Unity Software Inc. (NYSE:U) Shares Acquired by Benjamin Edwards Inc.

Benjamin Edwards Inc. increased its position in Unity Software Inc. (NYSE:U - Free Report) by 7,349.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,893 shares of the company's stock after purchasing an additional 26,532 shares during the quarter. Benjamin Edwards Inc.'s holdings in Unity Software were worth $608,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in U. Charles Schwab Investment Management Inc. boosted its stake in shares of Unity Software by 100.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,886,016 shares of the company's stock valued at $42,662,000 after buying an additional 944,709 shares during the last quarter. Magnetar Financial LLC bought a new stake in shares of Unity Software in the second quarter worth $2,535,000. CIBC Asset Management Inc raised its holdings in Unity Software by 2,665.4% in the third quarter. CIBC Asset Management Inc now owns 342,472 shares of the company's stock valued at $7,747,000 after acquiring an additional 330,088 shares in the last quarter. LMR Partners LLP bought a new position in Unity Software during the 3rd quarter valued at $611,000. Finally, Edgestream Partners L.P. grew its holdings in Unity Software by 637.9% during the 3rd quarter. Edgestream Partners L.P. now owns 102,899 shares of the company's stock worth $2,328,000 after acquiring an additional 88,955 shares in the last quarter. 73.46% of the stock is owned by institutional investors and hedge funds.

Unity Software Price Performance

Shares of NYSE:U traded up $0.09 during trading hours on Friday, hitting $27.72. The stock had a trading volume of 16,229,834 shares, compared to its average volume of 13,664,366. The stock's fifty day simple moving average is $21.69 and its 200 day simple moving average is $18.81. 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 1-year low of $13.90 and a 1-year high of $43.54.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. JMP Securities reaffirmed a "market perform" rating on shares of Unity Software in a research report on Friday, September 13th. Morgan Stanley raised Unity Software from an "equal weight" rating to an "overweight" rating and set a $22.00 target price on the stock in a report on Tuesday, September 3rd. Benchmark boosted their price target on Unity Software from $10.00 to $15.00 and gave the company a "sell" rating in a report on Friday, November 8th. Wedbush raised their price objective on Unity Software from $21.00 to $27.00 and gave the stock an "outperform" rating in a research note on Monday, September 16th. Finally, Oppenheimer reiterated a "market perform" rating on shares of Unity Software in a research note on Friday, October 18th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $23.35.

Insider Activity at Unity Software

In other Unity Software news, Director Tomer Bar-Zeev sold 210,000 shares of the business's stock in a transaction dated Wednesday, December 4th. The shares were sold at an average price of $26.23, for a total transaction of $5,508,300.00. Following the sale, the director now directly owns 967,650 shares in the company, valued at approximately $25,381,459.50. The trade was a 17.83 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Felix The sold 30,000 shares of the stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of $17.89, for a total transaction of $536,700.00. Following the completion of the transaction, the senior vice president now owns 423,679 shares of the company's stock, valued at $7,579,617.31. This trade represents a 6.61 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 764,381 shares of company stock worth $16,140,023 in the last three months. 6.30% of the stock is owned by company insiders.

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.