Unity Software Inc. $U Stock Holdings Lifted by University of Texas Texas AM Investment Management Co.

University of Texas Texas AM Investment Management Co. increased its stake in Unity Software Inc. (NYSE:U) by 375.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 24,814 shares of the company’s stock after acquiring an additional 19,596 shares during the quarter. University of Texas Texas AM Investment Management Co.’s holdings in Unity Software were worth $1,016,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. V Square Quantitative Management LLC boosted its position in Unity Software by 14.6% in the 3rd quarter. V Square Quantitative Management LLC now owns 2,329 shares of the company’s stock valued at $95,000 after buying an additional 297 shares during the period. Fortitude Family Office LLC grew its stake in Unity Software by 56.1% in the 3rd quarter. Fortitude Family Office LLC now owns 840 shares of the company’s stock worth $34,000 after acquiring an additional 302 shares in the last quarter. Elevation Wealth Partners LLC grew its stake in Unity Software by 15.0% in the 3rd quarter. Elevation Wealth Partners LLC now owns 2,628 shares of the company’s stock worth $108,000 after acquiring an additional 342 shares in the last quarter. Pictet Asset Management Holding SA increased its position in shares of Unity Software by 0.7% during the third quarter. Pictet Asset Management Holding SA now owns 51,640 shares of the company’s stock worth $2,114,000 after acquiring an additional 346 shares during the period. Finally, KBC Group NV increased its position in shares of Unity Software by 1.0% during the first quarter. KBC Group NV now owns 52,505 shares of the company’s stock worth $1,152,000 after acquiring an additional 545 shares during the period. Institutional investors own 73.46% of the company’s stock.

More Unity Software News

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

• Positive Sentiment: Q3 results beat expectations: Unity reported revenue of $622.1 million, up 32.2% year over year, and adjusted earnings of $0.44 per share. It also posted its first GAAP quarterly profit since its 2020 IPO, with net income of $122 million. Unity Q3 earnings beat estimates on Vector strength and margin gains
• Positive Sentiment: AI-driven advertising is gaining traction: Revenue from Vector, Unity’s AI-powered advertising platform, surged 126%, helping widen margins and bolstering the growth outlook. Unity Q3 earnings call highlights Vector growth and AI expansion
• Positive Sentiment: Outlook topped analyst expectations: Unity’s Q4 revenue guidance was well above consensus, with management anticipating 65%–67% growth in strategic revenue and an adjusted EBITDA margin of about 42%. Unity forecasts Q4 strategic revenue and margin
• Positive Sentiment: Analyst targets moved higher: Needham and Citizens JMP raised targets to $70; Oppenheimer and Wells Fargo raised theirs to $64, while Citigroup lifted its target to $59. Needham price-target update
• Neutral Sentiment: Takeover reports add uncertainty: Silver Lake and Saudi Arabia’s Public Investment Fund reportedly held discussions about acquiring Unity. Talks are described as early-stage, with no confirmed agreement or final terms. Silver Lake and PIF takeover approach report
• Negative Sentiment: Creator tools are a caveat: While advertising is growing rapidly, a report noted that Unity’s creator-tools business is slowing, which could temper the broader growth story if that weakness persists. Vector ads lift Unity to first GAAP profit

Unity Software Stock Performance

U stock opened at $51.55 on Monday. Unity Software Inc. has a 1-year low of $16.78 and a 1-year high of $52.91. The business has a 50-day moving average price of $42.48 and a 200 day moving average price of $31.84. The company has a market capitalization of $22.69 billion, a P/E ratio of -63.65, a PEG ratio of 2.24 and a beta of 2.08. The company has a debt-to-equity ratio of 0.55, a current ratio of 2.03 and a quick ratio of 2.03.

Unity Software (NYSE:U) last issued its earnings results on Thursday, November 5th. The company reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.41. Unity Software had a negative net margin of 15.60% and a positive return on equity of 9.89%. The company had revenue of $622.09 million for the quarter, compared to analysts’ expectations of $567.03 million. During the same period in the prior year, the business earned $0.20 EPS. The firm’s quarterly revenue was up 32.2% on a year-over-year basis. As a group, equities research analysts forecast that Unity Software Inc. will post 0.55 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on U shares. UBS Group reaffirmed an “outperform” rating on shares of Unity Software in a research note on Friday. Wedbush boosted their price target on Unity Software from $55.00 to $63.00 and gave the company an “outperform” rating in a report on Friday. BTIG Research reissued a “buy” rating and issued a $60.00 price objective (up from $53.00) on shares of Unity Software in a research note on Thursday. Weiss Ratings restated a “sell (d-)” rating on shares of Unity Software in a report on Monday, November 2nd. Finally, Citigroup raised their price objective on Unity Software from $48.00 to $59.00 and gave the stock a “buy” rating in a report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Unity Software presently has a consensus rating of “Moderate Buy” and a consensus target price of $56.32.

Insider Buying and Selling at Unity Software

In other news, COO Alexander Blum sold 43,556 shares of the stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $43.51, for a total transaction of $1,895,121.56. Following the transaction, the chief operating officer directly owned 661,855 shares in the company, valued at approximately $28,797,311.05. This trade represents a 6.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Rebecca Boyden sold 1,032 shares of Unity Software stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $45.32, for a total transaction 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. The trade was a 0.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 109,547 shares of company stock worth $4,884,202. 0.77% of the stock is owned by company insiders.

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.