Shares of UiPath, Inc. (NYSE:PATH – Get Free Report) dropped 10.1% during mid-day trading on Tuesday following insider selling activity. The company traded as low as $14.15 and last traded at $14.2740. Approximately 25,914,925 shares traded hands during trading, an increase of 76% from the average daily volume of 14,710,407 shares. The stock had previously closed at $15.87.
Specifically, CEO Daniel Dines sold 45,000 shares of the stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $16.23, for a total transaction of $730,350.00. Following the transaction, the chief executive officer owned 29,333,585 shares of the company’s stock, valued at approximately $476,084,084.55. This represents a 0.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Daniel Dines sold 45,000 shares of the stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $15.72, for a total value of $707,400.00. Following the transaction, the chief executive officer directly owned 29,423,585 shares in the company, valued at approximately $462,538,756.20. The trade was a 0.15% decrease in their position. The disclosure for this sale is available in the SEC filing. In other UiPath news, CEO Daniel Dines sold 45,000 shares of the business’s stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $16.29, for a total value of $733,050.00. Following the completion of the transaction, the chief executive officer owned 29,468,585 shares in the company, valued at $480,043,249.65. The trade was a 0.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.
Analyst Upgrades and Downgrades
Several research firms have commented on PATH. UBS Group set a $17.00 price target on shares of UiPath and gave the stock a “neutral” rating in a research note on Thursday, October 23rd. DA Davidson began coverage on shares of UiPath in a research note on Friday, September 5th. They issued a “neutral” rating and a $12.00 price target for the company. BMO Capital Markets boosted 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. Canaccord Genuity Group dropped their price target on shares of UiPath from $16.00 to $15.00 and set a “buy” rating for the company in a research note on Monday, September 8th. Finally, Cowen restated a “hold” rating on shares of UiPath in a research note on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $13.71.
UiPath Trading Down 10.1%
The firm has a market cap of $7.58 billion, a PE ratio of 475.80, a P/E/G ratio of 5.87 and a beta of 1.09. The business has a fifty day moving average price of $13.72 and a 200 day moving average price of $12.71.
UiPath (NYSE:PATH – Get Free Report) last released its quarterly earnings data on Thursday, September 4th. The company reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.08 by $0.07. UiPath had a return on equity of 1.28% and a net margin of 1.35%.The business had revenue of $361.73 million for the quarter, compared to the consensus estimate of $347.36 million. During the same quarter in the prior year, the business posted $0.04 EPS. The business’s revenue for the quarter was up 14.6% on a year-over-year basis. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. On average, research analysts expect that UiPath, Inc. will post -0.17 earnings per share for the current fiscal year.
Hedge Funds Weigh In On UiPath
Several large investors have recently bought and sold shares of PATH. Hudson Bay Capital Management LP acquired a new position in UiPath in the second quarter valued at $102,559,000. Norges Bank acquired a new position in UiPath in the second quarter valued at $68,451,000. AQR Capital Management LLC boosted its stake in UiPath by 76.0% in the second quarter. AQR Capital Management LLC now owns 11,407,569 shares of the company’s stock valued at $145,732,000 after acquiring an additional 4,926,341 shares in the last quarter. TFG Asset Management GP Ltd boosted its stake in UiPath by 53.3% in the second quarter. TFG Asset Management GP Ltd now owns 13,722,244 shares of the company’s stock valued at $175,645,000 after acquiring an additional 4,772,244 shares in the last quarter. Finally, Federated Hermes Inc. boosted its stake in UiPath by 479.3% in the first quarter. Federated Hermes Inc. now owns 5,720,096 shares of the company’s stock valued at $58,917,000 after acquiring an additional 4,732,712 shares in the last quarter. Institutional investors and hedge funds own 62.50% of the company’s stock.
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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