Ashim Gupta Sells 240,874 Shares of UiPath (NYSE:PATH) Stock

Key Points

• Ashim Gupta, CFO of UiPath, sold 240,874 shares of the company at an average price of $17.28, resulting in a total transaction value of approximately $4.16 million and reducing his position by 25.71%.
• UiPath's stock has seen a 3.9% decline recently, with shares trading at $16.46 and a 52-week range between $9.38 and $18.74.
• Analysts have mixed ratings on UiPath, with a consensus target price of $13.21, including ratings of one Strong Buy, two Buy, twelve Hold, and three Sell.

UiPath, Inc. (NYSE:PATH - Get Free Report) CFO Ashim Gupta sold 240,874 shares of the company's stock in a transaction dated Thursday, October 9th. The stock was sold at an average price of $17.28, for a total value of $4,162,302.72. Following the completion of the transaction, the chief financial officer directly owned 696,117 shares of the company's stock, valued at $12,028,901.76. The trade was a 25.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

UiPath Stock Down 3.9%

Shares of UiPath stock traded down $0.68 during mid-day trading on Tuesday, reaching $16.46. 34,258,608 shares of the stock traded hands, compared to its average volume of 13,977,622. The business has a 50-day moving average of $12.11 and a 200 day moving average of $12.08. UiPath, Inc. has a fifty-two week low of $9.38 and a fifty-two week high of $18.74. The stock has a market capitalization of $8.74 billion, a PE ratio of 548.80, a PEG ratio of 6.31 and a beta of 1.07.

UiPath (NYSE:PATH - Get Free Report) last announced its earnings results 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 during the quarter, compared to analysts' expectations of $347.36 million. During the same quarter in the prior year, the firm earned $0.04 earnings per share. The business's revenue was up 14.6% compared to the same quarter last year. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. On average, equities research analysts expect that UiPath, Inc. will post -0.17 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. GAMMA Investing LLC increased its holdings in shares of UiPath by 48.0% during the 2nd 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 last quarter. Rockefeller Capital Management L.P. boosted its position in UiPath by 0.8% during the 2nd quarter. Rockefeller Capital Management L.P. now owns 123,329 shares of the company's stock worth $1,579,000 after purchasing an additional 1,033 shares during the period. Xponance Inc. increased its holdings in UiPath by 2.0% in the 1st quarter. Xponance Inc. now owns 54,246 shares of the company's stock valued at $559,000 after purchasing an additional 1,054 shares in the last quarter. State Board of Administration of Florida Retirement System increased its holdings in UiPath by 0.4% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 313,946 shares of the company's stock valued at $4,019,000 after purchasing an additional 1,190 shares in the last quarter. Finally, Covestor Ltd increased its holdings in UiPath by 13.1% in the 1st quarter. Covestor Ltd now owns 11,070 shares of the company's stock valued at $114,000 after purchasing an additional 1,283 shares in the last quarter. 62.50% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Canaccord Genuity Group reduced their target price on UiPath from $16.00 to $15.00 and set a "buy" rating for the company in a report on Monday, September 8th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of UiPath in a report on Wednesday, October 8th. Needham & Company LLC reaffirmed a "hold" rating on shares of UiPath in a report on Friday, September 5th. DA Davidson began coverage on UiPath in a report on Friday, September 5th. They issued a "neutral" rating and a $12.00 price target for the company. Finally, Truist Financial cut their price target on UiPath from $13.00 to $12.00 and set a "hold" rating for the company in a report on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the company's stock. According to data from MarketBeat.com, UiPath presently has a consensus rating of "Hold" and a consensus target price of $13.21.

UiPath Company 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.

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