Patriot Financial Group Insurance Agency LLC Buys Shares of 21,495 UiPath, Inc. $PATH

Key Points

• Patriot Financial Group Insurance Agency LLC acquired a new stake in UiPath, Inc. by buying 21,495 shares valued at approximately $275,000.
• UiPath reported a 14.6% increase in revenue year-over-year, with a quarterly revenue of $361.73 million and an EPS of $0.15, surpassing analyst expectations.
• Insider trading was noted, with CEO Daniel Dines selling 122,733 shares while insiders overall sold a total of 1,425,202 shares in the last ninety days.

Patriot Financial Group Insurance Agency LLC bought a new stake in shares of UiPath, Inc. (NYSE:PATH - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 21,495 shares of the company's stock, valued at approximately $275,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Federated Hermes Inc. grew its holdings in UiPath by 479.3% during the 1st quarter. Federated Hermes Inc. now owns 5,720,096 shares of the company's stock worth $58,917,000 after acquiring an additional 4,732,712 shares in the last quarter. Acadian Asset Management LLC lifted its position in shares of UiPath by 222.6% during the first quarter. Acadian Asset Management LLC now owns 4,241,047 shares of the company's stock worth $43,667,000 after purchasing an additional 2,926,263 shares during the last quarter. Candriam S.C.A. acquired a new position in UiPath in the first quarter worth about $18,440,000. Vanguard Group Inc. raised its stake in UiPath by 3.0% during the first quarter. Vanguard Group Inc. now owns 48,061,096 shares of the company's stock valued at $495,029,000 after buying an additional 1,396,972 shares in the last quarter. Finally, Armistice Capital LLC lifted its holdings in UiPath by 220.3% during the 1st quarter. Armistice Capital LLC now owns 1,799,689 shares of the company's stock worth $18,537,000 after buying an additional 1,237,782 shares during the last quarter. 62.50% of the stock is owned by institutional investors and hedge funds.

UiPath Stock Up 1.1%

Shares of NYSE:PATH opened at $12.90 on Monday. The company's 50-day moving average price is $11.57 and its 200 day moving average price is $11.86. The company has a market cap of $6.85 billion, a PE ratio of 429.83, a P/E/G ratio of 4.77 and a beta of 1.07. UiPath, Inc. has a fifty-two week low of $9.38 and a fifty-two week high of $15.93.

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, beating the consensus estimate 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 net margin of 1.35% and a return on equity of 1.28%. UiPath's revenue was up 14.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.04 earnings per share. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. As a group, equities analysts anticipate that UiPath, Inc. will post -0.17 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the company. Needham & Company LLC reiterated a "hold" rating on shares of UiPath in a report on Friday, September 5th. Wall Street Zen raised shares of UiPath from a "buy" rating to a "strong-buy" rating in a report on Saturday, September 6th. BMO Capital Markets raised their price target on shares of UiPath from $12.50 to $13.00 and gave the stock a "market perform" rating in a research report on Thursday. Cowen reaffirmed a "hold" rating on shares of UiPath in a research report on Friday, September 5th. Finally, DA Davidson initiated coverage on shares of UiPath in a research note on Friday, September 5th. They set a "neutral" rating and a $12.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twelve have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, UiPath presently has an average rating of "Hold" and an average price target of $13.21.

Insider Buying and Selling at UiPath

In other UiPath news, insider Brad Brubaker sold 16,083 shares of the business's stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $15.00, for a total transaction of $241,245.00. Following the completion of the transaction, the insider owned 791,412 shares in the company, valued at approximately $11,871,180. The trade was a 1.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Daniel Dines sold 122,733 shares of the firm's stock in a transaction on Wednesday, October 1st. The shares were sold at an average price of $13.33, for a total value of $1,636,030.89. Following the transaction, the chief executive officer directly owned 1,350,070 shares in the company, valued at $17,996,433.10. This trade represents a 8.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 1,425,202 shares of company stock worth $17,636,766 in the last ninety days. 23.19% of the stock is owned by company 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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