U.S. Capital Wealth Advisors LLC Purchases 28,450 Shares of Unity Software Inc. (NYSE:U)

U.S. Capital Wealth Advisors LLC lifted its position in Unity Software Inc. (NYSE:U) by 128.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 50,660 shares of the company’s stock after acquiring an additional 28,450 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in Unity Software were worth $2,071,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. BluePath Capital Management LLC grew its stake in shares of Unity Software by 6.7% in the 4th quarter. BluePath Capital Management LLC now owns 5,453 shares of the company’s stock worth $223,000 after buying an additional 342 shares during the last quarter. Kovack Advisors Inc. grew its stake in shares of Unity Software by 1.5% in the 4th quarter. Kovack Advisors Inc. now owns 26,411 shares of the company’s stock worth $1,080,000 after buying an additional 380 shares during the last quarter. Natixis Advisors L.P. grew its stake in shares of Unity Software by 3.2% in the 3rd quarter. Natixis Advisors L.P. now owns 13,226 shares of the company’s stock worth $415,000 after buying an additional 407 shares during the last quarter. Teacher Retirement System of Texas grew its stake in shares of Unity Software by 2.5% in the 3rd quarter. Teacher Retirement System of Texas now owns 17,602 shares of the company’s stock worth $553,000 after buying an additional 433 shares during the last quarter. Finally, Bouvel Investment Partners LLC grew its stake in shares of Unity Software by 2.1% in the 4th quarter. Bouvel Investment Partners LLC now owns 22,186 shares of the company’s stock worth $907,000 after buying an additional 446 shares during the last quarter. Institutional investors own 73.46% of the company’s stock.

Insider Buying and Selling at Unity Software

In other news, Director Tomer Bar-Zeev sold 250,000 shares of Unity Software stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $26.59, for a total value of $6,647,500.00. Following the sale, the director now directly owns 4,498,146 shares of the company’s stock, valued at $119,605,702.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In related news, Director Tomer Bar-Zeev sold 250,000 shares of Unity Software stock in a transaction dated Tuesday, March 5th. The stock was sold at an average price of $26.59, for a total value of $6,647,500.00. Following the completion of the transaction, the director now owns 4,498,146 shares in the company, valued at $119,605,702.14. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CMO Carol W. Carpenter sold 6,417 shares of Unity Software stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $32.57, for a total value of $209,001.69. Following the completion of the transaction, the chief marketing officer now owns 448,617 shares of the company’s stock, valued at approximately $14,611,455.69. The disclosure for this sale can be found here. Insiders have sold a total of 338,917 shares of company stock valued at $9,460,820 over the last ninety days. 6.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms recently weighed in on U. Stifel Nicolaus upped their price target on Unity Software from $32.00 to $35.00 and gave the stock a “buy” rating in a research note on Friday, March 1st. William Blair reiterated an “outperform” rating on shares of Unity Software in a research note on Tuesday, January 9th. Wedbush reiterated an “outperform” rating and set a $33.50 target price on shares of Unity Software in a research note on Thursday. Barclays cut their target price on Unity Software from $30.00 to $28.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 27th. Finally, The Goldman Sachs Group increased their target price on Unity Software from $29.00 to $32.00 and gave the company a “neutral” rating in a research note on Tuesday, January 9th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, Unity Software has a consensus rating of “Hold” and a consensus price target of $37.03.

Unity Software Stock Performance

Unity Software stock traded up $0.58 during trading on Friday, reaching $24.74. The company had a trading volume of 5,753,162 shares, compared to its average volume of 5,937,102. Unity Software Inc. has a 52 week low of $22.20 and a 52 week high of $50.08. The firm’s 50-day simple moving average is $26.08 and its 200 day simple moving average is $30.25. The firm has a market capitalization of $9.55 billion, a price-to-earnings ratio of -11.45 and a beta of 2.40. The company has a current ratio of 2.60, a quick ratio of 2.60 and a debt-to-equity ratio of 0.85.

Unity Software (NYSE:U) last announced its earnings results on Monday, February 26th. The company reported ($0.66) EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.89). Unity Software had a negative return on equity of 10.14% and a negative net margin of 37.64%. The company had revenue of $609.27 million during the quarter, compared to the consensus estimate of $551.01 million. During the same period in the prior year, the business posted ($0.50) earnings per share. Unity Software’s revenue for the quarter was up 35.1% compared to the same quarter last year. Sell-side analysts forecast that Unity Software Inc. will post -0.63 earnings per share for the current fiscal year.

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.