UiPath Inc (PATH) Chief Accounting Officer Sells 25,000 Shares

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23 hours ago

On October 3, 2024, Hitesh Ramani, the Chief Accounting Officer of UiPath Inc (PATH, Financial), sold 25,000 shares of the company at a price of $12 per share. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 331,572 shares of the company.

UiPath Inc (PATH, Financial) specializes in robotic process automation software that helps organizations efficiently automate routine tasks. The company's solutions are used across various industries to improve productivity and reduce operational costs.

Over the past year, the insider has sold a total of 50,000 shares and has not purchased any shares. This recent transaction is part of a broader trend observed at UiPath Inc, where there have been 17 insider sells and no insider buys over the past year.

The shares of UiPath Inc were trading at $12 on the day of the transaction, giving the company a market cap of approximately $6.76 billion. According to the GF Value, the intrinsic value of the stock is estimated at $21.09, indicating that the stock is significantly undervalued with a price-to-GF-Value ratio of 0.57.

The GF Value is calculated based on historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from analysts.

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This insider sell event and the current valuation metrics provide investors with data points to consider when evaluating their positions in UiPath Inc (PATH, Financial).

This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.