XTX Topco Ltd Invests $545,000 in UiPath, Inc. (NYSE:PATH)

XTX Topco Ltd purchased a new stake in UiPath, Inc. (NYSE:PATH - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 52,922 shares of the company's stock, valued at approximately $545,000.

Other large investors have also added to or reduced their stakes in the company. Federated Hermes Inc. lifted its holdings in UiPath by 479.3% during the first 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 during the period. Senvest Management LLC lifted its stake in shares of UiPath by 29.2% in the 4th quarter. Senvest Management LLC now owns 14,074,783 shares of the company's stock valued at $178,890,000 after acquiring an additional 3,180,300 shares during the last quarter. AQR Capital Management LLC lifted its holdings in UiPath by 45.3% in the 4th quarter. AQR Capital Management LLC now owns 6,646,320 shares of the company's stock worth $84,209,000 after buying an additional 2,072,089 shares during the period. Jacobs Levy Equity Management Inc. lifted its holdings in UiPath by 35.6% in the 4th quarter. Jacobs Levy Equity Management Inc. now owns 5,459,071 shares of the company's stock worth $69,385,000 after buying an additional 1,432,569 shares during the period. Finally, Marshall Wace LLP lifted its holdings in UiPath by 111.8% in the 4th quarter. Marshall Wace LLP now owns 2,456,102 shares of the company's stock worth $31,217,000 after buying an additional 1,296,382 shares during the period. Institutional investors and hedge funds own 62.50% of the company's stock.

UiPath Price Performance

UiPath stock traded down $0.28 during midday trading on Friday, hitting $10.65. 9,073,690 shares of the stock were exchanged, compared to its average volume of 14,424,310. UiPath, Inc. has a 1 year low of $9.38 and a 1 year high of $15.93. The firm has a market cap of $5.70 billion, a P/E ratio of -88.74, a P/E/G ratio of 13.97 and a beta of 1.03. The company has a 50 day moving average price of $12.45 and a two-hundred day moving average price of $12.30.

UiPath (NYSE:PATH - Get Free Report) last announced its quarterly earnings data on Thursday, May 29th. The company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.10 by $0.01. The company had revenue of $356.62 million during 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 firm's revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period last year, the business earned $0.13 EPS. As a group, analysts predict that UiPath, Inc. will post -0.17 EPS for the current year.

Insider Activity

In other UiPath news, CEO Daniel Dines sold 45,000 shares of the business's stock in a transaction dated Wednesday, July 16th. The shares were sold at an average price of $12.43, for a total transaction of $559,350.00. Following the sale, the chief executive officer directly owned 5,058,376 shares in the company, valued at approximately $62,875,613.68. The trade was a 0.88% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Ashim Gupta sold 56,322 shares of the business's stock in a transaction dated Wednesday, July 2nd. The stock was sold at an average price of $12.72, for a total transaction of $716,415.84. Following the sale, the chief financial officer owned 859,991 shares in the company, valued at $10,939,085.52. This trade represents a 6.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 831,310 shares of company stock valued at $10,428,922 over the last ninety days. Company insiders own 23.19% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Wall Street Zen cut UiPath from a "strong-buy" rating to a "buy" rating in a research note on Sunday, August 3rd. Needham & Company LLC reiterated a "hold" rating on shares of UiPath in a research report on Friday, May 30th. BMO Capital Markets boosted their price objective on UiPath from $11.50 to $15.50 and gave the stock a "market perform" rating in a research note on Friday, May 30th. Truist Financial upped their target price on UiPath from $12.00 to $13.00 and gave the company a "hold" rating in a research note on Friday, May 30th. Finally, Morgan Stanley upped their target price on UiPath from $12.00 to $15.00 and gave the company an "equal weight" rating in a research report on Monday, June 2nd. Two equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $13.83.

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.