Anirma Gupta Sells 465 Shares of Unity Software Inc. (NYSE:U) Stock

Unity Software Inc. (NYSE:U) SVP Anirma Gupta sold 465 shares of the firm’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $21.68, for a total transaction of $10,081.20. Following the sale, the senior vice president now owns 574,890 shares in the company, valued at $12,463,615.20. This trade represents a 0.08 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

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

• On Wednesday, January 15th, Anirma Gupta sold 456 shares of Unity Software stock. The stock was sold at an average price of $22.96, for a total transaction of $10,469.76.

Unity Software Price Performance

NYSE:U opened at $21.82 on Wednesday. Unity Software Inc. has a 1-year low of $13.90 and a 1-year high of $33.43. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 0.70. The firm has a fifty day simple moving average of $22.52 and a 200 day simple moving average of $20.93. The stock has a market capitalization of $8.79 billion, a PE ratio of -10.69 and a beta of 2.32.

Hedge Funds Weigh In On Unity Software

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in U. Anderson Financial Strategies LLC bought a new position in Unity Software during the fourth quarter worth $28,000. R Squared Ltd bought a new position in Unity Software during the fourth quarter worth $30,000. Principal Securities Inc. boosted its position in Unity Software by 50.5% during 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 period. Planning Capital Management Corp bought a new position in Unity Software during the third quarter worth $34,000. Finally, Point72 Asia Singapore Pte. Ltd. bought a new position in Unity Software during the fourth quarter worth $36,000. 73.46% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

U has been the topic of several research analyst reports. Jefferies Financial Group raised their target price on shares of Unity Software from $20.00 to $23.00 and gave the stock a “buy” rating in a report on Monday, January 6th. Morgan Stanley raised their target price on shares of Unity Software from $24.00 to $26.00 and gave the stock an “overweight” rating in a report on Monday, January 13th. JMP Securities restated a “market perform” rating on shares of Unity Software in a report on Monday, February 3rd. Needham & Company LLC raised their price target on shares of Unity Software from $23.00 to $26.00 and gave the stock a “buy” rating in a research note on Friday, November 8th. Finally, Macquarie raised their price target on shares of Unity Software from $15.00 to $16.00 and gave the stock an “underperform” rating in a research note on Friday, November 8th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $22.81.

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.