Insider Selling: Unity Software (NYSE:U) CAO Sells $191,144.46 in Stock

Unity Software Inc. (NYSE:U) CAO Mark Barrysmith sold 10,578 shares of the stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $18.07, for a total transaction of $191,144.46. Following the completion of the sale, the chief accounting officer owned 383,901 shares in the company, valued at $6,937,091.07. The trade was a 2.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• On Wednesday, December 10th, Mark Barrysmith sold 14,407 shares of Unity Software stock. The shares were sold at an average price of $50.01, for a total transaction of $720,494.07.

Unity Software Price Performance

NYSE:U opened at $18.14 on Monday. The firm’s fifty day moving average is $34.50 and its two-hundred day moving average is $38.58. The firm has a market cap of $7.85 billion, a price-to-earnings ratio of -18.89, a PEG ratio of 9.78 and a beta of 2.15. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.84 and a current ratio of 1.84. Unity Software Inc. has a one year low of $15.33 and a one year high of $52.15.

Unity Software (NYSE:U) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $0.24 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $503.09 million during the quarter, compared to analysts’ expectations of $490.64 million. During the same quarter in the previous year, the firm posted ($0.30) EPS. The company’s revenue for the quarter was up 10.1% on a year-over-year basis. Research analysts expect that Unity Software Inc. will post -1.25 EPS for the current year.

Trending Headlines about Unity Software

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. GAMMA Investing LLC boosted its stake in Unity Software by 10.8% during the 3rd quarter. GAMMA Investing LLC now owns 2,967 shares of the company’s stock worth $119,000 after purchasing an additional 288 shares during the last quarter. Newbridge Financial Services Group Inc. lifted its stake in shares of Unity Software by 12.9% in the third quarter. Newbridge Financial Services Group Inc. now owns 2,696 shares of the company’s stock worth $108,000 after buying an additional 308 shares in the last quarter. Xponance Inc. boosted its position in Unity Software by 1.8% during the third quarter. Xponance Inc. now owns 18,291 shares of the company’s stock worth $732,000 after acquiring an additional 328 shares during the last quarter. Larson Financial Group LLC grew its stake in Unity Software by 88.1% during the 3rd quarter. Larson Financial Group LLC now owns 728 shares of the company’s stock valued at $29,000 after acquiring an additional 341 shares in the last quarter. Finally, Allworth Financial LP raised its holdings in Unity Software by 28.4% in the 2nd quarter. Allworth Financial LP now owns 1,865 shares of the company’s stock valued at $45,000 after acquiring an additional 412 shares during the last quarter. 73.46% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

U has been the subject of several recent research reports. Arete Research raised shares of Unity Software from a “neutral” rating to a “buy” rating and set a $48.00 target price for the company in a report on Monday, December 1st. Piper Sandler upgraded shares of Unity Software from a “neutral” rating to an “overweight” rating and raised their price target for the company from $43.00 to $59.00 in a research report on Thursday, December 11th. Jefferies Financial Group lifted their price objective on shares of Unity Software from $49.00 to $55.00 and gave the company a “buy” rating in a report on Monday, January 5th. Citizens Jmp decreased their price objective on shares of Unity Software from $50.00 to $37.00 and set a “market outperform” rating for the company in a research report on Thursday, February 12th. Finally, BTIG Research dropped their target price on Unity Software from $60.00 to $41.00 and set a “buy” rating on the stock in a research report on Thursday, February 12th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $39.52.

Unity Software Company Profile

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.