Unity Software Inc. (NYSE:U - Get Free Report) Director David Helgason sold 7,860 shares of the company's stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $26.45, for a total transaction of $207,897.00. Following the completion of the sale, the director now directly owns 10,493 shares in the company, valued at approximately $277,539.85. The trade was a 42.83 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
David Helgason also recently made the following trade(s):
- On Friday, September 13th, David Helgason sold 250,000 shares of Unity Software stock. The shares were sold at an average price of $20.59, for a total value of $5,147,500.00.
Unity Software Trading Down 1.6 %
Shares of Unity Software stock opened at $26.12 on Friday. The business has a 50 day simple moving average of $22.10 and a two-hundred day simple moving average of $19.01. Unity Software Inc. has a 12 month low of $13.90 and a 12 month high of $43.54. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.41 and a quick ratio of 2.41.
Analyst Ratings Changes
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Several research analysts recently weighed in on the company. Morgan Stanley upgraded Unity Software from an "equal weight" rating to an "overweight" rating and set a $22.00 price target for the company in a research report on Tuesday, September 3rd. Needham & Company LLC lifted their target price on shares of Unity Software from $23.00 to $26.00 and gave the company a "buy" rating in a report on Friday, November 8th. JMP Securities reiterated a "market perform" rating on shares of Unity Software in a research note on Friday, September 13th. UBS Group raised their price target on shares of Unity Software from $15.00 to $20.00 and gave the company a "neutral" rating in a research report on Friday, October 18th. Finally, Macquarie upped their price objective on shares of Unity Software from $15.00 to $16.00 and gave the stock an "underperform" rating in a research report on Friday, November 8th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and six have given a buy rating to the company. According to MarketBeat, Unity Software presently has a consensus rating of "Hold" and a consensus target price of $23.35.
Check Out Our Latest Stock Analysis on U
Institutional Trading of Unity Software
Several large investors have recently made changes to their positions in the company. GAMMA Investing LLC grew its stake in Unity Software by 343.8% during the 3rd quarter. GAMMA Investing LLC now owns 1,225 shares of the company's stock valued at $28,000 after acquiring an additional 949 shares in the last quarter. Planning Capital Management Corp acquired a new position in shares of Unity Software during the 3rd quarter worth approximately $34,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Unity Software by 163.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,241 shares of the company's stock valued at $36,000 after purchasing an additional 1,389 shares in the last quarter. Brooklyn Investment Group acquired a new stake in shares of Unity Software in the third quarter valued at approximately $43,000. Finally, Blue Trust Inc. lifted its position in Unity Software by 308.8% during the second quarter. Blue Trust Inc. now owns 3,123 shares of the company's stock worth $51,000 after buying an additional 2,359 shares in the last quarter. 73.46% of the stock is currently owned by hedge funds and other institutional investors.
Unity Software Company Profile
(
Get Free Report)
Unity Software Inc operates a real-time 3D development platform. Its platform provides software solutions to create, run, and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The company offers its solutions directly through its online store and field sales operations in North America, Denmark, Finland, the United Kingdom, Germany, Japan, China, Singapore, and South Korea, as well as indirectly through independent distributors and resellers worldwide.
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