Acadian Asset Management LLC Increases Stock Holdings in UiPath, Inc. $PATH

Key Points

Error: Response status code does not indicate success: 503 (Service Unavailable).

Acadian Asset Management LLC lifted its stake in shares of UiPath, Inc. (NYSE:PATH - Free Report) by 222.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,241,047 shares of the company's stock after acquiring an additional 2,926,263 shares during the period. Acadian Asset Management LLC owned 0.77% of UiPath worth $43,667,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Versant Capital Management Inc boosted its stake in shares of UiPath by 198.6% during the first quarter. Versant Capital Management Inc now owns 2,962 shares of the company's stock valued at $31,000 after acquiring an additional 1,970 shares during the last quarter. CX Institutional acquired a new stake in shares of UiPath during the first quarter valued at $36,000. Brooklyn Investment Group boosted its stake in shares of UiPath by 314.3% during the first quarter. Brooklyn Investment Group now owns 4,508 shares of the company's stock valued at $46,000 after acquiring an additional 3,420 shares during the last quarter. National Bank of Canada FI acquired a new stake in UiPath in the 1st quarter worth about $72,000. Finally, MRP Capital Investments LLC acquired a new stake in UiPath in the 1st quarter worth about $82,000. Institutional investors and hedge funds own 62.50% of the company's stock.

Analyst Ratings Changes

A number of brokerages have issued reports on PATH. Canaccord Genuity Group decreased their price target on UiPath from $16.00 to $15.00 and set a "buy" rating on the stock in a research note on Monday, September 8th. Wells Fargo & Company reissued an "equal weight" rating on shares of UiPath in a research note on Friday, May 30th. Truist Financial decreased their price target on UiPath from $13.00 to $12.00 and set a "hold" rating on the stock in a research note on Friday, September 5th. Needham & Company LLC reissued a "hold" rating on shares of UiPath in a research note on Friday, September 5th. Finally, BMO Capital Markets decreased their price target on UiPath from $15.50 to $12.50 and set a "market perform" rating on the stock 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, twelve have issued a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $13.18.

UiPath Trading Down 2.6%

Shares of UiPath stock traded down $0.30 during trading hours on Friday, reaching $11.39. The stock had a trading volume of 9,202,942 shares, compared to its average volume of 12,397,418. The firm has a 50 day simple moving average of $11.63 and a two-hundred day simple moving average of $11.77. The firm has a market capitalization of $6.09 billion, a price-to-earnings ratio of 379.67, a P/E/G ratio of 4.47 and a beta of 1.02. UiPath, Inc. has a 1 year low of $9.38 and a 1 year high of $15.93.

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 the consensus estimate of $0.08 by $0.07. The business had revenue of $361.73 million for the quarter, compared to the consensus estimate of $347.36 million. UiPath had a return on equity of 1.28% and a net margin of 1.35%.The company's revenue was up 14.6% on a year-over-year basis. During the same period last year, the business posted $0.04 EPS. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Sell-side analysts forecast that UiPath, Inc. will post -0.17 EPS for the current year.

Insider Activity at UiPath

In related news, CEO Daniel Dines sold 45,000 shares of the firm's stock in a transaction dated Wednesday, September 10th. The stock was sold at an average price of $12.01, for a total transaction of $540,450.00. Following the sale, the chief executive officer directly owned 2,700,133 shares in the company, valued at approximately $32,428,597.33. This trade represents a 1.64% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In the last quarter, insiders sold 876,310 shares of company stock worth $10,969,372. Company insiders own 23.19% 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.