UiPath (NYSE:PATH) Shares Down 3% After Insider Selling

Key Points

• Shares fell about 3% (trading as low as $13.80 to $14.12) on Thursday with volume up ~20% to ~17.7 million shares following reported insider activity.
• CEO Daniel Dines sold three tranches of 45,000 shares (Oct. 31, Nov. 3 and Nov. 5) — roughly 135,000 shares total, netting about $2.12 million — while still holding roughly 29.3 million shares after the transactions.
• Analysts show a consensus "Hold" rating with an average price target of $13.71 (below the current price); UiPath has a $7.5B market cap and a very high P/E (~471) but recently beat Q3 revenue and EPS estimates with revenue up 14.6% year-over-year.

UiPath, Inc. (NYSE:PATH - Get Free Report)'s share price was down 3% during trading on Thursday after an insider sold shares in the company. The stock traded as low as $13.80 and last traded at $14.12. Approximately 17,689,167 shares traded hands during mid-day trading, an increase of 20% from the average daily volume of 14,790,536 shares. The stock had previously closed at $14.55.

Specifically, CEO Daniel Dines sold 45,000 shares of the stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $15.07, for a total transaction of $678,150.00. Following the completion of the sale, the chief executive officer directly owned 29,288,585 shares of the company's stock, valued at $441,378,975.95. This trade represents a 0.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Daniel Dines sold 45,000 shares of the stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $16.23, for a total transaction of $730,350.00. Following the sale, the chief executive officer directly owned 29,333,585 shares of the company's stock, valued at approximately $476,084,084.55. This trade represents a 0.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In other UiPath news, CEO Daniel Dines sold 45,000 shares of the stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $15.72, for a total transaction of $707,400.00. Following the completion of the sale, the chief executive officer directly owned 29,423,585 shares of the company's stock, valued at $462,538,756.20. This trade represents a 0.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Analyst Ratings Changes

A number of equities research analysts have issued reports on PATH shares. Wall Street Zen lowered shares of UiPath from a "strong-buy" rating to a "buy" rating in a report on Saturday, October 25th. BMO Capital Markets raised their target price on shares of UiPath from $12.50 to $13.00 and gave the company a "market perform" rating in a report on Thursday, October 2nd. UBS Group set a $17.00 target price on shares of UiPath and gave the company a "neutral" rating in a report on Thursday, October 23rd. Weiss Ratings reissued a "sell (d+)" rating on shares of UiPath in a report on Thursday, October 30th. Finally, Cowen reissued a "hold" rating on shares of UiPath in a report on Friday, September 5th. Two research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, UiPath currently has a consensus rating of "Hold" and an average price target of $13.71.

UiPath Price Performance

The company has a market capitalization of $7.50 billion, a P/E ratio of 470.67, a P/E/G ratio of 5.28 and a beta of 1.09. The business has a 50-day moving average of $13.79 and a 200-day moving average of $12.72.

UiPath (NYSE:PATH - Get Free Report) last issued its quarterly earnings results on Thursday, September 4th. The company reported $0.15 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.08 by $0.07. The company had revenue of $361.73 million during the quarter, compared to the consensus estimate of $347.36 million. UiPath had a return on equity of 1.28% and a net margin of 1.35%.UiPath's revenue was up 14.6% on a year-over-year basis. During the same period last year, the company earned $0.04 earnings per share. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Sell-side analysts predict that UiPath, Inc. will post -0.17 EPS for the current fiscal year.

Institutional Trading of UiPath

A number of institutional investors have recently bought and sold shares of the stock. Public Sector Pension Investment Board bought a new stake in UiPath in the third quarter worth $6,351,000. Savvy Advisors Inc. bought a new stake in shares of UiPath during the third quarter worth $201,000. LSV Asset Management bought a new stake in shares of UiPath during the third quarter worth $447,000. Versor Investments LP bought a new stake in shares of UiPath during the third quarter worth $682,000. Finally, Wealthfront Advisers LLC lifted its position in shares of UiPath by 3.6% during the third quarter. Wealthfront Advisers LLC now owns 32,886 shares of the company's stock worth $440,000 after purchasing an additional 1,149 shares during the last quarter. 62.50% of the stock is currently owned by institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.