Jarrod Yahes Sells 12,196 Shares of Unity Software (NYSE:U) Stock

Unity Software Inc. (NYSE:U) CFO Jarrod Yahes sold 12,196 shares of the stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $18.07, for a total transaction of $220,381.72. Following the sale, the chief financial officer owned 533,933 shares in the company, valued at $9,648,169.31. This represents a 2.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Unity Software Stock Down 7.4%

Shares of U opened at $18.14 on Friday. The firm has a 50 day simple moving average of $34.50 and a two-hundred day simple moving average of $38.57. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.84 and a quick ratio of 1.84. Unity Software Inc. has a one year low of $15.33 and a one year high of $52.15. The company has a market cap of $7.85 billion, a P/E ratio of -18.89, a P/E/G ratio of 9.78 and a beta of 2.04.

Unity Software (NYSE:U) last issued its earnings results on Wednesday, February 11th. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.20 by $0.04. Unity Software had a negative return on equity of 4.76% and a negative net margin of 21.77%.The firm had revenue of $503.09 million for the quarter, compared to the consensus estimate of $490.64 million. During the same quarter last year, the business posted ($0.30) EPS. The company’s revenue was up 10.1% compared to the same quarter last year. Research analysts forecast that Unity Software Inc. will post -1.25 EPS for the current fiscal year.

Institutional Trading of Unity Software

Institutional investors have recently modified their holdings of the business. REAP Financial Group LLC acquired a new position in Unity Software during the 4th quarter worth about $28,000. Root Financial Partners LLC acquired a new stake in shares of Unity Software in the third quarter valued at about $27,000. V Square Quantitative Management LLC bought a new position in shares of Unity Software during the fourth quarter worth about $30,000. Larson Financial Group LLC lifted its stake in shares of Unity Software by 88.1% in the third quarter. Larson Financial Group LLC now owns 728 shares of the company’s stock worth $29,000 after acquiring an additional 341 shares during the period. Finally, International Assets Investment Management LLC acquired a new position in shares of Unity Software in the fourth quarter worth approximately $36,000. Institutional investors own 73.46% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on U shares. Freedom Capital upgraded shares of Unity Software to a “strong-buy” rating in a research note on Thursday, January 15th. Weiss Ratings reissued a “sell (d-)” rating on shares of Unity Software in a research note on Wednesday, January 21st. Arete Research upgraded shares of Unity Software from a “neutral” rating to a “buy” rating and set a $48.00 target price on the stock in a research report on Monday, December 1st. Oppenheimer raised shares of Unity Software from a “market perform” rating to an “outperform” rating and set a $38.00 target price on the stock in a research note on Tuesday, February 10th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $50.00 price target on shares of Unity Software in a research note on Wednesday, February 11th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, seven have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Unity Software currently has an average rating of “Moderate Buy” and a consensus target price of $39.52.

Key Stories Impacting Unity Software

Here are the key news stories impacting Unity Software this week:

• Neutral Sentiment: Heightened investor attention reported by Zacks/Yahoo — more searches and coverage may increase volatility and trading volume in the short term. Investors Heavily Search Unity Software Inc. (U)
• Neutral Sentiment: Recent fundamentals: Unity reported a revenue and EPS beat in its Feb. 11 quarter and year‑over‑year revenue growth — positive operational context that may limit the durability of any sell‑off (background reporting).
• Negative Sentiment: COO Alexander Blum sold 2,541 shares on Feb. 27 at ~$18.76 (≈$47.7k), trimming his position by ~0.46%; SEC filing here. SEC Filing
• Negative Sentiment: COO Alexander Blum also sold 10,164 shares on Feb. 25 at ~$18.07 (~$183.7k), a ~1.81% cut to his holdings; same SEC filing as above. SEC Filing
• Negative Sentiment: CAO Mark Barrysmith sold 10,578 shares on Feb. 25 at ~$18.07 (~$191.1k), reducing his stake by ~2.68%; SEC filing here. SEC Filing
• Negative Sentiment: CFO Jarrod Yahes sold 12,196 shares on Feb. 25 at ~$18.07 (~$220.4k), cutting his holding by ~2.23%; SEC filing here. SEC Filing

About Unity Software

Unity Software is a leading provider of a real-time 3D development platform that enables creators across industries to design, build and operate interactive, real-time experiences. Originally focused on the game development market, Unity’s technology now extends into sectors such as film, automotive, architecture, engineering and construction, delivering immersive content for mobile, desktop, console, augmented reality and virtual reality devices. The company’s core offering comprises a suite of authoring tools, runtime engines and cloud services that streamline the creation and deployment of interactive 3D applications.

The Unity Editor serves as the central hub where developers design scenes, script behavior and iterate on assets.