Unity Software (NYSE:U) Cut to Hold at Wall Street Zen

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

Other equities analysts also recently issued research reports about the stock. HSBC downgraded shares of Unity Software from a “buy” rating to a “hold” rating and upped their price objective for the stock from $37.50 to $40.80 in a research report on Tuesday, September 30th. BTIG Research upgraded shares of Unity Software from a “sell” rating to a “neutral” rating in a research note on Friday, October 31st. Zacks Research downgraded shares of Unity Software from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 13th. Wells Fargo & Company lifted their price objective on Unity Software from $37.00 to $42.00 and gave the company an “equal weight” rating in a report on Friday, November 7th. Finally, Needham & Company LLC boosted their target price on Unity Software from $40.00 to $50.00 and gave the stock a “buy” rating in a research report on Thursday, November 6th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $38.52.

Unity Software Trading Up 0.1%

Shares of U stock opened at $42.50 on Friday. The business’s 50 day moving average is $38.95 and its two-hundred day moving average is $34.09. Unity Software has a twelve month low of $15.33 and a twelve month high of $46.94. The company has a market capitalization of $18.18 billion, a P/E ratio of -40.47 and a beta of 2.37. The company has a current ratio of 2.78, a quick ratio of 2.78 and a debt-to-equity ratio of 0.70.

Unity Software (NYSE:U) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.17 by $0.03. Unity Software had a negative return on equity of 9.45% and a negative net margin of 24.15%.The business had revenue of $470.62 million during the quarter, compared to analysts’ expectations of $452.87 million. During the same quarter in the prior year, the business earned ($0.31) earnings per share. The company’s quarterly revenue was up 5.4% compared to the same quarter last year. Unity Software has set its Q4 2025 guidance at EPS. Equities analysts forecast that Unity Software will post -1.25 EPS for the current year.

Insider Buying and Selling at Unity Software

In related news, CAO Mark Barrysmith sold 13,684 shares of Unity Software stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $41.38, for a total transaction of $566,243.92. Following the completion of the transaction, the chief accounting officer directly owned 408,886 shares of the company’s stock, valued at approximately $16,919,702.68. The trade was a 3.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, COO Alexander Blum sold 40,693 shares of the business’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $41.38, for a total value of $1,683,876.34. Following the sale, the chief operating officer owned 563,118 shares in the company, valued at approximately $23,301,822.84. The trade was a 6.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 2,404,670 shares of company stock worth $102,574,544. Corporate insiders own 3.61% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Forum Financial Management LP acquired a new stake in Unity Software in the 2nd quarter valued at about $256,000. Austin Wealth Management LLC acquired a new position in Unity Software during the second quarter worth about $208,000. PNC Financial Services Group Inc. lifted its holdings in shares of Unity Software by 148.2% in the second quarter. PNC Financial Services Group Inc. now owns 22,181 shares of the company’s stock valued at $537,000 after purchasing an additional 13,245 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in shares of Unity Software in the second quarter valued at approximately $232,000. Finally, Geode Capital Management LLC grew its position in shares of Unity Software by 0.7% in the second quarter. Geode Capital Management LLC now owns 5,064,703 shares of the company’s stock valued at $122,587,000 after purchasing an additional 36,105 shares during the last quarter. Institutional investors and hedge funds 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.