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

Shares of UiPath, Inc. (NYSE:PATH) dropped 1.1% during mid-day trading on Wednesday . The stock 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.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Cowen reiterated a “hold” rating on shares of UiPath in a research note on Friday, September 5th. DA Davidson initiated coverage on shares of UiPath in a report on Friday, September 5th. They issued a “neutral” rating and a $12.00 price target on the stock. BMO Capital Markets raised their price objective on shares of UiPath from $12.50 to $13.00 and gave the stock a “market perform” rating in a report on Thursday, October 2nd. Weiss Ratings restated a “sell (d+)” rating on shares of UiPath in a research note on Thursday, October 30th. Finally, Wall Street Zen downgraded UiPath from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 25th. Two investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, UiPath has an average rating of “Hold” and an average price target of $13.71.

UiPath Stock Performance

The stock has a 50 day moving average of $14.04 and a 200 day moving average of $12.83. The stock has a market capitalization of $7.55 billion, a P/E ratio of 473.77, a P/E/G ratio of 5.25 and a beta of 1.09.

UiPath (NYSE:PATH) last announced its quarterly earnings results on Thursday, September 4th. The company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.07. UiPath had a net margin of 1.35% and a return on equity of 1.28%. The company had revenue of $361.73 million during the quarter, compared to the consensus estimate of $347.36 million. During the same quarter in the previous year, the company posted $0.04 earnings per share. The company’s revenue for the quarter 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. On average, research analysts anticipate 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 UiPath stock in a transaction that occurred on Wednesday, November 5th. The stock was sold at an average price of $15.07, for a total transaction of $678,150.00. Following the sale, the chief executive officer owned 29,288,585 shares of the company’s stock, valued at approximately $441,378,975.95. The trade was a 0.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CAO Hitesh Ramani sold 5,000 shares of the 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 completion of the transaction, the chief accounting officer directly owned 182,776 shares of the company’s stock, valued at $2,827,544.72. This trade represents a 2.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 2,319,002 shares of company stock worth $34,094,875 in the last 90 days. 23.19% of the stock is owned by company insiders.

Institutional Investors Weigh In On UiPath

Several institutional investors have recently bought and sold shares of PATH. 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 valued at $38,000 after buying an additional 969 shares during the period. Covestor Ltd boosted its holdings in shares of UiPath by 17.7% in the third quarter. Covestor Ltd now owns 6,522 shares of the company’s stock valued at $87,000 after acquiring an additional 981 shares in the last quarter. Rockefeller Capital Management L.P. grew its holdings in UiPath by 0.8% during the second quarter. Rockefeller Capital Management L.P. now owns 123,329 shares of the company’s stock worth $1,579,000 after acquiring an additional 1,033 shares during the period. Xponance Inc. raised its position in UiPath by 2.0% in the first quarter. Xponance Inc. now owns 54,246 shares of the company’s stock worth $559,000 after acquiring an additional 1,054 shares in the last quarter. Finally, Wealthfront Advisers LLC lifted its holdings in UiPath by 3.6% in the 3rd quarter. Wealthfront Advisers LLC now owns 32,886 shares of the company’s stock valued at $440,000 after acquiring an additional 1,149 shares during the last quarter. Institutional investors and hedge funds own 62.50% of the company’s stock.

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.