Mark Barrysmith Sells 1,362 Shares of Unity Software Inc. (NYSE:U) Stock

Unity Software Inc. (NYSE:U) CAO Mark Barrysmith sold 1,362 shares of the business’s stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $21.91, for a total transaction of $29,841.42. Following the completion of the sale, the chief accounting officer now owns 452,276 shares of the company’s stock, valued at approximately $9,909,367.16. The trade was a 0.30 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• On Monday, December 16th, Mark Barrysmith sold 1,228 shares of Unity Software stock. The stock was 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 shares were sold at an average price of $24.38, for a total transaction of $197,770.56.

Unity Software Price Performance

U opened at $21.73 on Friday. Unity Software Inc. has a twelve month low of $13.90 and a twelve month high of $35.56. The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 0.70. The company has a fifty day simple moving average of $23.04 and a 200 day simple moving average of $20.04.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. UBS Group lifted their target price on Unity Software from $15.00 to $20.00 and gave the company a “neutral” rating in a report on Friday, October 18th. Benchmark lifted their price objective on Unity Software from $10.00 to $15.00 and gave the company a “sell” rating in a research note on Friday, November 8th. Oppenheimer reissued a “market perform” rating on shares of Unity Software in a research report on Friday, October 18th. Macquarie lifted their price target on shares of Unity Software from $15.00 to $16.00 and gave the company an “underperform” rating in a research report on Friday, November 8th. Finally, Barclays increased their price objective on shares of Unity Software from $16.00 to $18.00 and gave the stock an “equal weight” rating in a research report on Friday, November 8th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $22.58.

Institutional Trading of Unity Software

Several large investors have recently modified their holdings of U. Acadian Asset Management LLC bought a new stake in Unity Software in the second quarter valued at about $82,000. Dimensional Fund Advisors LP increased its holdings in shares of Unity Software by 9.4% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,324,694 shares of the company’s stock valued at $37,806,000 after acquiring an additional 200,008 shares during the last quarter. Mesirow Financial Investment Management Inc. bought a new position in Unity Software during the second quarter worth $163,000. Primecap Management Co. CA boosted its holdings in Unity Software by 13.8% in the second quarter. Primecap Management Co. CA now owns 758,453 shares of the company’s stock worth $12,332,000 after purchasing an additional 91,726 shares during the period. Finally, Edgestream Partners L.P. bought a new stake in Unity Software during the second quarter valued at $227,000. 73.46% of the stock is currently owned by institutional investors and hedge funds.

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.