Universal Technical Institute (NYSE:UTI) SVP Sells $52,640.00 in Stock

Universal Technical Institute Inc (NYSE:UTI) SVP Carolyn Ann Frank sold 1,750 shares of the business’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $30.08, for a total value of $52,640.00. Following the transaction, the senior vice president owned 30,272 shares in the company, valued at approximately $910,581.76. This trade represents a 5.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Universal Technical Institute Stock Up 2.3%

Universal Technical Institute stock traded up $0.71 during midday trading on Tuesday, reaching $31.06. The company’s stock had a trading volume of 1,716,035 shares, compared to its average volume of 716,301. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a market capitalization of $1.71 billion, a P/E ratio of 32.02, a PEG ratio of 2.63 and a beta of 1.36. The stock’s 50-day simple moving average is $27.11 and its 200-day simple moving average is $28.03. Universal Technical Institute Inc has a 52-week low of $21.29 and a 52-week high of $36.32.

Universal Technical Institute (NYSE:UTI) last released its earnings results on Wednesday, February 4th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.08. Universal Technical Institute had a return on equity of 16.98% and a net margin of 6.28%.The firm had revenue of $220.84 million for the quarter, compared to the consensus estimate of $216.65 million. On average, sell-side analysts expect that Universal Technical Institute Inc will post 1 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have issued reports on UTI shares. Rosenblatt Securities reissued a “buy” rating and set a $36.00 price target on shares of Universal Technical Institute in a research report on Thursday, February 5th. Wall Street Zen lowered shares of Universal Technical Institute from a “hold” rating to a “sell” rating in a research note on Saturday, February 7th. Weiss Ratings cut shares of Universal Technical Institute from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, February 6th. Barrington Research reaffirmed an “outperform” rating and issued a $36.00 price target on shares of Universal Technical Institute in a report on Thursday, February 5th. Finally, Zacks Research upgraded Universal Technical Institute from a “strong sell” rating to a “hold” rating in a research note on Friday, February 6th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $36.20.

Hedge Funds Weigh In On Universal Technical Institute

A number of hedge funds have recently bought and sold shares of the business. Coliseum Capital Management LLC increased its position in shares of Universal Technical Institute by 46.2% in the fourth quarter. Coliseum Capital Management LLC now owns 3,971,440 shares of the company’s stock valued at $103,774,000 after buying an additional 1,255,173 shares in the last quarter. Park West Asset Management LLC grew its stake in Universal Technical Institute by 6.3% in the 4th quarter. Park West Asset Management LLC now owns 496,923 shares of the company’s stock valued at $12,985,000 after acquiring an additional 29,650 shares during the period. Trexquant Investment LP increased its holdings in Universal Technical Institute by 64.0% in the 4th quarter. Trexquant Investment LP now owns 131,342 shares of the company’s stock worth $3,432,000 after acquiring an additional 51,272 shares in the last quarter. Laurion Capital Management LP purchased a new stake in Universal Technical Institute in the 4th quarter worth $637,000. Finally, Price T Rowe Associates Inc. MD raised its position in Universal Technical Institute by 65.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 1,599,534 shares of the company’s stock worth $41,797,000 after acquiring an additional 631,070 shares during the period. Hedge funds and other institutional investors own 75.67% of the company’s stock.

About Universal Technical Institute

Universal Technical Institute, Inc (NYSE: UTI) is a leading provider of post-secondary education for students pursuing careers as professional automotive, diesel, collision repair, motorcycle and marine technicians, as well as in welding and CNC machining. The company designs and delivers hands-on training through a blend of classroom instruction and experiential lab work, preparing graduates for entry-level positions in the transportation, manufacturing and energy sectors. UTI’s curriculum emphasizes industry-recognized credentials and proprietary coursework developed in collaboration with original equipment manufacturers (OEMs) to ensure alignment with evolving employer needs.

Through a network of campus locations across the United States and select centers in Canada, Universal Technical Institute offers diploma and certificate programs ranging from 36 to 74 weeks in length.