Unity software director James Whitehurst sells shares worth $1.55 million

Published 29/05/2025, 23:48
Unity software director James Whitehurst sells shares worth $1.55 million

SAN FRANCISCO—James M. Whitehurst, a director at Unity Software Inc . (NYSE:U), recently sold a portion of his holdings in the company. According to a filing with the Securities and Exchange Commission, Whitehurst sold a total of 72,955 shares on May 27, 2025. The sales were executed at prices ranging from $21.24 to $21.69 per share, resulting in a total transaction value of approximately $1.55 million. The stock, currently trading at $23.78, has shown significant momentum with an 8.7% gain over the past week and a 26.8% return over the last year.

The sales were conducted to cover tax withholding obligations related to the vesting of restricted stock units, as noted in the filing. Following these transactions, Whitehurst now holds 240,311 shares of Unity Software (ETR:SOWGn). According to InvestingPro data, Unity maintains a healthy financial position with a current ratio of 2.74, indicating strong liquidity, though the company is currently trading at elevated EBITDA multiples.

Unity Software, known for its real-time 3D development platform, continues to be a significant player in the tech industry. While not currently profitable, analysts tracked by InvestingPro expect the company to turn profitable this year. Investors may keep a close watch on insider transactions such as these, as they can offer insights into the company’s financial health and strategic direction. For deeper insights into Unity’s valuation and growth prospects, InvestingPro offers additional analysis and 8 more key investment tips.

In other recent news, Unity Software reported a strong financial performance for Q1 2025, with earnings per share reaching $0.24, doubling the forecasted $0.12. The company’s revenue totaled $435 million, surpassing the expected $417.13 million, driven by robust operational efficiency and effective cost management. Unity’s adjusted EBITDA was $84 million, marking a 7% increase year-over-year and exceeding consensus estimates by 29%. Despite these positive results, Unity’s second-quarter revenue guidance of $415-425 million and adjusted EBITDA forecast of $70-75 million are slightly below consensus, reflecting potential short-term revenue impacts from resource reallocation.

Unity’s new product, Vector, has shown promising results, with a 15-20% improvement in installs and in-app purchase value, as noted by Macquarie analysts. The rollout of Vector has been completed ahead of schedule, promising enhanced performance for customers. Stifel analysts, while maintaining a Buy rating, reduced Unity’s price target to $28, citing conservative guidance for the second quarter and uncertainties in the growth algorithm for the rest of the year. Meanwhile, Macquarie maintains a Neutral rating with a $24 price target, acknowledging the early phase of Vector’s deployment and potential financial metric disruptions as legacy products are phased out.

Unity’s subscription revenues experienced double-digit growth year-over-year in the first quarter, driven by sustained momentum in the industry vertical. However, revenue declines in the Grow and Create segments indicate challenges in maintaining growth momentum. Unity’s debt remains high at $2.2 billion, despite improved cash flow and $1.5 billion in cash reserves. The company continues to invest in its Vector AI platform, focusing on leveraging first-party data across its ecosystem, as it aims to return its Grow business to revenue growth.

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