Trade Alert: CFO & Senior VP Of Unity Software Jarrod Yahes Has Sold Stock

We wouldn't blame Unity Software Inc. (NYSE:U) shareholders if they were a little worried about the fact that Jarrod Yahes, the CFO & Senior VP recently netted about US$1.2m selling shares at an average price of US$45.31. That sale reduced their total holding by 27% which is hardly insignificant, but far from the worst we've seen.

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The Last 12 Months Of Insider Transactions At Unity Software

In the last twelve months, the biggest single sale by an insider was when the insider, David Helgason, sold US$15m worth of shares at a price of US$49.16 per share. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. The good news is that this large sale was at well above current price of US$43.49. So it may not tell us anything about how insiders feel about the current share price.

Unity Software insiders didn't buy any shares over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

See our latest analysis for Unity Software

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Insider Ownership Of Unity Software

Many investors like to check how much of a company is owned by insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Unity Software insiders own about US$519m worth of shares (which is 2.7% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Does This Data Suggest About Unity Software Insiders?

Insiders haven't bought Unity Software stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. In terms of investment risks, we've identified 1 warning sign with Unity Software and understanding it should be part of your investment process.

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For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.