Kestra Investment Management LLC Makes New Investment in UiPath, Inc. $PATH

Kestra Investment Management LLC acquired a new stake in shares of UiPath, Inc. (NYSE:PATH - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 43,964 shares of the company's stock, valued at approximately $453,000.

Several other hedge funds and other institutional investors have also bought and sold shares of PATH. Versant Capital Management Inc boosted its position 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 worth $31,000 after purchasing an additional 1,970 shares in the last quarter. CX Institutional acquired a new stake in UiPath during the 1st quarter worth about $36,000. Brooklyn Investment Group lifted its holdings in shares of UiPath by 314.3% in the 1st quarter. Brooklyn Investment Group now owns 4,508 shares of the company's stock valued at $46,000 after buying an additional 3,420 shares during the period. National Bank of Canada FI acquired a new position in shares of UiPath in the 1st quarter valued at about $72,000. Finally, MRP Capital Investments LLC acquired a new position in shares of UiPath in the 1st quarter valued at about $82,000. Institutional investors own 62.50% of the company's stock.

UiPath Stock Up 2.7%

Shares of PATH stock opened at $11.80 on Tuesday. UiPath, Inc. has a 52-week low of $9.38 and a 52-week high of $15.93. The stock's 50-day moving average price is $11.74 and its 200 day moving average price is $11.79. The stock has a market capitalization of $6.31 billion, a PE ratio of 393.27, a price-to-earnings-growth ratio of 12.07 and a beta of 1.02.

UiPath (NYSE:PATH - Get Free Report) last announced its quarterly earnings data on Thursday, September 4th. The company reported $0.15 earnings per share for the quarter, beating analysts' consensus estimates of $0.08 by $0.07. The company had revenue of $361.73 million for the quarter, compared to analyst estimates of $347.36 million. UiPath had a return on equity of 1.27% and a net margin of 1.35%.The firm's revenue for the quarter was up 14.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.04 EPS. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Analysts expect that UiPath, Inc. will post -0.17 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

PATH has been the subject of a number of recent analyst reports. Cowen restated a "hold" rating on shares of UiPath in a research report on Friday. DA Davidson started coverage on UiPath in a research report on Friday. They set a "neutral" rating and a $12.00 price objective on the stock. Evercore ISI increased their price objective on UiPath from $11.00 to $15.00 and gave the stock an "in-line" rating in a research report 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. Finally, Scotiabank upped their price target on UiPath from $12.00 to $13.00 and gave the stock a "sector perform" rating in a research note on Friday, May 30th. Two analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $13.18.

Insider Activity at UiPath

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

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.

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