10,740 Shares in UiPath Inc. (NYSE:PATH) Acquired by Juncture Wealth Strategies LLC

Juncture Wealth Strategies LLC purchased a new stake in UiPath Inc. (NYSE:PATH) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 10,740 shares of the company’s stock, valued at approximately $137,000.

A number of other hedge funds and other institutional investors have also modified their holdings of PATH. Jacobs Levy Equity Management Inc. raised its position in shares of UiPath by 554.8% in the third quarter. Jacobs Levy Equity Management Inc. now owns 4,026,502 shares of the company’s stock valued at $51,539,000 after buying an additional 3,411,562 shares during the last quarter. Senvest Management LLC grew its stake in UiPath by 16.7% during the third quarter. Senvest Management LLC now owns 10,894,483 shares of the company’s stock worth $139,449,000 after buying an additional 1,559,500 shares during the period. Worldquant Millennium Advisors LLC purchased a new stake in UiPath during the third quarter worth approximately $19,071,000. AQR Capital Management LLC grew its stake in UiPath by 120.6% during the second quarter. AQR Capital Management LLC now owns 1,633,393 shares of the company’s stock worth $20,385,000 after buying an additional 892,845 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in UiPath by 37.2% during the second quarter. Dimensional Fund Advisors LP now owns 2,783,571 shares of the company’s stock worth $35,296,000 after buying an additional 754,519 shares during the period. 62.50% of the stock is currently owned by institutional investors and hedge funds.

UiPath Trading Up 0.9 %

PATH opened at $13.92 on Friday. UiPath Inc. has a fifty-two week low of $10.37 and a fifty-two week high of $27.87. The firm’s fifty day moving average price is $13.62 and its two-hundred day moving average price is $12.81.

Insiders Place Their Bets

In other news, CFO Ashim Gupta sold 47,227 shares of the business’s stock in a transaction on Friday, January 3rd. The shares were sold at an average price of $13.06, for a total value of $616,784.62. Following the sale, the chief financial officer now owns 856,538 shares in the company, valued at approximately $11,186,386.28. The trade was a 5.23 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Hitesh Ramani sold 25,000 shares of the company’s stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $13.05, for a total transaction of $326,250.00. Following the transaction, the chief accounting officer now owns 269,421 shares in the company, valued at approximately $3,515,944.05. This trade represents a 8.49 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 22.37% of the company’s stock.

Analyst Upgrades and Downgrades

PATH has been the topic of several recent analyst reports. Morgan Stanley upped their price target on shares of UiPath from $15.00 to $16.00 and gave the company an “equal weight” rating in a report on Friday, December 6th. Royal Bank of Canada reiterated a “sector perform” rating and issued a $16.00 target price on shares of UiPath in a research report on Friday, December 6th. UBS Group started coverage on shares of UiPath in a research report on Thursday, December 12th. They set a “sell” rating and a $14.00 price objective for the company. BMO Capital Markets raised their price objective on shares of UiPath from $15.00 to $16.00 and gave the company a “market perform” rating in a research report on Friday, December 6th. Finally, Barclays decreased their target price on shares of UiPath from $16.00 to $15.00 and set an “equal weight” rating for the company in a report on Friday, January 10th. One investment analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, UiPath has a consensus rating of “Hold” and an average target price of $17.44.

UiPath Company Profile

UiPath Inc provides an end-to-end automation platform that offers a range of robotic process automation (RPA) solutions primarily in the United States, Romania, the United Kingdom, the Netherlands, and internationally. The company offers a suite of interrelated software to build, manage, run, engage, measure, and govern automation within the organization.