Key Points
- CEO Daniel Dines sold 45,000 shares on Jan. 12 for $747,450, part of a series of roughly ten 45,000‑share sales since late December that reduced his stake by about 0.16%—he still holds ~28.16M shares valued near $468M.
- Stock and fundamentals: UiPath shares rose ~5.6% to about $17.23, trading above the 50‑ and 200‑day moving averages after a quarter that beat revenue ($411.1M) and EPS ($0.16), but analysts retain a consensus "Hold" with a $16 target and forecast negative EPS for the year.
UiPath, Inc. (NYSE:PATH - Get Free Report) CEO Daniel Dines sold 45,000 shares of UiPath stock in a transaction on Monday, January 12th. The stock was sold at an average price of $16.61, for a total value of $747,450.00. Following the sale, the chief executive officer owned 28,163,585 shares of the company's stock, valued at approximately $467,797,146.85. This trade represents a 0.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Daniel Dines also recently made the following trade(s):
- On Friday, January 9th, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $17.17, for a total transaction of $772,650.00.
- On Wednesday, January 7th, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $17.32, for a total transaction of $779,400.00.
- On Monday, January 5th, Daniel Dines sold 45,000 shares of UiPath stock. The shares were sold at an average price of $15.73, for a total transaction 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 stock was 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 shares were 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 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 stock was sold at an average price of $16.07, for a total value of $723,150.00.
UiPath Trading Up 5.6%
Shares of UiPath stock opened at $17.23 on Tuesday. The stock's fifty day moving average price is $15.67 and its 200-day moving average price is $13.85. The firm has a market cap of $9.21 billion, a P/E ratio of 41.03, a P/E/G ratio of 4.79 and a beta of 1.08. UiPath, Inc. has a 12 month low of $9.38 and a 12 month high of $19.84.
UiPath (NYSE:PATH - Get Free Report) last released its quarterly earnings data 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 company had revenue of $411.11 million during 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%. The firm's revenue for the quarter was up 15.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.11 earnings per share. Analysts forecast that UiPath, Inc. will post -0.17 earnings per share for the current year.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Evolution Wealth Advisors LLC purchased a new stake in UiPath in the fourth quarter valued at about $248,000. M.E. Allison & CO. Inc. acquired a new position in shares of UiPath during the fourth quarter valued at about $1,113,000. SG Americas Securities LLC raised its position in shares of UiPath by 384.8% in the 4th quarter. SG Americas Securities LLC now owns 584,957 shares of the company's stock valued at $9,587,000 after purchasing an additional 464,304 shares during the last quarter. Teamwork Financial Advisors LLC acquired a new stake in UiPath in the 4th quarter worth approximately $1,781,000. Finally, Wealth Enhancement Advisory Services LLC grew its position in UiPath by 7.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 76,887 shares of the company's stock worth $1,332,000 after purchasing an additional 5,632 shares during the last quarter. 62.50% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on PATH. Wall Street Zen lowered shares of UiPath from a "strong-buy" rating to a "buy" rating in a report on Saturday, December 6th. Wells Fargo & Company increased their target price on UiPath from $12.00 to $14.00 and gave the company an "equal weight" rating in a research report on Thursday, December 4th. Evercore ISI boosted their price target on UiPath from $15.00 to $17.00 and gave the stock an "in-line" rating in a research report on Thursday, December 4th. Canaccord Genuity Group raised their price objective on UiPath from $15.00 to $19.00 and gave the company a "buy" rating in a research report on Thursday, December 4th. Finally, Royal Bank Of Canada cut their target price on UiPath from $19.00 to $17.00 and set a "sector perform" rating on the stock in a research note on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, UiPath presently has a consensus rating of "Hold" and a consensus target price of $16.00.
Read Our Latest Stock 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. 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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