Farther Finance Advisors LLC Sells 1,078 Shares of UiPath, Inc. $PATH

Farther Finance Advisors LLC lessened its stake in UiPath, Inc. (NYSE:PATH) by 33.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,126 shares of the company’s stock after selling 1,078 shares during the period. Farther Finance Advisors LLC’s holdings in UiPath were worth $27,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Bank of Nova Scotia bought a new position in UiPath during the first quarter worth about $3,907,000. Jump Financial LLC bought a new position in UiPath during the first quarter worth about $11,016,000. Deutsche Bank AG lifted its stake in UiPath by 3.8% during the first quarter. Deutsche Bank AG now owns 1,562,306 shares of the company’s stock worth $16,092,000 after purchasing an additional 56,721 shares during the period. Pallas Capital Advisors LLC lifted its stake in UiPath by 24.8% during the second quarter. Pallas Capital Advisors LLC now owns 105,834 shares of the company’s stock worth $1,355,000 after purchasing an additional 21,058 shares during the period. Finally, Canada Pension Plan Investment Board lifted its stake in UiPath by 12.7% during the first quarter. Canada Pension Plan Investment Board now owns 1,809,200 shares of the company’s stock worth $18,635,000 after purchasing an additional 204,400 shares during the period. Institutional investors own 62.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on PATH. BMO Capital Markets raised their price target on shares of UiPath from $12.50 to $13.00 and gave the stock a “market perform” rating in a research note on Thursday, October 2nd. Zacks Research upgraded shares of UiPath from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 8th. Cowen restated a “hold” rating on shares of UiPath in a research note on Friday, September 5th. Weiss Ratings restated a “sell (d)” rating on shares of UiPath in a research note on Wednesday. Finally, Wall Street Zen raised shares of UiPath from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 6th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $13.21.

UiPath Price Performance

Shares of UiPath stock opened at $15.59 on Thursday. The firm has a market cap of $8.28 billion, a P/E ratio of 519.67, a P/E/G ratio of 5.48 and a beta of 1.07. The firm has a 50 day simple moving average of $11.74 and a 200 day simple moving average of $11.93. UiPath, Inc. has a fifty-two week low of $9.38 and a fifty-two week high of $15.93.

UiPath (NYSE:PATH) last issued its quarterly earnings results on Thursday, September 4th. The company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.07. The business had revenue of $361.73 million during the quarter, compared to analyst estimates of $347.36 million. UiPath had a net margin of 1.35% and a return on equity of 1.28%. UiPath’s revenue for the quarter was up 14.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.04 earnings per share. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. On average, sell-side analysts expect that UiPath, Inc. will post -0.17 EPS for the current year.

Insider Buying and Selling

In other UiPath news, CEO Daniel Dines sold 122,734 shares of UiPath stock in a transaction on Wednesday, October 8th. The shares were sold at an average price of $14.89, for a total transaction of $1,827,509.26. Following the completion of the sale, the chief executive officer owned 736,404 shares of the company’s stock, valued at approximately $10,965,055.56. The trade was a 14.29% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Brad Brubaker sold 66,665 shares of UiPath stock in a transaction on Monday, October 6th. The stock was sold at an average price of $15.00, for a total transaction of $999,975.00. Following the sale, the insider directly owned 690,519 shares of the company’s stock, valued at $10,357,785. This represents a 8.80% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 1,692,334 shares of company stock valued at $21,619,319. 23.19% of the stock is currently owned by company insiders.

UiPath Profile

UiPath Inc provides an end-to-end automation platform that offers a range of robotic process automation (RPA) solutions primarily in the United States, Romania, the United Kingdom, the Netherlands, and internationally. The company offers a suite of interrelated software to build, manage, run, engage, measure, and govern automation within the organization.