UiPath, Inc. (NYSE:PATH) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Eighteen analysts give UiPath a consensus rating of Hold (1 sell, 14 hold, 3 buy) with an average 12‑month target of $14.07, and several brokerages have recently trimmed price targets.
• Company insiders, including CEO Daniel Dines and CFO Ashim Gupta, sold sizable stakes (45,000 and 67,468 shares) in January; insiders have sold 382,468 shares over the past 90 days while still owning 23.19% of the company.
• UiPath beat the quarter (EPS $0.30 vs $0.25; revenue $481.1M, +13.4% YoY) but analysts still project a full‑year EPS of -0.17, indicating mixed near‑term outlook.

UiPath, Inc. (NYSE:PATH - Get Free Report) has been given an average recommendation of "Hold" by the eighteen research firms that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, fourteen have given a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is $14.0667.

Several brokerages have recently issued reports on PATH. William Blair reiterated a "hold" rating on shares of UiPath in a report on Thursday, March 12th. TD Cowen reduced their price objective on UiPath from $16.00 to $13.00 and set a "hold" rating on the stock in a research report on Thursday, March 12th. Bank of America lowered their target price on UiPath from $14.00 to $12.00 and set an "underperform" rating for the company in a report on Thursday, March 12th. BMO Capital Markets dropped their target price on UiPath from $17.00 to $14.00 and set a "market perform" rating for the company in a research report on Friday, March 13th. Finally, Zacks Research lowered UiPath from a "strong-buy" rating to a "hold" rating in a research note on Friday, February 6th.

Insider Activity at UiPath

In other news, CEO Daniel Dines sold 45,000 shares of the firm's stock in a transaction on Monday, January 5th. The shares were sold at an average price of $15.73, for a total transaction of $707,850.00. Following the completion of the transaction, the chief executive officer owned 28,343,585 shares of the company's stock, valued at approximately $445,844,592.05. This trade represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Ashim Gupta sold 67,468 shares of UiPath stock in a transaction on Monday, January 5th. The stock was sold at an average price of $16.10, for a total transaction of $1,086,234.80. Following the transaction, the chief financial officer owned 557,028 shares in the company, valued at approximately $8,968,150.80. This trade represents a 10.80% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 382,468 shares of company stock valued at $6,150,535. Corporate insiders own 23.19% of the company's stock.

Institutional Investors Weigh In On UiPath

Institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in UiPath by 4.9% in the third quarter. Vanguard Group Inc. now owns 47,895,884 shares of the company's stock valued at $640,847,000 after acquiring an additional 2,251,434 shares during the last quarter. D.A. Davidson & CO. raised its holdings in UiPath by 23.8% during the 3rd quarter. D.A. Davidson & CO. now owns 752,448 shares of the company's stock worth $10,068,000 after purchasing an additional 144,832 shares during the last quarter. Jackson Creek Investment Advisors LLC acquired a new position in shares of UiPath in the 3rd quarter worth approximately $1,579,000. Hillsdale Investment Management Inc. lifted its position in shares of UiPath by 413.7% in the 3rd quarter. Hillsdale Investment Management Inc. now owns 307,700 shares of the company's stock worth $4,117,000 after purchasing an additional 247,800 shares during the period. Finally, DNB Asset Management AS bought a new stake in shares of UiPath in the 3rd quarter valued at $2,066,000. Institutional investors own 62.50% of the company's stock.

UiPath Trading Down 0.1%

PATH opened at $11.23 on Friday. The company has a market cap of $6.00 billion, a P/E ratio of 21.59, a PEG ratio of 1.84 and a beta of 1.03. The company's 50 day moving average is $11.71 and its 200-day moving average is $13.99. UiPath has a 1-year low of $9.38 and a 1-year high of $19.84.

UiPath (NYSE:PATH - Get Free Report) last released its quarterly earnings data on Wednesday, March 11th. The company reported $0.30 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.25 by $0.05. UiPath had a net margin of 17.53% and a return on equity of 5.69%. The business had revenue of $481.11 million during the quarter, compared to analysts' expectations of $464.81 million. During the same period in the prior year, the company earned $0.26 EPS. The firm's quarterly revenue was up 13.4% compared to the same quarter last year. On average, equities analysts forecast that UiPath will post -0.17 EPS for the current year.

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. Its platform's embedded AI, ML, and NLP capabilities improve decisioning and information processing; emulate human behavior allows organizations to address a myriad of use cases; emulate human behavior allows organizations to address a myriad of use cases; multi-tenant platform enterprise deployment with security and governance and Automation Cloud, which enables customers to begin automating without the need to provision infrastructure, install applications, or perform additional configurations; intuitive interface and low-code, drag-and-drop functionality; signed to enable people and automations to work together; and tracks, measures, and forecasts the performance of automations, enables customers to gain powerful insights and generate key performance indicators with actionable metric.

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