Insider Selling: Unity Software (NYSE:U) CFO Sells $617,250.00 in Stock

by · The Cerbat Gem

Unity Software Inc. (NYSE:U – Get Free Report) CFO Jarrod Yahes sold 15,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 6th. The stock was sold at an average price of $41.15, for a total transaction of $617,250.00. Following the transaction, the chief financial officer directly owned 623,504 shares of the company’s stock, valued at $25,657,189.60. This represents a 2.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Jarrod Yahes also recently made the following trade(s):

  • On Monday, August 25th, Jarrod Yahes sold 29,876 shares of Unity Software stock. The shares were sold at an average price of $39.32, for a total transaction of $1,174,724.32.

Unity Software Stock Performance

Shares of NYSE:U traded up $0.09 during midday trading on Friday, reaching $40.02. The company’s stock had a trading volume of 10,885,911 shares, compared to its average volume of 12,072,816. The company has a quick ratio of 2.73, a current ratio of 2.73 and a debt-to-equity ratio of 0.70. The stock has a fifty day moving average of $39.99 and a 200 day moving average of $32.01. Unity Software Inc. has a twelve month low of $15.33 and a twelve month high of $46.94. The firm has a market capitalization of $16.91 billion, a PE ratio of -38.12 and a beta of 2.37.

Unity Software (NYSE:U – Get Free Report) last posted its quarterly earnings results on Wednesday, November 5th. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.17 by $0.03. The company had revenue of $470.62 million for the quarter, compared to analyst estimates of $452.87 million. Unity Software had a negative net margin of 24.15% and a negative return on equity of 9.47%. The firm’s revenue was up 5.4% on a year-over-year basis. During the same period in the prior year, the company earned ($0.31) earnings per share. Unity Software has set its Q4 2025 guidance at EPS. On average, equities analysts expect that Unity Software Inc. will post -1.25 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. UBS Group upped their target price on Unity Software from $35.00 to $40.00 and gave the stock a “neutral” rating in a research note on Monday, October 20th. HSBC lowered Unity Software from a “buy” rating to a “hold” rating and upped their price objective for the stock from $37.50 to $40.80 in a research report on Tuesday, September 30th. Morgan Stanley lifted their target price on shares of Unity Software from $40.00 to $44.00 and gave the company an “overweight” rating in a report on Monday, October 20th. Arete Research upgraded shares of Unity Software to a “hold” rating in a research note on Thursday, October 16th. Finally, The Goldman Sachs Group initiated coverage on shares of Unity Software in a research report on Wednesday, October 15th. They set a “neutral” rating and a $38.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Unity Software presently has a consensus rating of “Hold” and a consensus price target of $37.10.

Check Out Our Latest Analysis on Unity Software

Institutional Trading of Unity Software

Several hedge funds have recently made changes to their positions in U. GSA Capital Partners LLP purchased a new stake in shares of Unity Software in the third quarter valued at about $256,000. Vanguard Group Inc. lifted its position in Unity Software by 2.8% in the third quarter. Vanguard Group Inc. now owns 34,556,611 shares of the company’s stock valued at $1,383,647,000 after purchasing an additional 930,293 shares during the period. State of New Jersey Common Pension Fund D boosted its holdings in Unity Software by 6.2% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 111,231 shares of the company’s stock valued at $4,454,000 after purchasing an additional 6,513 shares in the last quarter. Capital CS Group LLC acquired a new position in Unity Software during the 3rd quarter worth approximately $204,000. Finally, Illinois Municipal Retirement Fund purchased a new position in shares of Unity Software during the 3rd quarter worth approximately $931,000. Institutional investors and hedge funds own 73.46% of the company’s stock.

About Unity Software

(Get Free Report)

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.

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