Unity Software (NYSE:U) CFO Jarrod Yahes Sells 12,196 Shares

Unity Software Inc. (NYSE:U) CFO Jarrod Yahes sold 12,196 shares of the stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $18.07, for a total value of $220,381.72. Following the completion of the transaction, the chief financial officer directly owned 533,933 shares in the company, valued at $9,648,169.31. The trade was a 2.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Unity Software Trading Down 7.4%

NYSE U opened at $18.14 on Friday. Unity Software Inc. has a one year low of $15.33 and a one year high of $52.15. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.84 and a quick ratio of 1.84. The firm has a market cap of $7.85 billion, a P/E ratio of -18.89, a P/E/G ratio of 10.50 and a beta of 2.04. The stock’s 50-day moving average is $34.50 and its 200-day moving average is $38.57.

Unity Software (NYSE:U) last released its earnings results on Wednesday, February 11th. The company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.20 by $0.04. Unity Software had a negative return on equity of 4.76% and a negative net margin of 21.77%.The firm had revenue of $503.09 million during the quarter, compared to analysts’ expectations of $490.64 million. During the same quarter in the prior year, the company earned ($0.30) EPS. The company’s revenue was up 10.1% on a year-over-year basis. Sell-side analysts anticipate that Unity Software Inc. will post -1.25 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Unity Software

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. T. Rowe Price Investment Management Inc. raised its position in Unity Software by 41.5% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 4,622,445 shares of the company’s stock valued at $204,174,000 after acquiring an additional 1,355,847 shares in the last quarter. Compound Planning Inc. boosted its stake in Unity Software by 35.6% during the 4th quarter. Compound Planning Inc. now owns 12,764 shares of the company’s stock worth $564,000 after purchasing an additional 3,354 shares during the last quarter. Corient Private Wealth LLC grew its stake in Unity Software by 60.8% during the 4th quarter. Corient Private Wealth LLC now owns 17,429 shares of the company’s stock valued at $768,000 after acquiring an additional 6,593 shares in the last quarter. Arohi Asset Management PTE Ltd. purchased a new stake in shares of Unity Software in the fourth quarter valued at approximately $2,208,000. Finally, Vident Advisory LLC increased its stake in shares of Unity Software by 8.2% in the 4th quarter. Vident Advisory LLC now owns 18,469 shares of the company’s stock worth $816,000 after acquiring an additional 1,401 shares during the last quarter. Hedge funds and other institutional investors own 73.46% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on U shares. Wells Fargo & Company decreased their target price on Unity Software from $54.00 to $38.00 and set an “overweight” rating on the stock in a report on Thursday, February 12th. Oppenheimer raised shares of Unity Software from a “market perform” rating to an “outperform” rating and set a $38.00 price objective on the stock in a research report on Tuesday, February 10th. Weiss Ratings restated a “sell (d-)” rating on shares of Unity Software in a research note on Wednesday, January 21st. Citizens Jmp decreased their price target on shares of Unity Software from $50.00 to $37.00 and set a “market outperform” rating on the stock in a research note on Thursday, February 12th. Finally, Benchmark restated a “hold” rating on shares of Unity Software in a research report on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $39.52.

More Unity Software News

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

• Neutral Sentiment: Heightened investor attention reported by Zacks/Yahoo — more searches and coverage may increase volatility and trading volume in the short term. Investors Heavily Search Unity Software Inc. (U)
• Neutral Sentiment: Recent fundamentals: Unity reported a revenue and EPS beat in its Feb. 11 quarter and year‑over‑year revenue growth — positive operational context that may limit the durability of any sell‑off (background reporting).
• Negative Sentiment: COO Alexander Blum sold 2,541 shares on Feb. 27 at ~$18.76 (≈$47.7k), trimming his position by ~0.46%; SEC filing here. SEC Filing
• Negative Sentiment: COO Alexander Blum also sold 10,164 shares on Feb. 25 at ~$18.07 (~$183.7k), a ~1.81% cut to his holdings; same SEC filing as above. SEC Filing
• Negative Sentiment: CAO Mark Barrysmith sold 10,578 shares on Feb. 25 at ~$18.07 (~$191.1k), reducing his stake by ~2.68%; SEC filing here. SEC Filing
• Negative Sentiment: CFO Jarrod Yahes sold 12,196 shares on Feb. 25 at ~$18.07 (~$220.4k), cutting his holding by ~2.23%; SEC filing here. SEC Filing

About Unity Software

Unity Software is a leading provider of a real-time 3D development platform that enables creators across industries to design, build and operate interactive, real-time experiences. Originally focused on the game development market, Unity’s technology now extends into sectors such as film, automotive, architecture, engineering and construction, delivering immersive content for mobile, desktop, console, augmented reality and virtual reality devices. The company’s core offering comprises a suite of authoring tools, runtime engines and cloud services that streamline the creation and deployment of interactive 3D applications.

The Unity Editor serves as the central hub where developers design scenes, script behavior and iterate on assets.