Unity Software Inc. (NYSE:U) Stock Holdings Increased by International Assets Investment Management LLC

International Assets Investment Management LLC boosted its holdings in shares of Unity Software Inc. (NYSE:U - Free Report) by 2,887.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 47,882 shares of the company's stock after buying an additional 46,279 shares during the quarter. International Assets Investment Management LLC's holdings in Unity Software were worth $1,958,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of U. BluePath Capital Management LLC grew its position in shares of Unity Software by 6.7% in the 4th quarter. BluePath Capital Management LLC now owns 5,453 shares of the company's stock worth $223,000 after buying an additional 342 shares during the last quarter. Natixis Advisors L.P. increased its position in shares of Unity Software by 3.2% during the third quarter. Natixis Advisors L.P. now owns 13,226 shares of the company's stock worth $415,000 after purchasing an additional 407 shares in the last quarter. Teacher Retirement System of Texas increased its position in shares of Unity Software by 2.5% during the third quarter. Teacher Retirement System of Texas now owns 17,602 shares of the company's stock worth $553,000 after purchasing an additional 433 shares in the last quarter. Bouvel Investment Partners LLC lifted its holdings in shares of Unity Software by 2.1% during the 4th quarter. Bouvel Investment Partners LLC now owns 22,186 shares of the company's stock valued at $907,000 after purchasing an additional 446 shares during the last quarter. Finally, Zions Bancorporation N.A. boosted its position in shares of Unity Software by 6.9% in the 3rd quarter. Zions Bancorporation N.A. now owns 7,973 shares of the company's stock worth $250,000 after purchasing an additional 515 shares in the last quarter. Institutional investors own 73.46% of the company's stock.

Insider Buying and Selling at Unity Software

In related news, SVP Felix The sold 4,374 shares of Unity Software stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $32.55, for a total value of $142,373.70. Following the completion of the transaction, the senior vice president now owns 298,948 shares in the company, valued at $9,730,757.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, SVP Felix The sold 4,374 shares of the company's stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $32.55, for a total transaction of $142,373.70. Following the completion of the transaction, the senior vice president now directly owns 298,948 shares of the company's stock, valued at approximately $9,730,757.40. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CMO Carol W. Carpenter sold 2,000 shares of the firm's stock in a transaction dated Wednesday, May 1st. The stock was sold at an average price of $24.18, for a total value of $48,360.00. Following the sale, the chief marketing officer now directly owns 442,617 shares in the company, valued at approximately $10,702,479.06. The disclosure for this sale can be found here. Insiders sold 338,917 shares of company stock valued at $9,460,820 in the last 90 days. Company insiders own 6.30% of the company's stock.

Unity Software Trading Up 4.6 %

Shares of NYSE:U traded up $0.99 during midday trading on Monday, reaching $22.69. 12,220,548 shares of the company's stock were exchanged, compared to its average volume of 9,774,150. The firm's 50 day simple moving average is $25.47 and its two-hundred day simple moving average is $30.19. Unity Software Inc. has a fifty-two week low of $21.60 and a fifty-two week high of $50.08. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.15 and a quick ratio of 2.15. The stock has a market cap of $8.87 billion, a price-to-earnings ratio of -10.13 and a beta of 2.40.

Unity Software (NYSE:U - Get Free Report) last announced its earnings results on Monday, February 26th. The company reported ($0.66) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by ($0.89). Unity Software had a negative net margin of 40.11% and a negative return on equity of 7.73%. The firm had revenue of $609.27 million during the quarter, compared to analysts' expectations of $551.01 million. During the same period in the previous year, the firm earned ($0.50) EPS. The firm's revenue for the quarter was up 35.1% compared to the same quarter last year. As a group, sell-side analysts forecast that Unity Software Inc. will post -0.63 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on U shares. The Goldman Sachs Group decreased their price target on Unity Software from $29.00 to $26.00 and set a "neutral" rating for the company in a research note on Monday. Citigroup lowered their target price on shares of Unity Software from $50.00 to $38.00 and set a "buy" rating for the company in a research note on Wednesday, February 28th. Benchmark restated a "sell" rating and set a $16.00 price target on shares of Unity Software in a research note on Friday. Piper Sandler upgraded shares of Unity Software from an "underweight" rating to a "neutral" rating and lowered their price objective for the stock from $35.00 to $30.00 in a research note on Tuesday, February 27th. Finally, Macquarie downgraded Unity Software from a "neutral" rating to an "underperform" rating and set a $20.00 price target on the stock. in a research note on Monday, February 12th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, Unity Software currently has an average rating of "Hold" and an average price target of $35.38.

Unity Software 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.