Torrey Growth & Income Advisors cut its stake in shares of Unity Software Inc. (NYSE:U – Free Report) by 20.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 52,104 shares of the company’s stock after selling 13,609 shares during the quarter. Torrey Growth & Income Advisors’ holdings in Unity Software were worth $2,133,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AlphaCore Capital LLC purchased a new position in Unity Software during the third quarter valued at approximately $547,000. Fulcrum Asset Management LLP purchased a new stake in shares of Unity Software in the third quarter worth $1,855,000. Allspring Global Investments Holdings LLC purchased a new stake in shares of Unity Software in the third quarter worth $247,000. University of Texas Texas AM Investment Management Co. raised its position in shares of Unity Software by 375.5% during the 3rd quarter. University of Texas Texas AM Investment Management Co. now owns 24,814 shares of the company’s stock valued at $1,016,000 after purchasing an additional 19,596 shares during the period. Finally, Ethic Inc. bought a new stake in shares of Unity Software during the 3rd quarter valued at $504,000. 73.46% of the stock is owned by hedge funds and other institutional investors.
Unity Software Price Performance
U stock opened at $51.57 on Tuesday. The company has a fifty day simple moving average of $42.64 and a two-hundred day simple moving average of $31.89. The company has a quick ratio of 2.03, a current ratio of 2.03 and a debt-to-equity ratio of 0.55. The firm has a market capitalization of $22.69 billion, a P/E ratio of -63.66, a price-to-earnings-growth ratio of 1.85 and a beta of 2.08. Unity Software Inc. has a 52 week low of $16.78 and a 52 week high of $54.27.
Unity Software (NYSE:U – Get Free Report) last announced its quarterly earnings results on Thursday, November 5th. The company reported $0.44 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.41. The firm had revenue of $622.09 million during the quarter, compared to the consensus estimate of $567.03 million. Unity Software had a negative net margin of 28.97% and a positive return on equity of 4.64%. The firm’s revenue for the quarter was up 32.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.20 EPS. Analysts anticipate that Unity Software Inc. will post 0.55 earnings per share for the current fiscal year.
Unity Software News Summary
Here are the key news stories impacting Unity Software this week:
- Positive Sentiment: Unity reported Q3 revenue of about $622 million, up 32.2% year over year, and earnings of $0.44 per share, ahead of analyst expectations. The earnings beat is reinforcing optimism about the company’s growth. U Q3 2026 deep dive: AI-driven product momentum and new creator platforms underpin growth
- Positive Sentiment: Bank of America said Unity’s full gaming opportunity may not yet be reflected in the stock, pointing to potential upside from its game engine. Unity Software’s Full Gaming Potential Yet to be Reflected in the Stock, BofA Says
- Positive Sentiment: Analyst support is adding to the positive tone: Unity’s price target was raised to $59, while several firms reiterated or issued favorable outlooks. Unity Software Price Target Raised to $59.00 Wells Fargo & Company Forecasts Strong Price Appreciation for Unity Software
- Positive Sentiment: CNBC coverage highlighted the stock’s breakout despite a tech rout and discussed potential upside, helping keep attention on the rally. This software stock is bucking the latest tech rout and breaking out
Analyst Ratings Changes
A number of research analysts recently weighed in on U shares. Wedbush lifted their target price on shares of Unity Software from $55.00 to $63.00 and gave the company an “outperform” rating in a research note on Friday. Citigroup increased their price target on Unity Software from $48.00 to $59.00 and gave the stock a “buy” rating in a research note on Friday. UBS Group reissued an “outperform” rating on shares of Unity Software in a report on Friday. Bank of America raised Unity Software from a “neutral” rating to a “buy” rating and raised their price target for the company from $30.00 to $50.00 in a report on Friday, August 7th. Finally, Piper Sandler restated an “overweight” rating on shares of Unity Software in a research report on Monday, October 5th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $56.32.
Check Out Our Latest Stock Report on Unity Software
Insider Buying and Selling
In other news, COO Alexander Blum sold 43,556 shares of the business’s stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $43.51, for a total transaction of $1,895,121.56. Following the transaction, the chief operating officer owned 661,855 shares of the company’s stock, valued at approximately $28,797,311.05. The trade was a 6.17% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Rebecca Boyden sold 1,032 shares of the business’s stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $45.32, for a total value of $46,770.24. Following the transaction, the senior vice president directly owned 308,413 shares in the company, valued at approximately $13,977,277.16. This represents a 0.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 109,547 shares of company stock valued at $4,884,202 over the last quarter. Company insiders own 0.77% of the company’s stock.
Unity Software Profile
Unity Software develops a platform and tools for creating and operating interactive, real-time 2D and 3D content. Its Unity Editor and engine are used by developers to build games and other digital experiences for mobile devices, computers, consoles, and extended-reality platforms.
The company also provides services that support the delivery and growth of interactive applications, including tools for collaboration, analytics, advertising, and in-app monetization. Unity’s products serve customers across industries such as gaming, entertainment, automotive, and architecture.
Founded in 2004, Unity initially focused on making game development more accessible to creators.
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