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Ramani Hitesh, chief accounting officer at UiPath, sells $332k in stock

Published 15/10/2025, 23:34
Ramani Hitesh, chief accounting officer at UiPath, sells $332k in stock
PATH
2.46%

Chief Accounting Officer of UiPath (NYSE:PATH), Hitesh Ramani, sold 20,000 shares of Class A Common Stock in two transactions on October 14 and 15, 2025, for a total value of $332,152. The sale comes as UiPath shows impressive momentum, with the stock up nearly 58% over the past six months and maintaining robust gross margins of 83%.

On October 14, Ramani sold 10,000 shares in a price range of $16.1200 to $16.9000, with an average price of $16.5351. The total value of the shares sold on this day was $165,351. The following day, October 15, Ramani sold another 10,000 shares at an average price of $16.6801, with prices ranging from $16.2400 to $17.1100, for a total value of $166,801. According to InvestingPro, the stock is currently trading near its Fair Value, with 12+ additional exclusive insights available to subscribers.

Following these transactions, Ramani directly owns 232,776 shares of UiPath.

The sales were executed under a pre-arranged trading plan, compliant with Rule 10b5-1.

In other recent news, UiPath has made several noteworthy announcements. The company revealed its integration with Azure AI Foundry, which will enable customers to automate business processes with enhanced governance. This integration allows UiPath agents to interact seamlessly with Azure AI Foundry agents, expanding its orchestration capabilities. Additionally, UiPath announced a partnership with OpenAI to develop a ChatGPT connector, aiming to simplify AI agent development in enterprise environments.

UiPath also expanded its platform with new automation capabilities designed to accelerate AI transformation efforts for organizations. These updates include pre-built solutions and new orchestration tools that emphasize security and governance. Following these developments, BMO Capital raised its price target for UiPath to $13, citing product updates unveiled at the company’s Fusion user conference. Meanwhile, Needham maintained its Hold rating, noting a strategic shift towards end-to-end automation.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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