Capital Impact Advisors sold $35.07 million of UiPath shares in Q1 2026 despite the company posting 17% revenue growth and first-ever GAAP operating profitability

Capital Impact Advisors sold 2,753,724 shares of UiPath (PATH) during the first quarter, valued at an estimated $35.07 million based on quarterly average pricing, as disclosed in an SEC filing dated May 14, 2026. The fund's remaining holding stood at 434,882 shares worth $4.83 million.

UiPath posted revenue growth of 17% year over year to $418 million in its latest quarter, with annual recurring revenue climbing 12% to $1.9 billion and the company achieving its first-ever quarter of GAAP operating profitability. Management noted growing adoption of its agentic AI products (AI systems that autonomously complete tasks).

UiPath shares were priced at $11.72 as of Friday, down about 10% over the past year and underperforming the S&P 500, which is up about 28% in the same period. The company holds $1.42 billion in cash, cash equivalents, and marketable securities.