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 that occurred on Thursday, January 16th. The shares were sold at an average price of $21.91, for a total value of $29,841.42. Following the transaction, the chief accounting officer now owns 452,276 shares of the company’s stock, valued at $9,909,367.16. This represents a 0.30 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 transaction 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 Down 0.1 %

U stock opened at $21.73 on Friday. 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 12 month low of $13.90 and a 12 month high of $35.56. The firm has a 50 day simple moving average of $23.04 and a 200 day simple moving average of $20.04.

Analyst Upgrades and Downgrades

U has been the topic of several analyst reports. Jefferies Financial Group raised their price target on shares of Unity Software from $20.00 to $23.00 and gave the company a “buy” rating in a research note on Monday, January 6th. UBS Group raised their target price on Unity Software from $15.00 to $20.00 and gave the company a “neutral” rating in a research report on Friday, October 18th. Needham & Company LLC increased their price target on Unity Software from $23.00 to $26.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Macquarie lifted their price objective on shares of Unity Software from $15.00 to $16.00 and gave the company an “underperform” rating in a research note on Friday, November 8th. Finally, Oppenheimer reiterated a “market perform” rating on shares of Unity Software in a research report on Friday, October 18th. 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 company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $22.58.

Institutional Investors Weigh In On Unity Software

Several large investors have recently modified their holdings of the stock. GAMMA Investing LLC boosted its holdings in shares of 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 buying an additional 949 shares during the period. Planning Capital Management Corp purchased a new stake in shares of Unity Software in the 3rd quarter valued at approximately $34,000. Northwestern Mutual Wealth Management Co. boosted its stake in Unity Software by 163.0% in the 2nd 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 during the period. Brooklyn Investment Group purchased a new position in Unity Software during the 3rd quarter worth approximately $43,000. Finally, Versant Capital Management Inc raised its stake in Unity Software by 186.9% during the 4th quarter. Versant Capital Management Inc now owns 2,812 shares of the company’s stock valued at $63,000 after purchasing an additional 1,832 shares during the period. 73.46% of the stock is owned by institutional investors.

Unity Software Company Profile

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.