Insider Selling: Unity Software Inc. (NYSE:U) SVP Sells $838,810.00 in Stock

Unity Software Inc. (NYSE:U) SVP Ruth Ann Keene sold 7,000 shares of Unity Software stock in a transaction that occurred on Monday, January 10th. The shares were sold at an average price of $119.83, for a total transaction of $838,810.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Ruth Ann Keene also recently made the following trade(s):

  • On Monday, November 29th, Ruth Ann Keene sold 6,678 shares of Unity Software stock. The shares were sold at an average price of $175.35, for a total transaction of $1,170,987.30.

Shares of NYSE U opened at $117.92 on Friday. Unity Software Inc. has a 52-week low of $76.00 and a 52-week high of $210.00. The firm has a fifty day moving average of $153.53 and a 200-day moving average of $134.68. The stock has a market capitalization of $33.73 billion, a PE ratio of -71.90 and a beta of 2.29.

Unity Software (NYSE:U) last announced its quarterly earnings data on Tuesday, November 9th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.33) by $0.27. Unity Software had a negative net margin of 44.77% and a negative return on equity of 19.10%. The company had revenue of $286.33 million during the quarter, compared to analysts’ expectations of $266.14 million. During the same period in the previous year, the company earned ($0.50) EPS. On average, sell-side analysts forecast that Unity Software Inc. will post -1.37 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently made changes to their positions in U. Shell Asset Management Co. purchased a new stake in Unity Software during the 2nd quarter worth $25,000. Parkside Financial Bank & Trust boosted its position in Unity Software by 6,700.0% during the 3rd quarter. Parkside Financial Bank & Trust now owns 204 shares of the company’s stock worth $26,000 after purchasing an additional 201 shares during the period. Albion Financial Group UT purchased a new stake in Unity Software during the 2nd quarter worth $27,000. Liberty Wealth Management LLC boosted its position in Unity Software by 376.7% during the 3rd quarter. Liberty Wealth Management LLC now owns 205 shares of the company’s stock worth $32,000 after purchasing an additional 162 shares during the period. Finally, FORA Capital LLC purchased a new stake in Unity Software during the 2nd quarter worth $47,000. 77.43% of the stock is owned by institutional investors.

U has been the subject of a number of research reports. Zacks Investment Research upgraded shares of Unity Software from a “sell” rating to a “hold” rating in a research report on Wednesday. Credit Suisse Group lifted their price objective on Unity Software from $160.00 to $185.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 10th. Piper Sandler lifted their price objective on Unity Software from $152.00 to $180.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 10th. Barclays lifted their price objective on Unity Software from $105.00 to $162.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 10th. Finally, Oppenheimer lifted their price objective on Unity Software from $125.00 to $185.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 10th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and ten have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $161.83.

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.

Recommended Story: How a Back-End Load Mutual Fund Works

Insider Buying and Selling by Quarter for Unity Software (NYSE:U)

Receive News & Ratings for Unity Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unity Software and related companies with MarketBeat.com's FREE daily email newsletter.