Felix The Sells 11,719 Shares of Unity Software Inc. (NYSE:U) Stock

Unity Software Inc. (NYSE:U) SVP Felix The sold 11,719 shares of Unity Software stock in a transaction on Monday, November 25th. The shares were sold at an average price of $24.39, for a total value of $285,826.41. Following the completion of the transaction, the senior vice president now owns 411,960 shares of the company’s stock, valued at approximately $10,047,704.40. The trade was a 2.77 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Felix The also recently made the following trade(s):

• On Thursday, September 12th, Felix The sold 30,000 shares of Unity Software stock. The shares were sold at an average price of $17.89, for a total value of $536,700.00.

Unity Software Price Performance

Shares of U opened at $24.01 on Tuesday. The stock has a market cap of $9.67 billion, a P/E ratio of -11.77 and a beta of 2.29. Unity Software Inc. has a 1 year low of $13.90 and a 1 year high of $43.54. The stock’s 50-day moving average price is $21.06 and its two-hundred day moving average price is $18.59. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 0.70.

Wall Street Analyst Weigh In

U has been the topic of a number of research analyst reports. UBS Group increased their price objective on shares of Unity Software from $15.00 to $20.00 and gave the stock a “neutral” rating in a report on Friday, October 18th. Oppenheimer reissued a “market perform” rating on shares of Unity Software in a research note on Friday, October 18th. JMP Securities restated a “market perform” rating on shares of Unity Software in a research report on Friday, September 13th. Stifel Nicolaus increased their price objective on Unity Software from $20.00 to $25.00 and gave the company a “buy” rating in a research report on Friday, September 13th. Finally, Wedbush lifted their target price on Unity Software from $21.00 to $27.00 and gave the company an “outperform” rating in a research note on Monday, September 16th. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Unity Software presently has an average rating of “Hold” and an average target price of $23.35.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Magnetar Financial LLC acquired a new stake in Unity Software during the 2nd quarter worth $2,535,000. CIBC Asset Management Inc raised its position in shares of Unity Software by 2,665.4% during the third quarter. CIBC Asset Management Inc now owns 342,472 shares of the company’s stock worth $7,747,000 after purchasing an additional 330,088 shares during the period. LMR Partners LLP bought a new position in shares of Unity Software during the 3rd quarter valued at about $611,000. Price T Rowe Associates Inc. MD grew its position in shares of Unity Software by 187.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 353,516 shares of the company’s stock valued at $9,440,000 after purchasing an additional 230,696 shares during the period. Finally, Creative Planning increased its stake in Unity Software by 111.7% during the 2nd quarter. Creative Planning now owns 135,195 shares of the company’s stock worth $2,198,000 after purchasing an additional 71,325 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.