Insider Selling: Unisys Co. (NYSE:UIS) Director Sells $400,649.44 in Stock

Unisys Co. (NYSE:UIS) Director Roxanne Taylor sold 78,868 shares of the stock in a transaction dated Friday, May 17th. The stock was sold at an average price of $5.08, for a total value of $400,649.44. Following the transaction, the director now owns 8,009 shares of the company’s stock, valued at approximately $40,685.72. The transaction was disclosed in a filing with the SEC, which is available at this link.

Unisys Stock Down 0.2 %

UIS stock opened at $4.69 on Thursday. The company has a debt-to-equity ratio of 78.55, a current ratio of 1.56 and a quick ratio of 1.53. The stock has a market capitalization of $324.69 million, a P/E ratio of -0.79 and a beta of 0.94. Unisys Co. has a fifty-two week low of $2.60 and a fifty-two week high of $8.12. The business has a 50-day moving average of $5.23 and a 200-day moving average of $5.59.

Unisys (NYSE:UIS) last released its quarterly earnings results on Tuesday, May 7th. The information technology services provider reported $0.04 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.23) by $0.27. Unisys had a negative return on equity of 17.04% and a negative net margin of 20.37%. The firm had revenue of $487.80 million during the quarter, compared to the consensus estimate of $482.90 million. During the same quarter in the prior year, the firm posted $0.49 EPS. The business’s revenue was down 5.5% on a year-over-year basis. On average, sell-side analysts anticipate that Unisys Co. will post -0.28 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in UIS. Strs Ohio lifted its position in Unisys by 9.7% during the 3rd quarter. Strs Ohio now owns 142,100 shares of the information technology services provider’s stock worth $490,000 after buying an additional 12,600 shares in the last quarter. MGO One Seven LLC acquired a new stake in shares of Unisys in the third quarter valued at about $39,000. Los Angeles Capital Management LLC raised its holdings in Unisys by 144.0% during the third quarter. Los Angeles Capital Management LLC now owns 138,017 shares of the information technology services provider’s stock worth $476,000 after acquiring an additional 81,460 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in Unisys by 1.4% during the third quarter. Assenagon Asset Management S.A. now owns 672,078 shares of the information technology services provider’s stock valued at $2,319,000 after purchasing an additional 9,519 shares during the last quarter. Finally, Barclays PLC grew its stake in Unisys by 206.9% in the third quarter. Barclays PLC now owns 577,712 shares of the information technology services provider’s stock valued at $1,992,000 after purchasing an additional 389,481 shares in the last quarter. Institutional investors own 86.87% of the company’s stock.

Unisys Company Profile

Unisys Corporation, together with its subsidiaries, operates as an information technology solutions company in the United States and internationally. It operates in three segments: Digital Workplace Solutions (DWS); Cloud, Applications & Infrastructure Solutions (CA&I); and Enterprise Computing Solutions.