Insider Selling: UiPath (NYSE:PATH) CAO Sells 5,000 Shares of Stock

Key Points

• UiPath CAO Hitesh Ramani sold 5,000 shares of the company's stock on October 22 at an average price of $15.47, bringing his total holdings down to 182,776 shares.
• The company's stock has dropped 7.8% during trading, with a closing price of $15.02 and a 52-week range of $9.38 to $18.74.
• UiPath recently reported a quarterly earnings surpassing estimates with an EPS of $0.15 and revenue of $361.73 million, reflecting a 14.6% year-over-year increase.

UiPath, Inc. (NYSE:PATH - Get Free Report) CAO Hitesh Ramani sold 5,000 shares of the stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $15.47, for a total value of $77,350.00. Following the sale, the chief accounting officer owned 182,776 shares in the company, valued at approximately $2,827,544.72. This represents a 2.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

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

• On Monday, October 20th, Hitesh Ramani sold 10,000 shares of UiPath stock. The shares were sold at an average price of $15.65, for a total value of $156,500.00.
• On Friday, October 17th, Hitesh Ramani sold 10,000 shares of UiPath stock. The shares were sold at an average price of $15.73, for a total transaction of $157,300.00.
• 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 Trading Down 7.8%

PATH stock traded down $1.27 during trading on Wednesday, reaching $15.02. The stock had a trading volume of 27,800,191 shares, compared to its average volume of 14,363,829. The firm has a market cap of $7.97 billion, a PE ratio of 500.50, a PEG ratio of 5.89 and a beta of 1.07. The stock's 50 day moving average is $12.75 and its two-hundred day moving average is $12.31. 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 released its quarterly earnings results on Thursday, September 4th. The company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.08 by $0.07. UiPath had a net margin of 1.35% and a return on equity of 1.28%. The firm had revenue of $361.73 million during the quarter, compared to analyst estimates of $347.36 million. During the same quarter in the prior year, the firm earned $0.04 EPS. The business's revenue for the quarter was up 14.6% compared to the same quarter last year. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. On average, research analysts anticipate that UiPath, Inc. will post -0.17 EPS for the current year.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Hudson Bay Capital Management LP purchased a new position in UiPath in the 2nd quarter worth approximately $102,559,000. Norges Bank purchased a new stake in UiPath during the 2nd quarter valued at approximately $68,451,000. AQR Capital Management LLC raised its position in shares of UiPath by 76.0% during the second quarter. AQR Capital Management LLC now owns 11,407,569 shares of the company's stock valued at $145,732,000 after buying an additional 4,926,341 shares during the last quarter. TFG Asset Management GP Ltd raised its position in shares of UiPath by 53.3% during the second quarter. TFG Asset Management GP Ltd now owns 13,722,244 shares of the company's stock valued at $175,645,000 after buying an additional 4,772,244 shares during the last quarter. Finally, Federated Hermes Inc. lifted its holdings in shares of UiPath by 479.3% in the first quarter. Federated Hermes Inc. now owns 5,720,096 shares of the company's stock worth $58,917,000 after buying an additional 4,732,712 shares in the last quarter. Institutional investors own 62.50% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Wall Street Zen raised shares of UiPath from a "buy" rating to a "strong-buy" rating in a research report on Saturday, September 6th. Cowen reissued a "hold" rating on shares of UiPath in a report on Friday, September 5th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of UiPath in a research note on Wednesday, October 8th. BMO Capital Markets raised their price objective on UiPath from $12.50 to $13.00 and gave the stock a "market perform" rating in a research note on Thursday, October 2nd. Finally, Canaccord Genuity Group decreased 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. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, UiPath presently has a consensus rating of "Hold" and a consensus target price of $13.21.

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.

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