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

Unity Software Inc. (NYSE:U) CAO Mark Barrysmith sold 1,362 shares of the business’s stock in a transaction 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 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 sale was disclosed in a legal filing 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 shares were 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 stock was sold at an average price of $24.38, for a total transaction of $197,770.56.

Unity Software Stock Performance

U stock opened at $21.73 on Monday. The company has a 50 day moving average price of $23.04 and a 200 day moving average price of $20.07. Unity Software Inc. has a fifty-two week low of $13.90 and a fifty-two week high of $35.56. 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 stock has a market capitalization of $8.75 billion, a PE ratio of -10.65 and a beta of 2.32.

Analyst Ratings Changes

Several brokerages recently issued reports on U. Macquarie boosted their price target on Unity Software from $15.00 to $16.00 and gave the company an “underperform” rating in a research note on Friday, November 8th. Morgan Stanley boosted their price objective on Unity Software from $24.00 to $26.00 and gave the company an “overweight” rating in a research report on Monday, January 13th. Oppenheimer reaffirmed a “market perform” rating on shares of Unity Software in a research report on Friday, October 18th. Benchmark boosted their price target on shares of Unity Software from $10.00 to $15.00 and gave the company a “sell” rating in a report on Friday, November 8th. Finally, Jefferies Financial Group raised their price objective on shares of Unity Software from $20.00 to $23.00 and gave the stock a “buy” rating in a report on Monday, January 6th. 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 stock. According to data from MarketBeat, Unity Software presently has a consensus rating of “Hold” and an average target price of $22.58.

Institutional Investors Weigh In On Unity Software

Institutional investors and hedge funds have recently made changes to their positions in the company. GAMMA Investing LLC raised its holdings in Unity Software by 33.6% during the 4th quarter. GAMMA Investing LLC now owns 1,636 shares of the company’s stock worth $37,000 after purchasing an additional 411 shares during the last quarter. Farther Finance Advisors LLC grew 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 worth $315,000 after buying an additional 538 shares during the period. Tidal Investments LLC lifted its holdings in Unity Software by 4.9% in the third quarter. Tidal Investments LLC now owns 15,410 shares of the company’s stock valued at $349,000 after buying an additional 723 shares during the period. Venturi Wealth Management LLC lifted its holdings in Unity Software by 28.7% in the third quarter. Venturi Wealth Management LLC now owns 3,923 shares of the company’s stock valued at $89,000 after buying an additional 876 shares during the period. Finally, Intech Investment Management LLC grew its holdings in Unity Software by 8.2% during the 2nd quarter. Intech Investment Management LLC now owns 13,270 shares of the company’s stock worth $216,000 after acquiring an additional 1,010 shares during the period. 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.