Unity Software Inc’s recently made public that its Director Lee Michelle K. unloaded Company’s shares for reported $16464.0 on Sep 18 ’24. In the deal valued at $20.58 per share,800 shares were sold. As a result of this transaction, Lee Michelle K. now holds 7,215 shares worth roughly $0.16 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Lee Michelle K. bought 800 shares, generating $16,464 in total proceeds.
Before that, Helgason David sold 250,000 shares. Unity Software Inc shares valued at $5,147,225 were divested by the Director at a price of $20.59 per share. As a result of the transaction, Helgason David now holds 8,201,851 shares, worth roughly $181.34 million.
Stifel reiterated its Unity Software Inc [U] rating to a Buy in a research note published on September 13, 2024; the price target was $25. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in early September from “an Equal-weight” to “an Overweight”. Piper Sandler also remained covering U and has increased its forecast on February 27, 2024 with a “Neutral” recommendation from previously “an Underweight” rating. Macquarie revised its rating on February 12, 2024. It rated U as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of U
On Friday, Unity Software Inc [NYSE:U] saw its stock jump 3.95% to $22.11. Over the last five days, the stock has gained 2.27%. Unity Software Inc shares have fallen nearly -45.93% since the year began. Nevertheless, the stocks have fallen -19.60% over the past one year. While a 52-week high of $43.54 was reached on 01/02/24, a 52-week low of $13.90 was recorded on 08/07/24. SMA at 50 days reached $19.16, while 200 days put it at $22.97.
Levels Of Support And Resistance For U Stock
The 24-hour chart illustrates a support level at 21.56, which if violated will result in even more drops to 21.01. On the upside, there is a resistance level at 22.40. A further resistance level may holdings at 22.69. The Relative Strength Index (RSI) on the 14-day chart is 59.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.28, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 26.06%. Stochastics %K at 54.54% indicates the stock is a holding.
How much short interest is there in Unity Software Inc?
A steep rise in short interest was recorded in Unity Software Inc stocks on 2024-09-30, growing by 2.46 million shares to a total of 29.71 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 27.24 million shares. There was a rise of 8.28%, which implies that there is a positive sentiment for the stock.
