Unity Software Inc. (NYSE:U - Get Free Report) CFO Mark Barrysmith sold 1,228 shares of the business's stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $24.44, for a total transaction of $30,012.32. Following the transaction, the chief financial officer now directly owns 453,638 shares of the company's stock, valued at $11,086,912.72. The trade was a 0.27 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Mark Barrysmith also recently made the following trade(s):
- On Monday, November 25th, Mark Barrysmith sold 8,112 shares of Unity Software stock. The shares were sold at an average price of $24.38, for a total transaction of $197,770.56.
Unity Software Stock Up 3.0 %
NYSE U opened at $25.17 on Tuesday. Unity Software Inc. has a 12 month low of $13.90 and a 12 month high of $43.54. The company has a market capitalization of $10.14 billion, a P/E ratio of -12.34 and a beta of 2.33. The company's 50 day simple moving average is $22.23 and its 200 day simple moving average is $19.09. 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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A number of brokerages recently issued reports on U. UBS Group increased their price objective on Unity Software from $15.00 to $20.00 and gave the stock a "neutral" rating in a report on Friday, October 18th. Wedbush increased their price target on Unity Software from $21.00 to $27.00 and gave the stock an "outperform" rating in a research note on Monday, September 16th. Stifel Nicolaus lifted their price objective on shares of Unity Software from $20.00 to $25.00 and gave the company a "buy" rating in a research note on Friday, September 13th. Macquarie increased their target price on shares of Unity Software from $15.00 to $16.00 and gave the company an "underperform" rating in a research report on Friday, November 8th. Finally, Needham & Company LLC raised their target price on shares of Unity Software from $23.00 to $26.00 and gave the company a "buy" rating in a research note on Friday, November 8th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, Unity Software currently has a consensus rating of "Hold" and an average price target of $23.35.
Read Our Latest Research Report on U
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in U. GAMMA Investing LLC increased its stake in Unity Software by 343.8% in the 3rd quarter. GAMMA Investing LLC now owns 1,225 shares of the company's stock worth $28,000 after purchasing an additional 949 shares in the last quarter. Planning Capital Management Corp acquired a new position in shares of Unity Software in the third quarter worth about $34,000. Brooklyn Investment Group purchased a new position in shares of Unity Software in the third quarter worth approximately $43,000. Northwestern Mutual Wealth Management Co. increased 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 worth $36,000 after acquiring an additional 1,389 shares in the last quarter. Finally, Blue Trust Inc. raised its holdings in shares of Unity Software by 308.8% during the second quarter. Blue Trust Inc. now owns 3,123 shares of the company's stock valued at $51,000 after acquiring an additional 2,359 shares during the period. Institutional investors and hedge funds own 73.46% of the company's stock.
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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