Lecap Asset Management Ltd. Reduces Position in UiPath, Inc. $PATH

Key Points

• Lecap Asset Management Ltd. has significantly reduced its position in UiPath, Inc. (NYSE: PATH) by 66% in the second quarter, holding 24,075 shares valued at approximately $308,000 after selling 46,753 shares.
• Several other institutional investors have increased their stakes in UiPath, with Wealth Enhancement Advisory Services lifting their position by 68%, indicating renewed interest in the stock.
• UiPath's recent earnings report showed an EPS of $0.15, surpassing expectations, and it has set a negative EPS guidance for FY 2026, reflecting cautious sentiment among analysts.

Lecap Asset Management Ltd. lessened its stake in shares of UiPath, Inc. (NYSE:PATH - Free Report) by 66.0% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 24,075 shares of the company's stock after selling 46,753 shares during the quarter. Lecap Asset Management Ltd.'s holdings in UiPath were worth $308,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PATH. Wealth Enhancement Advisory Services LLC lifted its stake in UiPath by 68.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 160,369 shares of the company's stock worth $2,038,000 after acquiring an additional 64,900 shares during the period. Versant Capital Management Inc increased its holdings in shares of UiPath by 198.6% during the first quarter. Versant Capital Management Inc now owns 2,962 shares of the company's stock valued at $31,000 after acquiring an additional 1,970 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of UiPath by 1,207.7% during the first quarter. GAMMA Investing LLC now owns 20,806 shares of the company's stock valued at $2,020,000 after acquiring an additional 19,215 shares in the last quarter. Merit Financial Group LLC increased its holdings in shares of UiPath by 31.7% during the first quarter. Merit Financial Group LLC now owns 64,648 shares of the company's stock valued at $666,000 after acquiring an additional 15,543 shares in the last quarter. Finally, Washington Capital Management Inc. increased its holdings in shares of UiPath by 23.5% during the first quarter. Washington Capital Management Inc. now owns 42,000 shares of the company's stock valued at $433,000 after acquiring an additional 8,000 shares in the last quarter. Hedge funds and other institutional investors own 62.50% of the company's stock.

Insider Buying and Selling

In related news, CEO Daniel Dines sold 122,733 shares of UiPath stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $11.71, for a total transaction of $1,437,203.43. Following the transaction, the chief executive officer directly owned 2,454,667 shares in the company, valued at approximately $28,744,150.57. The trade was a 4.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last quarter, insiders sold 1,470,202 shares of company stock valued at $18,226,716. 23.19% of the stock is currently owned by company insiders.

UiPath Stock Up 1.1%

UiPath stock opened at $12.90 on Friday. The business has a 50-day simple moving average of $11.57 and a two-hundred day simple moving average of $11.85. The company has a market cap of $6.85 billion, a P/E ratio of 429.83, a P/E/G ratio of 4.72 and a beta of 1.07. UiPath, Inc. has a 52-week low of $9.38 and a 52-week high of $15.93.

UiPath (NYSE:PATH - Get Free Report) last announced its earnings results on Thursday, September 4th. The company reported $0.15 EPS for the quarter, beating analysts' consensus estimates of $0.08 by $0.07. UiPath had a net margin of 1.35% and a return on equity of 1.28%. The business had revenue of $361.73 million during the quarter, compared to analysts' expectations of $347.36 million. During the same period in the prior year, the company earned $0.04 earnings per share. The firm's revenue was up 14.6% on a year-over-year basis. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Research analysts anticipate that UiPath, Inc. will post -0.17 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on PATH. Canaccord Genuity Group reduced their price target on UiPath from $16.00 to $15.00 and set a "buy" rating for the company in a report on Monday, September 8th. Needham & Company LLC restated a "hold" rating on shares of UiPath in a report on Friday, September 5th. DA Davidson began coverage on UiPath in a report on Friday, September 5th. They issued a "neutral" rating and a $12.00 price objective for the company. Truist Financial reduced their price objective on UiPath from $13.00 to $12.00 and set a "hold" rating for the company in a report on Friday, September 5th. Finally, Weiss Ratings reiterated a "sell (d)" rating on shares of UiPath in a report on Saturday, September 27th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, UiPath currently has a consensus rating of "Hold" and an average target price of $13.21.

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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