Unity Bancorp (NASDAQ:UNTY) Sees Large Volume Increase – Here’s Why

Posted by George Bondi on Jul 14th, 2026

Shares of Unity Bancorp, Inc. (NASDAQ:UNTY – Get Free Report) saw an uptick in trading volume on Tuesday . Approximately 30,124 shares traded hands during mid-day trading, a decline of 42% from the previous session’s volume of 51,926 shares.The stock last traded at $56.3930 and had previously closed at $57.35.

Wall Street Analyst Weigh In

Several equities research analysts have commented on UNTY shares. Brean Capital started coverage on shares of Unity Bancorp in a research report on Wednesday, April 22nd. They set a “buy” rating and a $61.00 price target on the stock. Weiss Ratings upgraded Unity Bancorp from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday, May 4th. Freedom Capital raised Unity Bancorp to a “hold” rating in a research report on Friday, July 3rd. Piper Sandler upped their target price on Unity Bancorp from $65.00 to $68.00 and gave the stock an “overweight” rating in a report on Friday, June 26th. Finally, DA Davidson began coverage on Unity Bancorp in a research report on Friday, May 15th. They set a “buy” rating and a $68.00 price target for the company. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $65.50.

Get Our Latest Research Report on UNTY

Unity Bancorp Trading Down 4.4%

The business’s 50-day moving average price is $55.42 and its 200 day moving average price is $53.83. The company has a market cap of $550.39 million, a P/E ratio of 9.23 and a beta of 0.62. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.17 and a current ratio of 1.17.

Unity Bancorp (NASDAQ:UNTY – Get Free Report) last released its quarterly earnings data on Tuesday, July 14th. The financial services provider reported $1.42 earnings per share for the quarter, missing the consensus estimate of $1.44 by ($0.02). Unity Bancorp had a return on equity of 16.06% and a net margin of 31.33%. As a group, analysts expect that Unity Bancorp, Inc. will post 5.84 earnings per share for the current year.

Unity Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, June 4th. Unity Bancorp’s payout ratio is 10.77%.

Insider Buying and Selling

In other Unity Bancorp news, Director Mark S. Brody sold 1,600 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $55.23, for a total value of $88,368.00. Following the sale, the director owned 113,854 shares in the company, valued at $6,288,156.42. This represents a 1.39% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Mary E. Gross sold 2,075 shares of the firm’s stock in a transaction that occurred on Friday, April 17th. The shares were sold at an average price of $56.01, for a total value of $116,220.75. Following the completion of the sale, the director directly owned 18,479 shares of the company’s stock, valued at approximately $1,035,008.79. The trade was a 10.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 28.87% of the stock is owned by insiders.

Institutional Investors Weigh In On Unity Bancorp

Large investors have recently added to or reduced their stakes in the business. CWM LLC lifted its holdings in Unity Bancorp by 38.0% during the 4th quarter. CWM LLC now owns 857 shares of the financial services provider’s stock valued at $44,000 after purchasing an additional 236 shares during the last quarter. Russell Investments Group Ltd. boosted its position in Unity Bancorp by 159.1% during the third quarter. Russell Investments Group Ltd. now owns 987 shares of the financial services provider’s stock worth $48,000 after purchasing an additional 606 shares during the period. Strs Ohio acquired a new position in shares of Unity Bancorp in the first quarter valued at $49,000. State of Alaska Department of Revenue increased its holdings in shares of Unity Bancorp by 261.1% in the fourth quarter. State of Alaska Department of Revenue now owns 1,412 shares of the financial services provider’s stock valued at $72,000 after purchasing an additional 1,021 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its position in shares of Unity Bancorp by 14.8% in the second quarter. BNP Paribas Financial Markets now owns 2,883 shares of the financial services provider’s stock valued at $136,000 after purchasing an additional 372 shares during the period. Institutional investors own 42.31% of the company’s stock.

About Unity Bancorp

(Get Free Report)

Unity Bancorp, Inc is a bank holding company headquartered in Morrisville, Pennsylvania, trading on the NASDAQ under the ticker UNTY. Through its primary subsidiary, Unity Bank, the company delivers a comprehensive suite of commercial and retail banking services to individuals, businesses and municipal clients in its regional markets.

Founded in 1906, Unity Bank maintains a network of conveniently located branches across Bucks County and adjacent areas of southeastern Pennsylvania. The company’s deposit portfolio includes checking and savings accounts, money market accounts and certificates of deposit, while its loan offerings encompass commercial real estate, construction and land development, agricultural and consumer lending solutions.

Beyond traditional deposit and lending activities, Unity Bancorp provides cash management and merchant services, as well as internet and mobile banking platforms designed to streamline day-to-day financial operations.