Jarrod Yahes Sells 34,719 Shares of Unity Software (NYSE:U) Stock

Unity Software Inc. (NYSE:U) CFO Jarrod Yahes sold 34,719 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $41.38, for a total transaction of $1,436,672.22. Following the completion of the transaction, the chief financial officer owned 573,871 shares in the company, valued at $23,746,781.98. This trade represents a 5.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Jarrod Yahes also recently made the following trade(s):

• On Wednesday, November 26th, Jarrod Yahes sold 27,742 shares of Unity Software stock. The stock was sold at an average price of $42.79, for a total transaction of $1,187,080.18.
• On Monday, November 10th, Jarrod Yahes sold 14,914 shares of Unity Software stock. The stock was sold at an average price of $42.75, for a total value of $637,573.50.
• On Thursday, November 6th, Jarrod Yahes sold 15,000 shares of Unity Software stock. The stock was sold at an average price of $41.15, for a total value of $617,250.00.

Unity Software Trading Down 0.1%

Shares of Unity Software stock traded down $0.05 on Wednesday, hitting $42.53. 5,580,176 shares of the company’s stock traded hands, compared to its average volume of 10,875,045. The company has a fifty day moving average of $39.08 and a two-hundred day moving average of $33.88. Unity Software Inc. has a one year low of $15.33 and a one year high of $46.94. The company has a market capitalization of $18.20 billion, a price-to-earnings ratio of -40.51 and a beta of 2.37. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.78 and a quick ratio of 2.78.

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

Analysts Set New Price Targets

Several equities analysts have recently weighed in on U shares. BTIG Research upgraded shares of Unity Software from a “sell” rating to a “neutral” rating in a report on Friday, October 31st. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Unity Software in a research note on Wednesday, October 8th. Wedbush raised their price objective on Unity Software from $42.00 to $50.00 and gave the company an “outperform” rating in a research note on Thursday, November 6th. Arete lowered Unity Software from a “buy” rating to a “neutral” rating and set a $36.00 target price on the stock. in a research report on Thursday, October 16th. Finally, JMP Securities increased their target price on Unity Software from $30.00 to $35.00 and gave the stock a “market outperform” rating in a report on Thursday, August 7th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, Unity Software has a consensus rating of “Hold” and an average target price of $38.52.

Hedge Funds Weigh In On Unity Software

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of Unity Software by 2.8% in the third quarter. Vanguard Group Inc. now owns 34,556,611 shares of the company’s stock worth $1,383,647,000 after purchasing an additional 930,293 shares in the last quarter. Slate Path Capital LP boosted its holdings in Unity Software by 25.4% in the 2nd quarter. Slate Path Capital LP now owns 20,016,952 shares of the company’s stock worth $484,410,000 after buying an additional 4,048,484 shares during the period. Wellington Management Group LLP grew its stake in Unity Software by 58.7% in the 3rd quarter. Wellington Management Group LLP now owns 18,213,875 shares of the company’s stock valued at $729,284,000 after buying an additional 6,734,285 shares in the last quarter. Atreides Management LP raised its holdings in Unity Software by 146.7% during the 1st quarter. Atreides Management LP now owns 9,430,955 shares of the company’s stock valued at $184,752,000 after acquiring an additional 5,607,572 shares during the period. Finally, Norges Bank purchased a new stake in shares of Unity Software during the second quarter worth $151,221,000. Hedge funds and other institutional investors own 73.46% of the company’s stock.

Unity Software Company Profile

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.