Key Points
- Daniel Dines sold 45,000 UiPath shares on Jan. 9 at an average price of $17.17 for $772,650, leaving him with 28,208,585 shares (a 0.16% ownership decline) valued at about $484.34M.
- He has repeatedly sold 45,000-share blocks between Dec. 17 and Jan. 9 at prices ranging from $15.73 to $17.32, signalling sustained insider selling over the period.
- UiPath snapshot: shares opened at $16.32 (down 3.3%), market cap ~$8.73B; latest quarter beat EPS estimates ($0.16 vs. $0.14) with revenue $411.1M (+15.9% YoY), and analysts hold a consensus "Hold" rating with a $15.85 target.
UiPath, Inc. (NYSE:PATH - Get Free Report) CEO Daniel Dines sold 45,000 shares of UiPath stock in a transaction on Friday, January 9th. The shares were sold at an average price of $17.17, for a total value of $772,650.00. Following the transaction, the chief executive officer owned 28,208,585 shares in the company, valued at approximately $484,341,404.45. This trade represents a 0.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Daniel Dines also recently made the following trade(s):
- On Wednesday, January 7th, Daniel Dines sold 45,000 shares of UiPath stock. The shares were sold at an average price of $17.32, for a total value of $779,400.00.
- On Monday, January 5th, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $15.73, for a total value of $707,850.00.
- 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 transaction of $737,100.00.
- On Wednesday, December 31st, Daniel Dines sold 45,000 shares of UiPath stock. The shares were sold at an average price of $16.55, for a total transaction of $744,750.00.
- On Monday, December 29th, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $16.44, for a total transaction 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 transaction 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 transaction of $760,950.00.
- On Monday, December 22nd, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $16.49, for a total transaction 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 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.
UiPath Stock Down 3.3%
Shares of NYSE PATH opened at $16.32 on Friday. The stock's fifty day simple moving average is $15.64 and its 200 day simple moving average is $13.80. The stock has a market capitalization of $8.73 billion, a price-to-earnings ratio of 38.86, a PEG ratio of 4.95 and a beta of 1.08. 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 issued its quarterly 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. The firm had revenue of $411.11 million for the quarter, compared to analysts' expectations of $392.46 million. UiPath had a return on equity of 3.73% and a net margin of 14.79%.UiPath's revenue was up 15.9% on a year-over-year basis. During the same quarter last year, the business posted $0.11 EPS. As a group, analysts anticipate that UiPath, Inc. will post -0.17 earnings per share for the current year.
Analysts Set New Price Targets
Several analysts have issued reports on the stock. Mizuho boosted their target price on shares of UiPath from $14.00 to $15.00 and gave the company a "neutral" rating in a research note on Thursday, December 4th. Cowen reissued a "hold" rating on shares of UiPath in a research report on Thursday, December 4th. Wall Street Zen lowered UiPath from a "strong-buy" rating to a "buy" rating in a research report on Saturday, December 6th. DA Davidson lifted their target price on UiPath from $12.00 to $15.00 and gave the company a "neutral" rating in a research note on Thursday, December 4th. Finally, Canaccord Genuity Group increased their price target on shares of UiPath from $15.00 to $19.00 and gave the stock a "buy" rating in a research report on Thursday, December 4th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, UiPath currently has an average rating of "Hold" and a consensus price target of $15.85.
Get Our Latest Stock Analysis on UiPath
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of UiPath by 4.9% in the 3rd quarter. Vanguard Group Inc. now owns 47,895,884 shares of the company's stock valued at $640,847,000 after buying an additional 2,251,434 shares in the last quarter. TFG Asset Management GP Ltd lifted its stake in 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 acquiring an additional 4,772,244 shares during the last quarter. AQR Capital Management LLC increased its stake in shares of UiPath by 76.0% during the 2nd quarter. AQR Capital Management LLC now owns 11,407,569 shares of the company's stock worth $145,732,000 after purchasing an additional 4,926,341 shares during the last quarter. Federated Hermes Inc. raised its holdings in shares of UiPath by 40.7% during the 2nd quarter. Federated Hermes Inc. now owns 8,048,321 shares of the company's stock valued at $103,019,000 after purchasing an additional 2,328,225 shares in the last quarter. Finally, State Street Corp raised its holdings in shares of UiPath by 5.0% during the 2nd quarter. State Street Corp now owns 8,032,345 shares of the company's stock valued at $102,814,000 after purchasing an additional 378,851 shares in the last quarter. 62.50% of the stock is owned by institutional investors and hedge funds.
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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