Unity Software Inc. (NYSE:U – Get Free Report) has an average rating of ‘Hold’ from the fifteen brokerages covering the company, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company. The average twelve-month price target among analysts who have updated their coverage of the stock in the past year is $22.21.
You have been the subject of several recent analyst reports. Oppenheimer reiterated a “market perform” rating for shares of Unity Software in a report on Friday, October 18th. Stifel Nicolaus raised their price target on Unity Software from $20.00 to $25.00 and gave the company a “buy” rating in a research report on Friday, September 13th. Macquarie raised their target price on Unity Software from $15.00 to $16.00 and gave the stock an “underperform” rating in a research note on Friday, November 8. Benchmark raised their price target on Unity Software from $10.00 to $15.00 and gave the company a “sell” rating in a research note on Friday, November 8th. Finally, Wells Fargo & Company initiated coverage on shares of Unity Software in a research report on Monday, October 28th. They issued an equalweight rating and a $20.00 price target for the company.
Read our latest research report on Unity software
Buying and selling with insider information
In related news, Director Tomer Bar-Zeev sold 250,000 shares in a transaction dated Friday, November 15. The shares sold at an average price of $17.52, for a total value of $4,380,000.00. Following the completion of the transaction, the director now owns 4,248,146 shares of the company’s stock, valued at $74,427,517.92. This represents a 5.56% decrease in their ownership of the shares. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Mark Barrysmith sold 1,228 shares of the company’s stock in a transaction that occurred on Monday, December 16th. The shares sold at an average price of $24.44, for a total value of $30,012.32. Following the completion of the sale, the chief financial officer now owns 453,638 shares of the company’s stock, valued at approximately $11,086,912.72. This represents a 0.27% decrease in their shareholdings. The explanation of this sale can be found here. Last quarter, insiders sold 512,669 shares of the company’s stock, valued at $11,225,869. 6.30% of the shares are owned by company insiders.
Institutional trading in Unity software
Several hedge funds have recently changed their positions in U. GAMMA Investing LLC increased its position 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 acquired a new position in shares of Unity Software during the third quarter valued at approximately $34,000. Northwestern Mutual Wealth Management Co. increased its position in Unity Software shares 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 purchasing an additional 1,389 shares in the last quarter. Brooklyn Investment Group acquired a new stake in shares of Unity Software in the third quarter worth approximately $43,000. Finally, Blue Trust Inc. its position in Unity Software increased 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 and hedge funds own 73.46% of the company’s shares.
Unity Software Stock Performance
Shares of U opened Monday at $22.34. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.41 and a quick ratio of 2.41. The company’s 50-day moving average is $22.32 and its 200-day moving average is $19.16. Unity Software has a 12-month low of $13.90 and a 12-month high of $43.54. The stock has a market cap of $9.00 billion, a price-to-earnings ratio of -10.95 and a beta of 2.33.
Unity Software Company Profile
(Get a free report
Unity Software Inc operates a real-time 3D development platform. The platform provides software solutions for creating, executing and generating 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 stores 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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