Charles Schwab Investment Management Inc. Acquires 177,071 Shares of UiPath, Inc. $PATH

Key Points

• Charles Schwab Investment Management Inc. increased its stake in UiPath, Inc. by 6.3%, holding a total of 2,995,632 shares valued at approximately $30.9 million.
• UiPath reported earnings of $0.11 per share for the last quarter, surpassing estimates, with revenue hitting $356.62 million, up 6.4% year-over-year.
• Various analysts have raised their price targets for UiPath, with Morgan Stanley and Royal Bank of Canada setting it at $15.00, indicating positive market sentiment towards the stock.

Charles Schwab Investment Management Inc. grew its position in UiPath, Inc. (NYSE:PATH - Free Report) by 6.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,995,632 shares of the company's stock after buying an additional 177,071 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.54% of UiPath worth $30,855,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Versant Capital Management Inc grew its holdings in shares of UiPath by 198.6% in the 1st quarter. Versant Capital Management Inc now owns 2,962 shares of the company's stock valued at $31,000 after buying an additional 1,970 shares during the period. CX Institutional bought a new stake in UiPath in the 1st quarter valued at $36,000. True Wealth Design LLC lifted its position in UiPath by 18.4% in the 4th quarter. True Wealth Design LLC now owns 5,163 shares of the company's stock valued at $66,000 after acquiring an additional 801 shares in the last quarter. MRP Capital Investments LLC bought a new stake in UiPath in the 1st quarter valued at $82,000. Finally, Meeder Advisory Services Inc. bought a new stake in UiPath in the 1st quarter valued at $105,000. Institutional investors and hedge funds own 62.50% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently commented on PATH shares. Wells Fargo & Company reaffirmed an "equal weight" rating on shares of UiPath in a research report on Friday, May 30th. Evercore ISI boosted their price objective on shares of UiPath from $11.00 to $15.00 and gave the company an "in-line" rating in a research report on Friday, May 30th. DA Davidson raised shares of UiPath to a "hold" rating in a research report on Tuesday, July 22nd. Wall Street Zen cut shares of UiPath from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 3rd. Finally, Zacks Research raised shares of UiPath to a "hold" rating in a research report on Friday, August 8th. Two equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, UiPath has an average rating of "Hold" and a consensus target price of $13.83.

Insiders Place Their Bets

In other UiPath news, CEO Daniel Dines sold 9,988 shares of the firm's stock in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $12.00, for a total value of $119,856.00. Following the sale, the chief executive officer owned 4,598,388 shares in the company, valued at $55,180,656. This trade represents a 0.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders have sold a total of 831,310 shares of company stock valued at $10,428,922 in the last quarter. Company insiders own 23.19% of the company's stock.

UiPath Stock Performance

Shares of NYSE PATH traded up $0.2450 during trading hours on Friday, hitting $11.1350. 10,204,070 shares of the stock were exchanged, compared to its average volume of 12,036,690. The company has a market cap of $5.96 billion, a PE ratio of -92.78, a price-to-earnings-growth ratio of 14.27 and a beta of 1.03. The company's fifty day simple moving average is $12.04 and its two-hundred day simple moving average is $12.08. 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 issued its earnings results on Thursday, May 29th. The company reported $0.11 earnings per share for the quarter, beating analysts' consensus estimates of $0.10 by $0.01. UiPath had a negative net margin of 4.65% and a negative return on equity of 3.05%. The firm had revenue of $356.62 million for the quarter, compared to analyst estimates of $332.17 million. During the same quarter last year, the business posted $0.13 earnings per share. The company's quarterly revenue was up 6.4% on a year-over-year basis. UiPath has set its Q2 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, sell-side analysts expect that UiPath, Inc. will post -0.17 EPS for the current fiscal year.

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.