UiPath (NYSE:PATH) Shares Up 19.1% - Still a Buy?

Key Points

• UiPath's stock surged 19.1% in a single trading day, reaching a high of $18.74, with trading volume increasing significantly to 98.8 million shares, marking a 635% rise from the average volume.
• Analysts have mixed opinions on UiPath, with one upgrading the stock to a "strong-buy" rating while others maintained a "hold" or "sell" stance, resulting in an average rating of "Hold" and a price target of $13.21.
• Insider activity includes CEO Daniel Dines selling over 122,000 shares, reducing his stake by 16.67%, highlighting a notable insider transaction amidst mixed analyst ratings.

UiPath, Inc. (NYSE:PATH - Get Free Report)'s stock price shot up 19.1% during trading on Thursday . The company traded as high as $18.74 and last traded at $18.55. 98,832,736 shares were traded during mid-day trading, an increase of 635% from the average session volume of 13,445,560 shares. The stock had previously closed at $15.58.

Analyst Ratings Changes

A number of brokerages recently commented on PATH. Cowen restated a "hold" rating on shares of UiPath in a research report on Friday, September 5th. Wall Street Zen raised shares of UiPath from a "buy" rating to a "strong-buy" rating in a report on Saturday, September 6th. Truist Financial dropped their target price on shares of UiPath from $13.00 to $12.00 and set a "hold" rating for the company in a report on Friday, September 5th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of UiPath in a report on Wednesday. Finally, Zacks Research raised shares of UiPath from a "hold" rating to a "strong-buy" rating in a report on Monday, September 8th. One equities 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 stock. According to MarketBeat.com, UiPath has an average rating of "Hold" and an average target price of $13.21.

UiPath Stock Performance

The stock has a market capitalization of $9.85 billion, a price-to-earnings ratio of 618.33, a P/E/G ratio of 5.76 and a beta of 1.07. The company has a 50-day moving average of $11.87 and a 200-day moving average of $11.98.

UiPath (NYSE:PATH - Get Free Report) last released its earnings results on Thursday, September 4th. The company reported $0.15 EPS for the quarter, topping 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 during the quarter, compared to analysts' expectations of $347.36 million. During the same period in the previous year, the company earned $0.04 EPS. UiPath's revenue for the quarter was up 14.6% on a year-over-year basis. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. As a group, analysts expect that UiPath, Inc. will post -0.17 earnings per share for the current year.

Insider Transactions at UiPath

In other news, CEO Daniel Dines sold 122,734 shares of the company's stock in a transaction that occurred on Wednesday, October 8th. The shares were sold at an average price of $14.89, for a total value 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 approximately $9,137,546.30. This represents a 16.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Brad Brubaker sold 66,665 shares of the stock in a transaction that occurred on Monday, October 6th. The shares were sold at an average price of $15.00, for a total transaction of $999,975.00. Following the sale, the insider directly owned 690,519 shares of the company's stock, valued at approximately $10,357,785. This represents a 8.80% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 1,692,334 shares of company stock worth $21,619,319. Company insiders own 23.19% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Twin Peaks Wealth Advisors LLC acquired a new position in shares of UiPath during the 2nd quarter worth $28,000. AdvisorNet Financial Inc boosted its holdings in UiPath by 320.4% in the 2nd quarter. AdvisorNet Financial Inc now owns 2,476 shares of the company's stock valued at $32,000 after purchasing an additional 1,887 shares during the period. CX Institutional bought a new stake in UiPath in the 1st quarter valued at $36,000. GAMMA Investing LLC lifted 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 acquiring an additional 969 shares during the period. Finally, IFP Advisors Inc increased 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 purchasing an additional 2,743 shares in the last quarter. Institutional investors and hedge funds own 62.50% of the company's stock.

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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