Unity Software Inc (NYSE: U) is -4.45% 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 $21.39 in the last trading session, with the day’s gains setting it 0.08%.
Currently trading at $21.47, the stock is -4.11% and -8.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.18 million and changing 0.37% at the moment leaves the stock 6.27% off its SMA200. U registered -32.84% loss for a year compared to 6-month gain of 40.14%. The firm has a 50-day simple moving average (SMA 50) of $23.4532 and a 200-day simple moving average (SMA200) of $20.2149.
The stock witnessed a -12.40% loss in the last 1 month and extending the period to 3 months gives it a 6.92%, and is -7.66% 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 4.70% over the week and 5.68% over the month.
Unity Software Inc (U) has around 6748 employees, a market worth around $8.65B and $1.97B in sales. Fwd P/E is 28.78. Profit margin for the company is -40.41%. Distance from 52-week low is 54.52% and -39.62% 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 -18.33% year-over-year. Quarterly sales are estimated to shrink -28.85% in year-over-year returns.
Unity Software Inc (U) Top Institutional Holders
579.0 institutions hold shares in Unity Software Inc (U), with institutional investors hold 83.35% of the company’s shares. The shares outstanding are 402.58M, and float is at 302.69M with Short Float at 7.55%. Institutions hold 78.47% 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 166,667 shares of the company’s common stock on Feb 03 ’25 at a price of $20.99 per share for a total of $3.5 million. Following the sale, the insider now owns 3.48 million shares.
Unity Software Inc disclosed in a document filed with the SEC on Jan 16 ’25 that Barrysmith Mark (SVP, Chief Accounting Officer) sold a total of 1,362 shares of the company’s common stock. The trade occurred on Jan 16 ’25 and was made at $21.91 per share for $29841.0. Following the transaction, the insider now directly holds 0.45 million shares of the U stock.
Still, SEC filings show that on Jan 16 ’25, Barrysmith Mark (Officer) Proposed Sale 1,362 shares at an average price of $21.91 for $29841.0. The insider now directly holds shares of Unity Software Inc (U).
