Unity Software Inc’s recently made public that its SVP, Chief Accounting Officer Barrysmith Mark unloaded Company’s shares for reported $29841.0 on Jan 16 ’25. In the deal valued at $21.91 per share,1,362 shares were sold. As a result of this transaction, Barrysmith Mark now holds 452,276 shares worth roughly $10.04 million.
Then, Barrysmith Mark bought 1,362 shares, generating $29,841 in total proceeds.
Before that, Gupta Anirma sold 456 shares. Unity Software Inc shares valued at $10,470 were divested by the SVP, Chief Legal Officer at a price of $22.96 per share. As a result of the transaction, Gupta Anirma now holds 575,355 shares, worth roughly $12.77 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 Friday, Unity Software Inc [NYSE:U] saw its stock fall -3.52% to $22.20. Over the last five days, the stock has lost -0.54%. Unity Software Inc shares have fallen nearly -1.20% since the year began. Nevertheless, the stocks have fallen -33.75% over the past one year. While a 52-week high of $35.56 was reached on 01/02/25, a 52-week low of $13.90 was recorded on 01/13/25. SMA at 50 days reached $23.39, while 200 days put it at $20.23.
Levels Of Support And Resistance For U Stock
The 24-hour chart illustrates a support level at 21.51, which if violated will result in even more drops to 20.83. On the upside, there is a resistance level at 23.33. A further resistance level may holdings at 24.47. The Relative Strength Index (RSI) on the 14-day chart is 46.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.32%. Stochastics %K at 68.01% 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 2025-01-15, dropping by -0.48 million shares to a total of 22.85 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 23.33 million shares. There was a decline of -2.12%, which implies that there is a negative sentiment for the stock.
