UiPath, Inc. (NYSE:PATH - Get Free Report) insider Brad Brubaker sold 27,580 shares of the company's stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $18.55, for a total transaction of $511,609.00. Following the completion of the sale, the insider directly owned 635,359 shares of the company's stock, valued at $11,785,909.45. The trade was a 4.16% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Brad Brubaker also recently made the following trade(s):
- On Wednesday, October 15th, Brad Brubaker sold 27,580 shares of UiPath stock. The shares were sold at an average price of $16.68, for a total transaction of $460,034.40.
- On Monday, October 6th, Brad Brubaker sold 66,665 shares of UiPath stock. The stock was sold at an average price of $15.00, for a total transaction of $999,975.00.
- On Tuesday, September 30th, Brad Brubaker sold 16,083 shares of UiPath stock. The shares were sold at an average price of $15.00, for a total transaction of $241,245.00.
UiPath Price Performance
NYSE PATH opened at $19.27 on Tuesday. UiPath, Inc. has a 12 month low of $9.38 and a 12 month high of $19.84. The firm has a market capitalization of $10.23 billion, a PE ratio of 45.87, a P/E/G ratio of 6.93 and a beta of 1.10. The company's 50 day simple moving average is $15.06 and its 200 day simple moving average is $13.13.
UiPath (NYSE:PATH - Get Free Report) last released its earnings results on Wednesday, December 3rd. The company reported $0.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.14 by $0.02. UiPath had a return on equity of 3.83% and a net margin of 14.79%.The firm had revenue of $411.11 million during the quarter, compared to the consensus estimate of $392.46 million. During the same period in the prior year, the firm posted $0.11 earnings per share. The firm's revenue for the quarter was up 15.9% compared to the same quarter last year. Sell-side analysts anticipate that UiPath, Inc. will post -0.17 earnings per share for the current fiscal year.
Analyst Ratings Changes
A number of research analysts recently issued reports on PATH shares. Canaccord Genuity Group lifted their target price on UiPath from $15.00 to $19.00 and gave the stock a "buy" rating in a report on Thursday. Wall Street Zen lowered shares of UiPath from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Wells Fargo & Company lifted their price objective on shares of UiPath from $12.00 to $14.00 and gave the stock an "equal weight" rating in a research note on Thursday. Needham & Company LLC reiterated a "hold" rating on shares of UiPath in a report on Thursday. Finally, BMO Capital Markets raised their target price on shares of UiPath from $13.00 to $17.00 and gave the stock a "market perform" rating in a report on Thursday. One analyst has rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Reduce" and a consensus target price of $15.46.
Read Our Latest Report on UiPath
Institutional Trading of UiPath
A number of hedge funds have recently bought and sold shares of the company. Twin Peaks Wealth Advisors LLC purchased a new position in shares of UiPath in the second quarter worth approximately $28,000. AdvisorNet Financial Inc boosted its stake in UiPath by 320.4% in 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 period. GAMMA Investing LLC grew its position in UiPath by 48.0% during the 2nd quarter. GAMMA Investing LLC now owns 2,989 shares of the company's stock worth $38,000 after purchasing an additional 969 shares in the last quarter. IFP Advisors Inc grew its position in UiPath by 508.0% during the 2nd quarter. IFP Advisors Inc now owns 3,283 shares of the company's stock worth $42,000 after purchasing an additional 2,743 shares in the last quarter. Finally, Brooklyn Investment Group raised its stake in UiPath by 314.3% during the 1st quarter. Brooklyn Investment Group now owns 4,508 shares of the company's stock valued at $46,000 after purchasing an additional 3,420 shares during the period. 62.50% of the stock is owned by hedge funds and other institutional investors.
About UiPath
(
Get Free Report)
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
