UiPath (NYSE:PATH) Sees Large Volume Increase - Should You Buy?

Key Points

• UiPath experienced a significant increase in trading volume, with 20.56 million shares traded, a 52% rise from the previous session, although the stock price fell from $18.51 to $18.02.
• Wall Street analysts have mixed opinions on UiPath, with target prices ranging from $12.00 to $16.00 and an average rating of "Hold"; however, Wall Street Zen recently upgraded it to a "strong-buy."
• Insiders have been selling shares, including CEO Daniel Dines, who sold 122,734 shares, representing a 16.67% decrease in their ownership, while institutional investors hold about 62.50% of the stock.

UiPath, Inc. (NYSE:PATH - Get Free Report) saw an uptick in trading volume on Friday . 20,559,162 shares traded hands during trading, an increase of 52% from the previous session's volume of 13,486,975 shares.The stock last traded at $18.02 and had previously closed at $18.51.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on PATH. BMO Capital Markets increased their target price on UiPath from $12.50 to $13.00 and gave the company a "market perform" rating in a report on Thursday, October 2nd. DA Davidson assumed coverage on UiPath in a report on Friday, September 5th. They set a "neutral" rating and a $12.00 target price for the company. Canaccord Genuity Group lowered their price target on UiPath from $16.00 to $15.00 and set a "buy" rating for the company in a research report on Monday, September 8th. Wall Street Zen raised UiPath from a "buy" rating to a "strong-buy" rating in a research report on Saturday, September 6th. Finally, Cowen reaffirmed a "hold" rating on shares of UiPath in a research report on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $13.21.

UiPath Price Performance

The stock's fifty day moving average price is $11.87 and its 200-day moving average price is $11.98. The firm has a market cap of $9.20 billion, a price-to-earnings ratio of 579.53, a price-to-earnings-growth ratio of 5.76 and a beta of 1.07.

UiPath (NYSE:PATH - Get Free Report) last released its quarterly earnings results on Thursday, September 4th. The company reported $0.15 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.08 by $0.07. UiPath had a net margin of 1.35% and a return on equity of 1.28%. The business had revenue of $361.73 million for the quarter, compared to analyst estimates of $347.36 million. During the same quarter in the previous year, the business earned $0.04 earnings per share. The firm'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. As a group, equities research analysts predict that UiPath, Inc. will post -0.17 EPS for the current fiscal year.

Insider Activity at UiPath

In other UiPath news, insider Brad Brubaker sold 66,665 shares of the company's stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $15.00, for a total value of $999,975.00. Following the transaction, the insider owned 690,519 shares in the company, valued at approximately $10,357,785. This represents a 8.80% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Daniel Dines sold 122,734 shares of the business's stock in a transaction that occurred on Wednesday, October 8th. The stock was sold at an average price of $14.89, for a total transaction of $1,827,509.26. Following the completion of the sale, the chief executive officer directly owned 613,670 shares of the company's stock, valued at $9,137,546.30. This represents a 16.67% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,647,334 shares of company stock worth $21,047,369. Company insiders own 23.19% of the company's stock.

Institutional Trading of UiPath

Several large investors have recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC bought a new stake in UiPath in the 2nd quarter valued at $28,000. AdvisorNet Financial Inc increased its position in shares of UiPath by 320.4% during the 2nd quarter. AdvisorNet Financial Inc now owns 2,476 shares of the company's stock worth $32,000 after purchasing an additional 1,887 shares in the last quarter. CX Institutional bought a new position in shares of UiPath in the first quarter worth about $36,000. GAMMA Investing LLC raised its stake in shares of UiPath by 48.0% in 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. Finally, IFP Advisors Inc grew its position in shares of UiPath by 508.0% during the 2nd quarter. IFP Advisors Inc now owns 3,283 shares of the company's stock worth $42,000 after buying an additional 2,743 shares during the period. 62.50% of the stock is owned by institutional investors.

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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