UiPath (NYSE:PATH) Stock Price Down 3.1% on Insider Selling

Key Points

• UiPath's stock price fell 3.1% to $15.44 following insider selling by CEO Daniel Dines and CAO Hitesh Ramani on October 17th.
• Daniel Dines sold 45,000 shares for approximately $702,900, while Hitesh Ramani sold 10,000 shares for about $157,300, indicating a decrease in their respective ownership stakes.
• Despite the recent insider selling, UiPath reported positive quarterly earnings with an EPS of $0.15, exceeding estimates and reflecting a 14.6% revenue increase year-over-year.

UiPath, Inc. (NYSE:PATH - Get Free Report)'s stock price traded down 3.1% during mid-day trading on Friday following insider selling activity. The stock traded as low as $15.28 and last traded at $15.44. 22,885,222 shares were traded during trading, an increase of 61% from the average session volume of 14,239,360 shares. The stock had previously closed at $15.93.

Specifically, CEO Daniel Dines sold 45,000 shares of the stock in a transaction on Friday, October 17th. The stock was sold at an average price of $15.62, for a total transaction of $702,900.00. Following the completion of the transaction, the chief executive officer directly owned 29,873,585 shares of the company's stock, valued at approximately $466,625,397.70. This trade represents a 0.15% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Hitesh Ramani sold 10,000 shares of UiPath stock in a transaction on Friday, October 17th. The shares were sold at an average price of $15.73, for a total value of $157,300.00. Following the transaction, the chief accounting officer owned 212,776 shares in the company, valued at approximately $3,346,966.48. This trade represents a 4.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. In other news, CAO Hitesh Ramani sold 10,000 shares of the company's stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $16.68, for a total value of $166,800.00. Following the completion of the sale, the chief accounting officer owned 222,776 shares in the company, valued at $3,715,903.68. This represents a 4.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on PATH shares. Cowen reiterated a "hold" rating on shares of UiPath in a research report on Friday, September 5th. Truist Financial decreased their price target on UiPath from $13.00 to $12.00 and set a "hold" rating for the company in a research report on Friday, September 5th. DA Davidson assumed coverage on UiPath in a research note on Friday, September 5th. They issued a "neutral" rating and a $12.00 price target on the stock. Wall Street Zen raised shares of UiPath from a "buy" rating to a "strong-buy" rating in a research note on Saturday, September 6th. Finally, Zacks Research upgraded 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 given a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $13.21.

UiPath Stock Performance

The company's 50 day simple moving average is $12.42 and its two-hundred day simple moving average is $12.18. The stock has a market cap of $8.20 billion, a price-to-earnings ratio of 514.77, a price-to-earnings-growth ratio of 6.18 and a beta of 1.07.

UiPath (NYSE:PATH - Get Free Report) last announced its quarterly earnings data on Thursday, September 4th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.07. The business had revenue of $361.73 million during the quarter, compared to analyst estimates of $347.36 million. UiPath had a return on equity of 1.28% and a net margin of 1.35%.UiPath's quarterly revenue was up 14.6% compared to the same quarter last year. 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. On average, equities research analysts predict that UiPath, Inc. will post -0.17 earnings per share for the current fiscal year.

Institutional Investors Weigh In On UiPath

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Inspire Investing LLC bought a new stake in shares of UiPath in the 2nd quarter valued at approximately $891,000. Bank of Nova Scotia acquired a new stake in UiPath in the first quarter valued at approximately $3,907,000. Jump Financial LLC acquired a new stake in UiPath in the first quarter valued at approximately $11,016,000. Deutsche Bank AG grew its position in UiPath by 3.8% in the first quarter. Deutsche Bank AG now owns 1,562,306 shares of the company's stock worth $16,092,000 after acquiring an additional 56,721 shares in the last quarter. Finally, Pallas Capital Advisors LLC increased its stake in shares of UiPath by 24.8% during the 2nd quarter. Pallas Capital Advisors LLC now owns 105,834 shares of the company's stock worth $1,355,000 after purchasing an additional 21,058 shares during the last quarter. 62.50% of the stock is owned by hedge funds and other institutional investors.

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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