UiPath (NYSE:PATH) Trading 3.2% Higher - Time to Buy?

Key Points

• UiPath stock (NYSE: PATH) increased by 3.2% during trading, reaching a high of $16.15 and gaining significant volume with over 20 million shares traded.
• Analysts have mixed sentiments on UiPath, with the average rating categorized as a "Hold" and a price target adjustment leading to a forecast of $13.21.
• Insider selling was notable, with CEO Daniel Dines and CFO Ashim Gupta selling a combined total of over 360,000 shares in recent transactions.

UiPath, Inc. (NYSE:PATH - Get Free Report) shares traded up 3.2% during trading on Monday . The stock traded as high as $16.15 and last traded at $15.94. 20,211,472 shares changed hands during trading, an increase of 42% from the average session volume of 14,270,024 shares. The stock had previously closed at $15.44.

Wall Street Analysts Forecast Growth

Several equities analysts have issued reports on PATH shares. Needham & Company LLC reiterated a "hold" rating on shares of UiPath in a research report on Friday, September 5th. Truist Financial dropped 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. Cowen reiterated a "hold" rating on shares of UiPath in a research report on Friday, September 5th. Canaccord Genuity Group lowered their price target on UiPath from $16.00 to $15.00 and set a "buy" rating on the stock in a report on Monday, September 8th. Finally, Wall Street Zen upgraded UiPath from a "buy" rating to a "strong-buy" rating in a report on Saturday, September 6th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $13.21.

UiPath Stock Performance

The business has a fifty day simple moving average of $12.52 and a 200 day simple moving average of $12.24. The stock has a market cap of $8.46 billion, a price-to-earnings ratio of 531.17, a PEG ratio of 5.71 and a beta of 1.07.

UiPath (NYSE:PATH - Get Free Report) last issued its earnings results on Thursday, September 4th. The company reported $0.15 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.07. The business had revenue of $361.73 million for 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%.The business's quarterly revenue was up 14.6% on a year-over-year basis. During the same period last year, the company posted $0.04 EPS. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. On average, equities research analysts anticipate that UiPath, Inc. will post -0.17 EPS for the current fiscal year.

Insider Buying and Selling at UiPath

In related news, CEO Daniel Dines sold 122,734 shares of the stock in a transaction on Wednesday, October 8th. The stock was sold at an average price of $14.89, for a total value of $1,827,509.26. Following the transaction, the chief executive officer directly owned 613,670 shares of the company's stock, valued at approximately $9,137,546.30. This trade represents a 16.67% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Ashim Gupta sold 240,874 shares of the stock in a transaction on Thursday, October 9th. The stock was sold at an average price of $17.28, for a total value of $4,162,302.72. Following the completion of the transaction, the chief financial officer directly owned 696,117 shares in the company, valued at $12,028,901.76. This trade represents a 25.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 2,188,990 shares of company stock worth $31,347,381 over the last ninety days. Corporate insiders own 23.19% of the company's stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in PATH. Twin Peaks Wealth Advisors LLC acquired a new stake in shares of UiPath during the second quarter valued at about $28,000. AdvisorNet Financial Inc grew its stake in shares of UiPath by 320.4% during the second quarter. AdvisorNet Financial Inc now owns 2,476 shares of the company's stock valued at $32,000 after acquiring an additional 1,887 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of UiPath by 48.0% during the second quarter. GAMMA Investing LLC now owns 2,989 shares of the company's stock valued at $38,000 after acquiring an additional 969 shares in the last quarter. IFP Advisors Inc grew its stake in shares of UiPath by 508.0% during the second quarter. IFP Advisors Inc now owns 3,283 shares of the company's stock valued at $42,000 after acquiring an additional 2,743 shares in the last quarter. Finally, Brooklyn Investment Group grew its stake in shares of UiPath by 314.3% during the first quarter. Brooklyn Investment Group now owns 4,508 shares of the company's stock valued at $46,000 after acquiring an additional 3,420 shares in the last quarter. 62.50% of the stock is owned by hedge funds and other 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.

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