Key Points
- UiPath CEO Daniel Dines sold 45,000 shares on December 19 at an average price of $16.07 for $723,150, the latest in roughly 11 similar insider sales since October (≈495,000 shares); he still directly owns 28,793,585 shares, a 0.16% decrease in his position.
- Shares trade around $16 with a consensus analyst target of $16 and an average "Hold" rating, while UiPath recently beat quarterly EPS and revenue estimates—revenue rose 15.9% year‑over‑year.
UiPath, Inc. (NYSE:PATH - Get Free Report) CEO Daniel Dines sold 45,000 shares of the business's stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $16.07, for a total value of $723,150.00. Following the completion of the sale, the chief executive officer directly owned 28,793,585 shares in the company, valued at approximately $462,712,910.95. The trade was a 0.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Daniel Dines also recently made the following trade(s):
- On Wednesday, December 17th, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $16.11, for a total transaction of $724,950.00.
- 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 transaction of $778,500.00.
- 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 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 stock was sold at an average price of $19.21, for a total transaction 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 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 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 shares were sold at an average price of $16.29, for a total transaction 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 transaction of $752,850.00.
UiPath Stock Up 1.3%
Shares of NYSE PATH opened at $16.14 on Friday. The business has a 50-day moving average price of $15.48 and a 200 day moving average price of $13.39. The stock has a market cap of $8.63 billion, a PE ratio of 38.44, a price-to-earnings-growth ratio of 4.82 and a beta of 1.10. UiPath, Inc. has a 52-week low of $9.38 and a 52-week high of $19.84.
UiPath (NYSE:PATH - Get Free Report) last posted its quarterly earnings data on Wednesday, December 3rd. The company reported $0.16 EPS for the quarter, beating analysts' consensus estimates of $0.14 by $0.02. The company had revenue of $411.11 million for the quarter, compared to analyst estimates of $392.46 million. UiPath had a net margin of 14.79% and a return on equity of 3.73%. UiPath's quarterly revenue was up 15.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.11 earnings per share. Sell-side analysts anticipate that UiPath, Inc. will post -0.17 earnings per share for the current year.
Hedge Funds Weigh In On UiPath
Institutional investors have recently added to or reduced their stakes in the company. GAMMA Investing LLC grew its position in shares of UiPath by 48.0% during the second quarter. GAMMA Investing LLC now owns 2,989 shares of the company's stock worth $38,000 after buying an additional 969 shares in the last quarter. Covestor Ltd boosted its holdings in UiPath by 17.7% in the third quarter. Covestor Ltd now owns 6,522 shares of the company's stock worth $87,000 after purchasing an additional 981 shares during the period. Rockefeller Capital Management L.P. increased its stake in UiPath by 0.8% during the second quarter. Rockefeller Capital Management L.P. now owns 123,329 shares of the company's stock valued at $1,579,000 after purchasing an additional 1,033 shares during the last quarter. Wealthfront Advisers LLC raised its holdings in shares of UiPath by 3.6% during the third quarter. Wealthfront Advisers LLC now owns 32,886 shares of the company's stock worth $440,000 after purchasing an additional 1,149 shares during the period. Finally, State Board of Administration of Florida Retirement System lifted its position in shares of UiPath by 0.4% in the 2nd quarter. State Board of Administration of Florida Retirement System now owns 313,946 shares of the company's stock worth $4,019,000 after buying an additional 1,190 shares during the last quarter. Institutional investors and hedge funds own 62.50% of the company's stock.
Analysts Set New Price Targets
A number of research analysts have recently weighed in on the stock. Wells Fargo & Company raised 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, December 4th. BMO Capital Markets increased 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. Morgan Stanley boosted their price target on UiPath from $15.00 to $19.00 and gave the stock an "equal weight" rating in a report on Tuesday, December 9th. Barclays lifted their price objective on UiPath from $14.00 to $16.00 and gave the stock an "equal weight" rating in a research report on Thursday, December 4th. Finally, Truist Financial set a $17.00 target price on shares of UiPath in a research report on Thursday, December 4th. One analyst has rated the stock with a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $16.00.
Get Our Latest Stock Report on PATH
UiPath Company Profile
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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. Its platform's embedded AI, ML, and NLP capabilities improve decisioning and information processing; emulate human behavior allows organizations to address a myriad of use cases; emulate human behavior allows organizations to address a myriad of use cases; multi-tenant platform enterprise deployment with security and governance and Automation Cloud, which enables customers to begin automating without the need to provision infrastructure, install applications, or perform additional configurations; intuitive interface and low-code, drag-and-drop functionality; signed to enable people and automations to work together; and tracks, measures, and forecasts the performance of automations, enables customers to gain powerful insights and generate key performance indicators with actionable metric.
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