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 firm’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $24.39, for a total transaction of $285,826.41. Following the completion of the sale, the senior vice president now owns 411,960 shares in the company, valued at approximately $10,047,704.40. The trade was a 2.77 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available 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 Price Performance

Shares of U traded up $0.48 on Monday, hitting $24.01. The company’s stock had a trading volume of 17,071,672 shares, compared to its average volume of 10,615,024. The company has a 50 day moving average price of $21.06 and a 200 day moving average price of $18.59. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.41 and a quick ratio of 2.41. Unity Software Inc. has a fifty-two week low of $13.90 and a fifty-two week high of $43.54. The company has a market capitalization of $9.67 billion, a PE ratio of -11.77 and a beta of 2.29.

Analyst Ratings Changes

A number of brokerages have recently commented on U. Barclays upped their price objective on shares of Unity Software from $16.00 to $18.00 and gave the company an “equal weight” rating in a research report on Friday, November 8th. JMP Securities reaffirmed a “market perform” rating on shares of Unity Software in a report on Friday, September 13th. Needham & Company LLC lifted their price objective on Unity Software from $23.00 to $26.00 and gave the stock a “buy” rating in a report on Friday, November 8th. UBS Group upped their target price on Unity Software from $15.00 to $20.00 and gave the company a “neutral” rating in a research note on Friday, October 18th. Finally, Wedbush lifted their price target on shares of Unity Software from $21.00 to $27.00 and gave the stock an “outperform” rating in a research note on Monday, September 16th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $23.35.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. lifted its stake in shares of Unity Software by 9.6% during the first quarter. Russell Investments Group Ltd. now owns 12,752 shares of the company’s stock valued at $340,000 after acquiring an additional 1,113 shares during the period. UniSuper Management Pty Ltd grew its stake in shares of Unity Software by 105.9% during the first quarter. UniSuper Management Pty Ltd now owns 3,500 shares of the company’s stock worth $93,000 after purchasing an additional 1,800 shares during the period. Advisors Asset Management Inc. increased its holdings in Unity Software by 31.6% in the first quarter. Advisors Asset Management Inc. now owns 2,338 shares of the company’s stock valued at $62,000 after purchasing an additional 562 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in Unity Software by 187.8% in the first quarter. Price T Rowe Associates Inc. MD now owns 353,516 shares of the company’s stock valued at $9,440,000 after buying an additional 230,696 shares during the period. Finally, Tidal Investments LLC boosted its holdings in Unity Software by 512.6% during the first quarter. Tidal Investments LLC now owns 71,154 shares of the company’s stock worth $1,900,000 after buying an additional 59,538 shares during the last quarter. 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.