Unity Software Inc. $U Shares Sold by KBC Group NV

KBC Group NV lessened its position in Unity Software Inc. (NYSE:U) by 31.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,492 shares of the company’s stock after selling 3,823 shares during the period. KBC Group NV’s holdings in Unity Software were worth $206,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in U. Forum Financial Management LP bought a new stake in shares of Unity Software during the second quarter valued at about $256,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in Unity Software during the second quarter valued at approximately $232,000. IQ EQ FUND MANAGEMENT IRELAND Ltd boosted its stake in shares of Unity Software by 57.7% during the 2nd quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 62,854 shares of the company’s stock worth $1,521,000 after acquiring an additional 23,006 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Unity Software by 5,215.4% in the 1st quarter. AQR Capital Management LLC now owns 1,151,892 shares of the company’s stock valued at $22,185,000 after purchasing an additional 1,130,221 shares during the period. Finally, Adage Capital Partners GP L.L.C. acquired a new position in shares of Unity Software in the first quarter worth about $3,918,000. Institutional investors own 73.46% of the company’s stock.

Insider Activity

In other news, Director Shlomo Dovrat sold 30,000 shares of the business’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 completion of the sale, the director owned 159,089 shares in the company, valued at $6,820,145.43. The trade was a 15.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Mark Barrysmith sold 802 shares of the business’s stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $36.22, for a total value of $29,048.44. Following the sale, the chief accounting officer directly owned 452,986 shares of the company’s stock, valued at $16,407,152.92. This represents a 0.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 2,440,899 shares of company stock worth $103,666,058. 3.61% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts have recently commented on U shares. The Goldman Sachs Group started coverage on Unity Software in a research report on Wednesday, October 15th. They issued a “neutral” rating and a $38.00 target price for the company. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Unity Software in a report on Wednesday, October 22nd. They set a “hold” rating and a $39.00 price target on the stock. Arete lowered Unity Software from a “buy” rating to a “neutral” rating and set a $36.00 target price for the company. in a report on Thursday, October 16th. HSBC lowered shares of Unity Software from a “buy” rating to a “hold” rating and boosted their target price for the stock from $37.50 to $40.80 in a research report on Tuesday, September 30th. Finally, Wedbush raised their price objective on shares of Unity Software from $42.00 to $50.00 and gave the stock an “outperform” rating in a research note on Thursday, November 6th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $38.52.

Unity Software Stock Performance

Unity Software stock opened at $37.01 on Wednesday. Unity Software Inc. has a 52-week low of $15.33 and a 52-week high of $46.94. The firm has a market capitalization of $15.84 billion, a P/E ratio of -35.24 and a beta of 2.37. The stock has a fifty day moving average price of $39.59 and a two-hundred day moving average price of $33.15. 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 posted its quarterly earnings data 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 during the quarter, compared to analyst estimates of $452.87 million. Unity Software had a negative net margin of 24.15% and a negative return on equity of 9.45%. The company’s revenue was up 5.4% on a year-over-year basis. During the same quarter last year, the business posted ($0.31) earnings per share. Unity Software has set its Q4 2025 guidance at EPS. As a group, analysts anticipate that Unity Software Inc. will post -1.25 EPS for the current fiscal year.

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.