Stocks of Unity Software Inc (NYSE:U) traded higher last session on Wall Street, up 0.50% to $21.95.
U stock price is now 5.11% away from the 50-day moving average and 4.67% away from the 200-day moving average. The market capitalization of the company currently stands at $9.12B.
With the price target maintained at $30, Citigroup recently Upgraded its rating from Neutral to Buy for Unity Software Inc (NYSE: U). , while ‘HSBC Securities’ rates the stock as ‘Buy’
In other news, Bar-Zeev Tomer, Director sold 166,667 shares of the company’s stock on May 01 ’25. The stock was sold for $3,598,341 at an average price of $21.59. Upon completion of the transaction, the Director now directly owns 2,814,812 shares in the company, valued at $61.79 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 16 ’25, Chief Accounting Officer Barrysmith Mark sold 1,595 shares of the business’s stock. A total of $29,396 was realized by selling the stock at an average price of $18.43. This leaves the insider owning 481,822 shares of the company worth $10.58 million. A total of 24.37% of the company’s stock is owned by insiders.
During the past 12 months, Unity Software Inc has had a low of $13.90 and a high of $30.88. As of last week, the company has a debt-to-equity ratio of 0.73, a current ratio of 2.73, and a quick ratio of 2.73.
The net profit margin was -25.21% and return on equity was -14.15% for U. The company reported revenue of $435.0 million for the quarter, compared to $460.38 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -5.51 percent.
