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

Key Points

• UiPath CAO Hitesh Ramani sold 10,000 shares of stock at an average price of $16.68, totaling $166,800, resulting in a 4.12% decrease in his position.
• The company reported earnings per share of $0.15 for the last quarter, exceeding analyst expectations of $0.08, with revenue increasing by 14.6% year-over-year.
• UiPath has a market capitalization of $8.85 billion, with a current stock price of approximately $16.67 and a price-to-earnings ratio of 555.70.

UiPath, Inc. (NYSE:PATH - Get Free Report) CAO Hitesh Ramani sold 10,000 shares of UiPath stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $16.68, for a total transaction of $166,800.00. Following the completion of the transaction, the chief accounting officer directly owned 232,776 shares in the company, valued at approximately $3,882,703.68. The trade was a 4.12% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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

• 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 value of $170,100.00.

UiPath Trading Up 1.2%

Shares of NYSE:PATH traded up $0.19 on Wednesday, hitting $16.67. The company had a trading volume of 32,905,286 shares, compared to its average volume of 14,073,955. The stock has a 50 day moving average price of $12.21 and a 200 day moving average price of $12.11. The stock has a market cap of $8.85 billion, a price-to-earnings ratio of 555.70, a P/E/G ratio of 6.34 and a beta of 1.07. UiPath, Inc. has a 1-year low of $9.38 and a 1-year 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 earnings per share 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 for the quarter, compared to analysts' expectations of $347.36 million. During the same period in the prior year, the firm earned $0.04 EPS. The business'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. Sell-side analysts anticipate that UiPath, Inc. will post -0.17 earnings per share for the current fiscal year.

Institutional Trading of UiPath

Large investors have recently bought and sold shares of the business. GAMMA Investing LLC raised its position in shares of UiPath by 48.0% during the second quarter. GAMMA Investing LLC now owns 2,989 shares of the company's stock worth $38,000 after acquiring an additional 969 shares during the last quarter. Rockefeller Capital Management L.P. raised its position in shares of UiPath by 0.8% during the second quarter. Rockefeller Capital Management L.P. now owns 123,329 shares of the company's stock worth $1,579,000 after acquiring an additional 1,033 shares during the last quarter. Xponance Inc. raised its position in shares of UiPath by 2.0% during the first quarter. Xponance Inc. now owns 54,246 shares of the company's stock worth $559,000 after acquiring an additional 1,054 shares during the last quarter. State Board of Administration of Florida Retirement System raised its position in shares of UiPath by 0.4% during the second quarter. State Board of Administration of Florida Retirement System now owns 313,946 shares of the company's stock worth $4,019,000 after acquiring an additional 1,190 shares during the last quarter. Finally, Covestor Ltd raised its position in shares of UiPath by 13.1% during the first quarter. Covestor Ltd now owns 11,070 shares of the company's stock worth $114,000 after acquiring an additional 1,283 shares during the last quarter. 62.50% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have commented on PATH shares. DA Davidson started coverage on UiPath in a report on Friday, September 5th. They issued a "neutral" rating and a $12.00 price objective on the stock. BMO Capital Markets upped 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. Cowen reissued a "hold" rating on shares of UiPath in a report on Friday, September 5th. Canaccord Genuity Group reduced their target price on UiPath from $16.00 to $15.00 and set a "buy" rating on the stock in a report on Monday, September 8th. Finally, Truist Financial reduced their target price on UiPath from $13.00 to $12.00 and set a "hold" rating on the stock in a report on Friday, September 5th. 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 assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average 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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