16,799 Shares in Unity Software Inc. (NYSE:U) Bought by GSA Capital Partners LLP

GSA Capital Partners LLP purchased a new stake in Unity Software Inc. (NYSE:U) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 16,799 shares of the company’s stock, valued at approximately $380,000.

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

Unity Software Trading Up 4.1 %

Shares of U stock opened at $22.52 on Friday. The stock has a market cap of $9.07 billion, a P/E ratio of -11.04 and a beta of 2.29. The company has a quick ratio of 2.41, a current ratio of 2.41 and a debt-to-equity ratio of 0.70. Unity Software Inc. has a fifty-two week low of $13.90 and a fifty-two week high of $43.54. The business has a fifty day simple moving average of $20.91 and a 200-day simple moving average of $18.69.

Insider Buying and Selling at Unity Software

In other Unity Software news, Director Shlomo Dovrat sold 3,750 shares of the firm’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $17.99, for a total value of $67,462.50. Following the sale, the director now directly owns 2,394,935 shares of the company’s stock, valued at approximately $43,084,880.65. This trade represents a 0.16 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director David Helgason sold 250,000 shares of the business’s stock in a transaction on Friday, September 13th. The shares were sold at an average price of $20.59, for a total transaction of $5,147,500.00. Following the sale, the director now directly owns 8,201,851 shares of the company’s stock, valued at $168,876,112.09. This represents a 2.96 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 534,550 shares of company stock worth $10,148,127. 6.30% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have commented on U. Oppenheimer reaffirmed a “market perform” rating on shares of Unity Software in a research note on Friday, October 18th. Benchmark boosted their price target 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. Barclays increased their price target on shares of Unity Software from $16.00 to $18.00 and gave the stock an “equal weight” rating in a report on Friday, November 8th. UBS Group lifted their price objective on Unity Software from $15.00 to $20.00 and gave the company a “neutral” rating in a report on Friday, October 18th. Finally, The Goldman Sachs Group cut their target price on Unity Software from $26.00 to $22.50 and set a “neutral” rating for the company in a research note on Friday, August 9th. Two investment analysts have rated the stock with a sell rating, eight have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $23.35.

About Unity Software

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.