TLDR
- UiPath stock jumped 7.70% in pre-market trading Thursday to $16.79, building on a 5.13% gain from the regular session.
- CEO Daniel Dines sold 736,399 shares between Oct. 1 and Oct. 8 at prices ranging from $12.84 to $14.99 per share under a pre-arranged trading plan.
- The company is shifting from traditional Robotic Process Automation to “agentic” automation with AI agents for complex tasks.
- UiPath has secured partnerships with OpenAI, Microsoft, Google, and Nvidia, including a ChatGPT connector integration.
- The stock hit its highest closing level since May 2024 and is up 22.58% year-to-date, though Wall Street’s consensus price target of $13.44 suggests potential downside.
UiPath stock climbed 7.70% in pre-market trading Thursday, reaching $16.79 per share. The move added $1.12 per share after the bell.
The automation software company closed Wednesday’s regular session at $15.58, up 5.13%. Trading volume nearly doubled the average.
The stock hit its highest closing level since May 2024. On an intraday basis, shares reached their highest point since December 10, 2024.
The rally comes as UiPath shifts its business strategy. The company is moving away from traditional Robotic Process Automation toward what it calls “agentic” automation.
This new approach embeds AI agents to handle complex business tasks. The technology allows enterprises to deploy AI that can execute and optimize processes autonomously.
Strategic Partnerships Drive Momentum
UiPath has locked in deals with several major tech companies. The partnerships include OpenAI, Microsoft, Google, and Nvidia.
One key collaboration involves a ChatGPT connector with OpenAI. These deals were announced in late September and helped the stock break out of its trading range.
The broader AI market rally also boosted sentiment. Mega-cap tech stocks announced high-profile AI deals this week, and positive executive comments about AI’s evolution sent markets to fresh records.
While investors cheered the gains, CEO Daniel Dines was selling shares. Between Oct. 1 and Oct. 8, he sold 736,399 shares under a pre-arranged Rule 10b5-1 trading plan.
The sales occurred on each trading day during that period. He sold approximately 122,733 shares daily from Oct. 1 to Oct. 7, with 122,734 shares sold on Oct. 8.
Prices ranged from $12.84 per share on Oct. 2 to $14.99 per share on Oct. 7. The average sale price came in around $13.91 per share.
Current Holdings and Market Position
After Wednesday’s transaction, Dines holds 29,918,585 shares directly. He holds an additional 736,404 shares indirectly through Ice Vulcan Holding Limited.
His spouse holds another 240,000 shares indirectly. The shares held through Ice Vulcan Holding Limited have IceVulcan Investments Ltd. as the sole shareholder.
Dines is the sole shareholder of IceVulcan Investments Ltd. He retains exclusive voting and investment power over these holdings.
UiPath has gained 22.58% so far in 2025. The stock’s yearly trading range spans from $9.38 to $15.93.
The New York-based company carries a market capitalization of $8.27 billion. Average daily volume sits at 19.72 million shares.
The price-to-earnings ratio stands at 427.08. The company has a Growth score of 86.68 according to Benzinga’s Edge Stock Rankings.
The 14-day relative strength index currently reads 76. This puts the stock in overbought territory and raises the possibility of a pullback.
Retail sentiment on Stocktwits moved into “extremely bullish” territory by late Wednesday. Message volume remained “extremely high.”
One bullish user predicted no slowdown in the rally. Another called UiPath a $45 stock, suggesting shares are undervalued at current levels.
Wall Street analysts take a more cautious view. The consensus price target sits at $13.44, implying roughly 14% downside from Wednesday’s close.
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