State of New Jersey Common Pension Fund D Has $2.53 Million Holdings in Unity Software Inc. (NYSE:U)

State of New Jersey Common Pension Fund D lifted its position in shares of Unity Software Inc. (NYSE:U) by 6.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 111,940 shares of the company’s stock after acquiring an additional 6,689 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Unity Software were worth $2,532,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of U. GAMMA Investing LLC increased its position in Unity Software by 343.8% in the 3rd quarter. GAMMA Investing LLC now owns 1,225 shares of the company’s stock valued at $28,000 after acquiring an additional 949 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in Unity Software by 163.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,241 shares of the company’s stock valued at $36,000 after purchasing an additional 1,389 shares during the period. Blue Trust Inc. raised its position in Unity Software by 308.8% during the 2nd quarter. Blue Trust Inc. now owns 3,123 shares of the company’s stock worth $51,000 after purchasing an additional 2,359 shares during the last quarter. Advisors Asset Management Inc. lifted its holdings in Unity Software by 31.6% during the 1st quarter. Advisors Asset Management Inc. now owns 2,338 shares of the company’s stock worth $62,000 after buying an additional 562 shares during the period. Finally, EntryPoint Capital LLC bought a new stake in shares of Unity Software in the 1st quarter valued at about $65,000. Institutional investors and hedge funds own 73.46% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on U. Oppenheimer restated a “market perform” rating on shares of Unity Software in a research report on Friday, October 18th. Wells Fargo & Company assumed coverage on shares of Unity Software in a research report on Monday, October 28th. They issued an “equal weight” rating and a $20.00 price target on the stock. Stifel Nicolaus increased their price objective on shares of Unity Software from $20.00 to $25.00 and gave the stock a “buy” rating in a research report on Friday, September 13th. Benchmark lifted their target price on shares of Unity Software from $10.00 to $15.00 and gave the stock a “sell” rating in a research note on Friday, November 8th. Finally, Barclays upped their price target on shares of Unity Software from $16.00 to $18.00 and gave the company an “equal weight” rating in a research report on Friday, November 8th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, Unity Software currently has an average rating of “Hold” and a consensus price target of $23.35.

Unity Software Price Performance

Shares of NYSE:U opened at $19.12 on Thursday. The stock’s 50 day moving average is $20.54 and its 200-day moving average is $18.86. Unity Software Inc. has a twelve month low of $13.90 and a twelve month high of $43.54. The company has a quick ratio of 2.36, a current ratio of 2.41 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $7.70 billion, a price-to-earnings ratio of -9.37 and a beta of 2.29.

Insiders Place Their Bets

In other news, SVP Felix The sold 30,000 shares of Unity Software stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $17.89, for a total transaction of $536,700.00. Following the completion of the transaction, the senior vice president now directly owns 423,679 shares in the company, valued at $7,579,617.31. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In related news, SVP Felix The sold 30,000 shares of the business’s stock in a transaction dated Thursday, September 12th. The shares were sold at an average price of $17.89, for a total transaction of $536,700.00. Following the transaction, the senior vice president now directly owns 423,679 shares in the company, valued at approximately $7,579,617.31. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director David Helgason sold 250,000 shares of the company’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $20.59, for a total transaction of $5,147,500.00. Following the completion of the sale, the director now directly owns 8,201,851 shares of the company’s stock, valued at $168,876,112.09. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 281,600 shares of company stock worth $5,714,000. Insiders own 6.30% of the company’s stock.

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.