42,442 Shares in UiPath, Inc. $PATH Acquired by Voleon Capital Management LP

Key Points

• Voleon Capital Management LP has invested approximately $437,000 in UiPath, Inc., acquiring 42,442 shares during the first quarter.
• Several institutional investors have increased their stakes in UiPath, with a total of 62.50% of the stock now owned by such investors.
• UiPath reported a quarterly earnings per share (EPS) of $0.15, exceeding estimates, and its revenue of $361.73 million was higher than analysts' expectations.

Voleon Capital Management LP bought a new stake in UiPath, Inc. (NYSE:PATH - Free Report) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 42,442 shares of the company's stock, valued at approximately $437,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PATH. Federated Hermes Inc. boosted its holdings in UiPath by 479.3% in the first quarter. Federated Hermes Inc. now owns 5,720,096 shares of the company's stock valued at $58,917,000 after acquiring an additional 4,732,712 shares during the last quarter. Candriam S.C.A. acquired a new position in shares of UiPath during the first quarter worth about $18,440,000. Vanguard Group Inc. lifted its stake in shares of UiPath by 3.0% during the first quarter. Vanguard Group Inc. now owns 48,061,096 shares of the company's stock worth $495,029,000 after purchasing an additional 1,396,972 shares in the last quarter. Armistice Capital LLC lifted its stake in shares of UiPath by 220.3% during the first quarter. Armistice Capital LLC now owns 1,799,689 shares of the company's stock worth $18,537,000 after purchasing an additional 1,237,782 shares in the last quarter. Finally, Deutsche Bank AG lifted its stake in shares of UiPath by 280.3% during the fourth quarter. Deutsche Bank AG now owns 1,505,585 shares of the company's stock worth $19,136,000 after purchasing an additional 1,109,669 shares in the last quarter. Institutional investors and hedge funds own 62.50% of the company's stock.

Insider Activity at UiPath

In other news, CFO Ashim Gupta sold 56,322 shares of the company's stock in a transaction that occurred on Wednesday, July 2nd. The stock was sold at an average price of $12.72, for a total transaction of $716,415.84. Following the completion of the transaction, the chief financial officer directly owned 859,991 shares of the company's stock, valued at approximately $10,939,085.52. This represents a 6.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Daniel Dines sold 45,000 shares of the company's stock in a transaction that occurred on Wednesday, July 16th. The shares were sold at an average price of $12.43, for a total value of $559,350.00. Following the transaction, the chief executive officer directly owned 5,058,376 shares of the company's stock, valued at $62,875,613.68. This trade represents a 0.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 876,310 shares of company stock valued at $10,969,372 over the last ninety days. Corporate insiders own 23.19% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on PATH. Barclays restated an "equal weight" rating on shares of UiPath in a research note on Friday, May 30th. Royal Bank Of Canada boosted their price objective on UiPath from $13.00 to $15.00 and gave the stock a "sector perform" rating in a research note on Friday, May 30th. Wall Street Zen upgraded UiPath from a "buy" rating to a "strong-buy" rating in a research note on Saturday, September 6th. Canaccord Genuity Group reduced their price objective on UiPath from $16.00 to $15.00 and set a "buy" rating on the stock in a research note on Monday, September 8th. Finally, Evercore ISI boosted their price objective on UiPath from $11.00 to $15.00 and gave the stock an "in-line" rating in a research note on Friday, May 30th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, UiPath presently has a consensus rating of "Hold" and a consensus target price of $13.18.

UiPath Stock Performance

Shares of NYSE:PATH traded down $0.30 during trading on Friday, hitting $11.39. The company's stock had a trading volume of 9,202,942 shares, compared to its average volume of 12,397,418. UiPath, Inc. has a fifty-two week low of $9.38 and a fifty-two week high of $15.93. The stock's 50-day moving average price is $11.63 and its two-hundred day moving average price is $11.76. The company has a market capitalization of $6.09 billion, a PE ratio of 379.67, a PEG ratio of 4.47 and a beta of 1.02.

UiPath (NYSE:PATH - Get Free Report) last announced its quarterly earnings data on Thursday, September 4th. The company reported $0.15 earnings per share for the quarter, beating 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 analyst estimates of $347.36 million. During the same period in the previous year, the company earned $0.04 earnings per share. UiPath's quarterly 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. On average, equities analysts predict 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.