Universal Technical Institute Inc (NYSE:UTI) insider Kimberly J. Mcwaters acquired 5,139 shares of the company’s stock in a transaction that occurred on Monday, October 16th. The stock was purchased at an average cost of $3.44 per share, for a total transaction of $17,678.16. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.

Shares of Universal Technical Institute Inc (NYSE:UTI) opened at 3.31 on Friday. Universal Technical Institute Inc has a 12-month low of $1.50 and a 12-month high of $5.38. The firm’s market cap is $81.95 million. The company has a 50 day moving average of $3.38 and a 200-day moving average of $3.54.

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Several large investors have recently modified their holdings of UTI. Wells Fargo & Company MN boosted its stake in shares of Universal Technical Institute by 1.2% in the 1st quarter. Wells Fargo & Company MN now owns 149,375 shares of the company’s stock valued at $516,000 after purchasing an additional 1,741 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Universal Technical Institute by 1.0% in the 1st quarter. Bank of New York Mellon Corp now owns 42,122 shares of the company’s stock valued at $145,000 after purchasing an additional 400 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Universal Technical Institute by 8.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 753,977 shares of the company’s stock valued at $2,601,000 after purchasing an additional 58,486 shares in the last quarter. Renaissance Technologies LLC boosted its stake in shares of Universal Technical Institute by 5.6% in the 1st quarter. Renaissance Technologies LLC now owns 1,152,600 shares of the company’s stock valued at $3,976,000 after purchasing an additional 61,600 shares in the last quarter. Finally, Skylands Capital LLC acquired a new stake in shares of Universal Technical Institute in the 2nd quarter valued at $267,000. Institutional investors own 58.80% of the company’s stock.

A number of analysts recently weighed in on UTI shares. ValuEngine raised shares of Universal Technical Institute from a “sell” rating to a “hold” rating in a report on Tuesday, June 27th. Zacks Investment Research raised shares of Universal Technical Institute from a “sell” rating to a “hold” rating in a report on Wednesday, July 5th. Finally, Piper Jaffray Companies reaffirmed a “hold” rating and issued a $6.00 price objective on shares of Universal Technical Institute in a report on Tuesday.

Universal Technical Institute Company Profile

Universal Technical Institute, Inc is a provider of postsecondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians as measured by total average undergraduate full-time enrollment and graduates. The Company offers undergraduate degree or diploma programs at approximately 12 campuses across the United States under the banner of various brands, including Universal Technical Institute (UTI), Motorcycle Mechanics Institute and Marine Mechanics Institute (collectively, MMI) and NASCAR Technical Institute (NASCAR Tech).

Insider Buying and Selling by Quarter for Universal Technical Institute (NYSE:UTI)

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