PATH

We had the opportunity to sell our Perion position this morning as the shares reacted to news of a $60 million buy back. Our sale price for $24.41. This netted $16,955. Owning Perion shares has been less than a pleasant experience. The shares are down more than 30% since we entered the position. We redeployed some of…

To access this post, you must subscribe.

Read More

Summary UiPath is the leading vendor, by far, in the Robotic Process Automation space. Last quarter’s results were exceptionally strong and market a breakout in terms of net new ARR. The space itself is bucking macro headwinds and is enjoying strong adoption. Process automation coupled with generative AI simply works much better in terms of…

To access this post, you must subscribe.

Read More

Summary Ui Path is a leader in the Robotic Process Automation space.Its latest quarterly report was far above prior expectations in terms of revenue, non-GAAP profitability and free cash flow generation.Its projections for the coming year reflect conservatism given the significant macro headwinds.The company’s recently held AI Summit showcased the company’s strategy of combining RPA…

To access this post, you must subscribe.

Read More

Are UI Path shares worth it? I initially wrote about UiPath (PATH) for SA when the shares were $70 a little more than a year ago. At that point, they were too highly valued to recommend. Fast forward to June 2022. The shares are now selling for less than $18 on Monday, June 12th. The shares fell by 8%…

To access this post, you must subscribe.

Read More

Last week saw the end of company’s reporting their January ending quarters. We are focusing here on 3 companies, one of which is in our high-growth portfolio. Of these 3 companies, two, Braze and nCino reported quarters significantly better than had been expected. While UiPath also reported a strong quarter, its guidance was more than…

To access this post, you must subscribe.

Read More

Summary Shares of High-Growth software companies have led the market down so far in 2022. The decline in valuations and absolute share prices has been at rates that rival anything in the recent past. This decline has occurred against a background of strong and growing demand in the Information Technology (IT) space. Ironically, software demand…

To access this post, you must subscribe.

Read More

Summary UiPath is one of the creators and a market share leader in the field of Robotic Process Automation. The company has grown prodigiously and growth was accelerating at the end of the last fiscal year. The rapid growth for UiPath was accompanied by one of the more spectacular leaps toward profitability I have seen…

To access this post, you must subscribe.

Read More