2 weeks Ago By Defense World Staff
Dimensional Fund Advisors LP lifted its holdings in Unity Software Inc. ( NYSE:U – Free Report ) by 9.4% in the second quarter, according to its most recent disclosure with the SEC.
The institutional investor owned 2,324,694 shares of the company’s stock after purchasing an additional 200,008 shares during the period. Dimensional Fund Advisors LP owned approximately 0.59% of Unity Software worth $37,806,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Royal London Asset Management Ltd. grew its position in shares of Unity Software by 0.
4% during the fourth quarter. Royal London Asset Management Ltd. now owns 116,167 shares of the company’s stock worth $4,750,000 after acquiring an additional 440 shares during the last quarter.
Advisors Asset Management Inc. lifted its holdings in shares of Unity Software by 31.6% in the first quarter.
Advisors Asset Management Inc. now owns 2,338 shares of the company’s stock valued at $62,000 after purchasing an additional 562 shares in the last quarter. Bouvel Investment Partners LLC grew its holdings in Unity Software by 2.
7% during the 1st quarter. Bouvel Investment Partners LLC now owns 22,783 shares of the company’s stock valued at $608,000 after buying an additional 597 shares during the last quarter. Tradewinds Capital Management LLC boosted its stake in shares of Unity Software by 245.
6% during the first quarter. Tradewinds Capital Management LLC now owns 985 shares of the company’s stock valued at $26,000 after acquiring an additional 700 shares during the last quarter. Finally, Arkadios Wealth Advisors raised its position in shares of Unity Software by 8.
3% in the first quarter. Arkadios Wealth Advisors now owns 12,043 shares of the company’s stock valued at $322,000 after buying an additional 924 shares during the last quarter. 73.
46% of the stock is currently owned by institutional investors and hedge funds. Unity Software Stock Performance Shares of U opened at $22.61 on Tuesday.
Unity Software Inc. has a 52 week low of $13.90 and a 52 week high of $43.
54. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.
36 and a current ratio of 2.36. The company has a market capitalization of $8.
97 billion, a PE ratio of -10.09 and a beta of 2.25.
The company’s 50 day moving average price is $17.52 and its 200 day moving average price is $19.82.
Insider Activity at Unity Software In related news, SVP Anirma Gupta sold 1,506 shares of the stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $16.73, for a total value of $25,195.
38. Following the completion of the transaction, the senior vice president now owns 409,540 shares of the company’s stock, valued at $6,851,604.20.
The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website . In related news, SVP Anirma Gupta sold 1,506 shares of Unity Software stock in a transaction dated Monday, July 29th. The shares were sold at an average price of $16.
73, for a total transaction of $25,195.38. Following the completion of the transaction, the senior vice president now directly owns 409,540 shares of the company’s stock, valued at approximately $6,851,604.
20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . Also, Director David Helgason sold 250,000 shares of Unity Software stock in a transaction that occurred on Friday, September 13th.
The shares were sold at an average price of $20.59, for a total transaction of $5,147,500.00.
Following the completion of the transaction, the director now owns 8,201,851 shares of the company’s stock, valued at approximately $168,876,112.09. The disclosure for this sale can be found here .
Over the last ninety days, insiders sold 283,906 shares of company stock worth $5,753,611. 6.30% of the stock is owned by corporate insiders.
Analyst Ratings Changes Several research analysts recently commented on U shares. Piper Sandler restated a “neutral” rating and issued a $17.00 price target (down previously from $25.
00) on shares of Unity Software in a report on Friday, August 9th. Benchmark decreased their target price on Unity Software from $16.00 to $10.
00 and set a “sell” rating for the company in a research report on Friday, August 9th. Stifel Nicolaus raised their target price on Unity Software from $20.00 to $25.
00 and gave the company a “buy” rating in a report on Friday, September 13th. Morgan Stanley upgraded Unity Software from an “equal weight” rating to an “overweight” rating and set a $22.00 price target for the company in a report on Tuesday, September 3rd.
Finally, Needham & Company LLC dropped their price objective on shares of Unity Software from $31.00 to $23.00 and set a “buy” rating on the stock in a research note on Friday, August 9th.
Two research analysts have rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $24.21.
Get Our Latest Report on Unity Software About Unity Software ( Free Report ) 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.
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