Edmond DE Rothschild Holding S.A. Trims Stock Position in Unity Software Inc. $U

Edmond DE Rothschild Holding S.A. cut its holdings in Unity Software Inc. (NYSE:UFree Report) by 16.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,751,421 shares of the company’s stock after selling 336,582 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Unity Software were worth $42,384,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in U. Vanguard Group Inc. raised its position in Unity Software by 5.9% in the first quarter. Vanguard Group Inc. now owns 32,964,521 shares of the company’s stock valued at $645,775,000 after purchasing an additional 1,841,486 shares during the period. Atreides Management LP raised its holdings in Unity Software by 146.7% in the 1st quarter. Atreides Management LP now owns 9,430,955 shares of the company’s stock valued at $184,752,000 after buying an additional 5,607,572 shares during the period. Geode Capital Management LLC lifted its position in Unity Software by 0.7% in the second quarter. Geode Capital Management LLC now owns 5,064,703 shares of the company’s stock valued at $122,587,000 after buying an additional 36,105 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in Unity Software by 89.7% during the first quarter. Ameriprise Financial Inc. now owns 3,357,530 shares of the company’s stock worth $65,778,000 after buying an additional 1,587,582 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its stake in Unity Software by 8.8% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 3,017,147 shares of the company’s stock worth $73,015,000 after buying an additional 243,990 shares during the period. Institutional investors and hedge funds own 73.46% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on U. BTIG Research raised shares of Unity Software from a “sell” rating to a “neutral” rating in a research note on Friday, October 31st. Morgan Stanley upped their price target on Unity Software from $40.00 to $44.00 and gave the stock an “overweight” rating in a research note on Monday, October 20th. Zacks Research lowered Unity Software from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 13th. Deutsche Bank Aktiengesellschaft initiated coverage on Unity Software in a report on Wednesday, October 22nd. They issued a “hold” rating and a $39.00 price objective on the stock. Finally, HSBC cut Unity Software from a “buy” rating to a “hold” rating and raised their target price for the company from $37.50 to $40.80 in a report on Tuesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $38.52.

Get Our Latest Research Report on Unity Software

Unity Software Trading Up 7.3%

NYSE:U opened at $41.60 on Tuesday. Unity Software Inc. has a 12-month low of $15.33 and a 12-month high of $46.94. The firm has a market cap of $17.80 billion, a PE ratio of -39.62 and a beta of 2.38. The company has a current ratio of 2.78, a quick ratio of 2.78 and a debt-to-equity ratio of 0.70. The stock has a fifty day moving average price of $39.21 and a 200 day moving average price of $33.67.

Unity Software (NYSE:UGet Free Report) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.03. The company had revenue of $470.62 million for the quarter, compared to the consensus estimate of $452.87 million. Unity Software had a negative return on equity of 9.45% and a negative net margin of 24.15%.Unity Software’s revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.31) EPS. Unity Software has set its Q4 2025 guidance at EPS. Sell-side analysts anticipate that Unity Software Inc. will post -1.25 earnings per share for the current fiscal year.

Insider Transactions at Unity Software

In related news, CFO Jarrod Yahes sold 14,914 shares of Unity Software stock in a transaction that occurred on Monday, November 10th. The shares were sold at an average price of $42.75, for a total value of $637,573.50. Following the completion of the transaction, the chief financial officer owned 608,590 shares in the company, valued at $26,017,222.50. The trade was a 2.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Tomer Bar-Zeev sold 250,000 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $37.98, for a total transaction of $9,495,000.00. Following the completion of the sale, the director directly owned 1,298,146 shares in the company, valued at approximately $49,303,585.08. This represents a 16.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 2,281,021 shares of company stock valued at $97,292,233 over the last quarter. Insiders own 3.61% of the company’s stock.

Unity Software Company Profile

(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.

Featured Stories

Want to see what other hedge funds are holding U? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Unity Software Inc. (NYSE:UFree Report).

Institutional Ownership by Quarter for Unity Software (NYSE:U)

Receive News & Ratings for Unity Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unity Software and related companies with MarketBeat.com's FREE daily email newsletter.