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David Helgason, a director at Unity Software Inc . (NYSE:U), recently sold a significant portion of his holdings in the company. According to a Form 4 filing with the Securities and Exchange Commission, Helgason sold a total of 263,619 shares of Unity’s common stock over two consecutive days. The sales, which took place on June 5 and June 6, 2025, were executed at a weighted average price range between $25.6971 and $26.1077 per share, resulting in total proceeds of approximately $6.8 million. The transaction occurred as Unity, now valued at $10.45 billion, trades near $25.13, having delivered a strong 39% return over the past year.
The first transaction involved the sale of 2,146 shares at an average price of $26.1077, while the larger transaction on June 6 saw Helgason disposing of 261,473 shares at an average price of $25.6971. Following these transactions, Helgason holds 8,347 shares directly and 7,489,173 shares indirectly through investment vehicles he owns and controls.
These transactions come as Unity Software (ETR:SOWGn) continues to navigate a competitive landscape in the technology sector, with its stock performance closely watched by investors.
In other recent news, Unity Software reported a notable earnings beat for the first quarter of 2025, with earnings per share (EPS) reaching $0.24, doubling the forecast of $0.12. The company also surpassed revenue expectations, reporting $435 million compared to the anticipated $417.13 million. Despite this financial success, Unity continues to face challenges, including revenue declines in its Grow and Create segments. The company is actively working to innovate with new product launches like Unity 6 and Vector AI, which have shown promising initial results. Meanwhile, Unity’s Chief Technology Officer, Steve Collins, resigned after only six months, adding to the company’s recent executive turnover. On the analyst front, Morgan Stanley (NYSE:MS) increased Unity’s stock price target to $15 from $12, citing strong Q1 results, while Stifel reduced its target to $28 from $35, maintaining a Buy rating. Macquarie maintained a Neutral rating with a $24 target, recognizing Unity’s solid quarterly performance but expressing caution due to potential short-term disruptions. These developments highlight the dynamic environment Unity Software is navigating as it strives for growth and stability.
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