Loretta Lydia Sanchez Sells 6,288 Shares of Universal Technical Institute, Inc. (NYSE:UTI) Stock

Universal Technical Institute, Inc. (NYSE:UTIGet Free Report) Director Loretta Lydia Sanchez sold 6,288 shares of the business’s stock in a transaction that occurred on Friday, May 24th. The shares were sold at an average price of $15.22, for a total value of $95,703.36. Following the transaction, the director now directly owns 13,712 shares in the company, valued at $208,696.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Loretta Lydia Sanchez also recently made the following trade(s):

  • On Tuesday, March 26th, Loretta Lydia Sanchez sold 8,719 shares of Universal Technical Institute stock. The shares were sold at an average price of $15.07, for a total value of $131,395.33.

Universal Technical Institute Price Performance

Shares of UTI stock opened at $16.05 on Friday. The stock has a market cap of $863.49 million, a price-to-earnings ratio of 44.58, a PEG ratio of 1.52 and a beta of 1.22. The business’s fifty day moving average is $15.17 and its 200 day moving average is $13.97. Universal Technical Institute, Inc. has a twelve month low of $6.20 and a twelve month high of $17.09. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.60.

Universal Technical Institute (NYSE:UTIGet Free Report) last released its earnings results on Wednesday, May 8th. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.01). Universal Technical Institute had a return on equity of 10.55% and a net margin of 2.97%. The company had revenue of $184.18 million during the quarter, compared to the consensus estimate of $177.01 million. Research analysts expect that Universal Technical Institute, Inc. will post 0.71 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on UTI shares. Rosenblatt Securities reissued a “buy” rating and set a $18.00 target price on shares of Universal Technical Institute in a research note on Monday, April 29th. B. Riley reissued a “buy” rating and set a $22.00 target price (up from $20.00) on shares of Universal Technical Institute in a research note on Thursday. Barrington Research reissued an “outperform” rating and set a $20.00 target price on shares of Universal Technical Institute in a research note on Tuesday. TheStreet raised Universal Technical Institute from a “c+” rating to a “b” rating in a research note on Thursday, February 1st. Finally, StockNews.com cut Universal Technical Institute from a “buy” rating to a “hold” rating in a research note on Wednesday. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, Universal Technical Institute presently has a consensus rating of “Moderate Buy” and an average price target of $17.40.

View Our Latest Research Report on Universal Technical Institute

Institutional Investors Weigh In On Universal Technical Institute

Several hedge funds have recently added to or reduced their stakes in UTI. International Assets Investment Management LLC boosted its holdings in Universal Technical Institute by 1,152.0% in the fourth quarter. International Assets Investment Management LLC now owns 3,130 shares of the company’s stock worth $39,000 after acquiring an additional 2,880 shares in the last quarter. Tower Research Capital LLC TRC boosted its holdings in Universal Technical Institute by 297.3% in the fourth quarter. Tower Research Capital LLC TRC now owns 6,186 shares of the company’s stock worth $77,000 after acquiring an additional 4,629 shares in the last quarter. AJOVista LLC bought a new stake in Universal Technical Institute in the fourth quarter worth $78,000. Bfsg LLC bought a new position in shares of Universal Technical Institute during the fourth quarter valued at $102,000. Finally, Brandywine Global Investment Management LLC lifted its holdings in shares of Universal Technical Institute by 8.3% during the third quarter. Brandywine Global Investment Management LLC now owns 15,540 shares of the company’s stock valued at $130,000 after purchasing an additional 1,190 shares in the last quarter. 75.67% of the stock is owned by institutional investors.

About Universal Technical Institute

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Universal Technical Institute Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Universal Technical Institute and related companies with MarketBeat.com's FREE daily email newsletter.