Universal Technical Institute, Inc. (NYSE:UTI) insider Kimberly J. Mcwaters purchased 6,499 shares of the business’s stock in a transaction that occurred on Tuesday, January 16th. The stock was acquired at an average price of $2.67 per share, for a total transaction of $17,352.33. Following the acquisition, the insider now owns 710,061 shares in the company, valued at approximately $1,895,862.87. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Universal Technical Institute, Inc. (UTI) opened at $2.54 on Friday. Universal Technical Institute, Inc. has a fifty-two week low of $2.21 and a fifty-two week high of $3.87. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.70 and a quick ratio of 1.70. The firm has a market cap of $63.52, a P/E ratio of -4.70 and a beta of 3.49.

Universal Technical Institute (NYSE:UTI) last issued its quarterly earnings results on Thursday, November 30th. The company reported ($0.08) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.03 by ($0.11). Universal Technical Institute had a negative return on equity of 5.65% and a negative net margin of 2.51%. The business had revenue of $81.33 million during the quarter. analysts expect that Universal Technical Institute, Inc. will post -0.39 earnings per share for the current year.

Several brokerages recently weighed in on UTI. ValuEngine downgraded shares of Universal Technical Institute from a “sell” rating to a “strong sell” rating in a report on Friday, December 1st. Piper Jaffray Companies reiterated a “hold” rating and issued a $6.00 price target on shares of Universal Technical Institute in a report on Tuesday, October 17th. Finally, Zacks Investment Research downgraded shares of Universal Technical Institute from a “hold” rating to a “sell” rating in a report on Tuesday, October 3rd.

Hedge funds and other institutional investors have recently modified their holdings of the company. Macquarie Group Ltd. acquired a new stake in shares of Universal Technical Institute during the 3rd quarter worth approximately $289,000. Alyeska Investment Group L.P. grew its stake in shares of Universal Technical Institute by 52.5% during the 3rd quarter. Alyeska Investment Group L.P. now owns 575,653 shares of the company’s stock worth $1,998,000 after purchasing an additional 198,298 shares during the period. Quantum Capital Management grew its stake in shares of Universal Technical Institute by 1,477.3% during the 3rd quarter. Quantum Capital Management now owns 173,177 shares of the company’s stock worth $601,000 after purchasing an additional 162,198 shares during the period. Janus Henderson Group PLC acquired a new stake in shares of Universal Technical Institute during the 2nd quarter worth approximately $426,000. Finally, Skylands Capital LLC grew its stake in shares of Universal Technical Institute by 44.3% during the 3rd quarter. Skylands Capital LLC now owns 108,000 shares of the company’s stock worth $375,000 after purchasing an additional 33,150 shares during the period. 57.11% of the stock is currently owned by institutional investors and hedge funds.

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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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