Unity Software (NYSE:U) Raised to “Buy” at Wall Street Zen

Unity Software (NYSE:U) was upgraded by investment analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued to investors on Sunday.

Other equities research analysts also recently issued reports about the stock. Wedbush raised their target price on shares of Unity Software from $42.00 to $50.00 and gave the company an “outperform” rating in a research note on Thursday, November 6th. Wells Fargo & Company raised their price objective on shares of Unity Software from $37.00 to $42.00 and gave the company an “equal weight” rating in a research report on Friday, November 7th. BTIG Research upgraded shares of Unity Software from a “sell” rating to a “neutral” rating in a research report on Friday, October 31st. Barclays increased their target price on Unity Software from $30.00 to $35.00 and gave the company an “equal weight” rating in a research note on Thursday, November 6th. Finally, Arete lowered Unity Software from a “buy” rating to a “neutral” rating and set a $36.00 price target for the company. in a research note on Thursday, October 16th. One 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 given a Sell rating to the stock. Based on data from MarketBeat, Unity Software currently has an average rating of “Hold” and an average target price of $38.52.

Unity Software Stock Down 1.1%

U stock opened at $36.73 on Friday. The stock has a 50-day simple moving average of $39.94 and a two-hundred day simple moving average of $32.85. Unity Software has a twelve month low of $15.33 and a twelve month high of $46.94. The firm has a market capitalization of $15.72 billion, a PE ratio of -34.98 and a beta of 2.37. The company has a quick ratio of 2.78, a current ratio of 2.78 and a debt-to-equity ratio of 0.70.

Unity Software (NYSE:U) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.20 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 company had revenue of $470.62 million during the quarter, compared to analyst estimates of $452.87 million. During the same period last year, the business earned ($0.31) earnings per share. Unity Software’s revenue was up 5.4% compared to the same quarter last year. Unity Software has set its Q4 2025 guidance at EPS. On average, equities analysts predict that Unity Software will post -1.25 EPS for the current fiscal year.

Insider Activity

In related news, Director Tomer Bar-Zeev sold 250,000 shares of the business’s stock in a transaction dated 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 transaction, the director owned 1,298,146 shares in the company, valued at $49,303,585.08. The trade was a 16.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Jarrod Yahes sold 14,914 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $42.75, for a total value of $637,573.50. Following the transaction, the chief financial officer owned 608,590 shares in the company, valued at $26,017,222.50. This trade represents a 2.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 2,440,899 shares of company stock worth $103,666,058. 3.61% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in U. Vanguard Group Inc. increased its stake in Unity Software by 2.8% during the 3rd quarter. Vanguard Group Inc. now owns 34,556,611 shares of the company’s stock valued at $1,383,647,000 after purchasing an additional 930,293 shares in the last quarter. Slate Path Capital LP lifted its stake in shares of 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 purchasing an additional 4,048,484 shares during the period. Wellington Management Group LLP raised its position in Unity Software by 58.7% in the third quarter. Wellington Management Group LLP now owns 18,213,875 shares of the company’s stock worth $729,284,000 after acquiring an additional 6,734,285 shares during the period. Atreides Management LP lifted its position in Unity Software by 146.7% during the first quarter. Atreides Management LP now owns 9,430,955 shares of the company’s stock valued at $184,752,000 after purchasing an additional 5,607,572 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of Unity Software during the 2nd quarter valued at about $151,221,000. Institutional investors own 73.46% of the company’s stock.

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.