Insider Selling: UiPath (NYSE:PATH) CEO Sells $707,850.00 in Stock

UiPath, Inc. (NYSE:PATHGet Free Report) CEO Daniel Dines sold 45,000 shares of the business’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $15.73, for a total transaction of $707,850.00. Following the completion of the transaction, the chief executive officer owned 28,343,585 shares of the company’s stock, valued at $445,844,592.05. 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 available through this hyperlink.

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

  • 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 value of $779,400.00.
  • On Friday, January 2nd, Daniel Dines sold 45,000 shares of UiPath stock. The shares were 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 shares were 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 transaction 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 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.
  • 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.

UiPath Stock Up 2.7%

Shares of NYSE PATH opened at $17.81 on Thursday. UiPath, Inc. has a twelve month low of $9.38 and a twelve month high of $19.84. The stock has a market cap of $9.52 billion, a price-to-earnings ratio of 42.39, a P/E/G ratio of 5.08 and a beta of 1.08. The company’s fifty day moving average is $15.61 and its 200-day moving average is $13.75.

UiPath (NYSE:PATHGet Free Report) last posted its earnings results on Wednesday, December 3rd. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.02. UiPath had a return on equity of 3.73% and a net margin of 14.79%.The business had revenue of $411.11 million during the quarter, compared to analysts’ expectations of $392.46 million. During the same period in the prior year, the business earned $0.11 EPS. UiPath’s revenue for the quarter was up 15.9% compared to the same quarter last year. On average, research analysts anticipate that UiPath, Inc. will post -0.17 EPS for the current fiscal year.

Key Headlines Impacting UiPath

Here are the key news stories impacting UiPath this week:

Institutional Investors Weigh In On UiPath

Hedge funds have recently bought and sold shares of the company. Noble Wealth Management PBC bought a new stake in UiPath in the fourth quarter valued at approximately $25,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of UiPath during the 2nd quarter worth approximately $28,000. AdvisorNet Financial Inc increased its holdings in shares of UiPath by 320.4% during the 2nd quarter. AdvisorNet Financial Inc now owns 2,476 shares of the company’s stock worth $32,000 after acquiring an additional 1,887 shares during the last quarter. GAMMA Investing LLC raised its stake in UiPath by 48.0% in the 2nd quarter. GAMMA Investing LLC now owns 2,989 shares of the company’s stock valued at $38,000 after acquiring an additional 969 shares during the period. Finally, IFP Advisors Inc lifted its holdings in UiPath by 508.0% during the 2nd quarter. IFP Advisors Inc now owns 3,283 shares of the company’s stock valued at $42,000 after purchasing an additional 2,743 shares during the last quarter. 62.50% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently commented on PATH shares. Canaccord Genuity Group increased 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. Mizuho increased their price objective on shares of UiPath from $14.00 to $15.00 and gave the stock a “neutral” rating in a research note on Thursday, December 4th. Morgan Stanley raised their price objective on UiPath from $15.00 to $19.00 and gave the company an “equal weight” rating in a report on Tuesday, December 9th. Truist Financial set a $17.00 target price on UiPath in a report on Thursday, December 4th. Finally, Wall Street Zen cut UiPath from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 6th. One equities 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, UiPath currently has a consensus rating of “Hold” and a consensus target price of $15.85.

View Our Latest Stock Analysis on UiPath

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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Insider Buying and Selling by Quarter for UiPath (NYSE:PATH)

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