Unisys Corporation (NYSE:UIS – Get Free Report) CAO David Brown sold 10,553 shares of the business’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of $2.54, for a total transaction of $26,804.62. Following the completion of the sale, the chief accounting officer directly owned 103,558 shares in the company, valued at approximately $263,037.32. This represents a 9.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Unisys Trading Up 0.8%
NYSE:UIS traded up $0.02 during trading hours on Friday, hitting $2.61. 1,014,887 shares of the company were exchanged, compared to its average volume of 853,883. The stock has a market capitalization of $190.32 million, a price-to-earnings ratio of -0.44, a price-to-earnings-growth ratio of 0.30 and a beta of 1.88. Unisys Corporation has a one year low of $1.97 and a one year high of $4.98. The company has a fifty day simple moving average of $3.20 and a 200 day simple moving average of $2.95.
Unisys (NYSE:UIS – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The information technology services provider reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.04). Unisys had a negative net margin of 21.65% and a negative return on equity of 14.09%. The company had revenue of $473.50 million during the quarter, compared to the consensus estimate of $448.92 million. Equities research analysts predict that Unisys Corporation will post 0.57 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
View Our Latest Stock Analysis on Unisys
Institutional Investors Weigh In On Unisys
Hedge funds and other institutional investors have recently modified their holdings of the company. Cetera Investment Advisers bought a new position in shares of Unisys in the 1st quarter worth $26,000. Abel Hall LLC bought a new stake in Unisys during the 1st quarter valued at $27,000. Quarry LP raised its holdings in Unisys by 445.7% during the fourth quarter. Quarry LP now owns 10,205 shares of the information technology services provider’s stock worth $28,000 after buying an additional 8,335 shares during the last quarter. Royal Bank of Canada lifted its stake in shares of Unisys by 487.1% in the first quarter. Royal Bank of Canada now owns 14,032 shares of the information technology services provider’s stock valued at $29,000 after buying an additional 11,642 shares in the last quarter. Finally, Aquatic Capital Management LLC bought a new position in shares of Unisys in the third quarter valued at $30,000. Institutional investors own 86.87% of the company’s stock.
About Unisys
Unisys Corporation (NYSE: UIS) is a global information technology company that delivers a broad portfolio of digital workplace, cloud and infrastructure, application and security services. Formed in 1986 through the merger of Burroughs Corporation and Sperry Corporation, Unisys combines decades of experience in IT modernization with a focus on secure, data-driven transformations for government and enterprise organizations.
The company operates two core business segments: Services and Technology.
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