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UiPath (NYSE:PATH) CEO Daniel Dines Sells 122,733 Shares

UiPath logo with Computer and Technology background

Key Points

  • UiPath CEO Daniel Dines sold 122,733 shares of the company on October 1st, with a total transaction value of $1,636,030.89. This sale represents an 8.33% decrease in his ownership.
  • Following the recent trades, Dines now holds approximately 1.35 million shares of UiPath, worth around $17.99 million.
  • Despite the executive selling shares, UiPath's stock has trading volume increased significantly, reaching over 31 million shares, indicating heightened market activity.
  • Five stocks to consider instead of UiPath.

UiPath, Inc. (NYSE:PATH - Get Free Report) CEO Daniel Dines sold 122,733 shares of UiPath stock in a transaction dated Wednesday, October 1st. The stock was sold at an average price of $13.33, for a total value of $1,636,030.89. Following the transaction, the chief executive officer directly owned 1,350,070 shares in the company, valued at approximately $17,996,433.10. The trade was a 8.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Monday, September 29th, Daniel Dines sold 122,733 shares of UiPath stock. The stock was sold at an average price of $12.33, for a total value of $1,513,297.89.
  • 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 value 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 value 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 value of $1,497,342.60.
  • On Friday, September 19th, Daniel Dines sold 122,733 shares of UiPath stock. The shares were sold at an average price of $11.92, for a total value of $1,462,977.36.
  • On Wednesday, September 17th, Daniel Dines sold 122,733 shares of UiPath stock. The shares were sold at an average price of $11.71, for a total value of $1,437,203.43.
  • On Wednesday, September 10th, Daniel Dines sold 45,000 shares of UiPath stock. The shares were sold at an average price of $12.01, for a total value of $540,450.00.
  • On Thursday, July 31st, Daniel Dines sold 9,988 shares of UiPath stock. The shares were sold at an average price of $12.00, for a total value 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 value of $542,700.00.
  • On Monday, July 28th, Daniel Dines sold 45,000 shares of UiPath stock. The shares were sold at an average price of $12.16, for a total value of $547,200.00.

UiPath Price Performance

Shares of NYSE PATH traded down $0.36 during trading hours on Wednesday, reaching $13.03. The stock had a trading volume of 31,028,630 shares, compared to its average volume of 18,178,524. The business's fifty day moving average is $11.54 and its two-hundred day moving average is $11.82. UiPath, Inc. has a twelve month low of $9.38 and a twelve month high of $15.93. The company has a market cap of $6.92 billion, a price-to-earnings ratio of 434.17, a PEG ratio of 4.95 and a beta of 1.07.

UiPath (NYSE:PATH - Get Free Report) last announced 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. UiPath had a return on equity of 1.28% and a net margin of 1.35%.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 business posted $0.04 earnings per share. The business's revenue 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. Sell-side analysts forecast that UiPath, Inc. will post -0.17 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on PATH shares. BMO Capital Markets decreased their target price on UiPath from $15.50 to $12.50 and set a "market perform" rating on the stock in a report on Friday, September 5th. Canaccord Genuity Group cut their price target on UiPath from $16.00 to $15.00 and set a "buy" rating on the stock in a research note on Monday, September 8th. Wall Street Zen raised UiPath from a "buy" rating to a "strong-buy" rating in a research note on Saturday, September 6th. Zacks Research raised UiPath from a "hold" rating to a "strong-buy" rating in a research note on Monday, September 8th. Finally, Cowen reaffirmed a "hold" rating on shares of UiPath in a research note on Friday, September 5th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $13.18.

Check Out Our Latest Stock Report on PATH

Hedge Funds Weigh In On UiPath

A number of institutional investors have recently modified their holdings of the business. GAMMA Investing LLC raised its holdings in shares of UiPath by 48.0% during the 2nd quarter. GAMMA Investing LLC now owns 2,989 shares of the company's stock worth $38,000 after buying an additional 969 shares in the last quarter. Rockefeller Capital Management L.P. boosted its holdings in UiPath by 0.8% in 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 in the last quarter. Xponance Inc. boosted its holdings in UiPath by 2.0% in 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 in the last quarter. State Board of Administration of Florida Retirement System boosted its holdings in UiPath by 0.4% in 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 in the last quarter. Finally, Covestor Ltd raised its stake in shares of UiPath by 13.1% in the first quarter. Covestor Ltd now owns 11,070 shares of the company's stock worth $114,000 after purchasing an additional 1,283 shares during the last quarter. Institutional investors and hedge funds own 62.50% of the company's stock.

About UiPath

(Get Free Report)

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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