UiPath, Inc. $PATH Shares Purchased by RFG Advisory LLC

Key Points

• RFG Advisory LLC increased its holdings in UiPath by 11.3% during Q2, owning 163,870 shares valued at approximately $2.1 million.
• CEO Daniel Dines and CFO Ashim Gupta sold significant portions of their shares recently, with Dines reducing his stake by 16.67% and Gupta by 25.71%.
• Analysts have mixed ratings on UiPath, with an average target price of $13.21 and a consensus rating of "Hold."

RFG Advisory LLC boosted its holdings in UiPath, Inc. (NYSE:PATH - Free Report) by 11.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 163,870 shares of the company's stock after buying an additional 16,632 shares during the period. RFG Advisory LLC's holdings in UiPath were worth $2,098,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. GAMMA Investing LLC raised its holdings in shares of UiPath by 48.0% during the 2nd quarter. GAMMA Investing LLC now owns 2,989 shares of the company's stock valued at $38,000 after buying an additional 969 shares during the period. Xponance Inc. raised its holdings in shares of UiPath by 2.0% during the 1st quarter. Xponance Inc. now owns 54,246 shares of the company's stock valued at $559,000 after buying an additional 1,054 shares during the period. Covestor Ltd raised its holdings in shares of UiPath by 13.1% during the 1st quarter. Covestor Ltd now owns 11,070 shares of the company's stock valued at $114,000 after buying an additional 1,283 shares during the period. CX Institutional raised its holdings in shares of UiPath by 43.3% during the 2nd quarter. CX Institutional now owns 5,014 shares of the company's stock valued at $64,000 after buying an additional 1,515 shares during the period. Finally, Cetera Investment Advisers raised its holdings in shares of UiPath by 2.3% during the 1st quarter. Cetera Investment Advisers now owns 74,696 shares of the company's stock valued at $769,000 after buying an additional 1,652 shares during the period. 62.50% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, CEO Daniel Dines sold 122,734 shares of the business's stock in a transaction that occurred on Wednesday, October 8th. The stock was sold at an average price of $14.89, for a total transaction of $1,827,509.26. Following the completion of the transaction, the chief executive officer owned 613,670 shares in the company, valued at $9,137,546.30. The trade was a 16.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Ashim Gupta sold 240,874 shares of the business's stock in a transaction that occurred on Thursday, October 9th. The shares were sold at an average price of $17.28, for a total value of $4,162,302.72. Following the transaction, the chief financial officer owned 696,117 shares of the company's stock, valued at $12,028,901.76. This represents a 25.71% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,168,990 shares of company stock valued at $30,753,231 in the last 90 days. Insiders own 23.19% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Weiss Ratings reiterated a "sell (d)" rating on shares of UiPath in a report on Wednesday, October 8th. Canaccord Genuity Group dropped their target price on UiPath from $16.00 to $15.00 and set a "buy" rating on the stock in a report on Monday, September 8th. Truist Financial dropped their target price on UiPath from $13.00 to $12.00 and set a "hold" rating on the stock in a report on Friday, September 5th. DA Davidson started coverage on UiPath in a report on Friday, September 5th. They set a "neutral" rating and a $12.00 price objective on the stock. Finally, Needham & Company LLC restated a "hold" rating on shares of UiPath in a report on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $13.21.

UiPath Trading Up 1.2%

Shares of PATH opened at $16.67 on Thursday. The firm has a market cap of $8.85 billion, a price-to-earnings ratio of 555.70, a PEG ratio of 6.10 and a beta of 1.07. The stock has a 50 day moving average of $12.32 and a 200-day moving average of $12.14. UiPath, Inc. has a 52 week low of $9.38 and a 52 week high of $18.74.

UiPath (NYSE:PATH - Get Free Report) last issued its earnings results on Thursday, September 4th. The company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.08 by $0.07. The company had revenue of $361.73 million during the quarter, compared to analyst estimates of $347.36 million. UiPath had a return on equity of 1.28% and a net margin of 1.35%.The business's revenue was up 14.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.04 EPS. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. On average, sell-side analysts predict that UiPath, Inc. will post -0.17 earnings per share for the current fiscal year.

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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