Unity Software’s chief legal officer sells shares worth $997k

Anirma Gupta, SVP and Chief Legal Officer at Unity Software Inc . (NYSE:U), recently sold a significant portion of the company’s stock. According to a filing with the Securities and Exchange Commission, Gupta sold a total of 46,957 shares of Unity’s common stock on May 27, 2025. The shares were sold at prices ranging from $21.24 to $21.68, resulting in a total transaction value of approximately $997,483. The stock, which currently trades at $23.78, has shown significant volatility according to InvestingPro data, with a beta of 2.29 and an 8.74% return over the past week.

These sales were conducted to cover tax withholding obligations related to the vesting of restricted stock units, and were not discretionary trades by Gupta. Following these transactions, Gupta holds 644,952 shares directly. InvestingPro analysis shows Unity currently trading near its Fair Value, with 4 analysts recently revising their earnings expectations downward. For deeper insights into Unity’s valuation and future prospects, including 8 additional ProTips and comprehensive financial metrics, check out the Pro Research Report available on InvestingPro.

In other recent news, Unity Software (ETR:SOWGn) reported a strong financial performance for the first quarter of 2025, surpassing earnings expectations with an EPS of $0.24, double the forecasted $0.12. Revenue for the quarter reached $435 million, exceeding the projected $417.13 million. The company’s adjusted EBITDA also saw a significant increase, reaching $84 million, which is a 7% rise year-over-year and 29% above both guidance and consensus estimates. Despite these positive results, Unity has provided a cautious revenue guidance for the second quarter, estimating between $415 million and $425 million, with an adjusted EBITDA forecast of $70-75 million.

Analyst firms have weighed in on Unity’s recent performance. Stifel maintained a Buy rating, though they lowered the price target to $28, citing conservative guidance overshadowing the positive aspects of the earnings call. Meanwhile, Macquarie reiterated a Neutral rating with a $24 price target, acknowledging the company’s solid quarterly performance and the promising advancements with its new product, Unity Vector. The rollout of Vector has shown a 15-20% improvement in installs and in-app purchase value, completing its migration ahead of schedule.

Unity’s Grow and Create segments experienced revenue declines year-over-year, yet the company continues to innovate with new launches like Unity 6 and Vector AI, which have been well-received. The company is optimistic about regaining market share in the mobile advertising space, with the Vector AI platform expected to drive future growth. Despite the high debt levels, Unity’s cash flow has improved, and the firm is focusing on leveraging first-party data to enhance its ecosystem further.

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