Unity Software Inc. (NYSE:U) SVP Felix The Sells 11,719 Shares

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 shares were sold at an average price of $24.39, for a total value of $285,826.41. Following the transaction, the senior vice president now owns 411,960 shares of the company’s stock, valued at $10,047,704.40. The trade was a 2.77 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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 value of $536,700.00.

Unity Software Stock Performance

NYSE:U opened at $23.48 on Thursday. 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 1 year low of $13.90 and a 1 year high of $43.54. The stock’s 50 day simple moving average is $21.18 and its two-hundred day simple moving average is $18.64. The company has a market cap of $9.46 billion, a price-to-earnings ratio of -11.51 and a beta of 2.29.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. JMP Securities restated a “market perform” rating on shares of Unity Software in a report on Friday, September 13th. The Goldman Sachs Group reduced their price objective on Unity Software from $26.00 to $22.50 and set a “neutral” rating for the company in a report on Friday, August 9th. UBS Group raised their target price on Unity Software from $15.00 to $20.00 and gave the stock a “neutral” rating in a research report on Friday, October 18th. Wells Fargo & Company assumed coverage on Unity Software in a research report on Monday, October 28th. They issued an “equal weight” rating and a $20.00 target price on the stock. Finally, Wedbush lifted their price objective on Unity Software from $21.00 to $27.00 and gave the company an “outperform” rating in a research report on Monday, September 16th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the company. Based on data from MarketBeat, Unity Software currently has a consensus rating of “Hold” and a consensus target price of $23.35.

Institutional Trading of Unity Software

A number of large investors have recently added to or reduced their stakes in U. Farther Finance Advisors LLC increased its position in shares of Unity Software by 4.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 13,947 shares of the company’s stock valued at $315,000 after purchasing an additional 538 shares during the last quarter. Advisors Asset Management Inc. increased its position in shares of Unity Software by 31.6% during the 1st 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. Tidal Investments LLC increased its position in shares of Unity Software by 4.9% during the 3rd quarter. Tidal Investments LLC now owns 15,410 shares of the company’s stock valued at $349,000 after purchasing an additional 723 shares during the last quarter. Venturi Wealth Management LLC increased its position in shares of Unity Software by 28.7% during the 3rd quarter. Venturi Wealth Management LLC now owns 3,923 shares of the company’s stock valued at $89,000 after purchasing an additional 876 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in shares of 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 during 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.