AE Wealth Management LLC lessened its position in Unity Software Inc. (NYSE:U – Free Report) by 21.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,607 shares of the company’s stock after selling 2,816 shares during the period. AE Wealth Management LLC’s holdings in Unity Software were worth $257,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently made changes to their positions in U. Forum Financial Management LP bought a new position in Unity Software in the second quarter valued at approximately $256,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in shares of Unity Software during the second quarter worth $232,000. IQ EQ FUND MANAGEMENT IRELAND Ltd raised its holdings in shares of Unity Software by 57.7% during the second quarter. IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 62,854 shares of the company’s stock worth $1,521,000 after acquiring an additional 23,006 shares during the period. AQR Capital Management LLC lifted its position in Unity Software by 5,215.4% in the 1st quarter. AQR Capital Management LLC now owns 1,151,892 shares of the company’s stock valued at $22,185,000 after acquiring an additional 1,130,221 shares in the last quarter. Finally, Adage Capital Partners GP L.L.C. acquired a new position in Unity Software in the 1st quarter worth $3,918,000. 73.46% of the stock is owned by institutional investors.
Insider Buying and Selling
In other news, CEO Matthew S. Bromberg sold 120,000 shares of the stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $40.03, for a total value of $4,803,600.00. Following the transaction, the chief executive officer directly owned 1,222,812 shares of the company’s stock, valued at $48,949,164.36. This represents a 8.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director David Helgason sold 1,350,000 shares of the firm’s stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $44.43, for a total transaction of $59,980,500.00. Following the sale, the director owned 6,139,173 shares of the company’s stock, valued at approximately $272,763,456.39. This represents a 18.03% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 2,440,899 shares of company stock valued at $103,666,058. 3.61% of the stock is currently owned by insiders.
Analyst Upgrades and Downgrades
Read Our Latest Stock Analysis on U
Unity Software Stock Performance
U opened at $36.73 on Monday. 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 Inc. has a 12-month low of $15.33 and a 12-month high of $46.94. The business has a 50 day moving average of $39.94 and a 200-day moving average of $32.93. The stock has a market cap of $15.72 billion, a price-to-earnings ratio of -34.98 and a beta of 2.38.
Unity Software (NYSE:U – Get Free Report) last posted its earnings results on Wednesday, November 5th. The company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $452.87 million. During the same period in the previous year, the firm earned ($0.31) EPS. The firm’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 research analysts expect that Unity Software Inc. will post -1.25 earnings per share for the current year.
Unity Software 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.
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