Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. UiPath Inc shares valued at $326,162 were sold by Ramani Hitesh on Jan 03 ’25. At $13.05 per share, Ramani Hitesh sold 25,000 shares. The insider’s holdings dropped to 269,421 shares worth approximately $3.62 million following the completion of this transaction.
Also, Gupta Ashim sold 47,227 shares, netting a total of over 616,889 in proceeds. Following the sale of shares at $13.06 each, the insider now holds 856,538 shares.
Before that, ASHIM GUPTA had added 47,227 shares to its account. In a trade valued at $610,645, the Officer bought UiPath Inc shares for $12.93 each.
As published in their initiating research note from UBS on December 12, 2024, UiPath Inc [PATH] has been a Sell. Analysts at Macquarie downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in early June. As of May 30, 2024, William Blair has decreased its “an Outperform” rating to a “Mkt perform” for PATH. Earlier on May 30, 2024, Truist downgraded its rating. Their new recommendation was “a Hold” for PATH stock which previously was a “a Buy”.
Analyzing PATH Stock Performance
During the last five days, there has been a surge of approximately 1.28%. Over the course of the year, UiPath Inc shares have jumped approximately 5.82%. Shares of the company reached a 52-week high of $14.59 on 01/06/25 and a 52-week low of $12.62 on 01/13/25. A 50-day SMA is recorded $13.59, while a 200-day SMA reached $14.02. Nevertheless, trading volume fell to 8.73 million shares from 6.52 million shares the previous day.
Support And Resistance Levels for UiPath Inc (PATH)
According to the 24-hour chart, there is a support level at 13.20, which, if violated, would cause prices to drop to 12.94. In the upper region, resistance lies at 13.64. The next price resistance is at 13.82. RSI (Relative Strength Index) is 51.46 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.06, which suggests the price will decrease in the coming days. Percent R is at 55.34%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
