MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Has $63.16 Million Holdings in UiPath, Inc. $PATH

Key Points

• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its shareholding in UiPath, Inc. by 10.9%, now owning 6,132,003 shares valued at approximately $63.16 million.
• UiPath reported $0.15 earnings per share for the last quarter, surpassing estimates and reflecting a 14.6% increase in revenue year-over-year.
• Recent analyst reports show a consensus rating of "Hold" for UiPath, with some firms raising their price targets and others issuing a "buy" rating.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in UiPath, Inc. (NYSE:PATH - Free Report) by 10.9% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,132,003 shares of the company's stock after acquiring an additional 602,866 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 1.11% of UiPath worth $63,164,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the company. Vanguard Group Inc. lifted its position in shares of UiPath by 3.0% in the 1st quarter. Vanguard Group Inc. now owns 48,061,096 shares of the company's stock valued at $495,029,000 after acquiring an additional 1,396,972 shares in the last quarter. Federated Hermes Inc. lifted its position in UiPath by 479.3% in the 1st quarter. Federated Hermes Inc. now owns 5,720,096 shares of the company's stock worth $58,917,000 after buying an additional 4,732,712 shares in the last quarter. Jacobs Levy Equity Management Inc. lifted its position in UiPath by 35.6% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 5,459,071 shares of the company's stock worth $69,385,000 after buying an additional 1,432,569 shares in the last quarter. Two Sigma Investments LP lifted its position in UiPath by 8.2% in the 4th quarter. Two Sigma Investments LP now owns 5,276,248 shares of the company's stock worth $67,061,000 after buying an additional 400,726 shares in the last quarter. Finally, Two Sigma Advisers LP lifted its position in UiPath by 29.0% in the 4th quarter. Two Sigma Advisers LP now owns 4,901,000 shares of the company's stock worth $62,292,000 after buying an additional 1,100,800 shares in the last quarter. Hedge funds and other institutional investors own 62.50% of the company's stock.

Insiders Place Their Bets

In related news, CEO Daniel Dines sold 45,000 shares of the firm's stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $12.43, for a total value of $559,350.00. Following the transaction, the chief executive officer directly owned 5,058,376 shares in the company, valued at approximately $62,875,613.68. This trade represents a 0.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CFO Ashim Gupta sold 56,322 shares of the firm's stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of $12.72, for a total transaction of $716,415.84. Following the completion of the transaction, the chief financial officer owned 859,991 shares in the company, valued at $10,939,085.52. The trade was a 6.15% 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 worth $10,428,922 over the last quarter. 23.19% of the stock is currently owned by company insiders.

UiPath Stock Up 2.7%

Shares of PATH traded up $0.31 during mid-day trading on Monday, hitting $11.80. 15,988,423 shares of the company's stock were exchanged, compared to its average volume of 11,748,976. The firm has a fifty day moving average of $11.74 and a two-hundred day moving average of $11.79. UiPath, Inc. has a twelve month low of $9.38 and a twelve month high of $15.93. The stock has a market cap of $6.31 billion, a price-to-earnings ratio of 393.27, a P/E/G ratio of 12.07 and a beta of 1.02.

UiPath (NYSE:PATH - Get Free Report) last announced its quarterly earnings results on Thursday, September 4th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.08 by $0.07. UiPath had a net margin of 1.35% and a return on equity of 1.27%. The company had revenue of $361.73 million for the quarter, compared to analyst estimates of $347.36 million. During the same quarter in the prior year, the business posted $0.04 EPS. UiPath's quarterly 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. On average, equities analysts predict that UiPath, Inc. will post -0.17 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have issued reports on PATH. Barclays reiterated an "equal weight" rating on shares of UiPath in a research report on Friday, May 30th. Evercore ISI increased their target price on shares of UiPath from $11.00 to $15.00 and gave the stock an "in-line" rating in a research report on Friday, May 30th. Canaccord Genuity Group cut their target price on shares of UiPath from $16.00 to $15.00 and set a "buy" rating for the company in a research report on Monday. Wells Fargo & Company reiterated an "equal weight" rating on shares of UiPath in a research report on Friday, May 30th. Finally, Morgan Stanley increased their target price on shares of UiPath from $12.00 to $15.00 and gave the stock an "equal weight" rating in a research report on Monday, June 2nd. Two analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $13.18.

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.