UiPath (NYSE:PATH) Trading 1.2% Higher – Should You Buy?

Shares of UiPath, Inc. (NYSE:PATH) shot up 1.2% on Tuesday . The stock traded as high as $14.53 and last traded at $14.3670. Approximately 9,693,359 shares were traded during mid-day trading, a decline of 34% from the average session volume of 14,783,225 shares. The stock had previously closed at $14.20.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on PATH. Canaccord Genuity Group reduced their price target on UiPath from $16.00 to $15.00 and set a “buy” rating for the company in a report on Monday, September 8th. DA Davidson initiated coverage on shares of UiPath in a research note on Friday, September 5th. They issued a “neutral” rating and a $12.00 target price for the company. Truist Financial dropped their price target on shares of UiPath from $13.00 to $12.00 and set a “hold” rating on the stock in a research note on Friday, September 5th. Zacks Research lowered shares of UiPath from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. Finally, BMO Capital Markets raised their target price on UiPath from $12.50 to $13.00 and gave the company a “market perform” rating in a report on Thursday, October 2nd. Two analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $13.71.

UiPath Stock Up 1.2%

The company has a 50-day moving average price of $13.98 and a 200-day moving average price of $12.81. The company has a market capitalization of $7.63 billion, a price-to-earnings ratio of 478.90, a P/E/G ratio of 5.29 and a beta of 1.09.

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

Insider Activity at UiPath

In other news, CEO Daniel Dines sold 45,000 shares of the firm’s stock in a transaction on Wednesday, November 5th. The shares were sold at an average price of $15.07, for a total value of $678,150.00. Following the sale, the chief executive officer 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 sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Hitesh Ramani sold 5,000 shares of the business’s stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $15.47, for a total transaction of $77,350.00. Following the transaction, the chief accounting officer directly owned 182,776 shares in the company, valued at $2,827,544.72. This trade represents a 2.66% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 2,319,002 shares of company stock valued at $34,094,875 over the last three months. 23.19% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Teacher Retirement System of Texas grew its position in UiPath by 83.4% during the first quarter. Teacher Retirement System of Texas now owns 78,485 shares of the company’s stock worth $808,000 after buying an additional 35,697 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of UiPath by 52.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 107,087 shares of the company’s stock worth $1,103,000 after acquiring an additional 36,674 shares during the period. Xponance Inc. grew its holdings in shares of UiPath by 2.0% during the 1st quarter. Xponance Inc. now owns 54,246 shares of the company’s stock worth $559,000 after purchasing an additional 1,054 shares in the last quarter. Edgestream Partners L.P. grew its holdings in shares of UiPath by 311.7% during the 1st quarter. Edgestream Partners L.P. now owns 802,046 shares of the company’s stock worth $8,261,000 after purchasing an additional 607,243 shares in the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd increased its position in shares of UiPath by 33.6% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 19,905 shares of the company’s stock valued at $205,000 after purchasing an additional 5,010 shares during the period. Institutional investors and hedge funds own 62.50% of the company’s stock.

About UiPath

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.