UiPath (NYSE:PATH) Trading Down 1.1% – Here’s What Happened

UiPath, Inc. (NYSE:PATH)’s share price dropped 1.1% on Wednesday . The company traded as low as $13.90 and last traded at $14.2130. Approximately 15,278,576 shares were traded during trading, an increase of 3% from the average daily volume of 14,778,365 shares. The stock had previously closed at $14.37.

Wall Street Analyst Weigh In

PATH has been the topic of a number of recent research reports. Cowen reissued a “hold” rating on shares of UiPath in a report on Friday, September 5th. Needham & Company LLC restated a “hold” rating on shares of UiPath in a research report on Friday, September 5th. Weiss Ratings reiterated a “sell (d+)” rating on shares of UiPath in a research note on Thursday, October 30th. Wall Street Zen cut shares of UiPath from a “strong-buy” rating to a “buy” rating in a report on Saturday, October 25th. Finally, DA Davidson began coverage on UiPath in a report on Friday, September 5th. They issued a “neutral” rating and a $12.00 price objective on the stock. Two investment 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $13.71.

UiPath Trading Down 1.1%

The firm has a 50 day moving average of $14.04 and a two-hundred day moving average of $12.83. The stock has a market capitalization of $7.55 billion, a PE ratio of 473.77, a P/E/G ratio of 5.25 and a beta of 1.09.

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

Insider Activity

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

Hedge Funds Weigh In On UiPath

A number of hedge funds have recently made changes to their positions in PATH. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of UiPath during the second quarter valued at approximately $28,000. AdvisorNet Financial Inc grew its holdings in UiPath by 320.4% during the 2nd quarter. AdvisorNet Financial Inc now owns 2,476 shares of the company’s stock valued at $32,000 after purchasing an additional 1,887 shares in the last quarter. GAMMA Investing LLC increased its stake in UiPath by 48.0% during the 2nd quarter. GAMMA Investing LLC now owns 2,989 shares of the company’s stock worth $38,000 after buying an additional 969 shares during the period. IFP Advisors Inc increased its stake in UiPath by 508.0% during the 2nd quarter. IFP Advisors Inc now owns 3,283 shares of the company’s stock worth $42,000 after buying an additional 2,743 shares during the period. Finally, Bayforest Capital Ltd lifted its holdings in UiPath by 852.4% in the 2nd quarter. Bayforest Capital Ltd now owns 4,143 shares of the company’s stock worth $53,000 after buying an additional 3,708 shares in the last quarter. 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.