Anirma Gupta Sells 465 Shares of Unity Software Inc. (NYSE:U) Stock

Unity Software Inc. (NYSE:U) SVP Anirma Gupta sold 465 shares of Unity Software stock in a transaction 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 sale, the senior vice president now directly owns 574,890 shares of the company’s stock, valued at approximately $12,463,615.20. This trade represents a 0.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

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

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

Unity Software Stock Performance

U opened at $21.48 on Thursday. Unity Software Inc. has a 52-week low of $13.90 and a 52-week high of $33.43. The firm has a market capitalization of $8.65 billion, a PE ratio of -10.53 and a beta of 2.32. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.41 and a current ratio of 2.41. The business’s 50-day simple moving average is $22.42 and its 200 day simple moving average is $20.94.

Analyst Ratings Changes

A number of brokerages recently commented on U. Wells Fargo & Company initiated coverage on Unity Software in a research note on Monday, October 28th. They set an “equal weight” rating and a $20.00 price objective for the company. Jefferies Financial Group lifted their target price on Unity Software from $20.00 to $23.00 and gave the stock a “buy” rating in a report on Monday, January 6th. Wedbush reiterated an “outperform” rating and set a $27.00 target price on shares of Unity Software in a report on Thursday, February 13th. UBS Group lifted their target price on Unity Software from $21.00 to $23.00 and gave the stock a “neutral” rating in a report on Wednesday, January 22nd. Finally, Benchmark lifted their target price on Unity Software from $10.00 to $15.00 and gave the stock a “sell” rating in a report on Friday, November 8th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $22.81.

Institutional Trading of Unity Software

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. raised its holdings in Unity Software by 2.1% during the fourth quarter. Vanguard Group Inc. now owns 31,123,035 shares of the company’s stock worth $699,335,000 after acquiring an additional 625,872 shares in the last quarter. Capital International Investors increased its position in Unity Software by 10.4% during the fourth quarter. Capital International Investors now owns 18,886,853 shares of the company’s stock worth $424,388,000 after buying an additional 1,786,032 shares during the last quarter. Norges Bank acquired a new position in Unity Software during the fourth quarter worth approximately $269,320,000. Geode Capital Management LLC increased its position in Unity Software by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 4,769,609 shares of the company’s stock worth $107,208,000 after buying an additional 84,480 shares during the last quarter. Finally, Slate Path Capital LP acquired a new position in Unity Software during the fourth quarter worth approximately $62,387,000. Institutional investors own 73.46% of the company’s stock.

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.