Insider trading activity at Unity Software has shown significant movements among company insiders.
Senior Vice President Felix The recently sold 30,000 shares, reducing his ownership slightly. In the past three months, insiders have sold a total of 283,106 shares, indicating a cautious approach among company executives. Insiders currently hold 6.30% of the company's stock, reflecting a significant level of ownership.
Institutional investors have also made adjustments to their stakes in Unity Software. Vanguard Group Inc. increased its holdings by 1.2% in the fourth quarter, while PNC Financial Services Group Inc. raised its stake by 19.1%. Other institutional players, such as TB Alternative Assets Ltd. and TrueMark Investments LLC, have also made strategic investments. Collectively, institutional investors now own 73.46% of Unity Software.
Unity Software operates a platform that enables the creation, running, and monetization of interactive, real-time 2D and 3D content. The company has a global presence and collaborates with independent distributors and resellers worldwide. Unity Software's innovative approach positions it favorably within the competitive landscape of technology and gaming.
Analysts currently maintain a "Hold" rating on Unity Software, suggesting a cautious outlook. Investors should consider insider trading and institutional movements when evaluating the company's stock.