Universal Technical Institute, Inc. (NYSE:UTI - Get Free Report) EVP Sherrell Smith sold 39,446 shares of the company's stock in a transaction on Wednesday, March 19th. The stock was sold at an average price of $27.85, for a total transaction of $1,098,571.10. Following the completion of the transaction, the executive vice president now owns 177,912 shares of the company's stock, valued at $4,954,849.20. This trade represents a 18.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Sherrell Smith also recently made the following trade(s):
- On Monday, March 17th, Sherrell Smith sold 36,773 shares of Universal Technical Institute stock. The stock was sold at an average price of $26.68, for a total transaction of $981,103.64.
Universal Technical Institute Trading Down 4.6 %
Shares of NYSE UTI opened at $26.52 on Friday. Universal Technical Institute, Inc. has a 1 year low of $13.66 and a 1 year high of $30.56. The stock has a market cap of $1.44 billion, a P/E ratio of 27.34, a price-to-earnings-growth ratio of 1.92 and a beta of 1.49. The firm has a 50-day moving average of $27.23 and a 200 day moving average of $22.77. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.14 and a quick ratio of 1.14.
Universal Technical Institute (NYSE:UTI - Get Free Report) last issued its earnings results on Wednesday, February 5th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.22. Universal Technical Institute had a net margin of 7.08% and a return on equity of 21.25%. As a group, sell-side analysts expect that Universal Technical Institute, Inc. will post 1 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several brokerages have commented on UTI. Barrington Research upped their price objective on shares of Universal Technical Institute from $30.00 to $35.00 and gave the stock an "outperform" rating in a report on Thursday, February 6th. Rosenblatt Securities increased their price target on shares of Universal Technical Institute from $30.00 to $36.00 and gave the stock a "buy" rating in a research note on Thursday, February 6th. Lake Street Capital lifted their price target on shares of Universal Technical Institute from $22.00 to $31.00 and gave the company a "buy" rating in a research report on Thursday, February 6th. Finally, Northland Securities lifted their price target on shares of Universal Technical Institute from $30.00 to $34.00 and gave the company an "outperform" rating in a research report on Thursday, February 6th. Seven equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $31.17.
Get Our Latest Analysis on Universal Technical Institute
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the company. Arcadia Wealth Management Inc. purchased a new position in Universal Technical Institute in the fourth quarter worth about $713,000. Pullen Investment Management LLC raised its holdings in Universal Technical Institute by 46.4% in the fourth quarter. Pullen Investment Management LLC now owns 95,410 shares of the company's stock worth $2,453,000 after buying an additional 30,250 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in Universal Technical Institute by 31.4% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 74,272 shares of the company's stock worth $1,910,000 after buying an additional 17,768 shares during the last quarter. Two Sigma Investments LP raised its holdings in Universal Technical Institute by 27.2% in the fourth quarter. Two Sigma Investments LP now owns 87,074 shares of the company's stock worth $2,239,000 after buying an additional 18,625 shares during the last quarter. Finally, Tidal Investments LLC purchased a new position in Universal Technical Institute in the fourth quarter worth about $210,000. 75.67% of the stock is owned by hedge funds and other institutional investors.
Universal Technical Institute Company Profile
(
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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.
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