Lecap Asset Management Ltd. Sells 46,753 Shares of UiPath, Inc. $PATH

Lecap Asset Management Ltd. cut its position in UiPath, Inc. (NYSE:PATHFree Report) by 66.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,075 shares of the company’s stock after selling 46,753 shares during the period. Lecap Asset Management Ltd.’s holdings in UiPath were worth $308,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Versant Capital Management Inc boosted its holdings in UiPath by 198.6% in the 1st quarter. Versant Capital Management Inc now owns 2,962 shares of the company’s stock worth $31,000 after buying an additional 1,970 shares during the period. AdvisorNet Financial Inc grew its position in shares of UiPath by 320.4% during the second quarter. AdvisorNet Financial Inc now owns 2,476 shares of the company’s stock worth $32,000 after purchasing an additional 1,887 shares in the last quarter. CX Institutional purchased a new stake in shares of UiPath during the first quarter worth about $36,000. GAMMA Investing LLC raised 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 purchasing an additional 969 shares during the period. Finally, Brooklyn Investment Group raised its stake in UiPath by 314.3% during the 1st quarter. Brooklyn Investment Group now owns 4,508 shares of the company’s stock valued at $46,000 after purchasing an additional 3,420 shares during the period. Hedge funds and other institutional investors own 62.50% of the company’s stock.

Insider Buying and Selling

In other UiPath news, CEO Daniel Dines sold 122,733 shares of the stock in a transaction on Wednesday, September 17th. The shares were sold at an average price of $11.71, for a total transaction of $1,437,203.43. Following the completion of the transaction, the chief executive officer owned 2,454,667 shares in the company, valued at $28,744,150.57. This trade represents a 4.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders have sold a total of 1,470,202 shares of company stock worth $18,226,716 in the last three months. 23.19% of the stock is owned by company insiders.

UiPath Stock Performance

PATH opened at $12.90 on Friday. UiPath, Inc. has a fifty-two week low of $9.38 and a fifty-two week high of $15.93. The company has a fifty day moving average of $11.57 and a 200 day moving average of $11.85. The stock has a market capitalization of $6.85 billion, a price-to-earnings ratio of 429.83, a PEG ratio of 4.72 and a beta of 1.07.

UiPath (NYSE:PATHGet Free Report) last released its quarterly earnings data on Thursday, September 4th. The company reported $0.15 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 business had revenue of $361.73 million during the quarter, compared to analyst estimates of $347.36 million. During the same quarter last year, the business earned $0.04 earnings per share. UiPath’s quarterly 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. On average, equities research analysts forecast that UiPath, Inc. will post -0.17 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Wall Street Zen upgraded UiPath from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 6th. Needham & Company LLC restated a “hold” rating on shares of UiPath in a research report on Friday, September 5th. BMO Capital Markets raised their target price on shares of UiPath from $12.50 to $13.00 and gave the company a “market perform” rating in a research note on Thursday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of UiPath in a research note on Saturday, September 27th. Finally, Canaccord Genuity Group cut their target price on shares of UiPath from $16.00 to $15.00 and set a “buy” rating for the company in a research note on Monday, September 8th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, UiPath has an average rating of “Hold” and a consensus price target of $13.21.

Check Out Our Latest Stock Report on UiPath

UiPath Company Profile

(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.

Recommended Stories

Want to see what other hedge funds are holding PATH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for UiPath, Inc. (NYSE:PATHFree Report).

Institutional Ownership by Quarter for UiPath (NYSE:PATH)

Receive News & Ratings for UiPath Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UiPath and related companies with MarketBeat.com's FREE daily email newsletter.