Unity Software (NYSE:U) COO Sells $1,683,876.34 in Stock

Unity Software Inc. (NYSE:U) COO Alexander Blum sold 40,693 shares of Unity Software stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $41.38, for a total transaction of $1,683,876.34. Following the transaction, the chief operating officer owned 563,118 shares of the company’s stock, valued at approximately $23,301,822.84. The trade was a 6.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Unity Software Trading Down 0.1%

Shares of NYSE U traded down $0.05 during trading on Wednesday, hitting $42.53. 5,580,176 shares of the company traded hands, compared to its average volume of 10,875,045. The company has a 50-day moving average price of $39.08 and a 200-day moving average price of $33.88. The firm has a market capitalization of $18.20 billion, a P/E ratio of -40.51 and a beta of 2.37. The company has a quick ratio of 2.78, a current ratio of 2.78 and a debt-to-equity ratio of 0.70. Unity Software Inc. has a 1 year low of $15.33 and a 1 year high of $46.94.

Unity Software (NYSE:U) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate 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 firm had revenue of $470.62 million for the quarter, compared to the consensus estimate of $452.87 million. During the same quarter in the previous year, the firm posted ($0.31) EPS. The firm’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, equities analysts predict that Unity Software Inc. will post -1.25 EPS for the current year.

Institutional Trading of Unity Software

Several hedge funds and other institutional investors have recently bought and sold shares of the business. CX Institutional bought a new stake in Unity Software during the 2nd quarter valued at $25,000. Root Financial Partners LLC purchased a new position in Unity Software during the 3rd quarter worth $27,000. Banque Transatlantique SA bought a new stake in shares of Unity Software in the 1st quarter worth $28,000. Atlantic Union Bankshares Corp purchased a new position in Unity Software during the second quarter worth about $28,000. Finally, Larson Financial Group LLC grew its position in Unity Software by 88.1% in the 3rd quarter. Larson Financial Group LLC now owns 728 shares of the company’s stock worth $29,000 after purchasing an additional 341 shares in the last quarter. Institutional investors and hedge funds own 73.46% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. UBS Group raised their target price on shares of Unity Software from $35.00 to $40.00 and gave the company a “neutral” rating in a research note on Monday, October 20th. Macquarie raised shares of Unity Software from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $33.00 to $50.00 in a report on Friday, November 7th. BTIG Research raised Unity Software from a “sell” rating to a “neutral” rating in a report on Friday, October 31st. Wells Fargo & Company upped their price target on Unity Software from $37.00 to $42.00 and gave the company an “equal weight” rating in a research note on Friday, November 7th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Unity Software in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Unity Software has a consensus rating of “Hold” and an average target price of $38.52.

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.