Unity Software Inc. (NYSE:U) Shares Bought by U.S. Capital Wealth Advisors LLC

U.S. Capital Wealth Advisors LLC grew its holdings in shares of Unity Software Inc. (NYSE:U) by 128.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 50,660 shares of the company’s stock after purchasing an additional 28,450 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in Unity Software were worth $2,071,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in shares of Unity Software by 8.3% during the third quarter. Vanguard Group Inc. now owns 25,819,797 shares of the company’s stock worth $810,483,000 after purchasing an additional 1,972,435 shares during the period. ARK Investment Management LLC increased its holdings in shares of Unity Software by 6.2% in the 4th quarter. ARK Investment Management LLC now owns 12,189,778 shares of the company’s stock worth $498,440,000 after acquiring an additional 712,579 shares during the period. Sumitomo Mitsui Trust Holdings Inc. increased its holdings in shares of Unity Software by 14.7% in the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 9,131,625 shares of the company’s stock worth $373,392,000 after acquiring an additional 1,170,058 shares during the period. Eagle Asset Management Inc. acquired a new stake in shares of Unity Software in the 3rd quarter worth about $82,988,000. Finally, Artisan Partners Limited Partnership increased its holdings in shares of Unity Software by 69.7% in the 3rd quarter. Artisan Partners Limited Partnership now owns 2,431,829 shares of the company’s stock worth $76,335,000 after acquiring an additional 998,467 shares during the period. 73.46% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Unity Software

In other Unity Software news, SVP Felix The sold 4,374 shares of the stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $32.55, for a total transaction of $142,373.70. Following 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 filing with the SEC, which is available at the SEC website. In other news, SVP Felix The sold 4,374 shares of the firm’s stock in a transaction 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 sale, the senior vice president now owns 298,948 shares in the company, valued at $9,730,757.40. The sale was disclosed in a 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 on Wednesday, May 1st. The stock was sold at an average price of $24.18, for a total transaction of $48,360.00. Following the completion of the sale, the chief marketing officer now owns 442,617 shares in the company, valued at approximately $10,702,479.06. The disclosure for this sale can be found here. Insiders have sold a total of 338,917 shares of company stock worth $9,460,820 over the last 90 days. Insiders own 6.30% of the company’s stock.

Unity Software Stock Up 2.4 %

U traded up $0.58 during midday trading on Friday, hitting $24.74. 5,753,162 shares of the company’s stock traded hands, compared to its average volume of 5,937,102. The company has a market cap of $9.55 billion, a PE ratio of -11.45 and a beta of 2.40. The stock’s fifty day simple moving average is $26.08 and its 200-day simple moving average is $30.25. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.60 and a quick ratio of 2.60. Unity Software Inc. has a one year low of $22.20 and a one year high of $50.08.

Unity Software (NYSE:U) last issued its quarterly earnings data on Monday, February 26th. The company reported ($0.66) earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.89). Unity Software had a negative net margin of 37.64% and a negative return on equity of 10.14%. The business had revenue of $609.27 million for the quarter, compared to the consensus estimate of $551.01 million. During the same period in the previous year, the business posted ($0.50) EPS. Unity Software’s revenue was up 35.1% compared to the same quarter last year. As a group, equities analysts anticipate that Unity Software Inc. will post -0.63 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on U. The Goldman Sachs Group increased their target price on shares of Unity Software from $29.00 to $32.00 and gave the company a “neutral” rating in a research report on Tuesday, January 9th. Needham & Company LLC decreased their target price on shares of Unity Software from $40.00 to $31.00 and set a “buy” rating for the company in a research report on Tuesday, February 27th. Stifel Nicolaus increased their target price on shares of Unity Software from $32.00 to $35.00 and gave the company a “buy” rating in a research report on Friday, March 1st. William Blair reiterated an “outperform” rating on shares of Unity Software in a research report on Tuesday, January 9th. Finally, Piper Sandler upgraded shares of Unity Software from an “underweight” rating to a “neutral” rating and decreased their target price for the company from $35.00 to $30.00 in a research report on Tuesday, February 27th. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $37.03.

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.