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Tuesday, March 21, 2023

Is UiPath Inc. (NYSE: PATH) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for UiPath Inc. (PATH) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.05, or 0.32%, to $15.74. The UiPath Inc. has recorded 58,645 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted UiPath Named a Leader in RPA by Independent Research Firm.

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Stocks Info

This NYSE-listed company operates within the Software – Infrastructure industry segment, falling under the Technology sector. At the end of the last regular session, the stock closed at $15.69 and fluctuated between $15.77 as its day high and $15.16 as its day low. The current market capitalization of UiPath Inc. is $8.37B. A total of 4.4 million shares were traded on the day, compared to an average of 5.46M shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, PATH has seen 0 BUY and 20 SELL insider trades, representing the acquisition of 0 and the disposition of 557,294 shares. Over the last 12 months, there were 23 BUYs and 66 SELLs from insiders. Insiders purchased 6,660,800 shares during that period but sold 1,138,400.

In the most recent transaction, Gupta Ashim sold 40,000 shares of PATH for 16.61 per share on Feb 15. After the transaction, the Chief Financial Officer now owns 1,359,051 company shares. In a previous transaction on Feb 15, Gupta Ashim sold 12,000 shares at 16.61 per share. PATH shares that Chief Financial Officer owns now total 255,505.

Among the insiders who sold shares, Gupta Ashim disposed of 10,000 shares on Dec 05 at a per-share price of $13.50. This resulted in the Chief Financial Officer holding 267,505 shares of PATH after the transaction. In another insider transaction, Gupta Ashim sold 10,000 shares at $13.50 per share on Dec 05. Company shares held by the Chief Financial Officer now total 1,515,341.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for PATH in the last 3 months, the mean price target is $17.47 with high estimates of $27.50 and low estimates of $13.00. In terms of 52-week highs and lows, PATH has a high of $34.48 and a low of $10.40.

As of this writing, PATH has an earnings estimate of $0.06 per share for the current quarter. EPS was calculated based on a consensus of 19 estimates, with a high estimate of $0.08 per share and a lower estimate of $0.05. The company reported an EPS of -$0.02 in the last quarter, which was 81.80% higher than expectations of -$0.11.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 22 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PATH is Sell with a score of 3.44. A total of 8 analysts rated the stock as Buy while 1 rated it as Overweight while 13 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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