Vanguard Personalized Indexing Management LLC cut its holdings in shares of UiPath, Inc. (NYSE:PATH – Free Report) by 29.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,726 shares of the company’s stock after selling 14,704 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in UiPath were worth $444,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. AdvisorNet Financial Inc boosted its position in shares of UiPath by 320.4% during the second quarter. AdvisorNet Financial Inc now owns 2,476 shares of the company’s stock worth $32,000 after buying an additional 1,887 shares during the period. GAMMA Investing LLC boosted its position in shares of UiPath by 48.0% during the second quarter. GAMMA Investing LLC now owns 2,989 shares of the company’s stock worth $38,000 after buying an additional 969 shares during the period. IFP Advisors Inc boosted its position in shares of UiPath by 508.0% during the second quarter. IFP Advisors Inc now owns 3,283 shares of the company’s stock worth $42,000 after buying an additional 2,743 shares during the period. Brooklyn Investment Group boosted its position in shares of UiPath by 314.3% during the first quarter. Brooklyn Investment Group now owns 4,508 shares of the company’s stock worth $46,000 after buying an additional 3,420 shares during the period. Finally, CX Institutional boosted its position in shares of UiPath by 43.3% during the second quarter. CX Institutional now owns 5,014 shares of the company’s stock worth $64,000 after buying an additional 1,515 shares during the period. 62.50% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on PATH shares. Wall Street Zen upgraded UiPath from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 6th. Zacks Research raised UiPath from a “hold” rating to a “strong-buy” rating in a report on Monday, September 8th. Cowen reissued a “hold” rating on shares of UiPath in a report on Friday, September 5th. Needham & Company LLC reissued a “hold” rating on shares of UiPath in a report on Friday, September 5th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of UiPath in a report on Wednesday, October 8th. One investment 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 stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $13.21.
Insider Buying and Selling at UiPath
In other news, CEO Daniel Dines sold 122,734 shares of the business’s 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 transaction, the chief executive officer directly owned 613,670 shares in the company, valued at $9,137,546.30. The trade was a 16.67% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Ashim Gupta sold 240,874 shares of the business’s stock in a transaction on Thursday, October 9th. The shares were sold at an average price of $17.28, for a total transaction of $4,162,302.72. Following the transaction, the chief financial officer owned 696,117 shares in the company, valued at approximately $12,028,901.76. This represents a 25.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 2,193,990 shares of company stock worth $31,558,381. 23.19% of the stock is currently owned by corporate insiders.
UiPath Stock Down 7.8%
Shares of NYSE:PATH opened at $15.02 on Thursday. The company’s fifty day moving average is $12.83 and its two-hundred day moving average is $12.33. UiPath, Inc. has a 12-month low of $9.38 and a 12-month high of $18.74. The company has a market cap of $7.97 billion, a P/E ratio of 500.50, a price-to-earnings-growth ratio of 6.02 and a beta of 1.07.
UiPath (NYSE:PATH – Get Free Report) last posted its quarterly earnings results on Thursday, September 4th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.08 by $0.07. UiPath had a net margin of 1.35% and a return on equity of 1.28%. The business had revenue of $361.73 million for the quarter, compared to analysts’ expectations of $347.36 million. During the same period in the previous year, the company posted $0.04 EPS. UiPath’s revenue was up 14.6% on a year-over-year basis. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Equities research analysts anticipate that UiPath, Inc. will post -0.17 earnings per share for the current year.
About UiPath
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.
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