In a filing, UiPath Inc revealed 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 $2.76 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 $2.9 million.
BofA Securities downgraded its UiPath Inc [PATH] rating to an Underperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in mid December with a ‘”a Sell”‘ rating. Macquarie also remained covering PATH and has decreased its forecast on June 03, 2024 with a “Neutral” recommendation from previously “an Outperform” rating. William Blair revised its rating on May 30, 2024. It rated PATH as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of PATH
On Tuesday, UiPath Inc [NYSE:PATH] saw its stock fall -0.28% to $10.75. Over the last five days, the stock has lost -8.43%. UiPath Inc shares have fallen nearly -15.42% since the year began. Nevertheless, the stocks have fallen -52.75% over the past one year. While a 52-week high of $23.97 was reached on 02/13/25, a 52-week low of $9.50 was recorded on 03/13/25. SMA at 50 days reached $13.22, while 200 days put it at $12.77.
Levels Of Support And Resistance For PATH Stock
The 24-hour chart illustrates a support level at 10.59, which if violated will result in even more drops to 10.44. On the upside, there is a resistance level at 10.94. A further resistance level may holdings at 11.14. The Relative Strength Index (RSI) on the 14-day chart is 35.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.69%. Stochastics %K at 36.50% 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 2025-02-28, growing by 1.71 million shares to a total of 33.56 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 31.85 million shares. There was a rise of 5.1%, which implies that there is a positive sentiment for the stock.
