1 week Ago By Defense World Staff
Invesco Ltd. raised its holdings in shares of UiPath Inc. (NYSE:PATH – Free Report) by 10.
5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 382,800 shares of the company’s stock after purchasing an additional 36,332 shares during the period. Invesco Ltd.
owned about 0.07% of UiPath worth $4,865,000 as of its most recent SEC filing. A number of other institutional investors and hedge funds also recently modified their holdings of the business.
Smartleaf Asset Management LLC grew its stake in UiPath by 88.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 2,454 shares of the company’s stock worth $31,000 after buying an additional 1,152 shares during the last quarter.
First Horizon Advisors Inc. grew its position in shares of UiPath by 47.8% during the fourth quarter.
First Horizon Advisors Inc. now owns 2,487 shares of the company’s stock worth $32,000 after acquiring an additional 804 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of UiPath by 141.
4% in the 4th quarter. EverSource Wealth Advisors LLC now owns 2,974 shares of the company’s stock worth $38,000 after acquiring an additional 1,742 shares during the period. V Square Quantitative Management LLC lifted its position in UiPath by 33.
4% in the 4th quarter. V Square Quantitative Management LLC now owns 3,030 shares of the company’s stock valued at $39,000 after purchasing an additional 759 shares during the last quarter. Finally, Harvest Fund Management Co.
Ltd acquired a new position in UiPath during the 4th quarter valued at about $50,000. 62.50% of the stock is owned by institutional investors and hedge funds.
Insider Buying and SellingIn other UiPath news, CAO Hitesh Ramani sold 12,500 shares of the firm’s stock in a transaction dated Thursday, April 3rd. The shares were sold at an average price of $10.19, for a total value of $127,375.
00. Following the completion of the transaction, the chief accounting officer now directly owns 314,891 shares in the company, valued at $3,208,739.29.
This trade represents a 3.82 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link.
Insiders own 22.37% of the company’s stock. UiPath Stock PerformanceNYSE PATH opened at $11.
58 on Friday. UiPath Inc. has a 1 year low of $9.
38 and a 1 year high of $20.95. The business’s fifty day moving average is $11.
26 and its two-hundred day moving average is $12.75. The stock has a market capitalization of $6.
39 billion, a P/E ratio of -72.38 and a beta of 1.04.
Analyst Ratings ChangesSeveral brokerages have commented on PATH. Evercore ISI dropped their price target on shares of UiPath from $16.00 to $12.
00 and set an “in-line” rating on the stock in a research note on Thursday, March 13th. Bank of America restated an “underperform” rating and issued a $10.00 target price (down from $18.
00) on shares of UiPath in a research report on Thursday, March 13th. Scotiabank reduced their price target on UiPath from $15.00 to $12.
00 and set a “sector perform” rating for the company in a research report on Thursday, March 13th. UBS Group lowered their price target on UiPath from $14.00 to $10.
00 and set a “sell” rating on the stock in a report on Thursday, March 13th. Finally, Canaccord Genuity Group reduced their price objective on shares of UiPath from $19.00 to $14.
00 and set a “buy” rating for the company in a report on Thursday, March 13th. Two research analysts have rated the stock with a sell rating, fifteen have given a hold rating and two have given a buy rating to the stock. According to MarketBeat.
com, the stock has a consensus rating of “Hold” and an average target price of $12.72.Get Our Latest Stock Report on PATHUiPath Company Profile (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, 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.Read MoreFive stocks we like better than UiPathThe 3 Best Retail Stocks to Shop for in AugustMarkets Think Robinhood Earnings Could Send the Stock Up3 Grocery Stocks That Can Help Take a Bite Out of Inflation Churchill Downs Stock: Could Tariff Fears Dampen Derby Gains?Why Invest in 5G? How to Invest in 5G Stocks AT&T: Subscriber Growth & Buybacks Signal Bullish Turnaround.
