UiPath (NYSE:PATH) CEO Daniel Dines Sells 122,733 Shares

Key Points

• Daniel Dines, CEO of UiPath, sold 122,733 shares on September 19th at an average price of $11.92, totaling approximately $1.46 million, reducing his ownership by 5% to around 2.33 million shares.
• UiPath's shares traded down 2.2% to $11.88, with a market capitalization of $6.31 billion, and had a 12-month price range of $9.38 to $15.93.
• UiPath reported a 14.6% increase in quarterly revenue year-over-year, with earnings per share (EPS) of $0.15, beating expectations and indicating a positive trend for the company.

UiPath, Inc. (NYSE:PATH - Get Free Report) CEO Daniel Dines sold 122,733 shares of the firm's stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $11.92, for a total value of $1,462,977.36. Following the completion of the sale, the chief executive officer directly owned 2,331,934 shares of the company's stock, valued at $27,796,653.28. The trade was a 5.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Daniel Dines also recently made the following trade(s):

• On Wednesday, September 17th, Daniel Dines sold 122,733 shares of UiPath stock. The shares were sold at an average price of $11.71, for a total value of $1,437,203.43.
• On Wednesday, September 10th, Daniel Dines sold 45,000 shares of UiPath stock. The shares were sold at an average price of $12.01, for a total value of $540,450.00.
• On Thursday, July 31st, Daniel Dines sold 9,988 shares of UiPath stock. The shares were sold at an average price of $12.00, for a total value of $119,856.00.
• On Wednesday, July 30th, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $12.06, for a total value of $542,700.00.
• On Monday, July 28th, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $12.16, for a total value of $547,200.00.
• On Friday, July 25th, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $12.25, for a total value of $551,250.00.
• On Wednesday, July 23rd, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $12.56, for a total value of $565,200.00.
• On Monday, July 21st, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $12.72, for a total value of $572,400.00.
• On Friday, July 18th, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $12.38, for a total value of $557,100.00.
• On Wednesday, July 16th, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $12.43, for a total value of $559,350.00.

UiPath Trading Down 2.2%

Shares of PATH stock traded down $0.27 on Friday, reaching $11.88. 13,015,650 shares of the company's stock were exchanged, compared to its average volume of 12,326,224. UiPath, Inc. has a 52 week low of $9.38 and a 52 week high of $15.93. The stock has a market capitalization of $6.31 billion, a PE ratio of 396.00, a P/E/G ratio of 4.54 and a beta of 1.02. The company's fifty day simple moving average is $11.51 and its 200 day simple moving average is $11.76.

UiPath (NYSE:PATH - Get Free Report) last issued its quarterly earnings results on Thursday, September 4th. The company reported $0.15 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $361.73 million during the quarter, compared to analyst estimates of $347.36 million. During the same period last year, the company earned $0.04 EPS. UiPath's quarterly 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. As a group, sell-side analysts predict that UiPath, Inc. will post -0.17 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have commented on PATH shares. Wells Fargo & Company restated an "equal weight" rating on shares of UiPath in a report on Friday, May 30th. Cowen restated a "hold" rating on shares of UiPath in a report on Friday, September 5th. Zacks Research upgraded UiPath from a "hold" rating to a "strong-buy" rating in a report on Monday, September 8th. Barclays restated an "equal weight" rating on shares of UiPath in a report on Friday, May 30th. Finally, Truist Financial reduced their price objective on UiPath from $13.00 to $12.00 and set a "hold" rating on the stock in a report on Friday, September 5th. 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 two have issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $13.18.

Hedge Funds Weigh In On UiPath

Several institutional investors and hedge funds have recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in shares of UiPath by 3.0% in the 1st quarter. Vanguard Group Inc. now owns 48,061,096 shares of the company's stock valued at $495,029,000 after buying an additional 1,396,972 shares during the period. TFG Asset Management GP Ltd lifted its holdings in shares of UiPath by 53.3% in the 2nd quarter. TFG Asset Management GP Ltd now owns 13,722,244 shares of the company's stock valued at $175,645,000 after buying an additional 4,772,244 shares during the period. AQR Capital Management LLC lifted its holdings in shares of UiPath by 76.0% in the 2nd quarter. AQR Capital Management LLC now owns 11,407,569 shares of the company's stock valued at $145,732,000 after buying an additional 4,926,341 shares during the period. Federated Hermes Inc. lifted its holdings in shares of UiPath by 40.7% in the 2nd quarter. Federated Hermes Inc. now owns 8,048,321 shares of the company's stock valued at $103,019,000 after buying an additional 2,328,225 shares during the period. Finally, State Street Corp lifted its holdings in shares of UiPath by 5.0% in the 2nd quarter. State Street Corp now owns 8,032,345 shares of the company's stock valued at $102,814,000 after buying an additional 378,851 shares during the period. 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.