UiPath Inc’s filing revealed that its Chief Accounting Officer Ramani Hitesh unloaded Company’s shares for reported $0.16 million on Feb 25 ’25. In the deal valued at $12.68 per share,12,500 shares were sold. As a result of this transaction, Ramani Hitesh now holds 256,921 shares worth roughly $3.03 million.
Then, HITESH RAMANI bought 12,500 shares, generating $165,500 in total proceeds.
Before that, Ramani Hitesh sold 25,000 shares. UiPath Inc shares valued at $326,162 were divested by the Chief Accounting Officer at a price of $13.05 per share. As a result of the transaction, Ramani Hitesh now holds 269,421 shares, worth roughly $3.18 million.
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 0.26% to $11.79. Over the last five days, the stock has lost -6.65%. UiPath Inc shares have fallen nearly -7.24% since the year began. Nevertheless, the stocks have fallen -50.36% over the past one year. While a 52-week high of $25.47 was reached on 02/13/25, a 52-week low of $10.37 was recorded on 03/04/25. SMA at 50 days reached $13.53, while 200 days put it at $13.18.
Levels Of Support And Resistance For PATH Stock
The 24-hour chart illustrates a support level at 11.43, which if violated will result in even more drops to 11.06. On the upside, there is a resistance level at 12.11. A further resistance level may holdings at 12.42. The Relative Strength Index (RSI) on the 14-day chart is 31.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.80%. Stochastics %K at 6.43% indicates the stock is a buying.
