UiPath chief accounting officer Ramani Hitesh sells $127,322 in stock

Ramani Hitesh, the Chief Accounting Officer of UiPath, Inc. (NYSE:PATH), has recently sold shares of the company's Class A common stock. According to a Form 4 filing with the Securities and Exchange Commission, Hitesh sold 12,500 shares on April 3, 2025. The shares were sold at an average price of $10.1858, resulting in a total transaction value of approximately $127,322. The transaction comes as UiPath, currently valued at $5.4 billion, trades near its 52-week low of $9.50, having declined over 50% in the past year. According to InvestingPro analysis, the stock appears undervalued at current levels.

The sale was conducted under a pre-established trading plan, in compliance with Rule 10b5-1, which allows company insiders to set up a predetermined plan for selling stocks. Following this transaction, Hitesh retains direct ownership of 314,891 shares of UiPath. Despite recent price weakness, the company maintains strong fundamentals with an impressive 83% gross profit margin and healthy liquidity, as evidenced by a current ratio of 2.93. For deeper insights into UiPath's financial health and growth prospects, investors can access comprehensive analysis through InvestingPro, which offers 13 additional key insights about the company.

The sale price ranged from $9.9200 to $10.3300 per share. Such transactions are often scrutinized by investors for insights into executive sentiment and company performance. The stock currently trades at $9.79, with multiple analysts maintaining coverage of the company, suggesting a mixed outlook for the automation software provider.

In other recent news, UiPath Inc. reported financial results that fell short of expectations, with both Annual Recurring Revenue (ARR) and revenue missing analyst estimates. BMO Capital Markets responded by lowering its price target for UiPath shares from $16.00 to $11.50, citing concerns over sustainable growth and macroeconomic challenges. Similarly, TD Cowen reduced its price target to $12.00, maintaining a Hold rating due to uncertainties impacting the company's fiscal outlook. RBC Capital Markets also adjusted its price target down to $13.00, following a mixed financial quarter and noting a pause in federal spending as a contributing factor.

Truist Securities, meanwhile, decreased its price target to $12.00 but maintained a Buy rating, highlighting positive traction with UiPath's artificial intelligence products and go-to-market reorganization efforts. Needham, on the other hand, reaffirmed its Hold rating, focusing on UiPath's strategic vision for agentic orchestration announced at a recent AI Summit. The new capabilities, including Intelligent Extraction and Processing, are expected to influence the company's bookings in the coming years. Analysts from these firms are closely monitoring UiPath's performance and market conditions, as the company navigates a competitive landscape and broader economic uncertainties.

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