UiPath (NYSE:PATH) Trading Down 8% - Should You Sell?

Key Points

• UiPath's stock price fell by 8% to a last traded price of $17.04, with trading volume significantly higher than average, at over 60 million shares.
• Analysts have mixed views on UiPath, with Zacks Research upgrading the rating to "strong-buy," while others like Truist Financial reduced their price target.
• Insider sales were prominent, with CEO Daniel Dines and another insider selling a combined total of nearly 190,000 shares, indicating potential concerns among executives.

UiPath, Inc. (NYSE:PATH - Get Free Report)'s stock price traded down 8% during mid-day trading on Friday . The stock traded as low as $16.85 and last traded at $17.04. 60,810,102 shares were traded during trading, an increase of 343% from the average session volume of 13,723,327 shares. The stock had previously closed at $18.51.

Analyst Ratings Changes

A number of equities analysts recently issued reports on PATH shares. Zacks Research raised UiPath from a "hold" rating to a "strong-buy" rating in a report on Monday, September 8th. Truist Financial decreased their price objective on UiPath from $13.00 to $12.00 and set a "hold" rating for the company in a report on Friday, September 5th. Needham & Company LLC reissued a "hold" rating on shares of UiPath in a report on Friday, September 5th. Canaccord Genuity Group decreased their price objective on UiPath from $16.00 to $15.00 and set a "buy" rating for the company in a report on Monday, September 8th. Finally, Wall Street Zen upgraded shares of UiPath from a "buy" rating to a "strong-buy" rating in a research note on Saturday, September 6th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, UiPath has an average rating of "Hold" and an average target price of $13.21.

UiPath Price Performance

The stock has a market cap of $9.05 billion, a price-to-earnings ratio of 567.83, a P/E/G ratio of 5.76 and a beta of 1.07. The stock's 50-day moving average is $11.87 and its 200 day moving average is $11.98.

UiPath (NYSE:PATH - Get Free Report) last posted its quarterly earnings results on Thursday, September 4th. The company reported $0.15 earnings per share for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $347.36 million. During the same period in the previous year, the business earned $0.04 earnings per share. The company's revenue for the quarter 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. Analysts anticipate that UiPath, Inc. will post -0.17 EPS for the current year.

Insider Buying and Selling

In related news, CEO Daniel Dines sold 122,734 shares of UiPath stock in a transaction on Wednesday, October 8th. The stock was sold at an average price of $14.89, for a total transaction of $1,827,509.26. Following the completion of the transaction, the chief executive officer directly owned 613,670 shares of the company's stock, valued at approximately $9,137,546.30. The trade was a 16.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Brad Brubaker sold 66,665 shares of UiPath stock in a transaction on Monday, October 6th. The stock was sold at an average price of $15.00, for a total value of $999,975.00. Following the transaction, 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. Over the last quarter, insiders have sold 1,647,334 shares of company stock valued at $21,047,369. Insiders own 23.19% of the company's stock.

Hedge Funds Weigh In On UiPath

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Twin Peaks Wealth Advisors LLC acquired a new position in UiPath during the second quarter worth about $28,000. AdvisorNet Financial Inc raised its position in shares of UiPath by 320.4% during the 2nd quarter. AdvisorNet Financial Inc now owns 2,476 shares of the company's stock worth $32,000 after purchasing an additional 1,887 shares during the last quarter. CX Institutional acquired a new position in shares of UiPath during the 1st quarter worth approximately $36,000. GAMMA Investing LLC raised its holdings in shares of UiPath by 48.0% in the second 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 last quarter. Finally, IFP Advisors Inc raised its holdings in shares of UiPath by 508.0% in the second quarter. IFP Advisors Inc now owns 3,283 shares of the company's stock worth $42,000 after acquiring an additional 2,743 shares during 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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