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 business’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $21.68, for a total value of $10,081.20. Following the transaction, the senior vice president now directly owns 574,890 shares in the company, valued at approximately $12,463,615.20. This trade represents a 0.08 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

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

Unity Software Stock Down 1.6 %

NYSE U opened at $21.48 on Thursday. The business has a fifty day moving average price of $22.42 and a two-hundred day moving average price of $20.94. 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 $33.43. The stock has a market capitalization of $8.65 billion, a PE ratio of -10.53 and a beta of 2.32.

Institutional Investors Weigh In On Unity Software

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. GAMMA Investing LLC lifted its stake in shares of Unity Software by 33.6% in the 4th quarter. GAMMA Investing LLC now owns 1,636 shares of the company’s stock valued at $37,000 after acquiring an additional 411 shares during the last quarter. Principal Securities Inc. lifted its stake in shares of Unity Software by 50.5% in the 4th quarter. Principal Securities Inc. now owns 1,422 shares of the company’s stock valued at $32,000 after acquiring an additional 477 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in shares of Unity Software by 3.5% in the 4th quarter. Farther Finance Advisors LLC now owns 14,435 shares of the company’s stock valued at $324,000 after acquiring an additional 488 shares during the last quarter. Tidal Investments LLC lifted its stake in shares of Unity Software by 4.9% in the 3rd quarter. Tidal Investments LLC now owns 15,410 shares of the company’s stock valued at $349,000 after acquiring an additional 723 shares during the last quarter. Finally, Venturi Wealth Management LLC lifted its stake in shares of Unity Software by 28.7% in the 3rd quarter. Venturi Wealth Management LLC now owns 3,923 shares of the company’s stock valued at $89,000 after acquiring an additional 876 shares during the last quarter. 73.46% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Barclays upped their target price on 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 research report on Monday, February 3rd. Wedbush reaffirmed an “outperform” rating and issued a $27.00 target price on shares of Unity Software in a research report on Thursday, February 13th. UBS Group upped their target price on Unity Software from $21.00 to $23.00 and gave the company a “neutral” rating in a research report on Wednesday, January 22nd. Finally, Benchmark upped their target price on Unity Software from $10.00 to $15.00 and gave the company a “sell” rating in a research report on Friday, November 8th. 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’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $22.81.

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.