Unity Software Inc. (NYSE:U – Get Free Report) CAO Mark Barrysmith sold 817 shares of Unity Software stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $36.60, for a total transaction of $29,902.20. Following the completion of the transaction, the chief accounting officer directly owned 452,169 shares in the company, valued at approximately $16,549,385.40. This trade represents a 0.18% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Mark Barrysmith also recently made the following trade(s):
- On Thursday, October 16th, Mark Barrysmith sold 802 shares of Unity Software stock. The shares were sold at an average price of $36.22, for a total transaction of $29,048.44.
- On Tuesday, September 16th, Mark Barrysmith sold 645 shares of Unity Software stock. The shares were sold at an average price of $46.52, for a total transaction of $30,005.40.
Unity Software Stock Up 2.6%
U stock traded up $1.01 during midday trading on Thursday, reaching $40.23. The company had a trading volume of 2,634,495 shares, compared to its average volume of 11,921,803. The company has a 50 day moving average of $39.51 and a two-hundred day moving average of $33.20. The company has a market capitalization of $17.21 billion, a P/E ratio of -38.50 and a beta of 2.37. Unity Software Inc. has a 1 year low of $15.33 and a 1 year high of $46.94. The company has a current ratio of 2.78, a quick ratio of 2.78 and a debt-to-equity ratio of 0.70.
Wall Street Analyst Weigh In
U has been the topic of several recent research reports. HSBC lowered shares of Unity Software from a “buy” rating to a “hold” rating and raised their price objective for the company from $37.50 to $40.80 in a research report on Tuesday, September 30th. Deutsche Bank Aktiengesellschaft began coverage on shares of Unity Software in a report on Wednesday, October 22nd. They set a “hold” rating and a $39.00 price target on the stock. Wells Fargo & Company lifted their price objective on shares of Unity Software from $37.00 to $42.00 and gave the company an “equal weight” rating in a research note on Friday, November 7th. Wedbush upped their price objective on shares of Unity Software from $42.00 to $50.00 and gave the stock an “outperform” rating in a report on Thursday, November 6th. Finally, Arete Research upgraded Unity Software to a “hold” rating in a report on Thursday, October 16th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $38.52.
Get Our Latest Stock Report on Unity Software
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC increased its stake in shares of Unity Software by 10.8% in the third quarter. GAMMA Investing LLC now owns 2,967 shares of the company’s stock worth $119,000 after purchasing an additional 288 shares during the period. Newbridge Financial Services Group Inc. boosted its position in shares of Unity Software by 12.9% in the third quarter. Newbridge Financial Services Group Inc. now owns 2,696 shares of the company’s stock valued at $108,000 after acquiring an additional 308 shares during the period. Xponance Inc. grew its stake in shares of Unity Software by 1.8% in the third quarter. Xponance Inc. now owns 18,291 shares of the company’s stock worth $732,000 after acquiring an additional 328 shares during the last quarter. Larson Financial Group LLC raised its stake in Unity Software by 88.1% during the 3rd quarter. Larson Financial Group LLC now owns 728 shares of the company’s stock valued at $29,000 after purchasing an additional 341 shares during the last quarter. Finally, Allworth Financial LP boosted its holdings in Unity Software by 28.4% in the 2nd quarter. Allworth Financial LP now owns 1,865 shares of the company’s stock valued at $45,000 after purchasing an additional 412 shares during the period. Institutional investors and hedge funds own 73.46% of the company’s stock.
Unity Software Company Profile
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.
Featured Articles
- Five stocks we like better than Unity Software
- Dividend Screener: How to Evaluate Dividend Stocks Before Buying
- NVIDIA Just Proved the AI Boom Is Bigger Than Anyone Thought
- What is a support level?
- Why Target Stock May Keep Falling Despite a 5% Dividend Yield
- Insider Buying Explained: What Investors Need to Know
- Is Tesla Setting Up for a Year-End Rebound—or a Collapse?
Receive News & Ratings for Unity Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unity Software and related companies with MarketBeat.com's FREE daily email newsletter.
