Unity Software Inc. (NYSE:U) SVP Sells $10,081.20 in Stock

Unity Software Inc. (NYSE:U) SVP Anirma Gupta sold 465 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $21.68, for a total value of $10,081.20. Following the completion of the transaction, the senior vice president now directly owns 574,890 shares in the company, valued at $12,463,615.20. The trade was a 0.08 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Anirma Gupta also recently made the following trade(s):

• On Wednesday, January 15th, Anirma Gupta sold 456 shares of Unity Software stock. The stock was sold at an average price of $22.96, for a total value of $10,469.76.

Unity Software Price Performance

U traded up $0.31 during trading on Tuesday, hitting $21.82. 11,199,829 shares of the stock traded hands, compared to its average volume of 9,058,359. The business has a 50 day moving average price of $22.61 and a 200 day moving average price of $20.89. 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 twelve month low of $13.90 and a twelve month high of $33.43. The company has a market cap of $8.79 billion, a price-to-earnings ratio of -10.69 and a beta of 2.32.

Analyst Ratings Changes

Several research firms have weighed in on U. Jefferies Financial Group increased their price objective on Unity Software from $20.00 to $23.00 and gave the stock a “buy” rating in a research report on Monday, January 6th. JMP Securities reaffirmed a “market perform” rating on shares of Unity Software in a research report on Monday, February 3rd. UBS Group boosted their price objective on shares of Unity Software from $21.00 to $23.00 and gave the company a “neutral” rating in a report on Wednesday, January 22nd. Wedbush reaffirmed an “outperform” rating and set a $27.00 target price on shares of Unity Software in a report on Thursday, February 13th. Finally, Barclays boosted their price target on Unity Software from $16.00 to $18.00 and gave the company an “equal weight” rating in a research note on Friday, November 8th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, Unity Software has an average rating of “Hold” and an average price target of $22.81.

Hedge Funds Weigh In On Unity Software

Several hedge funds and other institutional investors have recently modified their holdings of U. Norges Bank acquired a new position in Unity Software during the 4th quarter worth approximately $269,320,000. Slate Path Capital LP bought a new stake in shares of Unity Software during the fourth quarter worth $62,387,000. Capital International Investors increased its holdings in shares of Unity Software by 10.4% during the fourth quarter. Capital International Investors now owns 18,886,853 shares of the company’s stock worth $424,388,000 after buying an additional 1,786,032 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Unity Software by 3,843.9% in the 4th quarter. Ameriprise Financial Inc. now owns 1,769,948 shares of the company’s stock valued at $39,771,000 after acquiring an additional 1,725,070 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Unity Software by 366.6% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,936,131 shares of the company’s stock valued at $43,505,000 after acquiring an additional 1,521,165 shares in the last quarter. Institutional investors own 73.46% of the company’s stock.

About Unity Software

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.