Russell Investments Group Ltd. Buys 228,812 Shares of UiPath, Inc. $PATH

Russell Investments Group Ltd. boosted its position in UiPath, Inc. (NYSE:PATH - Free Report) by 20.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,347,586 shares of the company's stock after purchasing an additional 228,812 shares during the quarter. Russell Investments Group Ltd. owned about 0.24% of UiPath worth $14,079,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Versant Capital Management Inc lifted its stake in UiPath by 198.6% in the 1st 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 purchased a new stake in UiPath in the 1st quarter worth approximately $36,000. True Wealth Design LLC lifted its stake in UiPath by 18.4% in the 4th quarter. True Wealth Design LLC now owns 5,163 shares of the company's stock worth $66,000 after purchasing an additional 801 shares in the last quarter. National Bank of Canada FI purchased a new stake in UiPath in the 1st quarter worth approximately $72,000. Finally, MRP Capital Investments LLC purchased a new stake in UiPath in the 1st quarter worth approximately $82,000. 62.50% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on PATH shares. BMO Capital Markets raised their price objective on shares of UiPath from $11.50 to $15.50 and gave the company a "market perform" rating in a research report on Friday, May 30th. Wall Street Zen cut shares of UiPath from a "strong-buy" rating to a "buy" rating in a research report on Sunday, August 3rd. Truist Financial raised their price objective on shares of UiPath from $12.00 to $13.00 and gave the company a "hold" rating in a research report on Friday, May 30th. Barclays restated an "equal weight" rating on shares of UiPath in a research report on Friday, May 30th. Finally, Evercore ISI raised their price objective on shares of UiPath from $11.00 to $15.00 and gave the company an "in-line" rating in a research report on Friday, May 30th. Two investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $13.83.

UiPath Price Performance

UiPath stock traded down $0.1860 during trading hours on Tuesday, reaching $10.9840. The stock had a trading volume of 7,298,641 shares, compared to its average volume of 13,436,696. The stock has a market cap of $5.88 billion, a PE ratio of -91.53, a PEG ratio of 14.63 and a beta of 1.03. UiPath, Inc. has a 52 week low of $9.38 and a 52 week high of $15.93. The company has a fifty day simple moving average of $12.13 and a 200-day simple moving average of $12.13.

UiPath (NYSE:PATH - Get Free Report) last announced its quarterly earnings results on Thursday, May 29th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.01. The business had revenue of $356.62 million for the quarter, compared to analyst estimates of $332.17 million. UiPath had a negative net margin of 4.65% and a negative return on equity of 3.05%. The company's revenue was up 6.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.13 EPS. UiPath has set its Q2 2026 guidance at EPS. FY 2026 guidance at EPS. Research analysts predict that UiPath, Inc. will post -0.17 earnings per share for the current fiscal year.

Insider Buying and Selling at UiPath

In other news, CEO Daniel Dines sold 9,988 shares of UiPath stock in a transaction dated Thursday, July 31st. The shares were sold at an average price of $12.00, for a total transaction of $119,856.00. Following the sale, the chief executive officer owned 4,598,388 shares of the company's stock, valued at approximately $55,180,656. The trade was a 0.22% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last 90 days, insiders have sold 831,310 shares of company stock worth $10,428,922. Insiders own 23.19% of the company's stock.

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.