Unity Software (NYSE:U) CAO Mark Barrysmith Sells 29,599 Shares

Unity Software Inc. (NYSE:U) CAO Mark Barrysmith sold 29,599 shares of the stock in a transaction that occurred on Monday, November 24th. The stock was sold at an average price of $41.41, for a total value of $1,225,694.59. Following the transaction, the chief accounting officer owned 422,570 shares in the company, valued at $17,498,623.70. This represents a 6.55% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Mark Barrysmith also recently made the following trade(s):

• On Tuesday, November 25th, Mark Barrysmith sold 13,684 shares of Unity Software stock. The stock was sold at an average price of $41.38, for a total value of $566,243.92.
• On Monday, November 17th, Mark Barrysmith sold 817 shares of Unity Software stock. The stock was sold at an average price of $36.60, for a total transaction of $29,902.20.
• On Thursday, October 16th, Mark Barrysmith sold 802 shares of Unity Software stock. The stock was sold at an average price of $36.22, for a total transaction of $29,048.44.
• On Tuesday, September 16th, Mark Barrysmith sold 645 shares of Unity Software stock. The shares were sold at an average price of $46.52, for a total transaction of $30,005.40.

Unity Software Stock Performance

NYSE:U opened at $42.53 on Thursday. The company has a market cap of $18.20 billion, a P/E ratio of -40.51 and a beta of 2.37. Unity Software Inc. has a twelve month low of $15.33 and a twelve month high of $46.94. The company’s 50-day moving average price is $39.08 and its 200-day moving average price is $33.88. The company has a current ratio of 2.78, a quick ratio of 2.78 and a debt-to-equity ratio of 0.70.

Unity Software (NYSE:U) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of $0.17 by $0.03. Unity Software had a negative net margin of 24.15% and a negative return on equity of 9.45%. The company had revenue of $470.62 million during the quarter, compared to the consensus estimate of $452.87 million. During the same quarter in the prior year, the firm earned ($0.31) EPS. Unity Software’s quarterly revenue was up 5.4% on a year-over-year basis. Unity Software has set its Q4 2025 guidance at EPS. On average, sell-side analysts forecast that Unity Software Inc. will post -1.25 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have weighed in on U. Arete lowered Unity Software from a “buy” rating to a “neutral” rating and set a $36.00 price objective on the stock. in a research note on Thursday, October 16th. Wedbush lifted their target price on shares of Unity Software from $42.00 to $50.00 and gave the stock an “outperform” rating in a research note on Thursday, November 6th. HSBC cut shares of Unity Software from a “buy” rating to a “hold” rating and increased their price target for the company from $37.50 to $40.80 in a research note on Tuesday, September 30th. Wells Fargo & Company upped their price objective on Unity Software from $37.00 to $42.00 and gave the company an “equal weight” rating in a report on Friday, November 7th. Finally, Macquarie raised Unity Software from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $33.00 to $50.00 in a research note on Friday, November 7th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $38.52.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. Danske Bank A S purchased a new stake in shares of Unity Software in the 3rd quarter valued at $80,000. NewEdge Advisors LLC boosted its stake in shares of Unity Software by 800.0% in the third quarter. NewEdge Advisors LLC now owns 3,987 shares of the company’s stock valued at $160,000 after purchasing an additional 3,544 shares during the period. Synergy Financial Group LTD purchased a new position in shares of Unity Software in the third quarter valued at approximately $336,000. Sender Co & Partners Inc. grew its holdings in shares of Unity Software by 8.8% in the third quarter. Sender Co & Partners Inc. now owns 123,486 shares of the company’s stock valued at $4,944,000 after purchasing an additional 9,973 shares in the last quarter. Finally, XTX Topco Ltd purchased a new stake in Unity Software during the 3rd quarter worth approximately $2,287,000. 73.46% of the stock is currently owned by hedge funds and other institutional investors.

About Unity Software

Unity Software Inc operates a real-time 3D development platform. Its platform provides software solutions to create, run, and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. The company offers its solutions directly through its online store and field sales operations in North America, Denmark, Finland, the United Kingdom, Germany, Japan, China, Singapore, and South Korea, as well as indirectly through independent distributors and resellers worldwide.