Unity Software Inc (NYSE: U) is -2.27% lower on its value in year-to-date trading and has touched a low of $13.90 and a high of $35.56 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 $21.70 in the last trading session, with the day’s gains setting it 0.26%.
Currently trading at $21.96, the stock is -5.07% and -3.84% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.34 million and changing 1.20% at the moment leaves the stock 7.46% off its SMA200. U registered -36.93% loss for a year compared to 6-month gain of 29.71%. The firm has a 50-day simple moving average (SMA 50) of $22.811 and a 200-day simple moving average (SMA200) of $20.4608.
The stock witnessed a -17.29% loss in the last 1 month and extending the period to 3 months gives it a 1.57%, and is -11.95% down 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 6.65% over the week and 6.54% over the month.
Unity Software Inc (U) has around 6748 employees, a market worth around $8.85B and $1.97B in sales. Fwd P/E is 29.44. Profit margin for the company is -40.41%. Distance from 52-week low is 58.04% and -38.25% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.42%).
with sales reaching $433.47M over the same period.The EPS is expected to shrink by -16.26% this year, but quarterly earnings will post -18.32% year-over-year. Quarterly sales are estimated to shrink -28.85% in year-over-year returns.
Unity Software Inc (U) Top Institutional Holders
577.0 institutions hold shares in Unity Software Inc (U), with institutional investors hold 84.20% of the company’s shares. The shares outstanding are 402.58M, and float is at 302.59M with Short Float at 8.11%. Institutions hold 79.18% 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
The most recent transaction is an insider sale by Bar-Zeev Tomer, the company’s Director. SEC filings show that Bar-Zeev Tomer sold 250,000 shares of the company’s common stock on Jan 02 ’25 at a price of $25.02 per share for a total of $6.25 million. Following the sale, the insider now owns 3.65 million shares.
Still, SEC filings show that on Dec 16 ’24, Barrysmith Mark (SVP, CAO and Interim CFO) disposed off 1,228 shares at an average price of $24.44 for $30012.0. The insider now directly holds 453,638 shares of Unity Software Inc (U).
