Ashim Gupta Sells 16,000 Shares of UiPath Inc. (NYSE:PATH) Stock

UiPath Inc. (NYSE:PATHGet Free Report) CFO Ashim Gupta sold 16,000 shares of UiPath stock in a transaction on Friday, March 15th. The shares were sold at an average price of $22.84, for a total value of $365,440.00. Following the completion of the transaction, the chief financial officer now owns 87,505 shares in the company, valued at approximately $1,998,614.20. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Ashim Gupta also recently made the following trade(s):

  • On Monday, February 5th, Ashim Gupta sold 16,000 shares of UiPath stock. The stock was sold at an average price of $22.47, for a total value of $359,520.00.
  • On Monday, January 8th, Ashim Gupta sold 70,000 shares of UiPath stock. The stock was sold at an average price of $23.02, for a total value of $1,611,400.00.
  • On Thursday, January 4th, Ashim Gupta sold 125,000 shares of UiPath stock. The stock was sold at an average price of $22.59, for a total value of $2,823,750.00.

UiPath Price Performance

NYSE PATH opened at $23.32 on Thursday. UiPath Inc. has a 1 year low of $12.38 and a 1 year high of $27.87. The business’s 50-day moving average is $23.53 and its 200 day moving average is $20.80.

Institutional Trading of UiPath

Institutional investors and hedge funds have recently bought and sold shares of the stock. Mark Sheptoff Financial Planning LLC purchased a new position in shares of UiPath during the fourth quarter valued at approximately $25,000. HighMark Wealth Management LLC purchased a new position in UiPath in the 4th quarter worth approximately $27,000. Cypress Capital Management LLC WY purchased a new position in UiPath in the 4th quarter worth approximately $29,000. GAMMA Investing LLC purchased a new position in UiPath in the 4th quarter worth approximately $36,000. Finally, Mango Five Family Inc. purchased a new position in UiPath in the 4th quarter worth approximately $40,000. 59.04% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Barclays boosted their price objective on UiPath from $23.00 to $25.00 and gave the company an “equal weight” rating in a research note on Friday, March 15th. BMO Capital Markets boosted their price objective on UiPath from $24.00 to $28.00 and gave the stock a “market perform” rating in a report on Thursday, March 14th. DA Davidson boosted their price objective on UiPath from $20.00 to $24.00 and gave the stock a “neutral” rating in a report on Thursday, March 14th. Scotiabank upped their target price on UiPath from $29.00 to $30.00 and gave the company a “sector perform” rating in a report on Thursday, March 14th. Finally, William Blair assumed coverage on UiPath in a report on Tuesday, January 2nd. They issued an “outperform” rating for the company. Nine analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, UiPath presently has a consensus rating of “Hold” and a consensus target price of $27.44.

Read Our Latest Analysis on PATH

UiPath Company Profile

(Get Free Report)

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, and Japan. The company offers a suite of interrelated software to build, manage, run, engage, measure, and govern automation within the organization.

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Insider Buying and Selling by Quarter for UiPath (NYSE:PATH)

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