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SAN FRANCISCO — Alexander Blum, the Senior Vice President and Chief Operating Officer of Unity Software Inc . (NYSE:U), recently sold 1,140 shares of the company’s common stock. The shares were sold at a weighted average price of $21.24 per share, totaling approximately $24,213. The stock, which currently trades at $23.78, has shown significant volatility according to InvestingPro data. Unity, with a market capitalization of $9.8 billion, maintains strong liquidity with a current ratio of 2.74x.
Following this transaction, Blum retains direct ownership of 719,508 shares. According to the filing, the sale was executed to cover tax withholding obligations related to the vesting of restricted stock units and was not a discretionary trade by Blum. The shares were sold in multiple transactions at prices ranging from $20.70 to $21.63. InvestingPro analysis reveals 8 additional key insights about Unity’s financial health and market position, available in the comprehensive Pro Research Report covering 1,400+ top stocks.
In other recent news, Unity Software (ETR:SOWGn) reported impressive first-quarter earnings for 2025, with earnings per share (EPS) reaching $0.24, doubling the forecasted $0.12. This significant earnings beat was accompanied by revenue of $435 million, surpassing the expected $417.13 million. Despite these strong financial results, Unity’s stock experienced a slight dip, reflecting investor caution regarding revenue declines in key segments. The company’s new product, Unity Vector, has shown promising results, with a 15-20% improvement in installs and in-app purchase value. Analysts at Stifel maintained a Buy rating on Unity Software, although they adjusted the price target to $28 from $35, citing conservative guidance for the second quarter. Meanwhile, Macquarie reiterated a Neutral rating with a $24 price target, acknowledging the early success of Unity Vector while noting potential short-term disruptions. Unity’s second-quarter revenue guidance is set between $415 million and $425 million, with an adjusted EBITDA forecast of $70 million to $75 million. As Unity continues to innovate, the company remains focused on leveraging its new AI platform to drive growth and improve performance.
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