UiPath (NYSE:PATH) Shares Up 5.2% - Time to Buy?

Key Points

• UiPath shares rose 5.2% to $15.59 with a trading volume significantly higher than average, indicating increased market interest.
• Analysts have mixed opinions on UiPath, with one upgrade to "strong-buy" and varying ratings from "hold" to "sell," reflecting uncertainty in investor sentiment.
• The company reported earnings of $0.15 per share, exceeding analysts' expectations and demonstrating a revenue increase of 14.6% year-over-year.

Shares of UiPath, Inc. (NYSE:PATH - Get Free Report) shot up 5.2% on Wednesday . The stock traded as high as $15.59 and last traded at $15.59. 33,988,767 shares changed hands during mid-day trading, an increase of 161% from the average session volume of 13,001,532 shares. The stock had previously closed at $14.82.

Wall Street Analyst Weigh In

PATH has been the topic of a number of analyst reports. Wall Street Zen upgraded UiPath from a "buy" rating to a "strong-buy" rating in a research note on Saturday, September 6th. Truist Financial decreased their target price on UiPath from $13.00 to $12.00 and set a "hold" rating on the stock in a research report on Friday, September 5th. Zacks Research upgraded UiPath from a "hold" rating to a "strong-buy" rating in a research report on Monday, September 8th. Needham & Company LLC reiterated a "hold" rating on shares of UiPath in a research report on Friday, September 5th. Finally, Weiss Ratings reiterated a "sell (d)" rating on shares of UiPath in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $13.21.

UiPath Stock Up 5.2%

The stock has a market capitalization of $8.28 billion, a price-to-earnings ratio of 519.67, a price-to-earnings-growth ratio of 5.37 and a beta of 1.07. The company has a 50 day moving average of $11.67 and a 200 day moving average of $11.91.

UiPath (NYSE:PATH - Get Free Report) last released its earnings results on Thursday, September 4th. The company reported $0.15 EPS for the quarter, beating 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 firm had revenue of $361.73 million during the quarter, compared to analyst estimates of $347.36 million. During the same period in the prior year, the firm posted $0.04 earnings per share. The business's quarterly 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. On average, research analysts forecast that UiPath, Inc. will post -0.17 earnings per share for the current fiscal year.

Insider Transactions at UiPath

In related news, CEO Daniel Dines sold 122,733 shares of the stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $14.24, for a total value of $1,747,717.92. Following the completion of the transaction, the chief executive officer owned 859,138 shares of the company's stock, valued at approximately $12,234,125.12. This represents a 12.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Brad Brubaker sold 66,665 shares of the stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $15.00, for a total value of $999,975.00. Following the completion of the transaction, the insider directly owned 690,519 shares of the company's stock, valued at $10,357,785. This represents a 8.80% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,569,600 shares of company stock valued at $19,791,809. 23.19% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of PATH. GAMMA Investing LLC boosted its holdings in UiPath by 1,207.7% in the first quarter. GAMMA Investing LLC now owns 20,806 shares of the company's stock valued at $2,020,000 after purchasing an additional 19,215 shares during the last quarter. Merit Financial Group LLC raised its stake in UiPath by 31.7% during the first quarter. Merit Financial Group LLC now owns 64,648 shares of the company's stock valued at $666,000 after buying an additional 15,543 shares in the last quarter. Pallas Capital Advisors LLC raised its stake in UiPath by 32.2% during the first quarter. Pallas Capital Advisors LLC now owns 84,776 shares of the company's stock valued at $873,000 after buying an additional 20,667 shares in the last quarter. CX Institutional acquired a new stake in UiPath during the first quarter valued at approximately $36,000. Finally, Fort Washington Investment Advisors Inc. OH raised its stake in UiPath by 100.0% during the first quarter. Fort Washington Investment Advisors Inc. OH now owns 85,290 shares of the company's stock valued at $878,000 after buying an additional 42,645 shares in the last quarter. Hedge funds and other institutional investors own 62.50% of the company's stock.

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.

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