Police & Firemen s Retirement System of New Jersey lifted its position in shares of UiPath, Inc. (NYSE:PATH – Free Report) by 4.9% in the 2nd quarter, Holdings Channel reports. The fund owned 164,651 shares of the company’s stock after buying an additional 7,649 shares during the quarter. Police & Firemen s Retirement System of New Jersey’s holdings in UiPath were worth $2,108,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in PATH. AdvisorNet Financial Inc lifted its holdings in UiPath by 320.4% during the second 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 last quarter. GAMMA Investing LLC lifted 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 valued at $38,000 after buying an additional 969 shares in the last quarter. IFP Advisors Inc boosted its holdings in 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 during the period. Bayforest Capital Ltd grew its stake in UiPath by 852.4% in the 2nd quarter. Bayforest Capital Ltd now owns 4,143 shares of the company’s stock valued at $53,000 after buying an additional 3,708 shares in the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in UiPath during the 2nd quarter valued at $55,000. 62.50% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts have recently commented on PATH shares. Truist Financial cut their price target on UiPath from $13.00 to $12.00 and set a “hold” rating for the company in a report on Friday, September 5th. Zacks Research downgraded UiPath from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 4th. UBS Group set a $17.00 price target on UiPath and gave the company a “neutral” rating in a research report on Thursday, October 23rd. Weiss Ratings reissued a “sell (d+)” rating on shares of UiPath in a report on Thursday, October 30th. Finally, Needham & Company LLC reaffirmed a “hold” rating on shares of UiPath in a research note on Friday, September 5th. Two equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $13.71.
UiPath Trading Down 1.9%
Shares of PATH opened at $13.48 on Thursday. UiPath, Inc. has a 12-month low of $9.38 and a 12-month high of $18.74. The company has a market cap of $7.16 billion, a PE ratio of 449.17, a price-to-earnings-growth ratio of 5.08 and a beta of 1.09. The stock has a 50-day moving average price of $14.34 and a 200-day moving average price of $12.91.
UiPath (NYSE:PATH – Get Free Report) last posted its quarterly earnings data on Thursday, September 4th. The company reported $0.15 earnings per share for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $347.36 million. During the same period in the prior year, the business earned $0.04 earnings per share. UiPath’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. As a group, analysts predict that UiPath, Inc. will post -0.17 earnings per share for the current year.
Insider Buying and Selling at UiPath
In other UiPath news, CEO Daniel Dines sold 45,000 shares of the firm’s stock in a transaction dated 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 in the company, valued at $441,378,975.95. This trade represents a 0.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Hitesh Ramani sold 5,000 shares of UiPath stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $15.47, for a total value of $77,350.00. Following the sale, the chief accounting officer directly owned 182,776 shares of the company’s stock, valued at approximately $2,827,544.72. This trade represents a 2.66% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 2,319,002 shares of company stock worth $34,094,875. Corporate insiders own 23.19% of the company’s stock.
UiPath 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.
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