Bouvel Investment Partners LLC Has $787,000 Holdings in Unity Software Inc. (NYSE:U)

Bouvel Investment Partners LLC lowered its stake in shares of Unity Software Inc. (NYSE:U) by 1.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 35,015 shares of the company’s stock after selling 580 shares during the quarter. Bouvel Investment Partners LLC’s holdings in Unity Software were worth $787,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Geode Capital Management LLC lifted its position in shares of Unity Software by 9.7% in the 3rd quarter. Geode Capital Management LLC now owns 4,685,129 shares of the company’s stock worth $106,008,000 after acquiring an additional 413,474 shares during the period. Dimensional Fund Advisors LP boosted its stake in Unity Software by 9.4% during the second quarter. Dimensional Fund Advisors LP now owns 2,324,694 shares of the company’s stock worth $37,806,000 after buying an additional 200,008 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in Unity Software by 100.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,886,016 shares of the company’s stock valued at $42,662,000 after buying an additional 944,709 shares during the period. Primecap Management Co. CA raised its stake in shares of Unity Software by 7.1% in the 3rd quarter. Primecap Management Co. CA now owns 811,994 shares of the company’s stock valued at $18,367,000 after buying an additional 53,541 shares in the last quarter. Finally, Canada Pension Plan Investment Board lifted its holdings in shares of Unity Software by 161.3% during the 2nd quarter. Canada Pension Plan Investment Board now owns 579,179 shares of the company’s stock worth $9,417,000 after acquiring an additional 357,500 shares during the period. 73.46% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on U. UBS Group increased their price target on shares of Unity Software from $15.00 to $20.00 and gave the stock a “neutral” rating in a research report on Friday, October 18th. Morgan Stanley raised their target price on Unity Software from $24.00 to $26.00 and gave the stock an “overweight” rating in a research report on Monday. Barclays upped 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. Benchmark boosted their target price on shares of Unity Software from $10.00 to $15.00 and gave the company a “sell” rating in a research note on Friday, November 8th. Finally, 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. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $22.58.

Insider Transactions at Unity Software

In other news, Director Tomer Bar-Zeev sold 250,000 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $17.52, for a total value of $4,380,000.00. Following the completion of the transaction, the director now owns 4,248,146 shares in the company, valued at $74,427,517.92. This represents a 5.56 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Felix The sold 20,000 shares of the business’s stock in a transaction on Friday, December 6th. The shares were sold at an average price of $27.43, for a total transaction of $548,600.00. Following the completion of the sale, the senior vice president now directly owns 391,960 shares in the company, valued at $10,751,462.80. This represents a 4.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 763,125 shares of company stock valued at $17,491,339 over the last three months. 6.30% of the stock is currently owned by corporate insiders.

Unity Software Stock Down 1.3 %

Shares of NYSE:U opened at $21.76 on Friday. The firm’s 50 day simple moving average is $23.03 and its 200 day simple moving average is $19.99. Unity Software Inc. has a fifty-two week low of $13.90 and a fifty-two week high of $35.56. The company has a current ratio of 2.41, a quick ratio of 2.41 and a debt-to-equity ratio of 0.70.

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.