Insider Selling: Unity Software Inc. (NYSE:U) SVP Sells 1,037 Shares of Stock

Unity Software Inc. (NYSE:U - Get Free Report) SVP Anirma Gupta sold 1,037 shares of Unity Software stock in a transaction that occurred on Monday, April 29th. The shares were sold at an average price of $24.42, for a total value of $25,323.54. Following the completion of the sale, the senior vice president now owns 386,706 shares in the company, valued at $9,443,360.52. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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

  • On Monday, March 25th, Anirma Gupta sold 927 shares of Unity Software stock. The stock was sold at an average price of $26.93, for a total value of $24,964.11.

Unity Software Trading Down 2.9 %

U stock opened at $24.27 on Wednesday. The business has a fifty day moving average of $26.48 and a 200-day moving average of $30.36. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 0.85. The company has a market cap of $9.48 billion, a P/E ratio of -11.24 and a beta of 2.42. Unity Software Inc. has a twelve month low of $22.20 and a twelve month high of $50.08.


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Unity Software (NYSE:U - Get Free Report) last released its earnings results on Monday, February 26th. The company reported ($0.66) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by ($0.89). Unity Software had a negative net margin of 37.64% and a negative return on equity of 10.14%. The business had revenue of $609.27 million for the quarter, compared to analyst estimates of $551.01 million. During the same quarter in the previous year, the company posted ($0.50) earnings per share. The business's revenue for the quarter was up 35.1% on a year-over-year basis. As a group, equities research analysts expect that Unity Software Inc. will post -0.63 EPS for the current year.

Analyst Ratings Changes

U has been the topic of a number of analyst reports. Needham & Company LLC decreased their price objective on Unity Software from $40.00 to $31.00 and set a "buy" rating on the stock in a research note on Tuesday, February 27th. Piper Sandler raised shares of Unity Software from an "underweight" rating to a "neutral" rating and dropped their price objective for the stock from $35.00 to $30.00 in a research report on Tuesday, February 27th. Wedbush dropped their price target on shares of Unity Software from $50.00 to $33.50 and set an "outperform" rating on the stock in a research note on Tuesday, February 27th. Stifel Nicolaus boosted their price target on Unity Software from $32.00 to $35.00 and gave the stock a "buy" rating in a research note on Friday, March 1st. Finally, Barclays dropped their price objective on Unity Software from $30.00 to $28.00 and set an "equal weight" rating on the stock in a report on Tuesday, February 27th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $37.03.

View Our Latest Report on U

Hedge Funds Weigh In On Unity Software

Hedge funds and other institutional investors have recently bought and sold shares of the business. Tradewinds Capital Management LLC grew its position in shares of Unity Software by 245.6% during the 1st quarter. Tradewinds Capital Management LLC now owns 985 shares of the company's stock worth $26,000 after buying an additional 700 shares during the period. Harvest Fund Management Co. Ltd bought a new position in Unity Software during the 4th quarter worth approximately $27,000. Huntington National Bank grew its holdings in Unity Software by 665.0% during the third quarter. Huntington National Bank now owns 895 shares of the company's stock valued at $28,000 after purchasing an additional 778 shares during the period. GAMMA Investing LLC bought a new stake in Unity Software in the fourth quarter valued at approximately $28,000. Finally, Benjamin F. Edwards & Company Inc. raised its holdings in Unity Software by 2,429.3% in the first quarter. Benjamin F. Edwards & Company Inc. now owns 1,037 shares of the company's stock worth $28,000 after purchasing an additional 996 shares during the period. 73.46% of the stock is owned by institutional investors.

Unity Software Company Profile

(Get Free Report)

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.

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