10,740 Shares in UiPath Inc. (NYSE:PATH) Acquired by Juncture Wealth Strategies LLC

Juncture Wealth Strategies LLC purchased a new position in shares of UiPath Inc. (NYSE:PATH) in the 4th quarter, Holdings Channel reports. The firm purchased 10,740 shares of the company’s stock, valued at approximately $137,000.

Other hedge funds also recently made changes to their positions in the company. Cowa LLC boosted its holdings in shares of UiPath by 4.4% in the 3rd quarter. Cowa LLC now owns 26,681 shares of the company’s stock valued at $342,000 after buying an additional 1,118 shares during the last quarter. Nations Financial Group Inc. IA ADV lifted its holdings in UiPath by 6.8% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 26,090 shares of the company’s stock valued at $334,000 after purchasing an additional 1,654 shares during the last quarter. Amalgamated Bank lifted its holdings in UiPath by 7.1% during the 3rd quarter. Amalgamated Bank now owns 27,312 shares of the company’s stock valued at $350,000 after purchasing an additional 1,811 shares during the last quarter. Thrivent Financial for Lutherans lifted its holdings in UiPath by 10.6% during the 3rd quarter. Thrivent Financial for Lutherans now owns 20,881 shares of the company’s stock valued at $267,000 after purchasing an additional 1,995 shares during the last quarter. Finally, Future Financial Wealth Managment LLC acquired a new stake in UiPath during the 3rd quarter valued at $26,000. 62.50% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

PATH has been the subject of several research reports. Needham & Company LLC reaffirmed a “hold” rating on shares of UiPath in a report on Wednesday, January 15th. Barclays dropped their target price on UiPath from $16.00 to $15.00 and set an “equal weight” rating for the company in a report on Friday, January 10th. UBS Group assumed coverage on UiPath in a report on Thursday, December 12th. They set a “sell” rating and a $14.00 target price for the company. BMO Capital Markets lifted their target price on UiPath from $15.00 to $16.00 and gave the stock a “market perform” rating in a report on Friday, December 6th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $16.00 target price on shares of UiPath in a report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, sixteen have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat, UiPath presently has a consensus rating of “Hold” and a consensus target price of $17.44.

UiPath Stock Up 0.9 %

Shares of PATH stock opened at $13.92 on Friday. UiPath Inc. has a 12 month low of $10.37 and a 12 month high of $27.87. The company has a 50 day simple moving average of $13.62 and a two-hundred day simple moving average of $12.81.

Insider Buying and Selling at UiPath

In other news, CFO Ashim Gupta sold 47,227 shares of the company’s stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $13.06, for a total value of $616,784.62. Following the completion of the sale, the chief financial officer now owns 856,538 shares of the company’s stock, valued at approximately $11,186,386.28. This represents a 5.23 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Hitesh Ramani sold 25,000 shares of the stock in a transaction that occurred on Friday, January 3rd. The shares were sold at an average price of $13.05, for a total transaction of $326,250.00. Following the sale, the chief accounting officer now directly owns 269,421 shares of the company’s stock, valued at $3,515,944.05. The trade was a 8.49 % decrease in their position. The disclosure for this sale can be found here. 22.37% of the stock is owned by company insiders.

About UiPath

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.