Segall Bryant & Hamill LLC bought a new stake in shares of Unity Software Inc. (NYSE:U – Free Report) during the 1st quarter, HoldingsChannel.com reports. The firm bought 99,017 shares of the company’s stock, valued at approximately $1,984,000.
A number of other hedge funds also recently modified their holdings of the business. REAP Financial Group LLC purchased a new position in shares of Unity Software during the fourth quarter valued at $28,000. V Square Quantitative Management LLC acquired a new position in Unity Software during the fourth quarter valued at $30,000. Larson Financial Group LLC lifted its stake in Unity Software by 88.1% in the 3rd quarter. Larson Financial Group LLC now owns 728 shares of the company’s stock worth $29,000 after acquiring an additional 341 shares in the last quarter. International Assets Investment Management LLC purchased a new stake in Unity Software in the 4th quarter worth about $36,000. Finally, IFP Advisors Inc acquired a new stake in Unity Software during the 3rd quarter worth about $33,000. Hedge funds and other institutional investors own 73.46% of the company’s stock.
Unity Software Price Performance
NYSE U opened at $35.22 on Wednesday. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $15.38 billion, a PE ratio of -22.43, a price-to-earnings-growth ratio of 3.95 and a beta of 2.04. Unity Software Inc. has a 12-month low of $16.78 and a 12-month high of $52.15. The company has a 50 day moving average price of $29.52 and a two-hundred day moving average price of $26.63.
Insider Buying and Selling at Unity Software
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on U shares. UBS Group lifted their target price on Unity Software from $28.00 to $32.00 and gave the company a “neutral” rating in a research note on Monday. Raymond James Financial started coverage on shares of Unity Software in a research report on Monday, June 29th. They issued a “market perform” rating for the company. Needham & Company LLC raised their price target on shares of Unity Software from $35.00 to $40.00 and gave the stock a “buy” rating in a report on Friday, May 8th. Barclays boosted their price objective on shares of Unity Software from $28.00 to $33.00 and gave the company an “equal weight” rating in a research report on Friday, May 8th. Finally, Wedbush upped their price objective on shares of Unity Software from $32.00 to $36.00 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $38.49.
Read Our Latest Stock Report on Unity Software
Unity Software Company Profile
Unity Software is a leading provider of a real-time 3D development platform that enables creators across industries to design, build and operate interactive, real-time experiences. Originally focused on the game development market, Unity’s technology now extends into sectors such as film, automotive, architecture, engineering and construction, delivering immersive content for mobile, desktop, console, augmented reality and virtual reality devices. The company’s core offering comprises a suite of authoring tools, runtime engines and cloud services that streamline the creation and deployment of interactive 3D applications.
The Unity Editor serves as the central hub where developers design scenes, script behavior and iterate on assets.
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