Mark Barrysmith Sells 10,578 Shares of Unity Software (NYSE:U) Stock

Unity Software Inc. (NYSE:U) CAO Mark Barrysmith sold 10,578 shares of Unity Software stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $18.07, for a total transaction of $191,144.46. Following the transaction, the chief accounting officer directly owned 383,901 shares of the company’s stock, valued at $6,937,091.07. The trade was a 2.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Mark Barrysmith also recently made the following trade(s):

• On Wednesday, December 10th, Mark Barrysmith sold 14,407 shares of Unity Software stock. The stock was sold at an average price of $50.01, for a total transaction of $720,494.07.

Unity Software Stock Performance

Shares of NYSE:U opened at $18.14 on Friday. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.52. Unity Software Inc. has a 12 month low of $15.33 and a 12 month high of $52.15. The company has a market capitalization of $7.85 billion, a price-to-earnings ratio of -18.89, a PEG ratio of 9.78 and a beta of 2.04. The firm’s 50-day moving average is $34.50 and its 200 day moving average is $38.57.

Unity Software (NYSE:U) last announced its quarterly earnings data on Wednesday, February 11th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.04. The business had revenue of $503.09 million during the quarter, compared to the consensus estimate of $490.64 million. Unity Software had a negative net margin of 21.77% and a negative return on equity of 4.76%. The firm’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.30) earnings per share. Research analysts predict that Unity Software Inc. will post -1.25 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on U. BTIG Research reduced their target price on Unity Software from $60.00 to $41.00 and set a “buy” rating on the stock in a research note on Thursday, February 12th. Barclays decreased their price objective on shares of Unity Software from $35.00 to $28.00 and set an “equal weight” rating for the company in a report on Thursday, February 12th. Arete Research raised shares of Unity Software from a “neutral” rating to a “buy” rating and set a $48.00 price objective for the company in a research report on Monday, December 1st. Macquarie Infrastructure raised shares of Unity Software from a “neutral” rating to an “outperform” rating and raised their target price for the stock from $33.00 to $50.00 in a research report on Friday, November 7th. Finally, Citigroup decreased their price target on shares of Unity Software from $52.00 to $43.00 and set a “buy” rating for the company in a research note on Thursday, February 12th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Unity Software currently has a consensus rating of “Moderate Buy” and a consensus price target of $39.52.

Hedge Funds Weigh In On Unity Software

A number of large investors have recently bought and sold shares of the business. GAMMA Investing LLC boosted its position in Unity Software by 10.8% during the 3rd quarter. GAMMA Investing LLC now owns 2,967 shares of the company’s stock valued at $119,000 after acquiring an additional 288 shares in the last quarter. Newbridge Financial Services Group Inc. lifted its stake in shares of Unity Software by 12.9% during the 3rd quarter. Newbridge Financial Services Group Inc. now owns 2,696 shares of the company’s stock worth $108,000 after purchasing an additional 308 shares during the last quarter. Xponance Inc. boosted its position in Unity Software by 1.8% during the third quarter. Xponance Inc. now owns 18,291 shares of the company’s stock valued at $732,000 after purchasing an additional 328 shares in the last quarter. Larson Financial Group LLC grew its stake in Unity Software by 88.1% in the third quarter. Larson Financial Group LLC now owns 728 shares of the company’s stock valued at $29,000 after purchasing an additional 341 shares during the last quarter. Finally, Allworth Financial LP raised its holdings in Unity Software by 28.4% in 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 in the last quarter. Institutional investors own 73.46% of the company’s stock.

Key Headlines Impacting Unity Software

Here are the key news stories impacting Unity Software this week:

• Neutral Sentiment: Heightened investor attention reported by Zacks/Yahoo — more searches and coverage may increase volatility and trading volume in the short term. Investors Heavily Search Unity Software Inc. (U)
• Neutral Sentiment: Recent fundamentals: Unity reported a revenue and EPS beat in its Feb. 11 quarter and year‑over‑year revenue growth — positive operational context that may limit the durability of any sell‑off (background reporting).
• Negative Sentiment: COO Alexander Blum sold 2,541 shares on Feb. 27 at ~$18.76 (≈$47.7k), trimming his position by ~0.46%; SEC filing here. SEC Filing
• Negative Sentiment: COO Alexander Blum also sold 10,164 shares on Feb. 25 at ~$18.07 (~$183.7k), a ~1.81% cut to his holdings; same SEC filing as above. SEC Filing
• Negative Sentiment: CAO Mark Barrysmith sold 10,578 shares on Feb. 25 at ~$18.07 (~$191.1k), reducing his stake by ~2.68%; SEC filing here. SEC Filing
• Negative Sentiment: CFO Jarrod Yahes sold 12,196 shares on Feb. 25 at ~$18.07 (~$220.4k), cutting his holding by ~2.23%; SEC filing here. SEC Filing

Unity Software Company Profile

Unity Software is a leading provider of a real-time 3D development platform that enables creators across industries to design, build and operate interactive, real-time experiences. Originally focused on the game development market, Unity’s technology now extends into sectors such as film, automotive, architecture, engineering and construction, delivering immersive content for mobile, desktop, console, augmented reality and virtual reality devices. The company’s core offering comprises a suite of authoring tools, runtime engines and cloud services that streamline the creation and deployment of interactive 3D applications.

The Unity Editor serves as the central hub where developers design scenes, script behavior and iterate on assets.