UiPath (NYSE:PATH) Raised to Strong-Buy at Wall Street Zen
Wall Street Zen upgraded UiPath (NYSE:PATH) from a "buy" rating to a "strong-buy" rating. Other analysts have mixed ratings, with some downgrading and others maintaining their ratings. UiPath's stock opened at $14.03 on Friday, with a market cap of $7.45 billion. Recent insider trading includes CEO Daniel Dines selling 45,000 shares. Institutional investors have also adjusted their positions in the company.
UiPath (NYSE:PATH - Get Free Report) was upgraded by Wall Street Zen from a "buy" rating to a "strong-buy" rating in a research note issued on Saturday.
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PATH has been the subject of a number of other research reports. Cowen reissued a "hold" rating on shares of UiPath in a research report on Friday, September 5th. DA Davidson initiated coverage on UiPath in a research note on Friday, September 5th. They issued a "neutral" rating and a $12.00 price objective on the stock. Canaccord Genuity Group cut their price objective on UiPath from $16.00 to $15.00 and set a "buy" rating for the company in a research report on Monday, September 8th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of UiPath in a report on Thursday, October 30th. Finally, Zacks Research downgraded UiPath from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, November 4th. Two equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, UiPath currently has an average rating of "Hold" and an average price target of $13.71.
Check Out Our Latest Report on UiPath
UiPath Stock Down 0.4%
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Shares of UiPath stock opened at $14.03 on Friday. UiPath has a 12-month low of $9.38 and a 12-month high of $18.74. The stock has a 50 day moving average price of $14.23 and a two-hundred day moving average price of $12.87. The stock has a market capitalization of $7.45 billion, a P/E ratio of 467.70, a PEG ratio of 5.21 and a beta of 1.09.
UiPath (NYSE:PATH - Get Free Report) last released its quarterly earnings results on Thursday, September 4th. The company reported $0.15 EPS for the quarter, beating analysts' consensus estimates of $0.08 by $0.07. The company had revenue of $361.73 million for the quarter, compared to analyst estimates of $347.36 million. UiPath had a net margin of 1.35% and a return on equity of 1.28%. The company's quarterly revenue was up 14.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.04 earnings per share. UiPath has set its FY 2026 guidance at EPS. Q3 2026 guidance at EPS. Sell-side analysts anticipate that UiPath will post -0.17 earnings per share for the current year.
Insider Buying and Selling
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In related news, CEO Daniel Dines sold 45,000 shares of the firm's stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $15.07, for a total value 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Hitesh Ramani sold 5,000 shares of UiPath stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $15.47, for a total transaction of $77,350.00. Following the sale, the chief accounting officer owned 182,776 shares in the company, valued at $2,827,544.72. This represents a 2.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,319,002 shares of company stock valued at $34,094,875 in the last quarter. Corporate insiders own 23.19% of the company's stock.
Institutional Trading of UiPath
Several institutional investors have recently made changes to their positions in PATH. Twin Peaks Wealth Advisors LLC acquired a new position in UiPath in the second quarter worth about $28,000. AdvisorNet Financial Inc grew its stake in shares of 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 purchasing an additional 1,887 shares during the period. GAMMA Investing LLC grew its stake in shares of 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 purchasing an additional 969 shares during the period. IFP Advisors Inc raised its holdings in shares of UiPath by 508.0% in 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 in the last quarter. Finally, Brooklyn Investment Group lifted its position in shares of UiPath by 314.3% during the 1st quarter. Brooklyn Investment Group now owns 4,508 shares of the company's stock worth $46,000 after buying an additional 3,420 shares during the period. 62.50% of the stock is currently owned by institutional investors and hedge funds.
UiPath Company Profile
(Get Free Report)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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