Key Points
- UiPath CEO Daniel Dines sold 45,000 shares on Dec. 15 at an average price of $17.30 for $778,500, leaving him with about 28,973,585 shares (≈$501.2M), a 0.16% drop in ownership.
- The Dec. 15 sale is part of a string of repeated insider sales — multiple 45,000-share blocks sold between Oct. 22 and Dec. 15 — indicating sustained executive selling activity.
- UiPath recently beat quarterly estimates (EPS $0.16 vs. $0.14; revenue $411.11M, +15.9% YoY), but analysts' consensus is a Hold rating with a $16 price target.
UiPath, Inc. (NYSE:PATH - Get Free Report) CEO Daniel Dines sold 45,000 shares of the company's stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $17.30, for a total transaction of $778,500.00. Following the transaction, the chief executive officer owned 28,973,585 shares of the company's stock, valued at approximately $501,243,020.50. This represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Daniel Dines also recently made the following trade(s):
- On Friday, December 12th, Daniel Dines sold 45,000 shares of UiPath stock. The shares were sold at an average price of $17.91, for a total transaction of $805,950.00.
- On Wednesday, December 10th, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $18.61, for a total transaction of $837,450.00.
- On Monday, December 8th, Daniel Dines sold 45,000 shares of UiPath stock. The shares were sold at an average price of $19.21, for a total value of $864,450.00.
- On Wednesday, November 5th, Daniel Dines sold 45,000 shares of UiPath stock. The shares were sold at an average price of $15.07, for a total value of $678,150.00.
- On Monday, November 3rd, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $16.23, for a total value of $730,350.00.
- On Friday, October 31st, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $15.72, for a total value of $707,400.00.
- On Wednesday, October 29th, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $16.29, for a total value of $733,050.00.
- On Monday, October 27th, Daniel Dines sold 45,000 shares of UiPath stock. The shares were sold at an average price of $16.73, for a total value of $752,850.00.
- On Friday, October 24th, Daniel Dines sold 45,000 shares of UiPath stock. The shares were sold at an average price of $15.46, for a total transaction of $695,700.00.
- On Wednesday, October 22nd, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $15.53, for a total transaction of $698,850.00.
UiPath Price Performance
PATH opened at $16.13 on Tuesday. UiPath, Inc. has a fifty-two week low of $9.38 and a fifty-two week high of $19.84. The company's 50 day moving average price is $15.52 and its two-hundred day moving average price is $13.31. The firm has a market capitalization of $8.62 billion, a price-to-earnings ratio of 38.39, a PEG ratio of 5.19 and a beta of 1.10.
UiPath (NYSE:PATH - Get Free Report) last issued its quarterly earnings results on Wednesday, December 3rd. The company reported $0.16 EPS for the quarter, topping analysts' consensus estimates of $0.14 by $0.02. UiPath had a net margin of 14.79% and a return on equity of 3.73%. The company had revenue of $411.11 million for the quarter, compared to analyst estimates of $392.46 million. During the same quarter in the previous year, the business earned $0.11 earnings per share. UiPath's revenue was up 15.9% compared to the same quarter last year. As a group, equities research analysts predict that UiPath, Inc. will post -0.17 EPS for the current year.
Wall Street Analyst Weigh In
A number of research firms have commented on PATH. Weiss Ratings upgraded UiPath from a "sell (d+)" rating to a "hold (c)" rating in a research report on Tuesday, December 9th. Cowen reiterated a "hold" rating on shares of UiPath in a report on Thursday, December 4th. Barclays increased their target price on shares of UiPath from $14.00 to $16.00 and gave the company an "equal weight" rating in a research report on Thursday, December 4th. DA Davidson upped their price objective on shares of UiPath from $12.00 to $15.00 and gave the company a "neutral" rating in a research note on Thursday, December 4th. Finally, Wall Street Zen cut shares of UiPath from a "strong-buy" rating to a "buy" rating in a research report on Saturday, December 6th. One investment analyst has rated the stock with a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $16.00.
Check Out Our Latest Report on PATH
Institutional Trading of UiPath
Large investors have recently modified their holdings of the stock. Mirabella Financial Services LLP acquired a new position in shares of UiPath during the 3rd quarter valued at $157,000. Allworth Financial LP increased its stake in UiPath by 166.0% in the third quarter. Allworth Financial LP now owns 21,989 shares of the company's stock valued at $294,000 after purchasing an additional 13,723 shares in the last quarter. Swiss Life Asset Management Ltd increased its stake in UiPath by 72.5% in the third quarter. Swiss Life Asset Management Ltd now owns 19,369 shares of the company's stock valued at $259,000 after purchasing an additional 8,141 shares in the last quarter. Strategic Advocates LLC raised its holdings in shares of UiPath by 2.5% during the third quarter. Strategic Advocates LLC now owns 58,483 shares of the company's stock valued at $783,000 after purchasing an additional 1,446 shares during the period. Finally, Danske Bank A S bought a new position in shares of UiPath during the 3rd quarter worth about $14,114,000. Institutional investors and hedge funds own 62.50% of the company's stock.
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.
Further Reading
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