Unity Software Inc. (NYSE:U) SVP Sells $285,826.41 in Stock

Unity Software Inc. (NYSE:U) SVP Felix The sold 11,719 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $24.39, for a total transaction of $285,826.41. Following the transaction, the senior vice president now owns 411,960 shares in the company, valued at $10,047,704.40. The trade was a 2.77 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Felix The also recently made the following trade(s):

• On Thursday, September 12th, Felix The sold 30,000 shares of Unity Software stock. The shares were sold at an average price of $17.89, for a total transaction of $536,700.00.

Unity Software Stock Performance

Shares of U stock opened at $23.48 on Thursday. The stock has a fifty day moving average of $21.18 and a 200 day moving average of $18.64. Unity Software Inc. has a 52 week low of $13.90 and a 52 week high of $43.54. The firm has a market capitalization of $9.46 billion, a price-to-earnings ratio of -11.51 and a beta of 2.29. The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 0.70.

Analyst Upgrades and Downgrades

U has been the topic of a number of recent research reports. The Goldman Sachs Group reduced their price target on shares of Unity Software from $26.00 to $22.50 and set a “neutral” rating on the stock in a research report on Friday, August 9th. Macquarie increased their price objective on Unity Software from $15.00 to $16.00 and gave the company an “underperform” rating in a research note on Friday, November 8th. JMP Securities reissued a “market perform” rating on shares of Unity Software in a research note on Friday, September 13th. Needham & Company LLC increased their price objective on Unity Software from $23.00 to $26.00 and gave the company a “buy” rating in a research note on Friday, November 8th. Finally, Benchmark increased their price objective on Unity Software from $10.00 to $15.00 and gave the company a “sell” rating in a research note on Friday, November 8th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, Unity Software currently has a consensus rating of “Hold” and an average price target of $23.35.

Hedge Funds Weigh In On Unity Software

A number of institutional investors have recently added to or reduced their stakes in U. GAMMA Investing LLC raised its holdings in Unity Software by 343.8% in the third 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 bought a new position in Unity Software in the third quarter worth $34,000. Northwestern Mutual Wealth Management Co. raised its holdings in 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 purchasing an additional 1,389 shares in the last quarter. Brooklyn Investment Group bought a new position in Unity Software in the third quarter worth $43,000. Finally, Blue Trust Inc. raised its holdings in Unity Software by 308.8% in the second quarter. Blue Trust Inc. now owns 3,123 shares of the company’s stock worth $51,000 after purchasing an additional 2,359 shares in the last quarter. Institutional investors 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.