Stocks of Unity Software Inc (NYSE:U) traded higher last session on Wall Street, up 1.37% to $25.13.
U stock price is now 17.97% away from the 50-day moving average and 16.16% away from the 200-day moving average. The market capitalization of the company currently stands at $10.45B.
With the price target maintained at $29, Jefferies recently Upgraded its rating from Hold to Buy for Unity Software Inc (NYSE: U). On March 11, 2025, Citigroup Upgraded its previous ‘Neutral’ rating to ‘Buy’ on the stock keeping its target price maintained at $30, while ‘Macquarie’ rates the stock as ‘Neutral’
In other news, Helgason David, Director sold 261,473 shares of the company’s stock on Jun 06 ’25. The stock was sold for $6,719,098 at an average price of $25.70. Upon completion of the transaction, the Director now directly owns 7,489,173 shares in the company, valued at $188.2 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 05 ’25, Director Helgason David sold 2,146 shares of the business’s stock. A total of $56,027 was realized by selling the stock at an average price of $26.11. This leaves the insider owning 8,347 shares of the company worth $0.21 million. A total of 24.22% 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.
