Unity Software Inc. (NYSE: U) is -6.12% lower on its value in year-to-date trading and has touched a low of $65.11 and a high of $174.94 in the current 52-week trading range. The U stock was last observed hovering at around $153.47 in the last trading session, with the day’s loss setting it -9.39% off its average median price target of $106.00 for the next 12 months. It is also -15.26% off the consensus price target high of $125.00 offered by 11 analysts, but current levels are -132.39% lower than the price target low of $62.00 for the same period.
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .
Currently trading at $144.08, the stock is -7.51% and 10.27% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.11 million and changing -6.12% at the moment leaves the stock 23.18% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $146.35 and a 200-day simple moving average (SMA200) of $116.97.
The stock witnessed a 2.15% In the last 1 monthand extending the period to 3 months gives it a 72.49%, and is -12.64% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.24% over the week and 6.66% over the month.
Unity Software Inc. (U) has around 3719 employees, a market worth around $39.36B and $710.20M in sales. Profit margin for the company is -50.60%. Distance from 52-week low is 121.29% and -17.64% from its 52-week high. The company has generated returns on investments over the last 12 months (54.90%).
Unity Software Inc. (U) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Unity Software Inc. (U) is a “Overweight”. 11 analysts offering their recommendations for the stock have an average rating of 2.40, where 4 rate it as a Hold and 0 think it is a “Overweight”. 6 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Unity Software Inc. is expected to release its quarterly report on 05/13/2021 and quarterly earnings per share for the current quarter are estimated at -$0.14 with sales reaching $204.23M over the same period.The EPS is expected to shrink by -107.80% this year.
Unity Software Inc. (U) Top Institutional Holders
172 institutions hold shares in Unity Software Inc. (U), with 43.99M shares held by insiders accounting for 16.25% while institutional investors hold 73.98% of the company’s shares. The shares outstanding are 270.97M, and float is at 226.79M with Short Float at 2.24%. Institutions hold 61.97% of the Float.
The top institutional shareholder in the company is Silver Lake Group, LLC with over 43.3 million shares valued at $3.78 billion. The investor’s holdings represent 15.99% of the U Shares outstanding. As of Sep 29, 2020, the second largest holder is SC US (TTGP) Ltd with 32.96 million shares valued at $2.88 billion to account for 12.17% of the shares outstanding. The other top investors are SC XII Management LLC which holds 24.5 million shares representing 9.05% and valued at over $2.14 billion, while D1 Capital Partners, LP holds 4.79% of the shares totaling 12.97 million with a market value of $1.13 billion.
Unity Software Inc. (U) Insider Activity
The most recent transaction is an insider sale by Lestiyo Ingrid, the company’s SVP & GM, Operate Solutions. SEC filings show that Lestiyo Ingrid sold 20,000 shares of the company’s common stock on Nov 17 at a price of $114.00 per share for a total of $2.28 million. Following the sale, the insider now owns 78125.0 shares.
Unity Software Inc. disclosed in a document filed with the SEC on Nov 17 that Rhodes Dave (SVP & GM Create Solution) sold a total of 9,517 shares of the company’s common stock. The trade occurred on Nov 17 and was made at $117.62 per share for $1.12 million. Following the transaction, the insider now directly holds 62500.0 shares of the U stock.
Still, SEC filings show that on Nov 17, Bibby Brett (SVP & Chief Product Officer) disposed off 58,350 shares at an average price of $116.85 for $6.82 million. The insider now directly holds 0 shares of Unity Software Inc. (U).