Hitesh Ramani Sells 10,000 Shares of UiPath (NYSE:PATH) Stock

Key Points

• Hitesh Ramani, the Chief Accounting Officer of UiPath, sold 10,000 shares of stock at an average price of $17.01, totaling $170,100, resulting in a 3.81% decrease in his holdings.
• UiPath's stock experienced a decline of 3.9%, trading at $16.46, amidst a higher trading volume of over 34 million shares.
• Despite a recent earnings beat with $0.15 EPS and a 14.6% year-over-year revenue increase, analysts maintain a consensus rating of "Hold" with an average price target of $13.21.

UiPath, Inc. (NYSE:PATH - Get Free Report) CAO Hitesh Ramani sold 10,000 shares of the business's stock in a transaction dated Monday, October 13th. The shares were sold at an average price of $17.01, for a total value of $170,100.00. Following the completion of the transaction, the chief accounting officer directly owned 252,776 shares of the company's stock, valued at approximately $4,299,719.76. This trade represents a 3.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

UiPath Stock Down 3.9%

Shares of PATH stock traded down $0.68 on Tuesday, hitting $16.46. The company had a trading volume of 34,258,608 shares, compared to its average volume of 13,977,622. The firm has a market cap of $8.74 billion, a P/E ratio of 548.80, a price-to-earnings-growth ratio of 6.31 and a beta of 1.07. The company has a 50-day moving average price of $12.11 and a 200-day moving average price of $12.08. UiPath, Inc. has a twelve month low of $9.38 and a twelve month high of $18.74.

UiPath (NYSE:PATH - Get Free Report) last issued its quarterly earnings data on Thursday, September 4th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.07. The business had revenue of $361.73 million during the quarter, compared to analysts' expectations of $347.36 million. UiPath had a return on equity of 1.28% and a net margin of 1.35%.The company's revenue for the quarter was up 14.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.04 EPS. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Equities research analysts expect that UiPath, Inc. will post -0.17 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. Zacks Research upgraded UiPath from a "hold" rating to a "strong-buy" rating in a research note on Monday, September 8th. Needham & Company LLC restated a "hold" rating on shares of UiPath in a research note on Friday, September 5th. DA Davidson assumed coverage on UiPath in a research note on Friday, September 5th. They issued a "neutral" rating and a $12.00 price target for the company. Cowen restated a "hold" rating on shares of UiPath in a research note on Friday, September 5th. Finally, Truist Financial cut their price target on UiPath from $13.00 to $12.00 and set a "hold" rating for the company in a research note on Friday, September 5th. One equities research 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 assigned a Sell rating to the stock. According to data from MarketBeat.com, UiPath presently has a consensus rating of "Hold" and an average price target of $13.21.

Institutional Investors Weigh In On UiPath

Large investors have recently bought and sold shares of the company. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of UiPath in the second quarter valued at approximately $28,000. AdvisorNet Financial Inc grew its position in shares of UiPath by 320.4% in 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. CX Institutional purchased a new stake in shares of UiPath in the first quarter valued at approximately $36,000. GAMMA Investing LLC grew its position in shares of UiPath by 48.0% in 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. Finally, IFP Advisors Inc grew its position in shares of UiPath by 508.0% in 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. 62.50% of the stock is currently owned by hedge funds and other institutional investors.

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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