Caitong International Asset Management Co. Ltd Reduces Position in UiPath, Inc. $PATH

Caitong International Asset Management Co. Ltd trimmed its holdings in UiPath, Inc. (NYSE:PATH) by 46.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 69,584 shares of the company’s stock after selling 59,635 shares during the period. Caitong International Asset Management Co. Ltd’s holdings in UiPath were worth $1,140,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PATH. Sumitomo Mitsui Trust Group Inc. boosted its stake in UiPath by 1.9% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 37,871 shares of the company’s stock worth $621,000 after buying an additional 720 shares during the last quarter. Meeder Advisory Services Inc. increased its stake in shares of UiPath by 7.6% in the 4th quarter. Meeder Advisory Services Inc. now owns 12,132 shares of the company’s stock worth $199,000 after acquiring an additional 861 shares during the last quarter. Green Alpha Advisors LLC raised its holdings in shares of UiPath by 3.4% during the 4th quarter. Green Alpha Advisors LLC now owns 29,519 shares of the company’s stock worth $484,000 after acquiring an additional 973 shares during the period. CoreCap Advisors LLC raised its holdings in shares of UiPath by 92.3% during the 4th quarter. CoreCap Advisors LLC now owns 2,579 shares of the company’s stock worth $42,000 after acquiring an additional 1,238 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its holdings in UiPath by 36.5% in the fourth quarter. EverSource Wealth Advisors LLC now owns 4,968 shares of the company’s stock valued at $81,000 after acquiring an additional 1,329 shares during the last quarter. 62.50% of the stock is currently owned by institutional investors and hedge funds.

UiPath Stock Up 0.1%

UiPath stock opened at $10.29 on Friday. The firm has a fifty day moving average of $10.68 and a 200-day moving average of $12.63. The firm has a market capitalization of $5.33 billion, a P/E ratio of 17.14, a PEG ratio of 1.31 and a beta of 0.96. UiPath, Inc. has a 52-week low of $9.20 and a 52-week high of $19.84.

UiPath (NYSE:PATH) last issued its earnings results on Thursday, May 28th. The company reported $0.15 EPS for the quarter, hitting the consensus estimate of $0.15. The company had revenue of $418.38 million during the quarter, compared to analyst estimates of $397.54 million. UiPath had a return on equity of 7.92% and a net margin of 19.58%.The business’s revenue was up 17.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.11 EPS. On average, research analysts expect that UiPath, Inc. will post 0.38 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have commented on PATH. Weiss Ratings restated a “hold (c)” rating on shares of UiPath in a research note on Friday, March 27th. Mizuho decreased their price objective on UiPath from $15.00 to $12.00 and set a “neutral” rating for the company in a research note on Thursday, March 12th. Canaccord Genuity Group lowered their target price on shares of UiPath from $19.00 to $15.00 and set a “buy” rating for the company in a research note on Thursday, March 12th. Morgan Stanley dropped their target price on UiPath from $17.00 to $15.00 and set an “equal weight” rating on the stock in a report on Friday, May 29th. Finally, Needham & Company LLC restated a “buy” rating and issued a $15.00 price target on shares of UiPath in a research note on Friday, May 29th. Two research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $13.87.

Key Headlines Impacting UiPath

Here are the key news stories impacting UiPath this week:

• Positive Sentiment: Analyst-style coverage says UiPath’s agentic AI adoption continues to gain momentum, with more customers moving from pilot projects into production deployments. That trend could strengthen demand for UiPath’s automation software and support longer-term growth. UiPath’s Agentic AI Adoption Continues to Gain Momentum
• Positive Sentiment: A separate Zacks piece argues UiPath remains a top growth stock for long-term investors, which may help sentiment around PATH even if it is more commentary than fresh company-specific news. Why UiPath (PATH) is a Top Growth Stock for the Long-Term
• Neutral Sentiment: Trupeer AI appointed former UiPath APAC CEO Raghu Subramanian to lead growth in the U.S., U.K., Australia, and Japan. While the move highlights the talent and leadership background of a former UiPath executive, it does not appear to directly affect UiPath’s business fundamentals. Trupeer AI taps former UiPath APAC CEO for UK growth

UiPath Company Profile

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. Its platform's embedded AI, ML, and NLP capabilities improve decisioning and information processing; emulate human behavior allows organizations to address a myriad of use cases; emulate human behavior allows organizations to address a myriad of use cases; multi-tenant platform enterprise deployment with security and governance and Automation Cloud, which enables customers to begin automating without the need to provision infrastructure, install applications, or perform additional configurations; intuitive interface and low-code, drag-and-drop functionality; signed to enable people and automations to work together; and tracks, measures, and forecasts the performance of automations, enables customers to gain powerful insights and generate key performance indicators with actionable metric.