Creative Planning Decreases Stock Holdings in Unity Software Inc. $U

Creative Planning reduced its position in shares of Unity Software Inc. (NYSE:U) by 2.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 119,391 shares of the company’s stock after selling 2,993 shares during the period. Creative Planning’s holdings in Unity Software were worth $2,889,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of U. CX Institutional purchased a new position in Unity Software in the 2nd quarter worth approximately $25,000. Banque Transatlantique SA acquired a new stake in shares of Unity Software in the first quarter valued at approximately $28,000. Atlantic Union Bankshares Corp purchased a new position in Unity Software during the second quarter worth approximately $28,000. Allworth Financial LP boosted 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 buying an additional 412 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its holdings in Unity Software by 171.2% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 4,301 shares of the company’s stock valued at $84,000 after buying an additional 2,715 shares in the last quarter. 73.46% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Unity Software news, Director David Helgason sold 1,350,000 shares of the business’s stock in a transaction dated Monday, September 8th. The shares were sold at an average price of $44.43, for a total transaction of $59,980,500.00. Following the sale, the director directly owned 6,139,173 shares in the company, valued at $272,763,456.39. This represents a 18.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Matthew S. Bromberg sold 120,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $40.03, for a total transaction of $4,803,600.00. Following the completion of the transaction, the chief executive officer directly owned 1,222,812 shares of the company’s stock, valued at approximately $48,949,164.36. The trade was a 8.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,401,021 shares of company stock worth $102,095,833 in the last quarter. Insiders own 3.61% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Morgan Stanley lifted their price target on Unity Software from $40.00 to $44.00 and gave the stock an “overweight” rating in a report on Monday, October 20th. HSBC lowered shares of Unity Software from a “buy” rating to a “hold” rating and boosted their target price for the company from $37.50 to $40.80 in a report on Tuesday, September 30th. JMP Securities raised their price target on shares of Unity Software from $30.00 to $35.00 and gave the stock a “market outperform” rating in a report on Thursday, August 7th. Wedbush upped their price objective on Unity Software from $42.00 to $50.00 and gave the company an “outperform” rating in a report on Thursday, November 6th. Finally, UBS Group increased their price objective on Unity Software from $35.00 to $40.00 and gave the stock a “neutral” rating in a research report on Monday, October 20th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have given 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 an average target price of $38.52.

Unity Software Stock Performance

NYSE:U opened at $38.74 on Monday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 2.78 and a current ratio of 2.78. The stock has a market capitalization of $16.58 billion, a P/E ratio of -36.90 and a beta of 2.38. The company has a 50 day moving average price of $39.31 and a 200 day moving average price of $33.52. Unity Software Inc. has a fifty-two week low of $15.33 and a fifty-two week high of $46.94.

Unity Software (NYSE:U) last announced its earnings results on Wednesday, November 5th. The company reported $0.20 earnings per share (EPS) for the quarter, beating 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 company had revenue of $470.62 million for the quarter, compared to analyst estimates of $452.87 million. During the same quarter in the previous year, the company earned ($0.31) earnings per share. The firm’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 research analysts forecast that Unity Software Inc. will post -1.25 EPS 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.