Unity Software Inc. (NYSE:U) SVP Ralph Hauwert sold 6,917 shares of the stock in a transaction that occurred on Wednesday, June 9th. The shares were sold at an average price of $99.11, for a total value of $685,543.87. Following the completion of the sale, the senior vice president now directly owns 134,738 shares of the company’s stock, valued at $13,353,883.18. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.
Shares of NYSE:U traded down $0.81 during midday trading on Friday, reaching $100.00. The company’s stock had a trading volume of 45,151 shares, compared to its average volume of 4,052,285. Unity Software Inc. has a fifty-two week low of $65.11 and a fifty-two week high of $174.94. The company has a market capitalization of $27.94 billion and a P/E ratio of -86.91. The stock’s fifty day simple moving average is $95.86.
Unity Software (NYSE:U) last announced its earnings results on Tuesday, May 11th. The company reported ($0.10) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.12) by $0.02. The business had revenue of $234.80 million during the quarter, compared to analyst estimates of $217.08 million. During the same quarter last year, the business posted ($0.11) earnings per share. The business’s quarterly revenue was up 40.6% compared to the same quarter last year. On average, equities research analysts anticipate that Unity Software Inc. will post -1.19 EPS for the current year.
Large investors have recently made changes to their positions in the company. Carroll Financial Associates Inc. acquired a new stake in shares of Unity Software in the first quarter valued at $25,000. BerganKDV Wealth Management LLC acquired a new stake in Unity Software in the first quarter worth about $25,000. Sugarloaf Wealth Management LLC acquired a new stake in Unity Software in the first quarter worth about $30,000. Wagner Wealth Management LLC acquired a new stake in Unity Software in the first quarter worth about $31,000. Finally, Sandy Spring Bank increased its position in Unity Software by 494.7% in the first quarter. Sandy Spring Bank now owns 446 shares of the company’s stock worth $45,000 after purchasing an additional 371 shares during the period. Institutional investors own 75.72% 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.
See Also: Retained Earnings
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