Felix The Sells 20,000 Shares of Unity Software Inc. (NYSE:U) Stock

Unity Software Inc. (NYSE:U) SVP Felix The sold 20,000 shares of Unity Software stock in a transaction that occurred on Friday, December 6th. The stock was sold at an average price of $27.43, for a total transaction of $548,600.00. Following the completion of the transaction, the senior vice president now directly owns 391,960 shares in the company, valued at approximately $10,751,462.80. The trade was a 4.85 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Felix The also recently made the following trade(s):

• On Monday, November 25th, Felix The sold 11,719 shares of Unity Software stock. The stock was sold at an average price of $24.39, for a total transaction of $285,826.41.
• 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 Price Performance

Shares of U stock traded down $0.34 during mid-day trading on Monday, hitting $27.38. 14,061,755 shares of the stock were exchanged, compared to its average volume of 10,699,196. Unity Software Inc. has a 52-week low of $13.90 and a 52-week high of $43.54. The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 0.70. The company has a market cap of $11.03 billion, a PE ratio of -13.75 and a beta of 2.33. The firm has a fifty day moving average of $21.69 and a 200 day moving average of $18.80.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. JMP Securities restated a “market perform” rating on shares of Unity Software in a research note on Friday, September 13th. Stifel Nicolaus raised their target price on Unity Software from $20.00 to $25.00 and gave the stock a “buy” rating in a research note on Friday, September 13th. Wells Fargo & Company started coverage on Unity Software in a report on Monday, October 28th. They issued an “equal weight” rating and a $20.00 price objective on the stock. Oppenheimer reaffirmed a “market perform” rating on shares of Unity Software in a report on Friday, October 18th. Finally, UBS Group increased their price target on shares of Unity Software from $15.00 to $20.00 and gave the stock a “neutral” rating in a report on Friday, October 18th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $23.35.

Hedge Funds Weigh In On Unity Software

Hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC grew its position 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 valued at $28,000 after purchasing an additional 949 shares during the period. Planning Capital Management Corp purchased a new stake in Unity Software during the 3rd quarter worth approximately $34,000. Northwestern Mutual Wealth Management Co. boosted its stake in Unity Software by 163.0% during 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 last quarter. Brooklyn Investment Group acquired a new stake in shares of Unity Software in the third quarter valued at about $43,000. Finally, Blue Trust Inc. lifted its stake in shares of Unity Software by 308.8% in the second quarter. Blue Trust Inc. now owns 3,123 shares of the company’s stock worth $51,000 after buying an additional 2,359 shares in the last quarter. Hedge funds and other 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.