Felix The Sells 20,000 Shares of Unity Software Inc. (NYSE:U) Stock

Unity Software Inc. (NYSE:U) SVP Felix The sold 20,000 shares of Unity Software stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of $27.43, for a total value of $548,600.00. Following the completion of the transaction, the senior vice president now owns 391,960 shares of the company’s stock, valued at approximately $10,751,462.80. The trade was a 4.85 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

• On Monday, November 25th, Felix The sold 11,719 shares of Unity Software stock. The shares were sold at an average price of $24.39, for a total value of $285,826.41.
• 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 value of $536,700.00.

Unity Software Price Performance

Shares of NYSE:U opened at $26.39 on Wednesday. The company’s fifty day moving average is $21.78 and its two-hundred day moving average is $18.85. The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 0.70. Unity Software Inc. has a 12-month low of $13.90 and a 12-month high of $43.54. The company has a market cap of $10.63 billion, a P/E ratio of -13.43 and a beta of 2.33.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on U shares. Oppenheimer reiterated a “market perform” rating on shares of Unity Software in a research report on Friday, October 18th. Macquarie boosted their target price on Unity Software from $15.00 to $16.00 and gave the stock an “underperform” rating in a report on Friday, November 8th. UBS Group boosted their target price on Unity Software from $15.00 to $20.00 and gave the stock a “neutral” rating in a report on Friday, October 18th. Barclays boosted their target price on Unity Software from $16.00 to $18.00 and gave the stock an “equal weight” rating in a report on Friday, November 8th. Finally, Morgan Stanley raised Unity Software from an “equal weight” rating to an “overweight” rating and set a $22.00 target price on the stock in a report on Tuesday, September 3rd. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, Unity Software currently has a consensus rating of “Hold” and a consensus target price of $23.35.

Institutional Trading of Unity Software

Several large investors have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Unity Software by 56.3% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 14,234 shares of the company’s stock valued at $231,000 after acquiring an additional 5,128 shares in the last quarter. 180 Wealth Advisors LLC purchased a new position in shares of Unity Software during the 2nd quarter valued at $215,000. SteelPeak Wealth LLC grew its holdings in shares of Unity Software by 30.2% during the 2nd quarter. SteelPeak Wealth LLC now owns 58,926 shares of the company’s stock valued at $958,000 after acquiring an additional 13,658 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Unity Software by 308.8% during the 2nd quarter. Blue Trust Inc. now owns 3,123 shares of the company’s stock valued at $51,000 after acquiring an additional 2,359 shares in the last quarter. Finally, Pasadena Private Wealth LLC purchased a new position in shares of Unity Software during the 2nd quarter valued at $211,000. 73.46% of the stock is owned by institutional investors and hedge funds.

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.