UiPath (NYSE:PATH) Shares Up 2.3% - Here's What Happened

Key Points

• UiPath's stock rose 2.3% to $16.29, with trading volume increasing by 36% compared to its average daily volume.
• Wall Street analysts have mixed ratings for UiPath, with one Strong Buy, two Buy, twelve Hold, and three Sell ratings, reflecting a consensus rating of "Hold" and an average price target of $13.21.
• In recent insider trading, CFO Ashim Gupta and CEO Daniel Dines significantly sold portions of their stakes, with Gupta selling 240,874 shares and Dines selling 122,734 shares.

UiPath, Inc. (NYSE:PATH - Get Free Report) was up 2.3% on Tuesday . The stock traded as high as $16.59 and last traded at $16.29. Approximately 19,414,500 shares changed hands during trading, an increase of 36% from the average daily volume of 14,289,671 shares. The stock had previously closed at $15.93.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on PATH shares. Wall Street Zen upgraded shares of UiPath from a "buy" rating to a "strong-buy" rating in a research report on Saturday, September 6th. BMO Capital Markets increased their price target on shares of UiPath from $12.50 to $13.00 and gave the stock a "market perform" rating in a report on Thursday, October 2nd. DA Davidson started coverage on UiPath in a report on Friday, September 5th. They issued a "neutral" rating and a $12.00 price objective on the stock. Needham & Company LLC reiterated a "hold" rating on shares of UiPath in a research report on Friday, September 5th. Finally, Canaccord Genuity Group cut their target price on UiPath from $16.00 to $15.00 and set a "buy" rating for the company in a research note on Monday, September 8th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $13.21.

UiPath Price Performance

The company has a market capitalization of $8.65 billion, a price-to-earnings ratio of 542.97, a price-to-earnings-growth ratio of 5.71 and a beta of 1.07. The firm's 50-day simple moving average is $12.63 and its two-hundred day simple moving average is $12.28.

UiPath (NYSE:PATH - Get Free Report) last announced its quarterly 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 return on equity of 1.28% and a net margin of 1.35%.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 company earned $0.04 EPS. The company's quarterly revenue was up 14.6% on a year-over-year basis. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. On average, analysts expect that UiPath, Inc. will post -0.17 EPS for the current fiscal year.

Insider Buying and Selling at UiPath

In other UiPath news, CFO Ashim Gupta sold 240,874 shares of UiPath stock in a transaction dated Thursday, October 9th. The shares were sold at an average price of $17.28, for a total transaction of $4,162,302.72. Following the completion of the transaction, the chief financial officer owned 696,117 shares in the company, valued at approximately $12,028,901.76. The trade was a 25.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Daniel Dines sold 122,734 shares of the company's stock in a transaction dated Wednesday, October 8th. The shares were 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 in the company, valued at $9,137,546.30. This trade represents a 16.67% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,188,990 shares of company stock valued at $31,347,381 in the last ninety days. Corporate insiders own 23.19% of the company's stock.

Institutional Investors Weigh In On UiPath

Institutional investors and hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC increased its position in UiPath by 48.0% during the second 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 stake in shares of UiPath by 0.8% during the second quarter. Rockefeller Capital Management L.P. now owns 123,329 shares of the company's stock valued at $1,579,000 after acquiring an additional 1,033 shares during the last quarter. Xponance Inc. increased its position in UiPath by 2.0% during the 1st quarter. Xponance Inc. now owns 54,246 shares of the company's stock worth $559,000 after purchasing an additional 1,054 shares in the last quarter. State Board of Administration of Florida Retirement System raised its stake in UiPath by 0.4% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 313,946 shares of the company's stock valued at $4,019,000 after purchasing an additional 1,190 shares during the last quarter. Finally, Covestor Ltd raised its stake in UiPath by 13.1% in the 1st quarter. Covestor Ltd now owns 11,070 shares of the company's stock valued at $114,000 after purchasing an additional 1,283 shares during the last quarter. Hedge funds and other institutional investors 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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