Windmill Hill Asset Management Ltd Sells 20,064 Shares of Unity Software Inc. (NYSE:U)

Windmill Hill Asset Management Ltd decreased its position in shares of Unity Software Inc. (NYSE:U - Free Report) by 33.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 40,129 shares of the company's stock after selling 20,064 shares during the quarter. Unity Software accounts for about 0.9% of Windmill Hill Asset Management Ltd's holdings, making the stock its 14th biggest position. Windmill Hill Asset Management Ltd's holdings in Unity Software were worth $902,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of U. GAMMA Investing LLC lifted its stake in Unity Software by 343.8% in the 3rd quarter. GAMMA Investing LLC now owns 1,225 shares of the company's stock valued at $28,000 after buying an additional 949 shares in the last quarter. R Squared Ltd acquired a new position in shares of Unity Software in the fourth quarter worth $30,000. Planning Capital Management Corp acquired a new stake in shares of Unity Software during the third quarter valued at $34,000. Northwestern Mutual Wealth Management Co. increased its position 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 in the last quarter. Finally, Brooklyn Investment Group acquired a new position in Unity Software in the 3rd quarter valued at about $43,000. Institutional investors and hedge funds own 73.46% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have commented on U. Jefferies Financial Group lifted their price target on Unity Software from $20.00 to $23.00 and gave the company a "buy" rating in a report on Monday, January 6th. Barclays boosted their price target on Unity Software from $16.00 to $18.00 and gave the company an "equal weight" rating in a research report on Friday, November 8th. Wells Fargo & Company assumed coverage on Unity Software in a research note on Monday, October 28th. They issued an "equal weight" rating and a $20.00 price objective on the stock. Macquarie increased their target price on shares of Unity Software from $15.00 to $16.00 and gave the stock an "underperform" rating in a research report on Friday, November 8th. Finally, Needham & Company LLC lifted their price target on shares of Unity Software from $23.00 to $26.00 and gave the company a "buy" rating in a research report on Friday, November 8th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, Unity Software presently has a consensus rating of "Hold" and an average price target of $22.81.

Unity Software Stock Performance

Shares of NYSE U traded down $0.15 during midday trading on Friday, hitting $21.05. 5,696,281 shares of the company's stock were exchanged, compared to its average volume of 6,872,919. Unity Software Inc. has a twelve month low of $13.90 and a twelve month high of $35.56. The firm has a market cap of $8.48 billion, a P/E ratio of -10.32 and a beta of 2.32. The stock's 50 day moving average price is $23.30 and its 200-day moving average price is $20.64. 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 (NYSE:U - Get Free Report) last posted its quarterly earnings data on Thursday, November 7th. The company reported ($0.31) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.39) by $0.08. The business had revenue of $446.52 million during the quarter, compared to analysts' expectations of $428.01 million. Unity Software had a negative net margin of 40.47% and a negative return on equity of 11.30%. During the same period last year, the firm posted ($0.12) earnings per share. Equities research analysts anticipate that Unity Software Inc. will post -1.72 EPS for the current year.

Insider Buying and Selling

In other news, Director Tomer Bar-Zeev sold 166,667 shares of Unity Software stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $20.99, for a total transaction of $3,498,340.33. Following the transaction, the director now owns 3,481,479 shares in the company, valued at approximately $73,076,244.21. The trade was a 4.57 % decrease in their ownership of the stock. The sale 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 firm's stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $21.91, for a total value of $29,841.42. Following the sale, the chief accounting officer now owns 452,276 shares of the company's stock, valued at $9,909,367.16. The trade was a 0.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 931,154 shares of company stock worth $21,019,520 in the last ninety days. 6.30% of the stock is currently owned by corporate insiders.

About Unity Software

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.