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Anirma Gupta, Senior Vice President and Chief Legal Officer at Unity Software Inc . (NYSE:U), recently sold 551 shares of the company’s common stock. The shares were sold at a price of $18.17 each, totaling $10,011. Following this transaction, Gupta holds 691,909 shares directly. The sale was conducted under a Rule 10b5-1 trading plan, which Gupta adopted on August 15, 2024.Unity Software (ETR:SOWGn), currently valued at $7.5 billion, has seen its stock experience significant volatility over the past year, trading between $13.89 and $30.88. According to InvestingPro analysis, the company appears undervalued at current levels, with analysts maintaining a moderate buy consensus. Investors should note that Unity’s next earnings report is scheduled for May 13, 2025, which could be a significant catalyst for the stock price. For deeper insights into Unity’s valuation and growth prospects, including 6 additional ProTips and comprehensive financial analysis, explore the full Pro Research Report available on InvestingPro.
In other recent news, Unity Software has announced several significant developments. The company revealed the upcoming release of Unity 6.1, an update set to enhance game development with improved performance and new AI-powered workflows. This update, expected in April, will offer broader platform support and aim to streamline game development processes. Additionally, Unity Software has approved performance-based stock awards for its executives, aligning their compensation with the company’s financial targets. These awards are tied to revenue and adjusted EBITDA goals over a three-year period, with specific performance metrics determining the vesting of shares.
In terms of financial analysis, UBS has adjusted its price target for Unity Software to $22 from $30, maintaining a Neutral rating. This change reflects UBS’s cautious outlook due to limited feedback on Unity’s new Vector algorithm and its valuation at 18 times the projected 2026 EBITDA. Conversely, JMP analysts have reaffirmed a Market Outperform rating with a $30 price target, suggesting confidence in Unity’s potential within the growing gaming industry. Meanwhile, Unity Software announced the resignation of two board members, Michelle K. Lee and David Kostman, effective June 2025. The company emphasized that these resignations were not due to disagreements with management or operations, and it expressed gratitude for their service.
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