Key Points
- CEO Daniel Dines sold 45,000 shares on Jan. 5 at an average price of $15.73 for $707,850, part of a series of repeated 45,000-share sales across December and early January.
- Following the trades Dines still directly owns 28,388,585 shares—valued at about $446.6 million—which represents a 0.16% reduction in his position.
- UiPath stock trades near $16 (market cap ~$8.57B) and recently posted a quarter that beat EPS and revenue with 15.9% revenue growth, while analysts have a consensus "Hold" rating and a $15.85 target.
UiPath, Inc. (NYSE:PATH - Get Free Report) CEO Daniel Dines sold 45,000 shares of the stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $15.73, for a total transaction of $707,850.00. Following the transaction, the chief executive officer directly owned 28,388,585 shares of the company's stock, valued at $446,552,442.05. This trade represents a 0.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Daniel Dines also recently made the following trade(s):
- On Friday, January 2nd, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $16.38, for a total value of $737,100.00.
- On Wednesday, December 31st, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $16.55, for a total value of $744,750.00.
- On Monday, December 29th, Daniel Dines sold 45,000 shares of UiPath stock. The shares were sold at an average price of $16.44, for a total value of $739,800.00.
- On Friday, December 26th, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $16.90, for a total value of $760,500.00.
- On Wednesday, December 24th, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $16.91, for a total value of $760,950.00.
- On Monday, December 22nd, Daniel Dines sold 45,000 shares of UiPath stock. The shares were sold at an average price of $16.49, for a total value of $742,050.00.
- 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 transaction 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 transaction of $724,950.00.
- On Monday, December 15th, Daniel Dines sold 45,000 shares of UiPath stock. The shares were 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 transaction of $805,950.00.
UiPath Stock Up 0.9%
UiPath stock opened at $16.02 on Tuesday. The company's 50-day moving average price is $15.56 and its 200-day moving average price is $13.69. The company has a market cap of $8.57 billion, a PE ratio of 38.15, a price-to-earnings-growth ratio of 4.80 and a beta of 1.08. UiPath, Inc. has a twelve month low of $9.38 and a twelve month high of $19.84.
UiPath (NYSE:PATH - Get Free Report) last announced its quarterly earnings results on Wednesday, December 3rd. The company reported $0.16 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $392.46 million. During the same quarter last year, the firm earned $0.11 EPS. The firm's revenue for the quarter was up 15.9% compared to the same quarter last year. As a group, sell-side analysts expect that UiPath, Inc. will post -0.17 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
Several analysts recently weighed in on PATH shares. Mizuho increased their price target on UiPath from $14.00 to $15.00 and gave the company a "neutral" rating in a report on Thursday, December 4th. Needham & Company LLC reissued a "hold" rating on shares of UiPath in a research note on Thursday, December 4th. Canaccord Genuity Group raised their target price on shares of UiPath from $15.00 to $19.00 and gave the stock a "buy" rating in a report on Thursday, December 4th. UBS Group reaffirmed a "neutral" rating on shares of UiPath in a research note on Thursday, December 4th. Finally, Weiss Ratings reissued a "hold (c)" rating on shares of UiPath in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, UiPath presently has a consensus rating of "Hold" and a consensus target price of $15.85.
Read Our Latest Analysis on PATH
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. grew its stake in UiPath by 4.9% in the 3rd quarter. Vanguard Group Inc. now owns 47,895,884 shares of the company's stock worth $640,847,000 after acquiring an additional 2,251,434 shares in the last quarter. TFG Asset Management GP Ltd boosted its holdings in shares of UiPath by 53.3% in the second quarter. TFG Asset Management GP Ltd now owns 13,722,244 shares of the company's stock valued at $175,645,000 after purchasing an additional 4,772,244 shares during the period. AQR Capital Management LLC boosted its holdings in shares of UiPath by 76.0% in the second quarter. AQR Capital Management LLC now owns 11,407,569 shares of the company's stock valued at $145,732,000 after purchasing an additional 4,926,341 shares during the period. Federated Hermes Inc. grew its stake in UiPath by 40.7% in the second quarter. Federated Hermes Inc. now owns 8,048,321 shares of the company's stock worth $103,019,000 after purchasing an additional 2,328,225 shares in the last quarter. Finally, State Street Corp increased its holdings in UiPath by 5.0% during the 2nd quarter. State Street Corp now owns 8,032,345 shares of the company's stock worth $102,814,000 after purchasing an additional 378,851 shares during the period. 62.50% of the stock is currently owned by institutional investors.
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. 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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