UiPath, Inc. (NYSE:PATH - Get Free Report) CEO Daniel Dines sold 45,000 shares of the stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $15.01, for a total transaction of $675,450.00. Following the completion of the transaction, the chief executive officer owned 27,893,585 shares in the company, valued at $418,682,710.85. This represents a 0.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Daniel Dines also recently made the following trade(s):
- On Thursday, January 22nd, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $15.02, for a total transaction of $675,900.00.
- On Wednesday, January 14th, Daniel Dines sold 45,000 shares of UiPath stock. The shares were sold at an average price of $15.68, for a total value of $705,600.00.
- On Monday, January 12th, Daniel Dines sold 45,000 shares of UiPath stock. The stock was sold at an average price of $16.61, for a total value of $747,450.00.
- 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 value of $772,650.00.
- 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 value 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 value 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 shares were sold at an average price of $16.90, for a total transaction of $760,500.00.
UiPath Stock Performance
Shares of NYSE:PATH opened at $14.91 on Tuesday. The company has a 50 day moving average price of $15.80 and a two-hundred day moving average price of $13.98. The company has a market capitalization of $7.97 billion, a PE ratio of 35.50, a PEG ratio of 4.34 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 announced its quarterly earnings results on Wednesday, December 3rd. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.02. UiPath had a net margin of 14.79% and a return on equity of 3.73%. The company had revenue of $411.11 million during the quarter, compared to analyst estimates of $392.46 million. During the same quarter in the previous year, the business earned $0.11 EPS. The firm's revenue was up 15.9% on a year-over-year basis. On average, sell-side analysts forecast that UiPath, Inc. will post -0.17 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on PATH shares. Morgan Stanley raised their price target on UiPath from $15.00 to $19.00 and gave the stock an "equal weight" rating in a research report on Tuesday, December 9th. TD Cowen restated a "hold" rating on shares of UiPath in a report on Thursday, December 4th. Truist Financial set a $17.00 price target on shares of UiPath in a research note on Thursday, December 4th. Wall Street Zen downgraded shares of UiPath from a "strong-buy" rating to a "buy" rating in a research report on Saturday, December 6th. Finally, Mizuho raised their price objective on shares of UiPath from $14.00 to $15.00 and gave the stock a "neutral" rating in a report on Thursday, December 4th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $16.00.
Check Out Our Latest Stock Analysis on PATH
Institutional Trading of UiPath
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Hudson Bay Capital Management LP bought a new stake in shares of UiPath in the second quarter worth $102,559,000. Norges Bank bought a new stake in UiPath during the 2nd quarter worth about $68,451,000. AQR Capital Management LLC lifted its position in 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 buying an additional 4,926,341 shares in the last quarter. TFG Asset Management GP Ltd boosted its stake in shares of UiPath by 53.3% during the 2nd quarter. TFG Asset Management GP Ltd now owns 13,722,244 shares of the company's stock worth $175,645,000 after buying an additional 4,772,244 shares during the last quarter. Finally, Nomura Holdings Inc. bought a new position in shares of UiPath in the 2nd quarter valued at about $59,561,000. 62.50% of the stock is currently 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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