UiPath (NYSE:PATH) Sets New 12-Month Low - Should You Sell?

Key Points

• Shares hit a new 52-week low, trading as low as $9.42 (last $9.515) and down about 4.6% on Friday with roughly 6.8 million shares changing hands; market capitalization is about $4.97 billion.
• Several analysts cut price targets (DA Davidson, Bank of America, Mizuho) to roughly $12–$13 while the consensus remains a "Hold" with an average target of $14.07; Morgan Stanley was a notable outlier, upgrading to a positive rating.
• UiPath beat the quarter (EPS $0.30 vs. $0.25 estimate; revenue $481.1M, +13.4% YoY) but analysts still expect negative full‑year EPS (-$0.17); insiders have been selling (CEO sold 45,000 shares) while insiders own ~23.2% and institutions own ~62.5%.

Shares of UiPath, Inc. (NYSE:PATH - Get Free Report) hit a new 52-week low during trading on Friday . The company traded as low as $9.42 and last traded at $9.5150, with a volume of 6792114 shares traded. The stock had previously closed at $9.94.

Analysts Set New Price Targets

PATH has been the topic of a number of research reports. DA Davidson cut their price objective on shares of UiPath from $15.00 to $13.00 and set a "neutral" rating on the stock in a research report on Thursday, March 12th. Bank of America cut their price objective on shares of UiPath from $14.00 to $12.00 and set an "underperform" rating on the stock in a research report on Thursday, March 12th. William Blair reissued a "hold" rating on shares of UiPath in a research report on Thursday, March 12th. Mizuho cut their price objective on shares of UiPath from $15.00 to $12.00 and set a "neutral" rating on the stock in a research report on Thursday, March 12th. Finally, Morgan Stanley upgraded shares of UiPath from an "equal weight" rating to a "positive" rating in a report on Friday, March 13th. Three equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $14.07.

UiPath Stock Down 4.6%

The firm has a market capitalization of $4.97 billion, a price-to-earnings ratio of 18.24, a P/E/G ratio of 1.70 and a beta of 1.03. The stock's fifty day moving average is $11.42 and its two-hundred day moving average is $13.96.

UiPath (NYSE:PATH - Get Free Report) last issued its earnings results on Wednesday, March 11th. The company reported $0.30 earnings per share 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 for the quarter, compared to the consensus estimate of $464.81 million. During the same period in the previous year, the company earned $0.26 earnings per share. The firm's revenue for the quarter was up 13.4% on a year-over-year basis. As a group, analysts anticipate that UiPath, Inc. will post -0.17 EPS for the current year.

Insider Activity at UiPath

In other UiPath news, CEO Daniel Dines sold 45,000 shares of the company's stock in a transaction on Monday, January 26th. The shares were sold at an average price of $15.01, for a total value of $675,450.00. Following the transaction, the chief executive officer directly owned 27,893,585 shares in the company, valued at $418,682,710.85. The trade was a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 180,000 shares of company stock valued at $2,804,400 in the last 90 days. 23.19% of the stock is owned by insiders.

Hedge Funds Weigh In On UiPath

Several institutional investors and hedge funds have recently modified their holdings of PATH. Hudson Bay Capital Management LP acquired a new position in shares of UiPath in the second quarter valued at $102,559,000. Norges Bank acquired a new position in shares of UiPath in the fourth quarter valued at $120,176,000. State Street Corp increased its holdings in shares of UiPath by 66.4% in the fourth quarter. State Street Corp now owns 13,004,786 shares of the company's stock valued at $213,148,000 after purchasing an additional 5,189,438 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of 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 in the last quarter. Finally, TFG Asset Management GP Ltd grew its stake in shares of UiPath by 53.3% in the second quarter. TFG Asset Management GP Ltd now owns 13,722,244 shares of the company's stock valued at $175,645,000 after acquiring an additional 4,772,244 shares in the last quarter. 62.50% of the stock is currently owned by institutional investors and hedge funds.

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. 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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