1 week Ago By ABMN Staff
Arrowstreet Capital Limited Partnership acquired a new position in UiPath Inc. ( NYSE:PATH – Free Report ) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 454,421 shares of the company’s stock, valued at approximately $5,776,000.
Arrowstreet Capital Limited Partnership owned about 0.08% of UiPath as of its most recent SEC filing. A number of other institutional investors and hedge funds have also recently modified their holdings of PATH.
Pictet Asset Management Holding SA raised its position in UiPath by 14.3% during the 4th quarter. Pictet Asset Management Holding SA now owns 67,861 shares of the company’s stock worth $863,000 after buying an additional 8,497 shares during the last quarter.
Norges Bank acquired a new stake in shares of UiPath in the fourth quarter worth $71,191,000. IQ EQ FUND MANAGEMENT IRELAND Ltd raised its holdings in shares of UiPath by 163.2% during the fourth quarter.
IQ EQ FUND MANAGEMENT IRELAND Ltd now owns 110,526 shares of the company’s stock worth $1,405,000 after purchasing an additional 68,536 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd.
lifted its position in UiPath by 859.6% during the fourth quarter. Mitsubishi UFJ Asset Management Co.
Ltd. now owns 50,858 shares of the company’s stock valued at $675,000 after purchasing an additional 45,558 shares during the period. Finally, Horrell Capital Management Inc.
boosted its holdings in UiPath by 25.9% in the fourth quarter. Horrell Capital Management Inc.
now owns 365,000 shares of the company’s stock valued at $4,639,000 after purchasing an additional 75,000 shares during the last quarter. Institutional investors and hedge funds own 62.50% of the company’s stock.
Wall Street Analyst Weigh In A number of brokerages have issued reports on PATH. Morgan Stanley decreased their price target on UiPath from $16.00 to $12.
00 and set an “equal weight” rating for the company in a report on Thursday, March 13th. Needham & Company LLC reiterated a “hold” rating on shares of UiPath in a research report on Wednesday, March 26th. Evercore ISI dropped their target price on UiPath from $16.
00 to $12.00 and set an “in-line” rating on the stock in a research report on Thursday, March 13th. Bank of America restated an “underperform” rating and issued a $10.
00 price target (down previously from $18.00) on shares of UiPath in a research note on Thursday, March 13th. Finally, Wells Fargo & Company dropped their price objective on UiPath from $13.
00 to $11.00 and set an “equal weight” rating on the stock in a report on Thursday, March 13th. Two analysts have rated the stock with a sell rating, fifteen have issued a hold rating and two have issued a buy rating to the company.
According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $13.62.
UiPath Trading Down 2.4 % UiPath stock opened at $9.80 on Tuesday.
The stock has a market cap of $5.40 billion, a P/E ratio of -61.24 and a beta of 1.
04. The company has a 50-day moving average price of $12.50 and a 200 day moving average price of $12.
96. UiPath Inc. has a 12-month low of $9.
38 and a 12-month high of $21.90. UiPath Company Profile ( Free Report ) 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. Featured Articles Want to see what other hedge funds are holding PATH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for UiPath Inc.
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