Unity Software Inc. (NYSE:U) Receives Average Rating of “Hold” from Analysts

Unity Software Inc. (NYSE:U) has been given an average rating of “Hold” by the twenty-three research firms that are covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, twelve have given a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $38.5176.

U has been the subject of a number of analyst reports. Barclays boosted their price objective on shares of Unity Software from $30.00 to $35.00 and gave the company an “equal weight” rating in a research report on Thursday, November 6th. Morgan Stanley boosted their price target on Unity Software from $40.00 to $44.00 and gave the company an “overweight” rating in a report on Monday, October 20th. Needham & Company LLC increased their price target on Unity Software from $40.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, November 6th. Macquarie raised Unity Software from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $33.00 to $50.00 in a research report on Friday, November 7th. Finally, The Goldman Sachs Group started coverage on Unity Software in a research note on Wednesday, October 15th. They issued a “neutral” rating and a $38.00 target price for the company.

Insider Activity at Unity Software

In related news, COO Alexander Blum sold 63,813 shares of the company’s stock in a transaction that occurred on Wednesday, August 27th. The shares were sold at an average price of $39.41, for a total transaction of $2,514,870.33. Following the completion of the transaction, the chief operating officer owned 603,811 shares of the company’s stock, valued at approximately $23,796,191.51. This represents a 9.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director David Helgason sold 1,350,000 shares of the stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $44.43, for a total transaction of $59,980,500.00. Following the transaction, the director directly owned 6,139,173 shares in the company, valued at approximately $272,763,456.39. This represents a 18.03% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 2,414,283 shares of company stock worth $102,509,802. Corporate insiders own 3.61% of the company’s stock.

Institutional Trading of Unity Software

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Root Financial Partners LLC acquired a new position in Unity Software in the third quarter valued at $27,000. Aster Capital Management DIFC Ltd acquired a new position in shares of Unity Software in the 3rd quarter valued at about $38,000. Salem Investment Counselors Inc. acquired a new position in shares of Unity Software in the 3rd quarter valued at about $40,000. CX Institutional purchased a new stake in shares of Unity Software during the 2nd quarter worth about $25,000. Finally, Atlantic Union Bankshares Corp acquired a new stake in Unity Software during the 2nd quarter worth approximately $28,000. 73.46% of the stock is currently owned by institutional investors and hedge funds.

Unity Software Stock Down 3.4%

Shares of NYSE:U opened at $40.04 on Thursday. The company has a quick ratio of 2.78, a current ratio of 2.78 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $17.13 billion, a P/E ratio of -38.13 and a beta of 2.37. Unity Software has a 52-week low of $15.33 and a 52-week high of $46.94. The stock’s fifty day simple moving average is $40.14 and its 200-day simple moving average is $32.64.

Unity Software (NYSE:U) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.17 by $0.03. The firm had revenue of $470.62 million during the quarter, compared to analysts’ expectations of $452.87 million. Unity Software had a negative return on equity of 9.45% and a negative net margin of 24.15%.The firm’s quarterly revenue was up 5.4% compared to the same quarter last year. During the same quarter last year, the business posted ($0.31) EPS. Unity Software has set its Q4 2025 guidance at EPS. As a group, equities research analysts forecast that Unity Software will post -1.25 earnings per share for the current fiscal year.

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.