Mark Barrysmith Sells 1,395 Shares of Unity Software Inc. (NYSE:U) Stock

Unity Software Inc. (NYSE:U - Get Free Report) CAO Mark Barrysmith sold 1,395 shares of the company's stock in a transaction on Tuesday, February 18th. The shares were sold at an average price of $21.68, for a total value of $30,243.60. Following the transaction, the chief accounting officer now directly owns 450,881 shares in the company, valued at approximately $9,775,100.08. The trade was a 0.31 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Mark Barrysmith also recently made the following trade(s):

• On Thursday, January 16th, Mark Barrysmith sold 1,362 shares of Unity Software stock. The stock was sold at an average price of $21.91, for a total transaction of $29,841.42.
• On Monday, December 16th, Mark Barrysmith sold 1,228 shares of Unity Software stock. The shares were sold at an average price of $24.44, for a total transaction of $30,012.32.
• On Monday, November 25th, Mark Barrysmith sold 8,112 shares of Unity Software stock. The stock was sold at an average price of $24.38, for a total transaction of $197,770.56.

Unity Software Price Performance

Shares of NYSE U traded up $0.31 during midday trading on Friday, reaching $28.31. The stock had a trading volume of 39,793,431 shares, compared to its average volume of 11,738,400. The company has a market capitalization of $11.41 billion, a price-to-earnings ratio of -13.88 and a beta of 2.32. Unity Software Inc. has a 12-month low of $13.90 and a 12-month high of $33.43. The stock has a 50-day moving average of $22.53 and a 200-day moving average of $21.08. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.41 and a current ratio of 2.41.

Unity Software (NYSE:U - Get Free Report) last issued its quarterly earnings results on Thursday, February 20th. The company reported ($0.30) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.35) by $0.05. The business had revenue of $457.10 million during the quarter, compared to analyst estimates of $433.47 million. Unity Software had a negative return on equity of 11.30% and a negative net margin of 40.47%. As a group, research analysts anticipate that Unity Software Inc. will post -1.72 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on U. Wedbush reissued an "outperform" rating and set a $27.00 price target on shares of Unity Software in a report on Thursday, February 13th. Benchmark raised Unity Software from a "sell" rating to a "hold" rating in a report on Thursday. Barclays raised their target price on Unity Software from $18.00 to $26.00 and gave the stock an "equal weight" rating in a research report on Friday. UBS Group upped their price target on shares of Unity Software from $21.00 to $23.00 and gave the company a "neutral" rating in a research report on Wednesday, January 22nd. Finally, HSBC raised shares of Unity Software from a "hold" rating to a "buy" rating and set a $34.00 price objective on the stock in a report on Friday. One analyst has rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $25.96.

Institutional Trading of Unity Software

Several institutional investors and hedge funds have recently added to or reduced their stakes in U. GAMMA Investing LLC lifted its stake in Unity Software by 33.6% in the 4th quarter. GAMMA Investing LLC now owns 1,636 shares of the company's stock worth $37,000 after purchasing an additional 411 shares in the last quarter. Principal Securities Inc. increased its holdings in shares of Unity Software by 50.5% in the fourth quarter. Principal Securities Inc. now owns 1,422 shares of the company's stock worth $32,000 after purchasing an additional 477 shares during the last quarter. Farther Finance Advisors LLC lifted its position in shares of Unity Software by 3.5% in the fourth quarter. Farther Finance Advisors LLC now owns 14,435 shares of the company's stock worth $324,000 after buying an additional 488 shares in the last quarter. Tidal Investments LLC boosted its stake in Unity Software by 4.9% during the third quarter. Tidal Investments LLC now owns 15,410 shares of the company's stock valued at $349,000 after buying an additional 723 shares during the last quarter. Finally, Venturi Wealth Management LLC grew its holdings in Unity Software by 28.7% during the 3rd quarter. Venturi Wealth Management LLC now owns 3,923 shares of the company's stock valued at $89,000 after buying an additional 876 shares in the last quarter. 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.