UiPath Shares Drop 7.7% on Unusually Thin Trading

Thin trading amplified the decline, with cautious analyst targets and high institutional ownership leaving few fresh buyers.

Overview

UiPath shares fell about 7.7% Wednesday to roughly $11.11 after a prior close of $12.04, touching an intraday low near $11.00.
The company beat revenue estimates in its late‑May quarter, reporting $418.38 million in revenue, up 17.3% year over year, and EPS of $0.15 that matched consensus.
Trading volume was extremely light at about 6.4 million shares, roughly 85% below the stock’s average daily volume of 41.4 million, a liquidity shortfall that magnified the price move.
Analysts remain mostly neutral: 14 of 17 rate the stock a Hold with a $13.80 consensus price target, and several major firms have trimmed targets in recent weeks.
Institutional holders own about 62.5% of UiPath and Convergence Investment Partners opened a modest Q1 stake of 396,363 shares, a positioning backdrop that, combined with thin liquidity, can produce outsized swings and limit near‑term buying pressure.