Insider Selling: UiPath (NYSE:PATH) CEO Sells 45,000 Shares of Stock

Key Points

  • UiPath CEO Daniel Dines sold 45,000 shares on Dec. 22 at an average of $16.49 for about $742,050, trimming his position by ~0.16% while still holding roughly 28.75 million shares valued near $474 million.
  • The Dec. 22 sale is one of many similar transactions — a string of 45,000-share sales since late October — signalling continued insider selling activity over recent weeks.
  • UiPath beat quarterly estimates with $0.16 EPS and $411.1M revenue, was added to the S&P MidCap 400, but analysts remain cautious with a consensus "Hold" and an average target price of $16.

UiPath, Inc. (NYSE:PATH - Get Free Report) CEO Daniel Dines sold 45,000 shares of the business's stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $16.49, for a total transaction of $742,050.00. Following the completion of the transaction, the chief executive officer owned 28,748,585 shares in the company, valued at $474,064,166.65. This represents a 0.16% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Daniel Dines also recently made the following trade(s):

  • On Friday, December 19th, Daniel Dines sold 45,000 shares of UiPath stock. The shares were sold at an average price of $16.07, for a total value of $723,150.00.
  • 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 value 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 value 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 stock was 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 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 transaction 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 transaction 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.

UiPath Stock Performance




PATH opened at $15.97 on Wednesday. The company has a market capitalization of $8.54 billion, a P/E ratio of 38.01, a PEG ratio of 5.05 and a beta of 1.10. The company has a 50-day moving average of $15.46 and a 200-day moving average of $13.44. UiPath, Inc. has a 1-year low of $9.38 and a 1-year high of $19.84.

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 the consensus estimate of $0.14 by $0.02. The business had revenue of $411.11 million for the quarter, compared to analysts' expectations of $392.46 million. UiPath had a net margin of 14.79% and a return on equity of 3.73%. The company's quarterly revenue was up 15.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.11 earnings per share. As a group, sell-side analysts expect that UiPath, Inc. will post -0.17 earnings per share for the current fiscal year.

Hedge Funds Weigh In On UiPath

Several hedge funds and other institutional investors have recently modified their holdings of the company. Invesco Ltd. lifted its position in UiPath by 18.8% in the 1st quarter. Invesco Ltd. now owns 454,849 shares of the company's stock valued at $4,685,000 after purchasing an additional 72,049 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of UiPath by 58.4% in the first quarter. Raymond James Financial Inc. now owns 686,278 shares of the company's stock valued at $7,069,000 after purchasing an additional 253,113 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of UiPath by 17.5% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 29,943 shares of the company's stock valued at $308,000 after purchasing an additional 4,458 shares during the period. Comerica Bank raised its holdings in shares of UiPath by 134.8% during the first quarter. Comerica Bank now owns 27,924 shares of the company's stock valued at $288,000 after buying an additional 16,030 shares during the last quarter. Finally, Virtus Advisers LLC acquired a new position in shares of UiPath during the first quarter worth approximately $135,000. Institutional investors and hedge funds own 62.50% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on PATH shares. Royal Bank Of Canada upped their price target on UiPath from $16.00 to $19.00 and gave the company a "sector perform" rating in a research report on Wednesday, December 10th. Weiss Ratings reiterated a "hold (c)" rating on shares of UiPath in a research note on Monday. Mizuho raised their price target on shares of UiPath from $14.00 to $15.00 and gave the stock a "neutral" rating in a research report on Thursday, December 4th. Needham & Company LLC reaffirmed a "hold" rating on shares of UiPath in a report on Thursday, December 4th. Finally, Canaccord Genuity Group increased their price objective on shares of UiPath from $15.00 to $19.00 and gave the stock a "buy" rating in a research note on Thursday, December 4th. One equities 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. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $16.00.

Check Out Our Latest Research Report on PATH

More UiPath News

Here are the key news stories impacting UiPath this week:

  • Positive Sentiment: Index inclusion: UiPath was added to the S&P MidCap 400, a development that typically triggers buying from index funds and ETFs tracking that benchmark and can support a higher trading level over coming weeks. UiPath stock rises after inclusion in S&P MidCap 400 index
  • Positive Sentiment: Earlier bullish flow: Reports on Dec. 22 flagged bullish options/stock flow that coincided with a near-term uptick (shares up ~3.9% in that session), indicating some investor conviction ahead of the index announcement. Bullish flow in UiPath with shares up 3.88%
  • Neutral Sentiment: Market-data snapshot: Recent articles track PATH’s share-price action and metrics (useful for context but not new fundamentals). These pieces summarize price moves and volume without new corporate developments. UiPath (PATH) share price
  • Negative Sentiment: Insider selling disclosed: CEO Daniel Dines sold 45,000 shares at an average ~ $16.49 (~$742k), a small percentage (~0.16%) of his holding but a visible insider sale that can prompt short-term investor caution. SEC filing is available. SEC filing for insider sale Insider Selling: UiPath CEO Sells $723,150 in Stock
  • Negative Sentiment: Mixed options/short-term flows: Coverage notes "mixed options sentiment" and a session where shares moved down ~4.9%, suggesting elevated volatility and possible short-term hedging or profit-taking that can push the stock down despite structural positives. Mixed options sentiment in UiPath with shares down 4.94%

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. 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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