UiPath (NYSE:PATH) Shares Down 3% After Insider Selling

UiPath, Inc. (NYSE:PATH) shares were down 3% on Thursday after an insider sold shares in the company. The company traded as low as $13.80 and last traded at $14.12. Approximately 17,689,167 shares traded hands during mid-day trading, an increase of 20% from the average daily volume of 14,790,536 shares. The stock had previously closed at $14.55.

Specifically, CEO Daniel Dines sold 45,000 shares of UiPath stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $15.07, for a total transaction of $678,150.00. Following the completion of the sale, the chief executive officer directly owned 29,288,585 shares in the company, valued at approximately $441,378,975.95. This trade represents a 0.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Daniel Dines sold 45,000 shares of UiPath stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $16.23, for a total value of $730,350.00. Following the sale, the chief executive officer owned 29,333,585 shares of the company’s stock, valued at approximately $476,084,084.55. This trade represents a 0.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In related news, CEO Daniel Dines sold 45,000 shares of UiPath stock in a transaction dated Friday, October 31st. The stock was sold at an average price of $15.72, for a total value of $707,400.00. Following the completion of the sale, the chief executive officer directly owned 29,423,585 shares in the company, valued at $462,538,756.20. The trade was a 0.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Canaccord Genuity Group decreased their price objective on UiPath from $16.00 to $15.00 and set a “buy” rating for the company in a report on Monday, September 8th. Cowen restated a “hold” rating on shares of UiPath in a report on Friday, September 5th. BMO Capital Markets lifted their price objective on UiPath from $12.50 to $13.00 and gave the company a “market perform” rating in a report on Thursday, October 2nd. Truist Financial decreased their price objective on UiPath from $13.00 to $12.00 and set a “hold” rating for the company in a report on Friday, September 5th. Finally, Zacks Research downgraded UiPath from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Two equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, UiPath has a consensus rating of “Hold” and a consensus target price of $13.71.

UiPath Price Performance

The firm has a market capitalization of $7.50 billion, a P/E ratio of 470.67, a P/E/G ratio of 5.28 and a beta of 1.09. The stock’s fifty day simple moving average is $13.79 and its 200 day simple moving average is $12.72.

UiPath (NYSE:PATH) last announced its earnings results on Thursday, September 4th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.07. The business had revenue of $361.73 million during the quarter, compared to the consensus estimate of $347.36 million. UiPath had a net margin of 1.35% and a return on equity of 1.28%. The firm’s revenue was up 14.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.04 earnings per share. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. As a group, sell-side analysts forecast that UiPath, Inc. will post -0.17 EPS for the current fiscal year.

Hedge Funds Weigh In On UiPath

A number of large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in UiPath by 3.0% in the first quarter. Vanguard Group Inc. now owns 48,061,096 shares of the company’s stock worth $495,029,000 after purchasing an additional 1,396,972 shares in the last quarter. TFG Asset Management GP Ltd grew its stake in shares of UiPath by 53.3% during the second quarter. TFG Asset Management GP Ltd now owns 13,722,244 shares of the company’s stock worth $175,645,000 after acquiring an additional 4,772,244 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of UiPath by 76.0% during the second quarter. AQR Capital Management LLC now owns 11,407,569 shares of the company’s stock worth $145,732,000 after acquiring an additional 4,926,341 shares during the last quarter. Federated Hermes Inc. grew its stake in shares of UiPath by 40.7% during the second quarter. Federated Hermes Inc. now owns 8,048,321 shares of the company’s stock worth $103,019,000 after acquiring an additional 2,328,225 shares during the last quarter. Finally, State Street Corp grew its stake in shares of UiPath by 5.0% during the second quarter. State Street Corp now owns 8,032,345 shares of the company’s stock worth $102,814,000 after acquiring an additional 378,851 shares during the last quarter. 62.50% of the stock is currently owned by institutional investors.

UiPath Company Profile

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.