 UiPath, Inc. (NYSE:PATH – Get Free Report) CEO Daniel Dines sold 45,000 shares of the firm’s stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of $16.73, for a total value of $752,850.00. Following the completion of the transaction, the chief executive officer owned 29,603,585 shares in the company, valued at approximately $495,267,977.05. This trade represents a 0.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
UiPath, Inc. (NYSE:PATH – Get Free Report) CEO Daniel Dines sold 45,000 shares of the firm’s stock in a transaction that occurred on Monday, October 27th. The shares were sold at an average price of $16.73, for a total value of $752,850.00. Following the completion of the transaction, the chief executive officer owned 29,603,585 shares in the company, valued at approximately $495,267,977.05. This trade represents a 0.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 
Daniel Dines also recently made the following trade(s):
- On Wednesday, October 29th, Daniel Dines sold 45,000 shares of UiPath stock. The shares were sold at an average price of $16.29, for a total value of $733,050.00.
- On Friday, October 24th, Daniel Dines sold 45,000 shares of UiPath stock. The shares were sold at an average price of $15.46, for a total value of $695,700.00.
- On Wednesday, October 22nd, Daniel Dines sold 45,000 shares of UiPath stock. The shares were sold at an average price of $15.53, for a total value of $698,850.00.
- On Monday, October 20th, Daniel Dines sold 45,000 shares of UiPath stock. The shares were sold at an average price of $15.71, for a total value of $706,950.00.
- On Friday, October 17th, Daniel Dines sold 45,000 shares of UiPath stock. The shares were sold at an average price of $15.62, for a total value of $702,900.00.
- On Wednesday, October 15th, Daniel Dines sold 122,734 shares of UiPath stock. The shares were sold at an average price of $16.92, for a total value of $2,076,659.28.
- On Monday, October 13th, Daniel Dines sold 122,734 shares of UiPath stock. The shares were sold at an average price of $17.06, for a total value of $2,093,842.04.
- On Friday, October 10th, Daniel Dines sold 122,734 shares of UiPath stock. The shares were sold at an average price of $18.37, for a total value of $2,254,623.58.
- On Wednesday, October 8th, Daniel Dines sold 122,734 shares of UiPath stock. The shares were sold at an average price of $14.89, for a total value of $1,827,509.26.
- On Monday, October 6th, Daniel Dines sold 122,733 shares of UiPath stock. The stock was sold at an average price of $14.24, for a total value of $1,747,717.92.
UiPath Stock Performance
Shares of UiPath stock opened at $16.28 on Thursday. UiPath, Inc. has a one year low of $9.38 and a one year high of $18.74. The company has a market cap of $8.64 billion, a price-to-earnings ratio of 542.50, a PEG ratio of 5.98 and a beta of 1.07. The business’s 50 day moving average price is $13.36 and its 200 day moving average price is $12.56.
Institutional Investors Weigh In On UiPath
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Campbell & CO Investment Adviser LLC increased its stake in UiPath by 115.3% during the third quarter. Campbell & CO Investment Adviser LLC now owns 141,752 shares of the company’s stock worth $1,897,000 after acquiring an additional 75,927 shares during the last quarter. Wilmington Savings Fund Society FSB increased its stake in UiPath by 507.0% during the third quarter. Wilmington Savings Fund Society FSB now owns 7,502 shares of the company’s stock worth $100,000 after acquiring an additional 6,266 shares during the last quarter. Rakuten Securities Inc. grew its stake in shares of UiPath by 170.8% in the third quarter. Rakuten Securities Inc. now owns 9,275 shares of the company’s stock valued at $124,000 after buying an additional 5,850 shares in the last quarter. New York State Teachers Retirement System acquired a new stake in shares of UiPath in the third quarter valued at $535,000. Finally, Forum Financial Management LP acquired a new stake in shares of UiPath in the third quarter valued at $190,000. Institutional investors and hedge funds own 62.50% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages recently commented on PATH. Canaccord Genuity Group reduced their price objective on UiPath from $16.00 to $15.00 and set a “buy” rating on the stock in a research report on Monday, September 8th. Weiss Ratings reiterated a “sell (d)” rating on shares of UiPath in a research report on Wednesday, October 8th. UBS Group set a $17.00 price objective on UiPath and gave the stock a “neutral” rating in a research report on Thursday, October 23rd. Zacks Research upgraded UiPath from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 8th. Finally, Needham & Company LLC reissued a “hold” rating on shares of UiPath in a research note on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $13.71.
View Our Latest Research Report on UiPath
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.
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