Nuveen LLC Buys Shares of 1,019,691 UiPath, Inc. $PATH

Key Points

• Nuveen LLC has invested approximately $10.50 million in UiPath, acquiring around 1,019,691 shares, representing 0.18% of the company.
• UiPath reported a 6.4% increase in revenue compared to the previous year, with quarterly revenue of $356.62 million and earnings per share of $0.11, surpassing analysts' expectations.
• Insiders have sold a total of 831,310 shares worth over $10.4 million in the last quarter, indicating notable activity among company executives.

Nuveen LLC purchased a new stake in UiPath, Inc. (NYSE:PATH - Free Report) during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,019,691 shares of the company's stock, valued at approximately $10,503,000. Nuveen LLC owned approximately 0.18% of UiPath as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Invesco Ltd. boosted its position in UiPath by 18.8% in the first quarter. Invesco Ltd. now owns 454,849 shares of the company's stock valued at $4,685,000 after buying an additional 72,049 shares in the last quarter. Covestor Ltd lifted its position in shares of UiPath by 13.1% during the first quarter. Covestor Ltd now owns 11,070 shares of the company's stock worth $114,000 after purchasing an additional 1,283 shares in the last quarter. Herald Investment Management Ltd lifted its position in shares of UiPath by 85.4% during the first quarter. Herald Investment Management Ltd now owns 161,280 shares of the company's stock worth $1,660,000 after purchasing an additional 74,280 shares in the last quarter. National Bank of Canada FI acquired a new position in shares of UiPath during the first quarter worth approximately $72,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of UiPath by 62.9% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 82,871 shares of the company's stock worth $854,000 after purchasing an additional 32,013 shares in the last quarter. 62.50% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other UiPath news, CEO Daniel Dines sold 9,988 shares of the company'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 completion of the sale, the chief executive officer owned 4,598,388 shares of the company's stock, valued at approximately $55,180,656. This represents a 0.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have 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 currently owned by corporate insiders.

UiPath Trading Down 1.3%

Shares of PATH traded down $0.14 on Monday, reaching $11.03. 8,047,036 shares of the company's stock were exchanged, compared to its average volume of 11,593,855. The stock has a market capitalization of $5.90 billion, a P/E ratio of -91.91, a price-to-earnings-growth ratio of 14.63 and a beta of 1.03. The business has a 50 day moving average price of $12.04 and a two-hundred day moving average price of $12.04. UiPath, Inc. has a 12 month low of $9.38 and a 12 month high of $15.93.

UiPath (NYSE:PATH - Get Free Report) last posted its quarterly earnings results on Thursday, May 29th. The company reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.10 by $0.01. The business had revenue of $356.62 million during the quarter, compared to the consensus estimate of $332.17 million. UiPath had a negative net margin of 4.65% and a negative return on equity of 3.05%. UiPath'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 firm posted $0.13 earnings per share. UiPath has set its Q2 2026 guidance at EPS. FY 2026 guidance at EPS. Equities research analysts predict that UiPath, Inc. will post -0.17 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on PATH shares. Evercore ISI upped 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. Zacks Research upgraded shares of UiPath to a "hold" rating in a research report on Friday, August 8th. Scotiabank upped their target price on shares of UiPath from $12.00 to $13.00 and gave the stock a "sector perform" rating in a research report on Friday, May 30th. Barclays reiterated an "equal weight" rating on shares of UiPath in a research report on Friday, May 30th. Finally, Royal Bank Of Canada upped their target price on shares of UiPath from $13.00 to $15.00 and gave the stock a "sector perform" rating in a research report on Friday, May 30th. Two equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, UiPath has a consensus rating of "Hold" and an average target price of $13.83.

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.