Advisors Asset Management Inc. Raises Stock Holdings in UiPath, Inc. $PATH

Key Points

• Advisors Asset Management Inc. has significantly increased its holdings in UiPath, Inc. by 570.3% during the first quarter, owning a total of 69,406 shares valued at $715,000.
• UiPath reported a 14.6% year-over-year revenue growth with revenues of $361.73 million, surpassing expectations of $347.36 million, and also exceeded earnings per share estimates.
• Analysts maintain a mixed outlook on UiPath with two Buy ratings, thirteen Hold ratings, and two Sell ratings, setting an average target price of $13.18.

Advisors Asset Management Inc. boosted its holdings in shares of UiPath, Inc. (NYSE:PATH - Free Report) by 570.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 69,406 shares of the company's stock after purchasing an additional 59,052 shares during the quarter. Advisors Asset Management Inc.'s holdings in UiPath were worth $715,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Bank of Nova Scotia purchased a new position in UiPath during the first quarter worth approximately $3,907,000. Jump Financial LLC acquired a new position in shares of UiPath during the first quarter valued at approximately $11,016,000. Deutsche Bank AG raised its holdings in shares of UiPath by 3.8% during the first quarter. Deutsche Bank AG now owns 1,562,306 shares of the company's stock valued at $16,092,000 after acquiring an additional 56,721 shares during the last quarter. Clear Creek Financial Management LLC acquired a new position in shares of UiPath during the first quarter valued at approximately $266,000. Finally, Canada Pension Plan Investment Board raised its holdings in shares of UiPath by 12.7% during the first quarter. Canada Pension Plan Investment Board now owns 1,809,200 shares of the company's stock valued at $18,635,000 after acquiring an additional 204,400 shares during the last quarter. Hedge funds and other institutional investors own 62.50% of the company's stock.

UiPath Stock Performance

NYSE:PATH opened at $11.91 on Wednesday. UiPath, Inc. has a one year low of $9.38 and a one year high of $15.93. The stock has a market cap of $6.37 billion, a PE ratio of 397.00, a P/E/G ratio of 7.61 and a beta of 1.02. The stock has a 50 day moving average price of $11.72 and a 200 day moving average price of $11.79.

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 return on equity of 1.27% and a net margin of 1.35%.The firm had revenue of $361.73 million during the quarter, compared to analysts' expectations of $347.36 million. During the same quarter last year, the firm earned $0.04 earnings per share. 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. As a group, analysts predict that UiPath, Inc. will post -0.17 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on PATH. DA Davidson began coverage on UiPath in a report on Friday, September 5th. They set a "neutral" rating and a $12.00 target price for the company. Cowen reissued a "hold" rating on shares of UiPath in a report on Friday. Morgan Stanley increased their target price on UiPath from $12.00 to $15.00 and gave the company an "equal weight" rating in a report on Monday, June 2nd. 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. Finally, Truist Financial reduced their target price on UiPath from $13.00 to $12.00 and set a "hold" rating for the company in a report on Friday, September 5th. Two investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $13.18.

Insider Transactions at UiPath

In other UiPath news, CEO Daniel Dines sold 9,988 shares of the firm's stock in a transaction on Thursday, July 31st. The stock was sold at an average price of $12.00, for a total transaction of $119,856.00. Following the completion of the sale, the chief executive officer owned 4,598,388 shares of the company's stock, valued at $55,180,656. This trade represents a 0.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 831,310 shares of company stock worth $10,428,922 over the last ninety days. 23.19% of the stock is owned by company insiders.

UiPath 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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