Insider Selling: UiPath (NYSE:PATH) CEO Sells 122,733 Shares of Stock

Key Points

• Daniel Dines, the CEO of UiPath, sold 122,733 shares at an average price of $12.33, totaling approximately $1.51 million, which represents a 7.14% reduction in his holdings.
• Despite insider selling, UiPath's stock rose to $12.57 during trading on the day of the sale, with a market capitalization of $6.67 billion.
• UiPath recently reported a quarterly earnings per share of $0.15, beating analyst expectations and showing a 14.6% increase in revenue year-over-year.

UiPath, Inc. (NYSE:PATH - Get Free Report) CEO Daniel Dines sold 122,733 shares of the stock in a transaction dated Monday, September 29th. The stock was sold at an average price of $12.33, for a total transaction of $1,513,297.89. Following the transaction, the chief executive officer directly owned 1,595,536 shares in the company, valued at $19,672,958.88. The trade was a 7.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Daniel Dines also recently made the following trade(s):

• On Friday, September 26th, Daniel Dines sold 122,733 shares of UiPath stock. The stock was sold at an average price of $12.08, for a total transaction of $1,482,614.64.
• On Wednesday, September 24th, Daniel Dines sold 122,733 shares of UiPath stock. The stock was sold at an average price of $12.44, for a total transaction of $1,526,798.52.
• On Monday, September 22nd, Daniel Dines sold 122,733 shares of UiPath stock. The stock was sold at an average price of $12.20, for a total transaction of $1,497,342.60.
• On Friday, September 19th, Daniel Dines sold 122,733 shares of UiPath stock. The stock was sold at an average price of $11.92, for a total transaction of $1,462,977.36.
• On Wednesday, September 17th, Daniel Dines sold 122,733 shares of UiPath stock. The stock was sold at an average price of $11.71, for a total transaction of $1,437,203.43.
• On Wednesday, September 10th, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $12.01, for a total transaction of $540,450.00.
• On Thursday, July 31st, Daniel Dines sold 9,988 shares of UiPath stock. The stock was sold at an average price of $12.00, for a total transaction of $119,856.00.
• On Wednesday, July 30th, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $12.06, for a total transaction of $542,700.00.
• On Monday, July 28th, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $12.16, for a total transaction of $547,200.00.
• On Friday, July 25th, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $12.25, for a total transaction of $551,250.00.

UiPath Stock Performance

Shares of PATH traded up $0.36 during mid-day trading on Monday, reaching $12.57. 13,636,903 shares of the company's stock traded hands, compared to its average volume of 11,910,635. The business's 50-day moving average price is $11.52 and its 200-day moving average price is $11.79. The stock has a market capitalization of $6.67 billion, a P/E ratio of 419.00, a price-to-earnings-growth ratio of 4.67 and a beta of 1.02. UiPath, Inc. has a 12 month low of $9.38 and a 12 month high of $15.93.

UiPath (NYSE:PATH - Get Free Report) last released its quarterly earnings results on Thursday, September 4th. The company reported $0.15 earnings per share for the quarter, beating analysts' consensus estimates of $0.08 by $0.07. The company had revenue of $361.73 million for 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 business's revenue for the quarter was up 14.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.04 earnings per share. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Equities research analysts anticipate that UiPath, Inc. will post -0.17 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. BMO Capital Markets cut their price target on UiPath from $15.50 to $12.50 and set a "market perform" rating on the stock in a report on Friday, September 5th. Zacks Research raised UiPath from a "hold" rating to a "strong-buy" rating in a report on Monday, September 8th. Canaccord Genuity Group decreased their price target on shares of UiPath from $16.00 to $15.00 and set a "buy" rating on the stock in a research report on Monday, September 8th. Morgan Stanley lifted their price target on shares of UiPath from $12.00 to $15.00 and gave the stock an "equal weight" rating in a research report on Monday, June 2nd. Finally, Truist Financial decreased their price objective on shares of 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 assigned a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $13.18.

Institutional Investors Weigh In On UiPath

A number of institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its stake in shares of UiPath by 3.0% during the 1st quarter. Vanguard Group Inc. now owns 48,061,096 shares of the company's stock valued at $495,029,000 after buying an additional 1,396,972 shares during the period. TFG Asset Management GP Ltd lifted its position in UiPath by 53.3% during the 2nd quarter. TFG Asset Management GP Ltd now owns 13,722,244 shares of the company's stock worth $175,645,000 after acquiring an additional 4,772,244 shares during the last quarter. AQR Capital Management LLC lifted its position in UiPath by 76.0% during the 2nd quarter. AQR Capital Management LLC now owns 11,407,569 shares of the company's stock worth $145,732,000 after acquiring an additional 4,926,341 shares during the last quarter. Federated Hermes Inc. lifted its position in UiPath by 40.7% during the 2nd quarter. Federated Hermes Inc. now owns 8,048,321 shares of the company's stock worth $103,019,000 after acquiring an additional 2,328,225 shares during the last quarter. Finally, State Street Corp lifted its position in UiPath by 5.0% during the 2nd quarter. State Street Corp now owns 8,032,345 shares of the company's stock worth $102,814,000 after acquiring an additional 378,851 shares during the last quarter. Institutional investors and hedge funds own 62.50% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.