UiPath COO & CFO Ashim Gupta sells over $575k in company stock

UiPath, Inc. (NYSE:PATH ) COO & CFO Ashim Gupta has sold a significant portion of his company stock, totaling over $575,000. The transactions, which took place on September 13, 2024, involved the sale of Class A Common Stock at prices ranging from $12.0699 to $12.1 per share.


The automated software provider, which specializes in prepackaged software services, saw its executive Gupta dispose of 47,671 shares in total. The sales were conducted under a prearranged trading plan that complies with Rule 10b5-1, which allows company insiders to set up a trading plan for selling stocks they own.


According to the filings, the sales were executed in two separate transactions. The first sale was for 446 shares at a price of $12.10 each, and the second, larger transaction involved 47,225 shares sold at prices ranging from $12.00 to $12.13. Following these transactions, Gupta still holds a substantial amount of UiPath stock, owning 849,917 shares after the sales were completed.


Investors often pay close attention to insider sales as they can provide insights into executives' perspectives on the company's current valuation and future prospects. However, it is not uncommon for executives to sell shares for reasons that may not necessarily indicate a lack of confidence in the company, such as diversifying their investment portfolio or meeting personal financial objectives.


UiPath, headquartered in New York and incorporated in Delaware, has been a key player in the field of robotic process automation, a technology that enables businesses to automate routine tasks and improve efficiency.


The company has not made any official statements regarding the transactions, and it is standard practice for executives to file such disclosures with the SEC. Interested parties can request full information on the number of shares sold at each price point from Gupta, as per the SEC filing.



In other recent news, UiPath, a significant player in the enterprise automation software market, has outperformed its Q2 fiscal 2025 expectations. The company reported a 19% year-over-year increase in annual recurring revenue (ARR), reaching $1.551 billion, and a notable 65% surge in cloud ARR, which stands at over $850 million. The second-quarter revenue was $316 million, marking a 10% increase from the previous year.


UiPath also reported strong non-GAAP adjusted free cash flow at $49 million. Looking forward, the company anticipates third-quarter revenue to be between $345 million and $350 million and projects full-year 2025 revenue to range from $1.420 billion to $1.425 billion.


These recent developments indicate a robust position in the enterprise automation market, with a focus on continuous innovation and customer-centric growth. CFO Ashim Gupta is expanding his role to Chief Operating Officer to enhance financial and operational efficiencies. Despite an unpredictable economic landscape, UiPath sees AI capabilities as a meaningful opportunity to drive value and differentiation with customers.
InvestingPro Insights


As UiPath Inc. (NYSE:PATH) navigates the dynamic market of robotic process automation, recent insider trading activity has caught the attention of investors. COO & CFO Ashim Gupta's sale of shares has raised questions about the company's current valuation and future prospects. To provide a clearer picture, it's essential to consider the latest data and insights from InvestingPro.


InvestingPro Data reveals that UiPath has a market capitalization of approximately $6.75 billion, which is significant for a company in the software automation space. Despite not being profitable over the last twelve months, UiPath boasts impressive gross profit margins of 84.03% as of Q2 2025. This high margin indicates the company's ability to generate substantial revenue relative to the cost of goods sold, which is a positive sign for potential investors.


One of the notable InvestingPro Tips is that management has been aggressively buying back shares, which can often be interpreted as a sign of confidence in the company's future performance and valuation. Additionally, UiPath holds more cash than debt on its balance sheet, providing financial stability and flexibility. This is particularly important as it suggests the company is well-positioned to invest in growth opportunities or weather economic downturns.


Investors should also consider the long-term potential of UiPath. Analysts have revised their earnings upwards for the upcoming period, with predictions that the company will be profitable this year. This forward-looking optimism is supported by the fact that UiPath's net income is expected to grow within the year, which could lead to an improved P/E ratio from the current -62.42.


While Gupta's stock sale may prompt discussions, it's essential to look at the broader financial health and growth prospects of UiPath. For more in-depth analysis and additional InvestingPro Tips, interested investors can explore further insights on InvestingPro, which currently lists 9 tips for UiPath at https://www.investing.com/pro/PATH.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Source: Investing.com

Останні публікації
Trump rejects Harris' challenge to debate again on CNN
21.09.2024 - 23:00
GM to begin laying off about 1,700 workers at Kansas plant, WARN notice shows
21.09.2024 - 22:00
Harris agrees to CNN debate, Trump campaign nixes idea
21.09.2024 - 22:00
Harris accepts CNN invitation to second debate, urges Trump to join
21.09.2024 - 20:00
Court gives 5 days for X to validate its Brazil legal representative
21.09.2024 - 19:00
Hedge funds well-positioned to navigate market swings, says UBS
21.09.2024 - 18:00
SAIC Volkswagen says adjusting plant base "necessary"
21.09.2024 - 13:00
Selling season, election ahead, but keep an eye on ’25, says Wells Fargo
21.09.2024 - 13:00
Investors should de-risk ahead of US elections, BCA says
21.09.2024 - 13:00
How to play the AI Enterprise Software revolution
21.09.2024 - 12:00
Qualcomm approached Intel about a takeover in recent days, source says
21.09.2024 - 08:00
Eliem therapeutics executive sells over $9,000 in company stock
21.09.2024 - 06:00
Nvidia's principal accounting officer sells shares worth over $520,000
21.09.2024 - 05:00
Mara Holdings CFO sells over $262k in company stock
21.09.2024 - 05:00
Mara Holdings CEO sells shares worth over $430k
21.09.2024 - 05:00

© Analytic DC. All Rights Reserved.

new
Аналіз трейдера Аналіз трейдера за 20.09.24
Ласкаво просимо в чат підтримки!
*
*

Ваш запит успішно надіслано!
Скоро з вами зв′яжуться.