Insider Selling: UiPath (NYSE:PATH) CEO Sells 45,000 Shares of Stock

Key Points

• UiPath CEO Daniel Dines sold 45,000 shares on October 22nd for approximately $698,850, reducing his ownership by 0.15% to about 29.73 million shares, valued at over $461 million.
• UiPath's stock recently saw a decline, trading down $1.27 to $15.02, reflecting high trading volume and strong market interest.
• The company reported a quarterly revenue of $361.73 million, exceeding analyst expectations, and achieved a 14.6% year-over-year increase in revenue.

UiPath, Inc. (NYSE:PATH - Get Free Report) CEO Daniel Dines sold 45,000 shares of the business's stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $15.53, for a total transaction of $698,850.00. Following the transaction, the chief executive officer directly owned 29,738,585 shares in the company, valued at $461,840,225.05. This trade represents a 0.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

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

• On Monday, October 20th, Daniel Dines sold 45,000 shares of UiPath stock. The shares were sold at an average price of $15.71, for a total transaction of $706,950.00.
• On Friday, October 17th, Daniel Dines sold 45,000 shares of UiPath stock. The shares were sold at an average price of $15.62, for a total transaction of $702,900.00.
• On Wednesday, October 15th, Daniel Dines sold 122,734 shares of UiPath stock. The shares were sold at an average price of $16.92, for a total transaction of $2,076,659.28.
• On Monday, October 13th, Daniel Dines sold 122,734 shares of UiPath stock. The stock was sold at an average price of $17.06, for a total transaction of $2,093,842.04.
• On Friday, October 10th, Daniel Dines sold 122,734 shares of UiPath stock. The stock was sold at an average price of $18.37, for a total transaction of $2,254,623.58.
• On Wednesday, October 8th, Daniel Dines sold 122,734 shares of UiPath stock. The stock was sold at an average price of $14.89, for a total transaction of $1,827,509.26.
• On Monday, October 6th, Daniel Dines sold 122,733 shares of UiPath stock. The stock was sold at an average price of $14.24, for a total transaction of $1,747,717.92.
• On Wednesday, October 1st, Daniel Dines sold 122,733 shares of UiPath stock. The stock was sold at an average price of $13.33, for a total transaction of $1,636,030.89.
• On Monday, September 29th, Daniel Dines sold 122,733 shares of UiPath stock. The shares were sold at an average price of $12.33, for a total transaction of $1,513,297.89.
• On Friday, September 26th, Daniel Dines sold 122,733 shares of UiPath stock. The shares were sold at an average price of $12.08, for a total transaction of $1,482,614.64.

UiPath Stock Performance

UiPath stock traded down $1.27 during trading hours on Wednesday, reaching $15.02. 27,800,191 shares of the company's stock traded hands, compared to its average volume of 14,363,829. The firm has a market capitalization of $7.97 billion, a price-to-earnings ratio of 500.50, a PEG ratio of 5.89 and a beta of 1.07. The firm's 50 day moving average is $12.75 and its 200-day moving average is $12.31. UiPath, Inc. has a fifty-two week low of $9.38 and a fifty-two week high of $18.74.

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

Analyst Ratings Changes

PATH has been the subject of several recent analyst reports. Cowen reissued a "hold" rating on shares of UiPath in a report on Friday, September 5th. DA Davidson initiated coverage on UiPath in a report on Friday, September 5th. They issued a "neutral" rating and a $12.00 price objective for the company. BMO Capital Markets increased their price objective on UiPath from $12.50 to $13.00 and gave the company a "market perform" rating in a report on Thursday, October 2nd. Truist Financial cut their price target on UiPath from $13.00 to $12.00 and set a "hold" rating for the company in a report on Friday, September 5th. Finally, Zacks Research raised UiPath from a "hold" rating to a "strong-buy" rating in a report on Monday, September 8th. One 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 issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $13.21.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. Hudson Bay Capital Management LP bought a new position in UiPath in the second quarter valued at about $102,559,000. Norges Bank bought a new position in UiPath in the second quarter valued at about $68,451,000. AQR Capital Management LLC grew its position in UiPath by 76.0% in the second quarter. AQR Capital Management LLC now owns 11,407,569 shares of the company's stock valued at $145,732,000 after acquiring an additional 4,926,341 shares during the last quarter. TFG Asset Management GP Ltd grew its holdings 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 worth $175,645,000 after purchasing an additional 4,772,244 shares during the last quarter. Finally, Federated Hermes Inc. grew its holdings in shares of 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 purchasing an additional 4,732,712 shares during the last quarter. Institutional investors 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.

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