Teton Advisors Inc. Sells 29,000 Shares of Universal Technical Institute Inc $UTI

Teton Advisors Inc. lessened its holdings in Universal Technical Institute Inc (NYSE:UTI) by 67.4% during the second quarter, Holdings Channel.com reports. The institutional investor owned 14,000 shares of the company’s stock after selling 29,000 shares during the quarter. Teton Advisors Inc.’s holdings in Universal Technical Institute were worth $474,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of UTI. Congress Asset Management Co. bought a new stake in Universal Technical Institute during the second quarter worth $63,265,000. Lord Abbett & CO. LLC grew its stake in Universal Technical Institute by 58.3% in the 1st quarter. Lord Abbett & CO. LLC now owns 2,924,499 shares of the company’s stock valued at $75,101,000 after purchasing an additional 1,077,076 shares during the period. Driehaus Capital Management LLC purchased a new stake in shares of Universal Technical Institute during the 1st quarter valued at $20,631,000. Loomis Sayles & Co. L P bought a new stake in shares of Universal Technical Institute during the 2nd quarter worth $18,559,000. Finally, American Century Companies Inc. raised its stake in shares of Universal Technical Institute by 38.1% during the 1st quarter. American Century Companies Inc. now owns 1,343,822 shares of the company’s stock worth $34,509,000 after purchasing an additional 370,660 shares during the period. 75.67% of the stock is owned by institutional investors.

Universal Technical Institute Stock Up 1.7%

UTI opened at $24.92 on Thursday. The company has a 50 day moving average of $29.39 and a 200 day moving average of $30.39. The company has a market cap of $1.36 billion, a PE ratio of 21.86, a price-to-earnings-growth ratio of 2.09 and a beta of 1.37. Universal Technical Institute Inc has a 12 month low of $21.29 and a 12 month high of $36.32. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.83.

Universal Technical Institute (NYSE:UTI) last issued its earnings results on Wednesday, November 19th. The company reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.26 by $0.08. The business had revenue of $222.44 million for the quarter, compared to analysts’ expectations of $219.33 million. Universal Technical Institute had a net margin of 7.54% and a return on equity of 25.65%. Universal Technical Institute has set its FY 2026 guidance at 0.710-0.800 EPS. On average, sell-side analysts expect that Universal Technical Institute Inc will post 1 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on UTI shares. Barrington Research restated an “outperform” rating and set a $36.00 price target on shares of Universal Technical Institute in a research report on Thursday, November 20th. Wall Street Zen downgraded shares of Universal Technical Institute from a “buy” rating to a “hold” rating in a research report on Sunday, September 21st. Weiss Ratings reiterated a “buy (b-)” rating on shares of Universal Technical Institute in a research note on Monday. Rosenblatt Securities reissued a “buy” rating and issued a $36.00 target price on shares of Universal Technical Institute in a research report on Thursday, November 20th. Finally, Zacks Research lowered Universal Technical Institute from a “hold” rating to a “strong sell” rating in a research note on Monday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $35.83.

Insider Activity

In related news, Director Coliseum Capital Management, L acquired 467,020 shares of the firm’s stock in a transaction that occurred on Tuesday, December 2nd. The shares were bought at an average cost of $24.40 per share, for a total transaction of $11,395,288.00. Following the purchase, the director owned 3,424,374 shares in the company, valued at $83,554,725.60. This trade represents a 15.79% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 15.10% of the company’s stock.

Universal Technical Institute Company Profile

Universal Technical Institute, Inc provides transportation, skilled trades, and healthcare education programs in the United States. The company operates in two segments, UTI and Concorde. It offers certificate, diploma, or degree programs under various brands, such as Universal Technical Institute, Motorcycle Mechanics Institute, Marine Mechanics Institute, NASCAR Technical Institute, and MIAT College of Technology.