Unity Software Inc. (NYSE:U – Get Free Report) CAO Mark Barrysmith sold 29,599 shares of Unity Software stock in a transaction on Monday, November 24th. The shares were sold at an average price of $41.41, for a total value of $1,225,694.59. Following the sale, the chief accounting officer directly owned 422,570 shares of the company’s stock, valued at $17,498,623.70. This represents a 6.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Mark Barrysmith also recently made the following trade(s):
- On Tuesday, November 25th, Mark Barrysmith sold 13,684 shares of Unity Software stock. The stock was sold at an average price of $41.38, for a total value of $566,243.92.
- On Monday, November 17th, Mark Barrysmith sold 817 shares of Unity Software stock. The shares were sold at an average price of $36.60, for a total value of $29,902.20.
- On Thursday, October 16th, Mark Barrysmith sold 802 shares of Unity Software stock. The stock was sold at an average price of $36.22, for a total value of $29,048.44.
- On Tuesday, September 16th, Mark Barrysmith sold 645 shares of Unity Software stock. The stock was sold at an average price of $46.52, for a total transaction of $30,005.40.
Unity Software Price Performance
Unity Software stock traded down $0.05 during mid-day trading on Wednesday, hitting $42.53. 5,579,742 shares of the company traded hands, compared to its average volume of 11,880,114. Unity Software Inc. has a one year low of $15.33 and a one year high of $46.94. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.78 and a current ratio of 2.78. The stock has a market cap of $18.20 billion, a price-to-earnings ratio of -40.51 and a beta of 2.37. The stock has a fifty day moving average price of $39.14 and a 200-day moving average price of $33.82.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on U. Zacks Research lowered shares of Unity Software from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 13th. Citigroup boosted their price target on shares of Unity Software from $50.00 to $52.00 and gave the stock a “buy” rating in a research note on Tuesday, November 11th. Arete Research raised Unity Software to a “hold” rating in a research note on Thursday, October 16th. Weiss Ratings reissued a “sell (d-)” rating on shares of Unity Software in a research note on Wednesday, October 8th. Finally, Needham & Company LLC raised their price target on Unity Software from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $38.52.
Check Out Our Latest Analysis on Unity Software
Hedge Funds Weigh In On Unity Software
A number of hedge funds have recently modified their holdings of the company. CX Institutional purchased a new position in shares of Unity Software during the 2nd quarter valued at $25,000. Root Financial Partners LLC bought a new stake in Unity Software during the third quarter valued at about $27,000. Banque Transatlantique SA purchased a new position in shares of Unity Software in the first quarter valued at about $28,000. Atlantic Union Bankshares Corp bought a new position in shares of Unity Software in the second quarter worth about $28,000. Finally, Larson Financial Group LLC grew its position in shares of Unity Software by 88.1% during the third quarter. Larson Financial Group LLC now owns 728 shares of the company’s stock worth $29,000 after purchasing an additional 341 shares in the last quarter. 73.46% of the stock is currently owned by institutional investors.
About Unity Software
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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