13FPulse
PA

PATH UIPATH INC - CLASS A

2026Q2 · CUSIP 90364P105 · Enterprise Software · Sector: Technology

Normal

Fund flows are within the usual range

Funds that own it
513
Institutions that reported holding it to the SEC
Net decrease in holders
18
Last quarter 531 → now 513
How unusual is that
Bottom 20%
Stronger than only 8% of US stocks
What the filings say, in one paragraph

513 funds held PATH at the end of 2026Q2, down 18 from the quarter before. Fund flows are within the usual range — nothing unusual. On the business itself, revenue over the last 12 months was $1.7B(YoY +15.2%), the P/E is 30.0x, return on equity is 17.2%. PATH has had 11 buying rushes in its history, and the price moved -14.0% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Technology sector, tagged Enterprise Software.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2021Q3: holders=269 2021Q4: holders=326 2022Q1: holders=287 2022Q2: holders=309 2022Q3: holders=299 2022Q4: holders=335 2023Q1: holders=354 2023Q2: holders=405 2023Q3: holders=415 2023Q4: holders=498 2024Q1: holders=514 2024Q2: holders=475 2024Q3: holders=417 2024Q4: holders=457 2025Q1: holders=444 2025Q2: holders=456 2025Q3: holders=472 2025Q4: holders=539 2026Q1: holders=531 2026Q2: holders=513 -83 -41.5 +0 +41.5 +83 242404566 21Q322Q122Q323Q123Q324Q124Q325Q125Q326Q126Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 11 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2025Q4 Top 10% -2.3% -3.9%
2024Q4 Top 20% -27.5% -13.5%
2024Q1 Top 20% -35.1% -40.4%
2023Q4 Top 5% -14.5% -18.2%
2023Q3 Top 20% +25.4% +32.3%
2023Q2 Top 5% +12.8% +18.1%
2023Q1 Top 10% +13.9% -3.6%
2022Q4 Top 20% +7.6% -3.7%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
204
Change in large funds
+10
Total value they hold
$3.9B
Funds buying for the first time
91
Funds that sold out entirely
109
Price change that quarter
+69.1%
Funds holding puts (bearish)
23
Funds holding calls (bullish)
28

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
30.0
EPS (TTM)
$0.60
EPS YoY
Revenue (TTM)
$1.7B
Revenue YoY
+15.2%
Net margin
19.6%
ROE
17.2%
Debt ratio
34.5%
FCF (TTM)
$375M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2022-07-31: EPS -0.22 2022-10-31: EPS -0.10 2023-01-31: EPS -0.05 2023-04-30: EPS -0.06 2023-07-31: EPS -0.11 2023-10-31: EPS -0.06 2024-01-31: EPS 0.07 2024-04-30: EPS -0.05 2024-07-31: EPS -0.15 2024-10-31: EPS -0.02 2025-01-31: EPS 0.09 2025-04-30: EPS -0.04 2025-07-31: EPS 0.00 2025-10-31: EPS 0.37 2026-01-31: EPS 0.19 2026-04-30: EPS 0.04 0M 241M 481M $M -0.24 0.08 0.41 202020212022202320242025202604/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
16 210 405 20252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-63M58M179M 2020202120222023202420252026
Latest quarter $129M (2026-04-30)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-04-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.