Gold prices hold losses as US-EU trade deal eases safe‑haven demand
Anirma Gupta, Senior Vice President and Chief Legal Officer at Unity Software Inc . (NYSE:U), recently executed a sale of company shares valued at approximately $10,081. According to InvestingPro data, Unity’s stock has shown significant momentum with an 11.9% return over the past week and a notable 32.2% gain over the last six months. This transaction, completed on February 18, involved the sale of 465 shares at a price of $21.68 each. Following this sale, Gupta retains ownership of 574,890 shares in the company. Notably, the sale was conducted under a Rule 10b5-1 trading plan that Gupta adopted in August 2024. With Unity’s current market capitalization of $8.8 billion and analysts projecting profitability this year, investors can access detailed valuation metrics and 8 additional key insights through InvestingPro’s comprehensive research reports.
In other recent news, Unity Technologies, known for its game development platform, has partnered with Toyota Motor (NYSE:TM) Corporation to develop the Graphical User Interface (NASDAQ:TILE) (GUI) for Toyota’s upcoming in-car Human Machine Interface (HMI). This collaboration aims to utilize Unity’s real-time 3D technology to enhance the in-car experience. Furthermore, JMP Securities maintained its Market Perform rating on Unity Software (ETR:SOWGn), indicating a neutral outlook.
In addition, Unity Software has been the subject of investor meetings with CEO Matt Bromberg, following which Morgan Stanley (NYSE:MS) reiterated its Overweight rating and $24.00 price target for the company. The firm expressed optimism about Unity’s growth prospects, particularly in its advertising and Create segments.
In other developments, Unity Software saw a spike in bullish call options, following a tweet by influential online figure Roaring Kitty. While the tweet did not explicitly mention Unity, it led to speculative trading in shares of companies with tickers symbolically related to the post. These recent developments highlight Unity’s ongoing activities and the market’s response to them.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.