In a filing, Unity Software Inc revealed its SVP, CAO and Interim CFO Barrysmith Mark unloaded Company’s shares for reported $30012.0 on Dec 16 ’24. In the deal valued at $24.44 per share,1,228 shares were sold. As a result of this transaction, Barrysmith Mark now holds 453,638 shares worth roughly $11.19 million.
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Then, Barrysmith Mark bought 1,228 shares, generating $30,012 in total proceeds.
Before that, Helgason David sold 160,000 shares. Unity Software Inc shares valued at $4,301,844 were divested by the Director at a price of $26.89 per share. As a result of the transaction, Helgason David now holds 8,017,418 shares, worth roughly $197.71 million.
Wells Fargo initiated its Unity Software Inc [U] rating to an Equal weight in a research note published on October 29, 2024; the price target was $20. A number of analysts have revised their coverage, including Stifel’s analysts, who remained covering the stock and in mid September has reiterated a ‘”a Buy”‘ rating for it. Morgan Stanley also remained covering U and has increased its forecast on September 03, 2024 with a “an Overweight” recommendation from previously “an Equal-weight” rating. Piper Sandler revised its rating on February 27, 2024. It rated U as “a Neutral” which previously was an “an Underweight”.
Price Performance Review of U
On Tuesday, Unity Software Inc [NYSE:U] saw its stock fall -1.99% to $24.66. Over the last five days, the stock has lost -6.59%. Unity Software Inc shares have fallen nearly -39.69% since the year began. Nevertheless, the stocks have fallen -37.35% 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 $22.25, while 200 days put it at $20.77.
Levels Of Support And Resistance For U Stock
The 24-hour chart illustrates a support level at 24.05, which if violated will result in even more drops to 23.44. On the upside, there is a resistance level at 25.11. A further resistance level may holdings at 25.56. The Relative Strength Index (RSI) on the 14-day chart is 53.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.87, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.86%. Stochastics %K at 32.84% 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 2024-11-29, dropping by -0.17 million shares to a total of 24.23 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 24.4 million shares. There was a decline of -0.7%, which implies that there is a negative sentiment for the stock.
