Cowa LLC Cuts Stake in UiPath, Inc. $PATH

Cowa LLC lowered its stake in shares of UiPath, Inc. (NYSE:PATH) by 57.0% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 17,460 shares of the company’s stock after selling 23,156 shares during the quarter. Cowa LLC’s holdings in UiPath were worth $224,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PATH. AdvisorNet Financial Inc increased its holdings in UiPath by 320.4% in the 2nd quarter. AdvisorNet Financial Inc now owns 2,476 shares of the company’s stock valued at $32,000 after acquiring an additional 1,887 shares during the last quarter. GAMMA Investing LLC grew its position in shares of UiPath by 48.0% during the second quarter. GAMMA Investing LLC now owns 2,989 shares of the company’s stock valued at $38,000 after purchasing an additional 969 shares in the last quarter. IFP Advisors Inc increased its holdings in shares of UiPath by 508.0% in the second quarter. IFP Advisors Inc now owns 3,283 shares of the company’s stock worth $42,000 after purchasing an additional 2,743 shares during the last quarter. Bayforest Capital Ltd increased its holdings in shares of UiPath by 852.4% in the second quarter. Bayforest Capital Ltd now owns 4,143 shares of the company’s stock worth $53,000 after purchasing an additional 3,708 shares during the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in shares of UiPath in the second quarter worth about $55,000. Institutional investors own 62.50% of the company’s stock.

UiPath Stock Performance

PATH opened at $13.01 on Friday. The stock’s 50 day moving average price is $14.39 and its 200-day moving average price is $12.92. UiPath, Inc. has a one year low of $9.38 and a one year high of $18.74. The stock has a market cap of $6.91 billion, a price-to-earnings ratio of 433.67, a P/E/G ratio of 4.71 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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.08 by $0.07. The company 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%.UiPath’s revenue was up 14.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.04 EPS. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. As a group, analysts predict that UiPath, Inc. will post -0.17 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other UiPath news, CAO Hitesh Ramani sold 5,000 shares of the business’s stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $15.47, for a total value of $77,350.00. Following the completion of the sale, the chief accounting officer directly owned 182,776 shares of the company’s stock, valued at $2,827,544.72. The trade was a 2.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Daniel Dines sold 45,000 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer owned 29,288,585 shares in the company, valued at $441,378,975.95. This represents a 0.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,319,002 shares of company stock valued at $34,094,875 over the last three months. Insiders own 23.19% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on PATH. Zacks Research cut UiPath from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 4th. Canaccord Genuity Group lowered their target price on UiPath from $16.00 to $15.00 and set a “buy” rating for the company in a research report on Monday, September 8th. Cowen reissued a “hold” rating on shares of UiPath in a report on Friday, September 5th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of UiPath in a research note on Thursday, October 30th. Finally, Wall Street Zen upgraded shares of UiPath from a “buy” rating to a “strong-buy” rating in a research report on Saturday, November 15th. Two analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, UiPath has an average rating of “Hold” and an average price target of $13.71.

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.