Unity Software Inc. $U Shares Bought by Skandinaviska Enskilda Banken AB publ

Skandinaviska Enskilda Banken AB publ lifted its holdings in shares of Unity Software Inc. (NYSE:UFree Report) by 41.3% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 153,533 shares of the company’s stock after buying an additional 44,849 shares during the period. Skandinaviska Enskilda Banken AB publ’s holdings in Unity Software were worth $3,718,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. CX Institutional purchased a new stake in Unity Software in the 2nd quarter worth $25,000. Banque Transatlantique SA acquired a new stake in shares of Unity Software in the first quarter valued at about $28,000. Atlantic Union Bankshares Corp acquired a new stake in shares of Unity Software in the second quarter valued at about $28,000. Allworth Financial LP raised its position in shares of Unity Software by 28.4% during the 2nd 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. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Unity Software by 171.2% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 4,301 shares of the company’s stock worth $84,000 after purchasing an additional 2,715 shares during the last quarter. Hedge funds and other institutional investors own 73.46% of the company’s stock.

Unity Software Stock Up 1.4%

NYSE U opened at $43.12 on Tuesday. The business’s fifty day simple moving average is $38.89 and its 200-day simple moving average is $34.42. The company has a quick ratio of 2.78, a current ratio of 2.78 and a debt-to-equity ratio of 0.70. The firm has a market cap of $18.45 billion, a PE ratio of -41.06 and a beta of 2.04. Unity Software Inc. has a 52 week low of $15.33 and a 52 week high of $46.94.

Unity Software (NYSE:UGet Free Report) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.03. Unity Software had a negative net margin of 24.15% and a negative return on equity of 9.45%. The firm had revenue of $470.62 million during the quarter, compared to analysts’ expectations of $452.87 million. During the same period last year, the business earned ($0.31) earnings per share. Unity Software’s revenue was up 5.4% compared to the same quarter last year. 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.

Wall Street Analyst Weigh In

Several research firms recently issued reports on U. Zacks Research cut Unity Software from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 13th. Citigroup lifted their price target on Unity Software from $50.00 to $52.00 and gave the stock a “buy” rating in a research note on Tuesday, November 11th. BTIG Research upgraded Unity Software from a “sell” rating to a “neutral” rating in a research report on Friday, October 31st. Hsbc Global Res lowered Unity Software from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 30th. Finally, UBS Group lifted their target price on shares of Unity Software from $35.00 to $40.00 and gave the stock a “neutral” rating in a research note on Monday, October 20th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $39.71.

Get Our Latest Stock Report on U

Insider Buying and Selling at Unity Software

In other Unity Software news, COO Alexander Blum sold 40,693 shares of the firm’s stock in a transaction on Tuesday, November 25th. The stock was sold at an average price of $41.38, for a total transaction of $1,683,876.34. Following the completion of the sale, the chief operating officer owned 563,118 shares of the company’s stock, valued at $23,301,822.84. This trade represents a 6.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Shlomo Dovrat sold 30,000 shares of Unity Software stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $42.87, for a total value of $1,286,100.00. Following the completion of the sale, the director owned 159,089 shares in the company, valued at $6,820,145.43. This represents a 15.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 2,254,670 shares of company stock worth $96,912,044. Insiders own 3.61% of the company’s stock.

Unity Software Company Profile

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding U? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Unity Software Inc. (NYSE:UFree Report).

Institutional Ownership by Quarter for Unity Software (NYSE:U)

Receive News & Ratings for Unity Software Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unity Software and related companies with MarketBeat.com's FREE daily email newsletter.