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NEW YORK—Dines Daniel, the CEO and Chairman of UiPath, Inc. (NYSE:PATH), a company with impressive 83% gross profit margins and strong financial health according to InvestingPro analysis, recently sold 45,000 shares of Class A common stock, according to a filing with the Securities and Exchange Commission. The shares were sold at prices ranging from $13.24 to $13.42 per share, totaling approximately $598,783. The sale price falls within the stock’s 52-week range of $9.38 to $15.93, with InvestingPro data indicating the stock is currently trading below its Fair Value.
Following the transaction, Dines retains indirect ownership of 6,408,376 shares through Ice Vulcan Holding Limited, where he holds sole voting and investment power. Additionally, Dines directly owns 24,918,585 shares, with an additional 240,000 shares owned indirectly by his spouse.
The sale was conducted under a pre-established trading plan in compliance with Rule 10b5-1, allowing company insiders to sell a predetermined number of shares at a predetermined time.
In other recent news, UiPath Inc. reported a first-quarter Annual Recurring Revenue (ARR) of $1.693 billion, a 12% year-over-year increase that slightly exceeded BofA Securities’ projection. Analysts from Canaccord Genuity raised UiPath’s stock price target to $16, citing optimism about the company’s growth potential and improved financial performance, while BofA increased their target to $12, maintaining an Underperform rating. TD Cowen also updated their outlook, raising the price target to $15 due to better-than-expected first-quarter results and a positive forecast for 2026. RBC Capital Markets adjusted their price target to $15, maintaining a Sector Perform rating, following UiPath’s stable quarterly performance and revised guidance for fiscal year 2026. KeyBanc retained a Sector Weight rating, noting the company’s strong performance with larger enterprise customers and successful U.S. federal renewals, including a significant contract with the U.S. Air Force. Despite these positive developments, analysts remain cautious due to ongoing macroeconomic uncertainties and challenges in the automation industry.
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