Unity Software Inc. (NYSE:U) CAO Mark Barrysmith Sells 1,362 Shares

by · The Markets Daily

Unity Software Inc. (NYSE:U – Get Free Report) CAO Mark Barrysmith sold 1,362 shares of Unity Software stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $21.91, for a total transaction of $29,841.42. Following the completion of the sale, the chief accounting officer now directly owns 452,276 shares of the company’s stock, valued at $9,909,367.16. The trade was a 0.30 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Mark Barrysmith also recently made the following trade(s):

  • On Monday, December 16th, Mark Barrysmith sold 1,228 shares of Unity Software stock. The stock was sold at an average price of $24.44, for a total value of $30,012.32.
  • On Monday, November 25th, Mark Barrysmith sold 8,112 shares of Unity Software stock. The shares were sold at an average price of $24.38, for a total value of $197,770.56.

Unity Software Stock Down 0.4 %

Unity Software stock traded down $0.08 during midday trading on Friday, hitting $21.67. 3,753,155 shares of the company were exchanged, compared to its average volume of 11,004,868. The company has a market cap of $8.73 billion, a PE ratio of -10.63 and a beta of 2.32. Unity Software Inc. has a fifty-two week low of $13.90 and a fifty-two week high of $35.56. The company’s fifty day moving average price is $23.02 and its 200-day moving average price is $20.00. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.41 and a quick ratio of 2.41.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in U. GAMMA Investing LLC grew its stake in Unity Software by 343.8% during the 3rd quarter. GAMMA Investing LLC now owns 1,225 shares of the company’s stock valued at $28,000 after purchasing an additional 949 shares in the last quarter. Planning Capital Management Corp purchased a new position in shares of Unity Software during the 3rd quarter valued at approximately $34,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Unity Software by 163.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,241 shares of the company’s stock worth $36,000 after buying an additional 1,389 shares in the last quarter. Brooklyn Investment Group bought a new stake in shares of Unity Software in the third quarter worth $43,000. Finally, Versant Capital Management Inc grew its holdings in Unity Software by 186.9% during the 4th quarter. Versant Capital Management Inc now owns 2,812 shares of the company’s stock worth $63,000 after acquiring an additional 1,832 shares in the last quarter. 73.46% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on U shares. UBS Group raised their price target on Unity Software from $15.00 to $20.00 and gave the stock a “neutral” rating in a research note on Friday, October 18th. Morgan Stanley boosted their target price on shares of Unity Software from $24.00 to $26.00 and gave the company an “overweight” rating in a report on Monday. Jefferies Financial Group increased their price target on shares of Unity Software from $20.00 to $23.00 and gave the stock a “buy” rating in a research note on Monday, January 6th. Macquarie lifted their price target on shares of Unity Software from $15.00 to $16.00 and gave the company an “underperform” rating in a report on Friday, November 8th. Finally, Needham & Company LLC upped 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. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Unity Software presently has an average rating of “Hold” and an average price target of $22.58.

Check Out Our Latest Research Report on Unity Software

About Unity Software

(Get Free Report)

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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