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Are we looking at the next big move in UiPath Inc (PATH)?

UiPath Inc (NYSE: PATH) is -48.47% lower on its value in year-to-date trading and has touched a low of $10.37 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 $12.80 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $12.80, the stock is 2.65% and 5.41% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.73 million and changing 0.00% at the moment leaves the stock -29.23% off its SMA200. PATH registered -23.67% loss for a year compared to 6-month loss of -42.32%. The firm has a 50-day simple moving average (SMA 50) of $12.1576 and a 200-day simple moving average (SMA200) of $18.02865.

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The stock witnessed a -0.31% gain in the last 1 month and extending the period to 3 months gives it a -0.62%, and is -0.85% down 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 2.81% over the week and 4.10% over the month.

UiPath Inc (PATH) has around 4035 employees, a market worth around $7.04B and $1.38B in sales. Fwd P/E is 28.34. Profit margin for the company is -8.13%. Distance from 52-week low is 23.43% and -54.07% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.88%).

with sales reaching $347.68M over the same period.The EPS is expected to shrink by -24.24% this year, but quarterly earnings will post 8.80% year-over-year.

UiPath Inc (PATH) Top Institutional Holders

694.0 institutions hold shares in UiPath Inc (PATH), with institutional investors hold 76.91% of the company’s shares. The shares outstanding are 486.82M, and float is at 418.51M with Short Float at 7.58%. Institutions hold 71.54% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 42.89 million shares valued at $543.82 million. The investor’s holdings represent 7.5251% of the PATH Shares outstanding. As of 2024-06-30, the second largest holder is ARK INVESTMENT MANAGEMENT LLC with 29.75 million shares valued at $377.2 million to account for 5.2195 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 26.18 million shares representing 4.593% and valued at over $331.92 million, while SUMITOMO MITSUI TRUST HOLDINGS, INC. holds 3.237 of the shares totaling 18.45 million with a market value of $233.92 million.

UiPath Inc (PATH) Insider Activity

The most recent transaction is an insider sale by Gupta Ashim, the company’s COO & CFO. SEC filings show that Gupta Ashim sold 47,671 shares of the company’s common stock on Sep 13 ’24 at a price of $12.07 per share for a total of $0.58 million. Following the sale, the insider now owns 0.85 million shares.

Still, SEC filings show that on Sep 11 ’24, Ramani Hitesh (Chief Accounting Officer) disposed off 25,000 shares at an average price of $11.91 for $0.3 million. The insider now directly holds 296,034 shares of UiPath Inc (PATH).

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