JT Stratford LLC Purchases New Position in UiPath, Inc. $PATH

Key Points

• JT Stratford LLC invested approximately $653,000 in UiPath, purchasing 63,398 shares of the company's stock in the first quarter.
• Multiple institutional investors have increased their holdings in UiPath, with Brooklyn Investment Group raising its stake by 314.3% during the same period.
• UiPath's stock has a consensus rating of "Hold" among analysts, with a current price target of $13.83.

JT Stratford LLC acquired a new stake in UiPath, Inc. (NYSE:PATH - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 63,398 shares of the company's stock, valued at approximately $653,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Tidal Investments LLC lifted its stake in shares of UiPath by 3.7% during the 4th quarter. Tidal Investments LLC now owns 22,487 shares of the company's stock worth $286,000 after buying an additional 797 shares during the last quarter. True Wealth Design LLC lifted its stake in shares of UiPath by 18.4% during the 4th quarter. True Wealth Design LLC now owns 5,163 shares of the company's stock worth $66,000 after buying an additional 801 shares during the last quarter. United Capital Financial Advisors LLC lifted its stake in shares of UiPath by 8.6% during the 4th quarter. United Capital Financial Advisors LLC now owns 12,238 shares of the company's stock worth $156,000 after buying an additional 971 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of UiPath by 6.8% during the 4th quarter. NewEdge Advisors LLC now owns 15,809 shares of the company's stock worth $201,000 after buying an additional 1,003 shares during the last quarter. Finally, Xponance Inc. lifted its stake in shares of UiPath by 2.0% during the 1st quarter. Xponance Inc. now owns 54,246 shares of the company's stock worth $559,000 after buying an additional 1,054 shares during the last quarter. Institutional investors own 62.50% of the company's stock.

Analysts Set New Price Targets

PATH has been the subject of a number of research reports. Barclays restated an "equal weight" rating on shares of UiPath in a research note on Friday, May 30th. Morgan Stanley lifted their price objective on shares of UiPath from $12.00 to $15.00 and gave the stock an "equal weight" rating in a research note on Monday, June 2nd. Canaccord Genuity Group set a $16.00 price objective on shares of UiPath and gave the stock a "buy" rating in a research note on Monday, June 2nd. Wall Street Zen cut shares of UiPath from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 3rd. Finally, DA Davidson upgraded shares of UiPath to a "hold" rating in a research note on Tuesday, July 22nd. Two investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $13.83.

UiPath Stock Up 2.2%

Shares of NYSE:PATH traded up $0.2450 during midday trading on Friday, hitting $11.1350. The stock had a trading volume of 10,204,070 shares, compared to its average volume of 12,036,690. The company's 50-day moving average price is $12.04 and its 200-day moving average price is $12.08. The company has a market capitalization of $5.96 billion, a P/E ratio of -92.78, a price-to-earnings-growth ratio of 14.27 and a beta of 1.03. UiPath, Inc. has a fifty-two week low of $9.38 and a fifty-two week high of $15.93.

UiPath (NYSE:PATH - Get Free Report) last issued its earnings results on Thursday, May 29th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.10 by $0.01. The company had revenue of $356.62 million during the quarter, compared to analysts' expectations of $332.17 million. UiPath had a negative net margin of 4.65% and a negative return on equity of 3.05%. The business's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the previous year, the company earned $0.13 EPS. UiPath has set its Q2 2026 guidance at EPS. FY 2026 guidance at EPS. Research analysts expect that UiPath, Inc. will post -0.17 EPS for the current fiscal year.

Insider Activity at UiPath

In other news, CFO Ashim Gupta sold 56,322 shares of the business's stock in a transaction that occurred on Wednesday, July 2nd. The shares were sold at an average price of $12.72, for a total value of $716,415.84. Following the completion of the transaction, the chief financial officer directly owned 859,991 shares in the company, valued at approximately $10,939,085.52. The trade was a 6.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Daniel Dines sold 45,000 shares of the business's stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $12.43, for a total transaction of $559,350.00. Following the completion of the transaction, the chief executive officer owned 5,058,376 shares of the company's stock, valued at $62,875,613.68. The trade was a 0.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 831,310 shares of company stock valued at $10,428,922 over the last 90 days. Corporate insiders own 23.19% of the company's stock.

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.