Bank of New York Mellon Corp Reduces Stock Position in UiPath, Inc. $PATH

Bank of New York Mellon Corp cut its position in UiPath, Inc. (NYSE:PATH - Free Report) by 8.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,826,701 shares of the company's stock after selling 270,895 shares during the period. Bank of New York Mellon Corp owned approximately 0.55% of UiPath worth $30,726,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in UiPath by 2.5% in the fourth quarter. Vanguard Group Inc. now owns 49,114,941 shares of the company's stock valued at $804,994,000 after purchasing an additional 1,219,057 shares during the last quarter. State Street Corp lifted its holdings in UiPath by 66.4% in the fourth quarter. State Street Corp now owns 13,004,786 shares of the company's stock valued at $213,148,000 after acquiring an additional 5,189,438 shares during the period. AQR Capital Management LLC lifted its holdings 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 during the period. Bank of America Corp DE boosted its position in UiPath by 13.2% in the 1st quarter. Bank of America Corp DE now owns 10,046,699 shares of the company's stock worth $111,518,000 after purchasing an additional 1,170,285 shares in the last quarter. Finally, Morgan Stanley boosted its position in UiPath by 54.0% in the 4th quarter. Morgan Stanley now owns 9,310,304 shares of the company's stock worth $152,596,000 after purchasing an additional 3,262,930 shares in the last quarter. 62.50% of the stock is currently owned by hedge funds and other institutional investors.

UiPath Stock Down 0.7%

NYSE PATH opened at $18.21 on Friday. The business's fifty day simple moving average is $13.18 and its 200-day simple moving average is $11.75. The firm has a market cap of $9.43 billion, a PE ratio of 30.35, a P/E/G ratio of 2.18 and a beta of 0.96. UiPath, Inc. has a 52 week low of $9.20 and a 52 week high of $19.84.

UiPath (NYSE:PATH - Get Free Report) last posted its quarterly earnings results on Thursday, May 28th. The company reported $0.15 earnings per share for the quarter, meeting the consensus estimate of $0.15. The business had revenue of $418.38 million during the quarter, compared to analysts' expectations of $397.54 million. UiPath had a net margin of 19.58% and a return on equity of 7.92%. The business's revenue for the quarter was up 17.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.11 EPS. Research analysts expect that UiPath, Inc. will post 0.4 EPS for the current year.

Trending Headlines about UiPath

Here are the key news stories impacting UiPath this week:

• Positive Sentiment: Banco Azteca deployment provides a tangible AI-orchestration case study. UiPath Maestro is coordinating more than 8,800 business processes across the bank, bringing people, AI agents and existing systems into one governance layer. Banco Azteca has reported operational benefits and plans to expand its usage, supporting the potential for larger enterprise contracts and recurring revenue. UiPath Is Orchestrating More Than 8,800 Business Processes For A Major Customer
• Positive Sentiment: New product capabilities strengthen UiPath’s positioning in AI automation. The launch of Maestro Flow adds developer-focused orchestration for coding agents, potentially broadening UiPath’s addressable market as companies deploy more autonomous software tools. UiPath Launches UiPath Maestro Flow
• Positive Sentiment: Management is reinforcing a broader long-term AI narrative. CEO and founder Daniel Dines’ new book presents UiPath’s vision of coordinating AI agents, automation and employees while maintaining human oversight and governance. That messaging may help differentiate UiPath from narrower generative-AI offerings. UiPath’s Daniel Dines Says AI’s Real Limit Is That It Can’t Learn On The Job
• Positive Sentiment: Institutional buying and a wider software-sector rally are supporting momentum. Reports indicate large institutions have been adding to positions even as analysts remain cautious, while strength following a peer’s earnings report helped broaden buying beyond the companies that recently reported results. Analysts Have a Wall of Holds on Figma, UiPath and GitLab
• Neutral Sentiment: Analysts’ “Hold” ratings temper the bullish case. The stock’s rally has lifted valuation expectations, and the divergence between institutional accumulation and sell-side ratings suggests investors should watch for profit-taking or a need for stronger execution to justify further gains.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on PATH shares. BMO Capital Markets lowered their price target on shares of UiPath from $14.00 to $13.00 and set a "market perform" rating on the stock in a report on Monday, June 1st. Needham & Company LLC reiterated a "buy" rating and issued a $15.00 price objective on shares of UiPath in a research report on Friday, May 29th. Wall Street Zen lowered shares of UiPath from a "buy" rating to a "hold" rating in a research note on Saturday, May 30th. DA Davidson dropped their target price on UiPath from $13.00 to $12.00 and set a "neutral" rating on the stock in a research report on Friday, May 29th. Finally, Royal Bank Of Canada lifted their price target on UiPath from $12.00 to $15.00 and gave the company a "sector perform" rating in a research note on Friday, August 14th. Two analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, UiPath currently has a consensus rating of "Hold" and a consensus target price of $13.87.

Insider Transactions at UiPath

In related news, CEO Daniel Dines sold 1,402,347 shares of the company's stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $16.07, for a total transaction of $22,535,716.29. Following the sale, the chief executive officer directly owned 26,491,238 shares of the company's stock, valued at $425,714,194.66. This represents a 5.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 22.44% of the stock is owned by company insiders.

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. Its platform's embedded AI, ML, and NLP capabilities improve decisioning and information processing; emulate human behavior allows organizations to address a myriad of use cases; emulate human behavior allows organizations to address a myriad of use cases; multi-tenant platform enterprise deployment with security and governance and Automation Cloud, which enables customers to begin automating without the need to provision infrastructure, install applications, or perform additional configurations; intuitive interface and low-code, drag-and-drop functionality; signed to enable people and automations to work together; and tracks, measures, and forecasts the performance of automations, enables customers to gain powerful insights and generate key performance indicators with actionable metric.

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