Amalgamated Bank Lowers Holdings in Unity Software Inc. $U

Amalgamated Bank reduced its stake in Unity Software Inc. (NYSE:U) by 9.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,409 shares of the company’s stock after selling 1,723 shares during the period. Amalgamated Bank’s holdings in Unity Software were worth $397,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Unity Software by 5.9% in the 1st quarter. Vanguard Group Inc. now owns 32,964,521 shares of the company’s stock worth $645,775,000 after purchasing an additional 1,841,486 shares in the last quarter. Atreides Management LP raised its holdings in Unity Software by 146.7% in the first quarter. Atreides Management LP now owns 9,430,955 shares of the company’s stock worth $184,752,000 after buying an additional 5,607,572 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in shares of Unity Software by 89.7% in the first quarter. Ameriprise Financial Inc. now owns 3,357,530 shares of the company’s stock worth $65,778,000 after buying an additional 1,587,582 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Unity Software by 43.2% during the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 2,773,157 shares of the company’s stock valued at $54,326,000 after buying an additional 837,026 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. purchased a new stake in shares of Unity Software during the first quarter valued at approximately $43,265,000. 73.46% of the stock is currently owned by institutional investors.

Unity Software Trading Up 0.2%

Shares of Unity Software stock opened at $40.02 on Friday. Unity Software Inc. has a 1-year low of $15.33 and a 1-year high of $46.94. The company’s fifty day simple moving average is $40.01 and its 200-day simple moving average is $32.23. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.78 and a quick ratio of 2.73. The stock has a market capitalization of $17.13 billion, a PE ratio of -38.12 and a beta of 2.37.

Unity Software (NYSE:U) last posted its quarterly earnings data 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 firm had revenue of $470.62 million during the quarter, compared to analyst estimates of $452.87 million. During the same period in the prior year, the business posted ($0.31) EPS. Unity Software’s revenue was up 5.4% on a year-over-year basis. Unity Software has set its Q4 2025 guidance at EPS. As a group, equities analysts anticipate that Unity Software Inc. will post -1.25 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on U shares. Morgan Stanley boosted their price objective on shares of Unity Software from $40.00 to $44.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. Citigroup boosted their price target on Unity Software from $44.00 to $50.00 and gave the stock a “buy” rating in a research note on Wednesday, October 1st. 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 report on Friday. Zacks Research cut Unity Software from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 13th. Finally, BTIG Research raised Unity Software from a “sell” rating to a “neutral” rating in a research report on Friday, October 31st. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $38.40.

Insiders Place Their Bets

In related news, CAO Mark Barrysmith sold 802 shares of the stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $36.22, for a total value of $29,048.44. Following the completion of the sale, the chief accounting officer directly owned 452,986 shares of the company’s stock, valued at approximately $16,407,152.92. This represents a 0.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Tomer Bar-Zeev sold 250,000 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $37.98, for a total transaction of $9,495,000.00. Following the sale, the director owned 1,298,146 shares in the company, valued at approximately $49,303,585.08. The trade was a 16.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 2,401,951 shares of company stock valued at $101,957,409. 3.61% of the stock is currently owned by corporate insiders.

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.