US Bancorp DE Acquires 8,152 Shares of Unity Software Inc. (NYSE:U)

US Bancorp DE raised its position in shares of Unity Software Inc. (NYSE:U) by 159.7% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,257 shares of the company’s stock after buying an additional 8,152 shares during the quarter. US Bancorp DE’s holdings in Unity Software were worth $300,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of U. First Trust Direct Indexing L.P. purchased a new stake in Unity Software in the third quarter valued at about $242,000. Nisa Investment Advisors LLC increased its holdings in shares of Unity Software by 996.7% during the third quarter. Nisa Investment Advisors LLC now owns 16,450 shares of the company’s stock valued at $372,000 after acquiring an additional 14,950 shares in the last quarter. DekaBank Deutsche Girozentrale raised its position in shares of Unity Software by 13.9% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 30,568 shares of the company’s stock valued at $691,000 after purchasing an additional 3,727 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its stake in Unity Software by 193.4% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 159,455 shares of the company’s stock worth $3,602,000 after purchasing an additional 105,100 shares in the last quarter. Finally, International Assets Investment Management LLC boosted its stake in Unity Software by 1,787.9% in the 3rd quarter. International Assets Investment Management LLC now owns 14,839 shares of the company’s stock worth $336,000 after purchasing an additional 14,053 shares in the last quarter. 73.46% of the stock is currently owned by institutional investors.

Insider Activity at Unity Software

In related news, SVP Felix The sold 30,000 shares of the company’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 completion of the transaction, the senior vice president now owns 423,679 shares in the company, valued at $7,579,617.31. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other Unity Software news, Director David Helgason sold 250,000 shares of Unity Software stock in a transaction dated 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 transaction, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Felix The sold 30,000 shares of Unity Software stock in a transaction on Thursday, September 12th. The shares were sold at an average price of $17.89, for a total value of $536,700.00. Following the completion of the sale, the senior vice president now owns 423,679 shares in the company, valued at $7,579,617.31. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 281,600 shares of company stock valued at $5,714,000. 6.30% of the stock is owned by company insiders.

Unity Software Price Performance

Shares of U opened at $19.12 on Thursday. Unity Software Inc. has a 12 month low of $13.90 and a 12 month high of $43.54. The stock’s 50 day moving average is $20.54 and its two-hundred day moving average is $18.86. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.41 and a quick ratio of 2.36.

Analyst Ratings Changes

A number of brokerages have issued reports on U. Morgan Stanley raised shares of Unity Software from an “equal weight” rating to an “overweight” rating and set a $22.00 price target for the company in a report on Tuesday, September 3rd. The Goldman Sachs Group reduced their price objective 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. UBS Group upped their target price on Unity Software from $15.00 to $20.00 and gave the company a “neutral” rating in a research report on Friday, October 18th. Stifel Nicolaus raised their price target 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. 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 report on Friday, November 8th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the stock. 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 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.