UiPath Inc (NYSE: PATH) is 8.65% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PATH stock was last observed hovering at around $13.28 in the last trading session, with the day’s gains setting it 0.53%.
Currently trading at $13.81, the stock is 1.34% and 2.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 17.16 million and changing 3.99% at the moment leaves the stock -4.65% off its SMA200. PATH registered -38.81% loss for a year compared to 6-month gain of 7.72%. The firm has a 50-day simple moving average (SMA 50) of $13.4184 and a 200-day simple moving average (SMA200) of $14.5303.
The stock witnessed a -9.92% loss in the last 1 month and extending the period to 3 months gives it a 10.57%, and is 7.22% 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 3.66% over the week and 4.73% over the month.
UiPath Inc (PATH) has around 4035 employees, a market worth around $7.80B and $1.41B in sales. Fwd P/E is 26.78. Profit margin for the company is -6.49%. Distance from 52-week low is 33.17% and -50.45% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.06%).
The EPS is expected to shrink by -11.33% this year.
UiPath Inc (PATH) Top Institutional Holders
604.0 institutions hold shares in UiPath Inc (PATH), with institutional investors hold 70.02% of the company’s shares. The shares outstanding are 467.21M, and float is at 411.63M with Short Float at 6.53%. Institutions hold 65.11% 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 Ramani Hitesh,the company’sChief Accounting Officer. SEC filings show that Ramani Hitesh sold 25,000 shares of the company’s common stock on Jan 03 ’25 at a price of $13.05 per share for a total of $0.33 million. Following the sale, the insider now owns 0.27 million shares.
UiPath Inc disclosed in a document filed with the SEC on Jan 03 ’25 that Gupta Ashim (COO & CFO) sold a total of 47,227 shares of the company’s common stock. The trade occurred on Jan 03 ’25 and was made at $13.06 per share for $0.62 million. Following the transaction, the insider now directly holds 0.86 million shares of the PATH stock.
Still, SEC filings show that on Jan 03 ’25, ASHIM GUPTA (Officer) Proposed Sale 47,227 shares at an average price of $12.93 for $0.61 million. The insider now directly holds shares of UiPath Inc (PATH).
