Unity Software Inc. (NYSE:U) SVP Ralph Hauwert sold 6,917 shares of Unity Software stock in a transaction dated Wednesday, June 9th. The stock was sold at an average price of $99.11, for a total transaction of $685,543.87. Following the sale, the senior vice president now owns 134,738 shares of the company’s stock, valued at $13,353,883.18. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Shares of NYSE U traded down $0.81 during trading on Friday, reaching $100.00. 45,151 shares of the stock were exchanged, compared to its average volume of 4,052,285. The business’s 50-day moving average price is $95.86. Unity Software Inc. has a twelve month low of $65.11 and a twelve month high of $174.94. The company has a market cap of $27.94 billion and a P/E ratio of -86.91.
Unity Software (NYSE:U) last posted its earnings results on Tuesday, May 11th. The company reported ($0.10) EPS for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.02. The firm had revenue of $234.80 million for the quarter, compared to analyst estimates of $217.08 million. During the same period in the previous year, the firm posted ($0.11) earnings per share. The company’s revenue for the quarter was up 40.6% on a year-over-year basis. As a group, equities analysts predict that Unity Software Inc. will post -1.19 EPS for the current year.
Hedge funds and other institutional investors have recently bought and sold shares of the company. tru Independence LLC bought a new stake in shares of Unity Software in the fourth quarter worth $18,416,000. Captrust Financial Advisors increased its stake in shares of Unity Software by 31.3% in the fourth quarter. Captrust Financial Advisors now owns 718 shares of the company’s stock worth $110,000 after buying an additional 171 shares during the last quarter. California State Teachers Retirement System increased its stake in shares of Unity Software by 0.4% in the first quarter. California State Teachers Retirement System now owns 51,949 shares of the company’s stock worth $5,211,000 after buying an additional 214 shares during the last quarter. Toth Financial Advisory Corp increased its stake in shares of Unity Software by 71.4% in the first quarter. Toth Financial Advisory Corp now owns 600 shares of the company’s stock worth $60,000 after buying an additional 250 shares during the last quarter. Finally, BerganKDV Wealth Management LLC bought a new stake in shares of Unity Software in the first quarter worth $25,000. 75.72% 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.
Further Reading: What is Cost of Capital?
Receive News & Ratings for Unity Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unity Software and related companies with MarketBeat.com's FREE daily email newsletter.