UiPath, Inc. (NYSE:PATH – Get Free Report) CEO Daniel Dines sold 45,000 shares of the stock in a transaction on Friday, October 17th. The shares were sold at an average price of $15.62, for a total value of $702,900.00. Following the sale, the chief executive officer directly owned 29,873,585 shares in the company, valued at $466,625,397.70. This trade represents a 0.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
Daniel Dines also recently made the following trade(s):
- On Wednesday, October 15th, Daniel Dines sold 122,734 shares of UiPath stock. The stock was sold at an average price of $16.92, for a total value of $2,076,659.28.
- On Monday, October 13th, Daniel Dines sold 122,734 shares of UiPath stock. The shares were sold at an average price of $17.06, for a total value of $2,093,842.04.
- On Friday, October 10th, Daniel Dines sold 122,734 shares of UiPath stock. The shares were sold at an average price of $18.37, for a total value of $2,254,623.58.
- On Wednesday, October 8th, Daniel Dines sold 122,734 shares of UiPath stock. The shares were sold at an average price of $14.89, for a total transaction of $1,827,509.26.
- On Monday, October 6th, Daniel Dines sold 122,733 shares of UiPath stock. The shares were sold at an average price of $14.24, for a total transaction of $1,747,717.92.
- On Wednesday, October 1st, Daniel Dines sold 122,733 shares of UiPath stock. The stock was sold at an average price of $13.33, for a total transaction of $1,636,030.89.
- On Monday, September 29th, Daniel Dines sold 122,733 shares of UiPath stock. The stock was sold at an average price of $12.33, for a total transaction of $1,513,297.89.
- On Friday, September 26th, Daniel Dines sold 122,733 shares of UiPath stock. The shares were sold at an average price of $12.08, for a total transaction of $1,482,614.64.
- On Wednesday, September 24th, Daniel Dines sold 122,733 shares of UiPath stock. The stock was sold at an average price of $12.44, for a total transaction of $1,526,798.52.
- On Monday, September 22nd, Daniel Dines sold 122,733 shares of UiPath stock. The shares were sold at an average price of $12.20, for a total value of $1,497,342.60.
UiPath Price Performance
UiPath stock opened at $15.44 on Friday. UiPath, Inc. has a 1-year low of $9.38 and a 1-year high of $18.74. The business has a fifty day moving average price of $12.52 and a 200-day moving average price of $12.23. The stock has a market capitalization of $8.20 billion, a price-to-earnings ratio of 514.77, a PEG ratio of 5.71 and a beta of 1.07.
Institutional Trading of UiPath
A number of hedge funds have recently modified their holdings of the stock. Twin Peaks Wealth Advisors LLC purchased a new position in UiPath during the second quarter valued at approximately $28,000. AdvisorNet Financial Inc grew its stake in shares of UiPath by 320.4% during the 2nd quarter. AdvisorNet Financial Inc now owns 2,476 shares of the company’s stock worth $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% during the 2nd quarter. GAMMA Investing LLC now owns 2,989 shares of the company’s stock worth $38,000 after purchasing an additional 969 shares during the period. IFP Advisors Inc increased its holdings in shares of UiPath by 508.0% during the 2nd quarter. IFP Advisors Inc now owns 3,283 shares of the company’s stock valued at $42,000 after purchasing an additional 2,743 shares in the last quarter. Finally, Brooklyn Investment Group lifted its stake in shares of UiPath by 314.3% in 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.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on PATH shares. BMO Capital Markets raised their price target 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. Wall Street Zen upgraded UiPath from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 6th. Cowen reissued a “hold” rating on shares of UiPath in a report on Friday, September 5th. DA Davidson started coverage on UiPath in a research note on Friday, September 5th. They issued a “neutral” rating and a $12.00 price objective for the company. Finally, Zacks Research upgraded UiPath from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 8th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $13.21.
Check Out Our Latest Report on PATH
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.
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