Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Unity Software Inc shares valued at $1,014,604 were purchased by Helgason David on Feb 27 ’25. At $26.07 per share, Helgason David acquired 38,924 shares.
Also, Helgason David purchased 38,924 shares, netting a total of over 1,047,584 in proceeds.
Before that, Gupta Anirma had sold 31,948 shares from its account. In a trade valued at $805,936, the SVP, Chief Legal Officer traded Unity Software Inc shares for $25.23 each. Upon closing the transaction, the insider’s holdings decreased to 31,948 shares, worth approximately $14.21 million.
As published in a research note from HSBC Securities on February 21, 2025, Unity Software Inc [U] has been rated up from a Hold to a Buy and the price target has been revised to $34. Analysts at The Benchmark Company upgraded the stock from ‘”a Sell”‘ to ‘”a Hold”‘ outlook in a report released in mid February. As of October 29, 2024, Wells Fargo has initiated its “an Equal weight” rating for U. Earlier on September 13, 2024, Stifel resumed its rating. Their recommendation was “a Buy” for U stock.
Analyzing U Stock Performance
During the last five days, there has been a drop of approximately -6.54%. Over the course of the year, Unity Software Inc shares have jumped approximately 16.47%. Shares of the company reached a 52-week high of $30.88 on 02/21/25 and a 52-week low of $19.06 on 02/12/25. A 50-day SMA is recorded $22.90, while a 200-day SMA reached $20.13. Nevertheless, trading volume fell to 16.85 million shares from 14.55 million shares the previous day.
Support And Resistance Levels for Unity Software Inc (U)
According to the 24-hour chart, there is a support level at 25.27, which, if violated, would cause prices to drop to 24.37. In the upper region, resistance lies at 26.90. The next price resistance is at 27.63. RSI (Relative Strength Index) is 60.66 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.69, which suggests the price will increase in the coming days. Percent R is at 39.85%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
