UiPath Inc. (NYSE:PATH – Free Report) – Stock analysts at Scotiabank increased their FY2025 earnings estimates for UiPath in a research note issued to investors on Wednesday, January 8th. Scotiabank analyst N. Altmann now anticipates that the company will post earnings of ($0.18) per share for the year, up from their prior estimate of ($0.24). The consensus estimate for UiPath’s current full-year earnings is ($0.18) per share.
A number of other equities analysts have also recently weighed in on PATH. Wells Fargo & Company cut their price target on UiPath from $15.00 to $13.00 and set an “equal weight” rating for the company in a report on Wednesday, October 23rd. JPMorgan Chase & Co. raised their price target on shares of UiPath from $17.00 to $18.00 and gave the stock an “overweight” rating in a research note on Friday, December 6th. BMO Capital Markets boosted their price objective on shares of UiPath from $15.00 to $16.00 and gave the company a “market perform” rating in a research report on Friday, December 6th. UBS Group initiated coverage on shares of UiPath in a research report on Thursday, December 12th. They set a “sell” rating and a $14.00 target price on the stock. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $16.00 price target on shares of UiPath in a report on Friday, December 6th. One investment analyst has rated the stock with a sell rating, sixteen have given a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $17.44.
UiPath Trading Up 3.7 %
Shares of UiPath stock opened at $13.31 on Monday. The company has a 50-day moving average of $13.59 and a two-hundred day moving average of $12.78. UiPath has a 12-month low of $10.37 and a 12-month high of $27.87. The stock has a market cap of $7.32 billion, a PE ratio of -83.19 and a beta of 0.96.
Insiders Place Their Bets
In other news, CFO Ashim Gupta sold 47,227 shares of UiPath stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $13.06, for a total transaction of $616,784.62. Following the sale, the chief financial officer now directly owns 856,538 shares of the company’s stock, valued at approximately $11,186,386.28. The trade was a 5.23 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Hitesh Ramani sold 25,000 shares of the business’s stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $13.05, for a total value 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 insiders.
Hedge Funds Weigh In On UiPath
A number of institutional investors have recently made changes to their positions in the business. Cowa LLC increased its stake in shares of UiPath by 4.4% in the third quarter. Cowa LLC now owns 26,681 shares of the company’s stock worth $342,000 after buying an additional 1,118 shares during the last quarter. Nations Financial Group Inc. IA ADV grew its holdings in UiPath by 6.8% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 26,090 shares of the company’s stock worth $334,000 after acquiring an additional 1,654 shares in the last quarter. Amalgamated Bank increased its position in shares of UiPath by 7.1% in the 3rd quarter. Amalgamated Bank now owns 27,312 shares of the company’s stock worth $350,000 after purchasing an additional 1,811 shares during the last quarter. Thrivent Financial for Lutherans raised its stake in shares of UiPath by 10.6% in the 3rd quarter. Thrivent Financial for Lutherans now owns 20,881 shares of the company’s stock valued at $267,000 after purchasing an additional 1,995 shares in the last quarter. Finally, Future Financial Wealth Managment LLC bought a new position in shares of UiPath during the third quarter worth about $26,000. 62.50% of the stock is owned by institutional investors and hedge funds.
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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