UiPath Inc’s filing revealed that its Chief Accounting Officer Ramani Hitesh unloaded Company’s shares for reported $0.33 million on Jan 03 ’25. In the deal valued at $13.05 per share,25,000 shares were sold. As a result of this transaction, Ramani Hitesh now holds 269,421 shares worth roughly $3.58 million.
Then, Gupta Ashim sold 47,227 shares, generating $616,889 in total proceeds. Upon selling the shares at $13.06, the COO & CFO now owns 856,538 shares.
Before that, ASHIM GUPTA bought 47,227 shares. UiPath Inc shares valued at $610,645 were divested by the Officer at a price of $12.93 per share.
UBS initiated its UiPath Inc [PATH] rating to a Sell in a research note published recently. A number of analysts have revised their coverage, including Macquarie’s analysts, who decreased its forecast for the stock in early June from “an Outperform” to “a Neutral”. William Blair also remained covering PATH and has decreased its forecast on May 30, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. Truist revised its rating on May 30, 2024. It rated PATH as “a Hold” which previously was an “a Buy”.
Price Performance Review of PATH
On Tuesday, UiPath Inc [NYSE:PATH] saw its stock jump 3.51% to $13.28. Over the last five days, the stock has lost -3.84%. UiPath Inc shares have risen nearly 4.48% since the year began. Nevertheless, the stocks have fallen -41.16% over the past one year. While a 52-week high of $27.87 was reached on 01/06/25, a 52-week low of $10.37 was recorded on 01/13/25. SMA at 50 days reached $13.52, while 200 days put it at $14.24.
Levels Of Support And Resistance For PATH Stock
The 24-hour chart illustrates a support level at 13.03, which if violated will result in even more drops to 12.78. On the upside, there is a resistance level at 13.44. A further resistance level may holdings at 13.59. The Relative Strength Index (RSI) on the 14-day chart is 49.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.09%. Stochastics %K at 25.91% indicates the stock is a holding.
How much short interest is there in UiPath Inc?
A steep rise in short interest was recorded in UiPath Inc stocks on 2024-11-15, growing by 3.21 million shares to a total of 27.2 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 23.99 million shares. There was a rise of 11.79%, which implies that there is a positive sentiment for the stock.
