Stanley Laman Group Ltd. Reduces Stake in UiPath, Inc. $PATH

Key Points

• Stanley Laman Group Ltd. significantly reduced its stake in UiPath, Inc. by 82.0% during the second quarter, selling 604,050 shares and holding a total of 132,910 shares worth $1.7 million.
• UiPath reported a 14.6% year-over-year increase in revenue, totaling $361.73 million, along with earnings per share of $0.15, surpassing consensus estimates.
• Insider trading at UiPath saw significant activity, with both the CFO and CEO selling shares, contributing to a total of over 2 million shares sold by insiders in the last 90 days.

Stanley Laman Group Ltd. lowered its holdings in UiPath, Inc. (NYSE:PATH - Free Report) by 82.0% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 132,910 shares of the company's stock after selling 604,050 shares during the quarter. Stanley Laman Group Ltd.'s holdings in UiPath were worth $1,701,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in PATH. AdvisorNet Financial Inc boosted its position in shares of UiPath by 320.4% during the second quarter. AdvisorNet Financial Inc now owns 2,476 shares of the company's stock valued at $32,000 after purchasing an additional 1,887 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of UiPath by 48.0% during the second quarter. GAMMA Investing LLC now owns 2,989 shares of the company's stock valued at $38,000 after purchasing an additional 969 shares in the last quarter. IFP Advisors Inc boosted its position in shares of UiPath by 508.0% during the second quarter. IFP Advisors Inc now owns 3,283 shares of the company's stock valued at $42,000 after purchasing an additional 2,743 shares in the last quarter. Brooklyn Investment Group boosted its position in shares of UiPath by 314.3% during the first quarter. Brooklyn Investment Group now owns 4,508 shares of the company's stock valued at $46,000 after purchasing an additional 3,420 shares in the last quarter. Finally, Bayforest Capital Ltd boosted its position in shares of UiPath by 852.4% during the second quarter. Bayforest Capital Ltd now owns 4,143 shares of the company's stock valued at $53,000 after purchasing an additional 3,708 shares in the last quarter. 62.50% of the stock is currently owned by institutional investors.

UiPath Price Performance

PATH stock opened at $15.44 on Friday. UiPath, Inc. has a 1-year low of $9.38 and a 1-year high of $18.74. The business has a fifty day moving average price of $12.52 and a 200-day moving average price of $12.22. The stock has a market capitalization of $8.20 billion, a P/E ratio of 514.77, a P/E/G ratio of 5.89 and a beta of 1.07.

UiPath (NYSE:PATH - Get Free Report) last posted its quarterly earnings results on Thursday, September 4th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.07. UiPath had a return on equity of 1.28% and a net margin of 1.35%.The firm had revenue of $361.73 million during the quarter, compared to analysts' expectations of $347.36 million. During the same quarter in the previous year, the business earned $0.04 earnings per share. The company's 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. As a group, analysts anticipate that UiPath, Inc. will post -0.17 earnings per share for the current year.

Insider Buying and Selling at UiPath

In other news, CFO Ashim Gupta sold 240,874 shares of the business's stock in a transaction on Thursday, October 9th. The stock was sold at an average price of $17.28, for a total value of $4,162,302.72. Following the completion of the transaction, the chief financial officer owned 696,117 shares in the company, valued at $12,028,901.76. The trade was a 25.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Daniel Dines sold 122,734 shares of the business's stock in a transaction on Wednesday, October 8th. The stock was sold at an average price of $14.89, for a total value of $1,827,509.26. Following the completion of the transaction, the chief executive officer owned 613,670 shares of the company's stock, valued at $9,137,546.30. This represents a 16.67% decrease in their position. The disclosure for this sale can be found here. Insiders sold 2,178,990 shares of company stock valued at $31,056,331 in the last 90 days. Company insiders own 23.19% of the company's stock.

Analyst Ratings Changes

PATH has been the topic of several research reports. DA Davidson initiated coverage on UiPath in a research report on Friday, September 5th. They set a "neutral" rating and a $12.00 price target on the stock. Needham & Company LLC restated a "hold" rating on shares of UiPath in a research report on Friday, September 5th. BMO Capital Markets lifted their price objective on UiPath from $12.50 to $13.00 and gave the company a "market perform" rating in a research note on Thursday, October 2nd. Truist Financial lowered their price objective on UiPath from $13.00 to $12.00 and set a "hold" rating for the company in a research note on Friday, September 5th. Finally, Cowen reiterated a "hold" rating on shares of UiPath in a research note on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $13.21.

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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