Moloney Securities Asset Management LLC Sells 60,350 Shares of UiPath, Inc. $PATH

Moloney Securities Asset Management LLC lessened its holdings in shares of UiPath, Inc. (NYSE:PATH) by 71.8% during the 2nd quarter, HoldingsChannel reports. The firm owned 23,675 shares of the company’s stock after selling 60,350 shares during the period. Moloney Securities Asset Management LLC’s holdings in UiPath were worth $303,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC lifted its stake in UiPath by 48.0% in the 2nd quarter. GAMMA Investing LLC now owns 2,989 shares of the company’s stock valued at $38,000 after acquiring an additional 969 shares in the last quarter. Xponance Inc. lifted its stake in UiPath by 2.0% in the 1st quarter. Xponance Inc. now owns 54,246 shares of the company’s stock valued at $559,000 after acquiring an additional 1,054 shares in the last quarter. Covestor Ltd lifted its stake in UiPath by 13.1% in the 1st quarter. Covestor Ltd now owns 11,070 shares of the company’s stock valued at $114,000 after acquiring an additional 1,283 shares in the last quarter. CX Institutional lifted its stake in UiPath by 43.3% in the 2nd quarter. CX Institutional now owns 5,014 shares of the company’s stock valued at $64,000 after acquiring an additional 1,515 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in UiPath by 2.3% in the 1st quarter. Cetera Investment Advisers now owns 74,696 shares of the company’s stock valued at $769,000 after acquiring an additional 1,652 shares in the last quarter. Institutional investors and hedge funds own 62.50% of the company’s stock.

UiPath Stock Up 6.6%

NYSE:PATH opened at $16.45 on Friday. The firm has a market capitalization of $8.74 billion, a price-to-earnings ratio of 548.43, a price-to-earnings-growth ratio of 6.10 and a beta of 1.07. UiPath, Inc. has a twelve month low of $9.38 and a twelve month high of $18.74. The stock’s 50 day moving average price is $13.03 and its two-hundred day moving average price is $12.43.

UiPath (NYSE:PATH) last posted its earnings results on Thursday, September 4th. The company reported $0.15 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.07. The business had revenue of $361.73 million for the quarter, compared to analyst estimates 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 period in the previous year, the firm earned $0.04 EPS. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. As a group, analysts anticipate that UiPath, Inc. will post -0.17 earnings per share for the current year.

Analysts Set New Price Targets

PATH has been the topic of several research reports. Zacks Research upgraded UiPath from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 8th. Wall Street Zen cut UiPath from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Needham & Company LLC restated a “hold” rating on shares of UiPath in a research note on Friday, September 5th. Canaccord Genuity Group lowered their price target on UiPath from $16.00 to $15.00 and set a “buy” rating on the stock in a research report on Monday, September 8th. Finally, Cowen reaffirmed a “hold” rating on shares of UiPath in a research report on Friday, September 5th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, UiPath has an average rating of “Hold” and a consensus price target of $13.71.

Insider Buying and Selling

In related news, CEO Daniel Dines sold 122,734 shares of the business’s stock in a transaction that occurred on Wednesday, October 8th. The stock was sold at an average price of $14.89, for a total transaction of $1,827,509.26. Following the transaction, the chief executive officer directly owned 613,670 shares of the company’s stock, valued at approximately $9,137,546.30. The trade was a 16.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Ashim Gupta sold 240,874 shares of the business’s stock in a transaction that occurred on Thursday, October 9th. The stock was sold at an average price of $17.28, for a total value of $4,162,302.72. Following the transaction, the chief financial officer directly owned 696,117 shares in the company, valued at $12,028,901.76. The trade was a 25.71% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 2,193,990 shares of company stock worth $31,702,831 over the last three months. 23.19% of the stock is owned by insiders.

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.