Unisys (NYSE:UIS) Director Philippe Germond Sells 20,000 Shares

Unisys Corporation (NYSE:UIS) Director Philippe Germond sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $4.15, for a total value of $83,000.00. Following the completion of the sale, the director owned 236,453 shares of the company’s stock, valued at approximately $981,279.95. This trade represents a 7.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Philippe Germond also recently made the following trade(s):

• On Friday, May 15th, Philippe Germond sold 16,080 shares of Unisys stock. The shares were sold at an average price of $3.02, for a total value of $48,561.60.

Unisys Stock Performance

Shares of UIS stock traded down $0.25 during trading on Friday, hitting $4.07. The company had a trading volume of 747,467 shares, compared to its average volume of 884,835. The firm has a market capitalization of $296.92 million, a P/E ratio of -0.84, a price-to-earnings-growth ratio of 0.40 and a beta of 1.84. The stock’s 50-day moving average price is $2.82 and its 200 day moving average price is $2.69. Unisys Corporation has a one year low of $1.97 and a one year high of $5.07.

Unisys (NYSE:UIS) last released its earnings results on Tuesday, May 5th. The information technology services provider reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.26) by $0.12. Unisys had a negative return on equity of 23.51% and a negative net margin of 17.70%.The firm had revenue of $437.60 million during the quarter, compared to analysts’ expectations of $415.64 million. On average, research analysts anticipate that Unisys Corporation will post 0.7 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have weighed in on UIS. Needham & Company LLC upped their target price on Unisys from $4.00 to $6.00 and gave the stock a “buy” rating in a research note on Wednesday. Weiss Ratings restated a “sell (d-)” rating on shares of Unisys in a research note on Monday, April 20th. Finally, Wall Street Zen cut Unisys from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Unisys presently has an average rating of “Hold” and a consensus target price of $6.33.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Cetera Investment Advisers bought a new position in shares of Unisys in the 1st quarter valued at $26,000. Abel Hall LLC acquired a new stake in Unisys in the first quarter valued at $27,000. Quarry LP increased its holdings in Unisys by 445.7% in the fourth quarter. Quarry LP now owns 10,205 shares of the information technology services provider’s stock valued at $28,000 after purchasing an additional 8,335 shares during the period. Royal Bank of Canada increased its holdings in Unisys by 487.1% in the first quarter. Royal Bank of Canada now owns 14,032 shares of the information technology services provider’s stock valued at $29,000 after purchasing an additional 11,642 shares during the period. Finally, Aquatic Capital Management LLC acquired a new stake in Unisys in the third quarter valued at $30,000. 86.87% of the stock is currently owned by institutional investors.

Unisys Company Profile

Unisys Corporation (NYSE: UIS) is a global information technology company that delivers a broad portfolio of digital workplace, cloud and infrastructure, application and security services. Formed in 1986 through the merger of Burroughs Corporation and Sperry Corporation, Unisys combines decades of experience in IT modernization with a focus on secure, data-driven transformations for government and enterprise organizations.

The company operates two core business segments: Services and Technology.