Barclays analyst Ross Sandler reiterated a Hold rating on Unity Software (U – Research Report) yesterday and set a price target of $28.00. The company’s shares closed yesterday at $33.04.
Sandler covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Ziff Davis, Inc.. According to TipRanks, Sandler has an average return of 11.4% and a 61.27% success rate on recommended stocks.
In addition to Barclays, Unity Software also received a Hold from JMP Securities’s Andrew Boone in a report issued today. However, on February 23, Stifel Nicolaus maintained a Buy rating on Unity Software (NYSE: U).
See Insiders’ Hot Stocks on TipRanks >>
U market cap is currently $11.88B and has a P/E ratio of -14.21.
Based on the recent corporate insider activity of 95 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of U in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Unity Software (U) Company Description:
California-based Unity Software Inc. is a video game software development company. The platform provides software solutions to create and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The products are used in the gaming industry, architecture and construction sector, animation industry, and designing sector.
Read More on U:
