UiPath Inc (NYSE: PATH) is -0.81% lower on its value in year-to-date trading and has touched a low of $12.38 and a high of $27.87 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PATH stock was last observed hovering at around $24.10 in the last trading session, with the day’s gains setting it 0.54%.
Currently trading at $24.64, the stock is 2.46% and 4.74% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.89 million and changing 2.24% at the moment leaves the stock 27.90% off its SMA200. PATH registered 77.52% gain for a year compared to 6-month gain of 28.47%. The firm has a 50-day simple moving average (SMA 50) of $10.07 and a 200-day simple moving average (SMA200) of -$64.22.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -6.49% loss in the last 1 month and extending the period to 3 months gives it a 0.04%, and is 9.90% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.08% over the week and 3.92% over the month.
UiPath Inc (PATH) has around 3833 employees, a market worth around $13.95B and $1.21B in sales. Fwd P/E is 46.43. Profit margin for the company is -12.51%. Distance from 52-week low is 99.11% and -11.59% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.50%).
UiPath Inc quarterly earnings per share for the current quarter are estimated at $0.16 with sales reaching $383.83M over the same period.The EPS is expected to grow by 239.11% this year, but quarterly earnings will post 21.50% year-over-year. Quarterly sales are estimated to grow 24.40% in year-over-year returns.
UiPath Inc (PATH) Top Institutional Holders
688 institutions hold shares in UiPath Inc (PATH), with institutional investors hold 75.78% of the company’s shares. The shares outstanding are 474.16M, and float is at 430.72M with Short Float at 3.96%. Institutions hold 70.57% of the Float.
The top institutional shareholder in the company is ARK Investment Management, LLC with over 47.33 million shares valued at $809.75 million. The investor’s holdings represent 9.77% of the PATH Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 35.08 million shares valued at $581.23 million to account for 7.24% of the shares outstanding. The other top investors are Sumitomo Mitsui Trust Holdings, Inc. which holds 26.24 million shares representing 5.42% and valued at over $434.73 million, while Nikko Asset Management Americas, Inc. holds 5.23% of the shares totaling 25.34 million with a market value of $419.92 million.
UiPath Inc (PATH) Insider Activity
The most recent transaction is an insider sale by Gupta Ashim,the company’sChief Financial Officer. SEC filings show that Gupta Ashim sold 16,000 shares of the company’s common stock on Feb 05 ’24 at a price of $22.47 per share for a total of $0.36 million. Following the sale, the insider now owns 0.1 million shares.
UiPath Inc disclosed in a document filed with the SEC on Jan 08 ’24 that Wong Rich (Director) sold a total of 200,000 shares of the company’s common stock. The trade occurred on Jan 08 ’24 and was made at $23.12 per share for $4.62 million. Following the transaction, the insider now directly holds 0.43 million shares of the PATH stock.
Still, SEC filings show that on Jan 08 ’24, Gupta Ashim (Chief Financial Officer) disposed off 70,000 shares at an average price of $23.02 for $1.61 million. The insider now directly holds 788,148 shares of UiPath Inc (PATH).
