Unity Software Inc. (NYSE:U - Get Free Report) CAO Mark Barrysmith sold 1,595 shares of the firm's stock in a transaction dated Wednesday, April 16th. The stock was sold at an average price of $18.43, for a total value of $29,395.85. Following the transaction, the chief accounting officer now owns 481,822 shares in the company, valued at approximately $8,879,979.46. This trade represents a 0.33 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Mark Barrysmith also recently made the following trade(s):
- On Monday, March 17th, Mark Barrysmith sold 1,445 shares of Unity Software stock. The stock was sold at an average price of $20.61, for a total transaction of $29,781.45.
- On Tuesday, February 25th, Mark Barrysmith sold 12,019 shares of Unity Software stock. The shares were sold at an average price of $25.42, for a total transaction of $305,522.98.
- On Tuesday, February 18th, Mark Barrysmith sold 1,395 shares of Unity Software stock. The stock was sold at an average price of $21.68, for a total transaction of $30,243.60.
Unity Software Price Performance
NYSE:U opened at $19.20 on Friday. The stock has a market capitalization of $7.86 billion, a PE ratio of -11.43 and a beta of 2.31. Unity Software Inc. has a 1-year low of $13.90 and a 1-year high of $30.88. The firm has a fifty day simple moving average of $21.53 and a 200 day simple moving average of $22.01. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 0.70.
Unity Software (NYSE:U - Get Free Report) last released its quarterly earnings data on Thursday, February 20th. The company reported ($0.30) earnings per share for the quarter, topping the consensus estimate of ($0.35) by $0.05. Unity Software had a negative net margin of 36.63% and a negative return on equity of 13.40%. The company had revenue of $457.10 million for the quarter, compared to analyst estimates of $433.47 million. On average, research analysts expect that Unity Software Inc. will post -1.25 EPS for the current fiscal year.
Analyst Ratings Changes
Several research analysts have weighed in on the company. Morgan Stanley reduced their target price on Unity Software from $32.00 to $25.00 and set an "overweight" rating on the stock in a report on Thursday. HSBC upgraded Unity Software from a "hold" rating to a "buy" rating and set a $34.00 price objective for the company in a research report on Friday, February 21st. Wells Fargo & Company lowered their price objective on shares of Unity Software from $22.00 to $19.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 8th. Citizens Jmp raised shares of Unity Software from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 11th. Finally, Citigroup upgraded Unity Software from a "neutral" rating to a "buy" rating and set a $30.00 target price for the company in a report on Tuesday, March 11th. Ten equities research analysts have rated the stock with a hold rating, six have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $23.96.
Check Out Our Latest Research Report on U
Institutional Trading of Unity Software
Hedge funds have recently made changes to their positions in the business. Anderson Financial Strategies LLC bought a new stake in Unity Software in the 4th quarter valued at $28,000. R Squared Ltd acquired a new position in shares of Unity Software in the fourth quarter valued at $30,000. Principal Securities Inc. raised its position in shares of Unity Software by 50.5% in the fourth quarter. Principal Securities Inc. now owns 1,422 shares of the company's stock valued at $32,000 after purchasing an additional 477 shares during the period. Point72 Asia Singapore Pte. Ltd. bought a new stake in shares of Unity Software during the 4th quarter worth about $36,000. Finally, GAMMA Investing LLC grew its stake in Unity Software by 33.6% in the 4th quarter. GAMMA Investing LLC now owns 1,636 shares of the company's stock valued at $37,000 after buying an additional 411 shares during the last quarter. 73.46% of the stock is owned by institutional investors and hedge funds.
About Unity Software
(
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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