Prospera Financial Services Inc Purchases 3,366 Shares of Unity Software Inc. $U

Prospera Financial Services Inc boosted its position in Unity Software Inc. (NYSE:U) by 22.2% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 18,508 shares of the company’s stock after purchasing an additional 3,366 shares during the period. Prospera Financial Services Inc’s holdings in Unity Software were worth $448,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of U. Resona Asset Management Co. Ltd. raised its stake in Unity Software by 11.1% in the second quarter. Resona Asset Management Co. Ltd. now owns 5,116 shares of the company’s stock valued at $124,000 after buying an additional 510 shares during the period. Atlantic Union Bankshares Corp bought a new position in shares of Unity Software during the 2nd quarter worth approximately $28,000. Moors & Cabot Inc. increased its holdings in shares of Unity Software by 21.3% during the 2nd quarter. Moors & Cabot Inc. now owns 61,095 shares of the company’s stock worth $1,478,000 after acquiring an additional 10,725 shares during the last quarter. Bank of New York Mellon Corp raised its stake in Unity Software by 1.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,275,663 shares of the company’s stock valued at $30,871,000 after acquiring an additional 20,142 shares during the period. Finally, Strs Ohio bought a new stake in Unity Software in the 2nd quarter valued at $1,264,000. Institutional investors own 73.46% of the company’s stock.

Unity Software Price Performance

NYSE:U opened at $36.73 on Friday. Unity Software Inc. has a 52 week low of $15.33 and a 52 week high of $46.94. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.78 and a current ratio of 2.78. The firm’s 50-day simple moving average is $39.94 and its 200 day simple moving average is $32.78. The firm has a market cap of $15.72 billion, a price-to-earnings ratio of -34.98 and a beta of 2.37.

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

Analysts Set New Price Targets

Several research firms have commented on U. Citigroup upped their price objective on shares of Unity Software from $50.00 to $52.00 and gave the company a “buy” rating in a report on Tuesday. BTIG Research upgraded shares of Unity Software from a “sell” rating to a “neutral” rating in a research note on Friday, October 31st. JMP Securities upped their price target on shares of Unity Software from $30.00 to $35.00 and gave the company a “market outperform” rating in a research note on Thursday, August 7th. Wedbush increased their price target on shares of Unity Software from $42.00 to $50.00 and gave the company an “outperform” rating in a report on Thursday, November 6th. Finally, Wall Street Zen downgraded shares of Unity Software from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $38.52.

Insider Buying and Selling at Unity Software

In other Unity Software news, Director Shlomo Dovrat sold 30,000 shares of the firm’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $42.87, for a total transaction of $1,286,100.00. Following the transaction, the director owned 159,089 shares in the company, valued at $6,820,145.43. This trade represents a 15.87% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Jarrod Yahes sold 14,914 shares of the company’s stock in a transaction 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 sale, the chief financial officer owned 608,590 shares of the company’s stock, valued at approximately $26,017,222.50. The trade was a 2.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 2,440,899 shares of company stock valued at $103,666,058 over the last ninety days. 3.61% of the stock is owned by corporate insiders.

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.