15,000 Shares in Unity Software Inc. (NYSE:U) Purchased by Augustine Asset Management Inc.

Augustine Asset Management Inc. purchased a new position in shares of Unity Software Inc. (NYSE:U - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 15,000 shares of the company's stock, valued at approximately $337,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in U. GAMMA Investing LLC increased its position in Unity Software by 343.8% during 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 last quarter. R Squared Ltd acquired a new position in shares of Unity Software during the 4th quarter worth approximately $30,000. Planning Capital Management Corp bought a new stake in Unity Software in the 3rd quarter valued at $34,000. Brooklyn Investment Group acquired a new stake in Unity Software during the 3rd quarter valued at $43,000. Finally, Versant Capital Management Inc boosted its position in Unity Software by 186.9% during the fourth quarter. Versant Capital Management Inc now owns 2,812 shares of the company's stock worth $63,000 after purchasing an additional 1,832 shares during the period. Institutional investors own 73.46% of the company's stock.

Unity Software Price Performance

U traded up $0.83 during trading on Friday, hitting $21.57. 9,436,891 shares of the stock traded hands, compared to its average volume of 6,872,919. The business has a 50 day moving average price of $22.73 and a 200 day moving average price of $20.81. The company has a market cap of $8.69 billion, a price-to-earnings ratio of -10.57 and a beta of 2.32. Unity Software Inc. has a twelve month low of $13.90 and a twelve month high of $35.56. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.41 and a quick ratio of 2.41.

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Insider Transactions at Unity Software

In other Unity Software news, Director Tomer Bar-Zeev sold 166,667 shares of the business's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $20.99, for a total transaction of $3,498,340.33. Following the sale, the director now owns 3,481,479 shares of the company's stock, valued at approximately $73,076,244.21. The trade was a 4.57 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Mark Barrysmith sold 1,362 shares of the stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $21.91, for a total value of $29,841.42. Following the completion of 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 ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 681,154 shares of company stock valued at $16,639,520. Corporate insiders own 6.30% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. UBS Group raised their target price on shares of Unity Software from $21.00 to $23.00 and gave the stock a "neutral" rating in a research note on Wednesday, January 22nd. JMP Securities reissued a "market perform" rating on shares of Unity Software in a report on Monday, February 3rd. Benchmark upped their price target on shares of Unity Software from $10.00 to $15.00 and gave the company a "sell" rating in a research note on Friday, November 8th. Wedbush reaffirmed an "outperform" rating and set a $27.00 price target on shares of Unity Software in a research report on Thursday. Finally, Jefferies Financial Group boosted their price objective on shares of Unity Software from $20.00 to $23.00 and gave the company a "buy" rating in a report on Monday, January 6th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $22.81.

Unity Software 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.