Pallas Capital Advisors LLC Has $1.36 Million Stock Holdings in UiPath, Inc. $PATH

Key Points

• Pallas Capital Advisors LLC has increased its holdings in UiPath, Inc. by 24.8%, owning 105,834 shares worth approximately $1.36 million as of the latest SEC filing.
• CEO Daniel Dines sold 122,733 shares of UiPath stock for over $1.43 million, resulting in a 4.76% decrease in his holdings.
• UiPath reported $0.15 earnings per share for the last quarter, exceeding analysts' estimates of $0.08, along with a 14.6% year-over-year revenue increase to $361.73 million.

Pallas Capital Advisors LLC grew its holdings in UiPath, Inc. (NYSE:PATH - Free Report) by 24.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 105,834 shares of the company's stock after purchasing an additional 21,058 shares during the quarter. Pallas Capital Advisors LLC's holdings in UiPath were worth $1,355,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Versant Capital Management Inc increased its holdings in UiPath by 198.6% in the first 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 shares of UiPath during the 1st quarter worth approximately $36,000. Brooklyn Investment Group grew its position in shares of UiPath by 314.3% during the 1st quarter. Brooklyn Investment Group now owns 4,508 shares of the company's stock worth $46,000 after buying an additional 3,420 shares during the period. National Bank of Canada FI acquired a new stake in shares of UiPath during the 1st quarter worth approximately $72,000. Finally, MRP Capital Investments LLC bought a new position in UiPath during the first quarter worth $82,000. 62.50% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Daniel Dines sold 122,733 shares of the company's stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $11.71, for a total value of $1,437,203.43. Following the completion of the sale, the chief executive officer owned 2,454,667 shares in the company, valued at $28,744,150.57. This represents a 4.76% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Over the last ninety days, insiders sold 999,043 shares of company stock valued at $12,406,575. Corporate insiders own 23.19% of the company's stock.

Wall Street Analyst Weigh In

PATH has been the topic of several research analyst reports. Wall Street Zen raised shares of UiPath from a "buy" rating to a "strong-buy" rating in a research note on Saturday, September 6th. Wells Fargo & Company reiterated an "equal weight" rating on shares of UiPath in a report on Friday, May 30th. Truist Financial decreased their target price on UiPath from $13.00 to $12.00 and set a "hold" rating for the company in a research report on Friday, September 5th. DA Davidson initiated coverage on UiPath in a research report on Friday, September 5th. They issued a "neutral" rating and a $12.00 target price for the company. Finally, Barclays reissued an "equal weight" rating on shares of UiPath in a research note on Friday, May 30th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat.com, UiPath presently has an average rating of "Hold" and an average target price of $13.18.

UiPath Stock Performance

PATH stock opened at $12.16 on Friday. The company has a market capitalization of $6.46 billion, a P/E ratio of 405.47, a price-to-earnings-growth ratio of 4.52 and a beta of 1.02. UiPath, Inc. has a 52-week low of $9.38 and a 52-week high of $15.93. The business has a 50-day simple moving average of $11.52 and a two-hundred day simple moving average of $11.76.

UiPath (NYSE:PATH - Get Free Report) last posted its earnings results 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. UiPath had a return on equity of 1.28% and a net margin of 1.35%.The company had revenue of $361.73 million for the quarter, compared to analyst estimates of $347.36 million. During the same quarter last year, the company earned $0.04 earnings per share. The company's revenue for the quarter was up 14.6% on a year-over-year basis. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. As a group, sell-side analysts forecast that UiPath, Inc. will post -0.17 earnings per share for the current fiscal year.

UiPath Company 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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