UiPath Inc. (NYSE:PATH – Free Report) – Stock analysts at Scotiabank boosted their FY2025 earnings estimates for UiPath in a research report issued on Wednesday, January 8th. Scotiabank analyst N. Altmann now forecasts that the company will post earnings of ($0.18) per share for the year, up from their prior forecast of ($0.24). The consensus estimate for UiPath’s current full-year earnings is ($0.18) per share.
Several other equities research analysts have also weighed in on PATH. Needham & Company LLC reiterated a “hold” rating on shares of UiPath in a research note on Thursday, December 19th. Wells Fargo & Company cut their price target on UiPath from $15.00 to $13.00 and set an “equal weight” rating on the stock in a report on Wednesday, October 23rd. Barclays lowered their price objective on UiPath from $16.00 to $15.00 and set an “equal weight” rating for the company in a research note on Friday, January 10th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $16.00 target price on shares of UiPath in a research note on Friday, December 6th. Finally, UBS Group began coverage on shares of UiPath in a research report on Thursday, December 12th. They set a “sell” rating and a $14.00 price target for the company. One research analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $17.44.
UiPath Stock Performance
Shares of NYSE:PATH opened at $13.31 on Monday. The company’s fifty day moving average is $13.59 and its two-hundred day moving average is $12.78. UiPath has a 1-year low of $10.37 and a 1-year high of $27.87. The stock has a market capitalization of $7.32 billion, a price-to-earnings ratio of -83.19 and a beta of 0.96.
Insider Buying and Selling at UiPath
In related news, CFO Ashim Gupta sold 47,227 shares of the stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $13.06, for a total transaction of $616,784.62. Following the completion of the sale, the chief financial officer now directly owns 856,538 shares of the company’s stock, valued at $11,186,386.28. This represents a 5.23 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Hitesh Ramani sold 25,000 shares of UiPath stock in a transaction that occurred on Friday, January 3rd. The stock was sold at an average price of $13.05, for a total transaction of $326,250.00. Following the completion of the transaction, the chief accounting officer now owns 269,421 shares in the company, valued at approximately $3,515,944.05. This trade represents a 8.49 % decrease in their position. The disclosure for this sale can be found here. 22.37% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On UiPath
A number of institutional investors have recently bought and sold shares of PATH. 180 Wealth Advisors LLC lifted its stake in UiPath by 4.0% during the fourth quarter. 180 Wealth Advisors LLC now owns 485,354 shares of the company’s stock valued at $6,169,000 after buying an additional 18,493 shares in the last quarter. Pallas Capital Advisors LLC lifted its position in shares of UiPath by 9.7% in the 4th quarter. Pallas Capital Advisors LLC now owns 64,109 shares of the company’s stock valued at $815,000 after acquiring an additional 5,661 shares in the last quarter. Claro Advisors LLC acquired a new position in UiPath in the 4th quarter worth approximately $142,000. Diversified Trust Co acquired a new stake in UiPath during the 4th quarter valued at $715,000. Finally, Everence Capital Management Inc. purchased a new stake in shares of UiPath in the fourth quarter valued at $241,000. Hedge funds and other institutional investors 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.
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