY MONTGOMERY SCOTT LLC added 42,350 shares (+8.2%) to their portfolio in Q2 2026, for an estimated $267,652
- RENAISSANCE TECHNOLOGIES LLC removed 26,300 shares (-13.3%) from their portfolio in Q2 2026, for an estimated $166,216
- LSV ASSET MANAGEMENT removed 17,550 shares (-27.8%) from their portfolio in Q3 2026, for an estimated $113,373
- MAN GROUP PLC added 17,437 shares (+107.0%) to their portfolio in Q2 2026, for an estimated $110,201
- GEODE CAPITAL MANAGEMENT, LLC removed 14,407 shares (-11.5%) from their portfolio in Q3 2026, for an estimated $93,069
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
