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

Key Points

• Hitesh Ramani, UiPath's Chief Accounting Officer, sold 10,000 shares on October 17th at an average price of $15.73, totaling $157,300, reducing his ownership by 4.49% to approximately 212,776 shares.
• The stock is currently trading at $15.44, following a decrease of $0.49, with a market capitalization of $8.20 billion and a PE ratio of 514.77.
• UiPath's latest quarterly earnings report showed an EPS of $0.15, exceeding analyst expectations, with revenues of $361.73 million, marking a 14.6% increase year-over-year.

UiPath, Inc. (NYSE:PATH - Get Free Report) CAO Hitesh Ramani sold 10,000 shares of the business's stock in a transaction on Friday, October 17th. The shares were sold at an average price of $15.73, for a total transaction of $157,300.00. Following the completion of the transaction, the chief accounting officer owned 212,776 shares of the company's stock, valued at approximately $3,346,966.48. This represents a 4.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Hitesh Ramani also recently made the following trade(s):

• On Wednesday, October 15th, Hitesh Ramani sold 10,000 shares of UiPath stock. The shares were sold at an average price of $16.68, for a total transaction of $166,800.00.
• On Monday, October 13th, Hitesh Ramani sold 10,000 shares of UiPath stock. The shares were sold at an average price of $17.01, for a total transaction of $170,100.00.

UiPath Price Performance

NYSE PATH traded down $0.49 on Friday, hitting $15.44. The company had a trading volume of 22,881,423 shares, compared to its average volume of 14,226,154. The company has a market capitalization of $8.20 billion, a PE ratio of 514.77, a PEG ratio of 6.18 and a beta of 1.07. The company's fifty day moving average price is $12.42 and its 200-day moving average price is $12.18. UiPath, Inc. has a 12-month low of $9.38 and a 12-month high of $18.74.

UiPath (NYSE:PATH - Get Free Report) last issued its quarterly 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 net margin of 1.35% and a return on equity of 1.28%. The firm's revenue was up 14.6% compared to the same quarter last year. During the same quarter in the previous 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 anticipate that UiPath, Inc. will post -0.17 EPS for the current year.

Institutional Investors Weigh In On UiPath

A number of large investors have recently modified their holdings of PATH. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of UiPath in the second quarter valued at about $28,000. AdvisorNet Financial Inc grew its holdings 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 during the period. GAMMA Investing LLC grew its holdings 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 during the period. IFP Advisors Inc grew its holdings 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 during the period. Finally, Brooklyn Investment Group grew its holdings in shares of UiPath by 314.3% in 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 during the period. Hedge funds and other institutional investors own 62.50% of the company's stock.

Wall Street Analyst Weigh In

PATH has been the subject of several recent analyst reports. Needham & Company LLC reissued a "hold" rating on shares of UiPath in a report on Friday, September 5th. Cowen reissued a "hold" rating on shares of UiPath in a report on Friday, September 5th. Wall Street Zen raised shares of UiPath from a "buy" rating to a "strong-buy" rating in a report on Saturday, September 6th. Zacks Research raised shares of UiPath from a "hold" rating to a "strong-buy" rating in a report on Monday, September 8th. Finally, DA Davidson started coverage on shares of UiPath in a report on Friday, September 5th. They set a "neutral" rating and a $12.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twelve have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average 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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