Unity Software Inc (NYSE: U) is -35.44% lower on its value in year-to-date trading and has touched a low of $13.90 and a high of $43.54 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The U stock was last observed hovering at around $27.38 in the last trading session, with the day’s loss setting it -0.98%.
Currently trading at $26.40, the stock is 15.02% and 20.87% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.89 million and changing -3.58% at the moment leaves the stock 26.57% off its SMA200. U registered -19.27% loss for a year compared to 6-month gain of 50.26%. The firm has a 50-day simple moving average (SMA 50) of $21.7658 and a 200-day simple moving average (SMA200) of $20.89185.
The stock witnessed a 28.78% loss in the last 1 month and extending the period to 3 months gives it a 53.31%, and is 7.98% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.60% over the week and 6.48% over the month.
Unity Software Inc (U) has around 6748 employees, a market worth around $10.63B and $1.97B in sales. Fwd P/E is 35.24. Profit margin for the company is -40.41%. Distance from 52-week low is 90.00% and -39.37% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.42%).
The EPS is expected to shrink by -15.74% this year.
Unity Software Inc (U) Top Institutional Holders
588.0 institutions hold shares in Unity Software Inc (U), with institutional investors hold 86.71% of the company’s shares. The shares outstanding are 402.58M, and float is at 289.95M with Short Float at 8.14%. Institutions hold 77.55% of the Float.
The top institutional shareholder in the company is SILVER LAKE GROUP, L.L.C. with over 34.74 million shares valued at $564.8 million. The investor’s holdings represent 8.9721% of the U Shares outstanding. As of 2024-06-30, the second largest holder is SC US (TTGP), LTD. with 32.25 million shares valued at $524.39 million to account for 8.3301 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 27.97 million shares representing 7.2247% and valued at over $454.8 million, while BLACKROCK INC. holds 4.2479 of the shares totaling 16.45 million with a market value of $267.41 million.
Unity Software Inc (U) Insider Activity
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Unity Software Inc disclosed in a document filed with the SEC on Dec 06 ’24 that The Felix (SVP Product & Technology, Grow) sold a total of 20,000 shares of the company’s common stock. The trade occurred on Dec 06 ’24 and was made at $27.43 per share for $0.55 million. Following the transaction, the insider now directly holds 0.39 million shares of the U stock.
Still, SEC filings show that on Dec 06 ’24, The Felix (Officer) Proposed Sale 20,000 shares at an average price of $27.43 for $0.55 million. The insider now directly holds shares of Unity Software Inc (U).
