Key Points
- UiPath CEO Daniel Dines sold 45,000 shares on December 17 at an average price of $16.11 for $724,950, leaving him with 28,883,585 shares (about $465.3M), a 0.16% reduction in ownership.
- The December sale is part of a recurring pattern of disposals — Dines sold multiple 45,000-share tranches from late October through December at roughly $15–$19 per share, suggesting ongoing scheduled or systematic sales.
- UiPath recently beat quarterly EPS estimates ($0.16 vs. $0.14), trades near $16.25 with a market cap of about $8.7B, and carries an average analyst target of $16 with a consensus rating of Hold.
UiPath, Inc. (NYSE:PATH - Get Free Report) CEO Daniel Dines sold 45,000 shares of the stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $16.11, for a total transaction of $724,950.00. Following the completion of the transaction, the chief executive officer directly owned 28,883,585 shares in the company, valued at approximately $465,314,554.35. This represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Daniel Dines also recently made the following trade(s):
- On Monday, December 15th, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $17.30, for a total value of $778,500.00.
- On Friday, December 12th, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $17.91, for a total value of $805,950.00.
- On Wednesday, December 10th, Daniel Dines sold 45,000 shares of UiPath stock. The shares were sold at an average price of $18.61, for a total value 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 stock was sold at an average price of $15.07, for a total transaction of $678,150.00.
- On Monday, November 3rd, Daniel Dines sold 45,000 shares of UiPath stock. The shares were 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 shares were 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 stock was 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 value of $695,700.00.
UiPath Price Performance
UiPath stock opened at $16.25 on Thursday. The business has a 50 day moving average of $15.55 and a 200-day moving average of $13.35. UiPath, Inc. has a 1 year low of $9.38 and a 1 year high of $19.84. The company has a market capitalization of $8.69 billion, a P/E ratio of 38.73, a P/E/G ratio of 4.79 and a beta of 1.10.
UiPath (NYSE:PATH - Get Free Report) last posted 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 net margin of 14.79% and a return on equity of 3.73%. The firm had revenue of $411.11 million for the quarter, compared to analyst estimates of $392.46 million. During the same period in the previous year, the firm posted $0.11 EPS. The company's revenue for the quarter was up 15.9% compared to the same quarter last year. Equities analysts anticipate that UiPath, Inc. will post -0.17 EPS for the current year.
Institutional Trading of UiPath
Hedge funds have recently modified their holdings of the stock. Twin Peaks Wealth Advisors LLC acquired a new position in shares of UiPath during the second quarter valued at about $28,000. AdvisorNet Financial Inc boosted its holdings in UiPath by 320.4% in the second quarter. AdvisorNet Financial Inc now owns 2,476 shares of the company's stock worth $32,000 after acquiring an additional 1,887 shares in the last quarter. GAMMA Investing LLC grew its stake in UiPath by 48.0% in 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 during the period. IFP Advisors Inc increased its holdings 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 raised its position in shares of UiPath by 314.3% during the first quarter. Brooklyn Investment Group now owns 4,508 shares of the company's stock worth $46,000 after purchasing an additional 3,420 shares during the period. Institutional investors own 62.50% of the company's stock.
Analysts Set New Price Targets
A number of research firms recently weighed in on PATH. Morgan Stanley increased their price objective on UiPath from $15.00 to $19.00 and gave the company an "equal weight" rating in a report on Tuesday, December 9th. Truist Financial set a $17.00 price target on UiPath in a research note on Thursday, December 4th. BMO Capital Markets upped their target price on UiPath from $13.00 to $17.00 and gave the company a "market perform" rating in a report on Thursday, December 4th. Mizuho increased their target price on shares of UiPath from $14.00 to $15.00 and gave the company a "neutral" rating in a research report on Thursday, December 4th. Finally, Royal Bank Of Canada boosted their price target on shares of UiPath from $16.00 to $19.00 and gave the stock a "sector perform" rating in a research report on Wednesday, December 10th. One research analyst has rated the stock with a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $16.00.
Check Out Our Latest Report on PATH
UiPath Company Profile
(
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.
Read More
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].
