Dines Daniel, UiPath CEO, sells $1.8m in PATH stock

Published 08/10/2025, 21:08
Dines Daniel, UiPath CEO, sells $1.8m in PATH stock

UiPath, Inc. (NYSE:PATH) CEO and Chairman Daniel Dines sold 122,734 shares of Class A Common Stock on October 8, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sale comes as UiPath’s stock trades near its 52-week high of $15.93, having delivered an impressive 50% return over the past six months. The sales were executed at prices ranging from $14.7700 to $15.0400, with an average price of $14.8901, totaling $1,827,521.

Following the transaction, Dines directly holds 29,918,585 shares of UiPath’s Class A Common Stock. He also indirectly holds 736,404 shares through Ice Vulcan Holding Limited and his spouse holds 240,000 shares.

The sale was executed under a qualified selling plan adopted pursuant to Rule 10b5-1.

In other recent news, UiPath has been active with several strategic developments. The company announced a collaboration with OpenAI to develop a ChatGPT connector, aiming to integrate OpenAI’s models with enterprise workflows. This partnership is intended to simplify AI agent development and deployment in business environments. Additionally, UiPath has integrated its platform with Azure AI Foundry, enabling customers to automate end-to-end business processes with enhanced governance. This integration extends bi-directional capabilities with Microsoft 365 Copilot and Microsoft Copilot Studio.

UiPath also expanded its platform with new agentic automation capabilities, including pre-built solutions and new orchestration tools designed to accelerate AI transformation efforts for organizations. Following the company’s Fusion user conference, BMO Capital raised its price target for UiPath to $13.00, acknowledging the company’s new product updates and partnerships, while maintaining a Market Perform rating. Needham, on the other hand, kept its Hold rating, noting UiPath’s strategic shift from team-level automation to transformative end-to-end automation. These developments highlight UiPath’s ongoing efforts to enhance its automation and AI capabilities.

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