Unity Software (NYSE:U) Stock Rating Lowered by Wall Street Zen

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

Several other brokerages have also recently weighed in on U. The Goldman Sachs Group began coverage on shares of Unity Software in a research report on Wednesday, October 15th. They set a “neutral” rating and a $38.00 price target on the stock. Jefferies Financial Group upped their price objective on Unity Software from $29.00 to $35.00 and gave the company a “buy” rating in a report on Wednesday, July 16th. JMP Securities raised their target price on Unity Software from $30.00 to $35.00 and gave the stock a “market outperform” rating in a research note on Thursday, August 7th. Macquarie raised Unity Software from a “neutral” rating to an “outperform” rating and upped their price target for the company from $33.00 to $50.00 in a research note on Friday. Finally, Arete downgraded Unity Software from a “buy” rating to a “neutral” rating and set a $36.00 price objective for the company. in a research report on Thursday, October 16th. One equities 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. Based on data from MarketBeat, Unity Software presently has a consensus rating of “Hold” and a consensus price target of $38.40.

Unity Software Price Performance

Shares of Unity Software stock traded up $0.09 during trading hours on Friday, reaching $40.02. 10,885,911 shares of the company’s stock were exchanged, compared to its average volume of 10,488,796. The business has a fifty day moving average of $40.01 and a two-hundred day moving average of $32.15. The company has a market capitalization of $17.13 billion, a P/E ratio of -38.12 and a beta of 2.37. The company has a quick ratio of 2.73, a current ratio of 2.78 and a debt-to-equity ratio of 0.70. Unity Software has a 1 year low of $15.33 and a 1 year high of $46.94.

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. The company had revenue of $470.62 million during the quarter, compared to the consensus estimate of $452.87 million. Unity Software had a negative net margin of 24.15% and a negative return on equity of 9.45%. Unity Software’s quarterly revenue was up 5.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.31) EPS. Unity Software has set its Q4 2025 guidance at EPS. As a group, research analysts predict that Unity Software will post -1.25 earnings per share for the current fiscal year.

Insider Buying and Selling at Unity Software

In other news, CFO Jarrod Yahes sold 15,000 shares of the stock in a transaction on Thursday, November 6th. The stock was sold at an average price of $41.15, for a total value of $617,250.00. Following the sale, the chief financial officer directly owned 623,504 shares in the company, valued at approximately $25,657,189.60. This trade represents a 2.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Mark Barrysmith sold 802 shares of the business’s stock in a transaction on Thursday, October 16th. The stock was sold at an average price of $36.22, for a total value of $29,048.44. Following the transaction, the chief accounting officer directly owned 452,986 shares of the company’s stock, valued at $16,407,152.92. The trade was a 0.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 2,401,951 shares of company stock valued at $101,957,409. Insiders own 3.61% of the company’s stock.

Institutional Investors Weigh In On Unity Software

Several institutional investors have recently modified their holdings of U. GAMMA Investing LLC lifted its holdings in Unity Software by 10.8% during the 3rd quarter. GAMMA Investing LLC now owns 2,967 shares of the company’s stock worth $119,000 after buying an additional 288 shares during the last quarter. Allworth Financial LP lifted its stake in Unity Software by 28.4% during the second quarter. Allworth Financial LP now owns 1,865 shares of the company’s stock worth $45,000 after purchasing an additional 412 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in Unity Software by 4.4% in the second quarter. Farther Finance Advisors LLC now owns 10,766 shares of the company’s stock valued at $261,000 after purchasing an additional 454 shares in the last quarter. Captrust Financial Advisors raised its holdings in Unity Software by 2.1% during the second quarter. Captrust Financial Advisors now owns 22,330 shares of the company’s stock worth $540,000 after purchasing an additional 462 shares in the last quarter. Finally, Stephens Inc. AR boosted its holdings in shares of Unity Software by 4.1% in the 3rd quarter. Stephens Inc. AR now owns 11,826 shares of the company’s stock valued at $474,000 after buying an additional 471 shares in the last quarter. 73.46% of the stock is owned by hedge funds and other institutional investors.

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.