Universal Technical Institute Inc $UTI Shares Sold by AWM Investment Company Inc.

AWM Investment Company Inc. cut its position in shares of Universal Technical Institute Inc (NYSE:UTIFree Report) by 18.4% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 422,700 shares of the company’s stock after selling 95,000 shares during the quarter. Universal Technical Institute comprises 1.6% of AWM Investment Company Inc.’s portfolio, making the stock its 20th biggest position. AWM Investment Company Inc. owned about 0.78% of Universal Technical Institute worth $14,325,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Penserra Capital Management LLC purchased a new stake in shares of Universal Technical Institute during the 2nd quarter worth about $28,000. KBC Group NV purchased a new stake in Universal Technical Institute during the second quarter worth approximately $34,000. PNC Financial Services Group Inc. grew its stake in Universal Technical Institute by 17,142.9% during the second quarter. PNC Financial Services Group Inc. now owns 1,207 shares of the company’s stock worth $41,000 after buying an additional 1,200 shares during the period. NewEdge Advisors LLC acquired a new stake in shares of Universal Technical Institute in the first quarter worth $57,000. Finally, Caitong International Asset Management Co. Ltd purchased a new position in shares of Universal Technical Institute in the 1st quarter valued at $68,000. 75.67% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

Read Our Latest Stock Analysis on UTI

Insider Activity at Universal Technical Institute

In other news, Director Coliseum Capital Management, L acquired 467,020 shares of Universal Technical Institute stock in a transaction that occurred on Tuesday, December 2nd. The shares were purchased at an average cost of $24.40 per share, for a total transaction of $11,395,288.00. Following the completion of the purchase, the director directly owned 3,424,374 shares of the company’s stock, 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 SEC, which is accessible through the SEC website. In the last ninety days, insiders purchased 1,255,173 shares of company stock valued at $30,812,798. 15.10% of the stock is currently owned by company insiders.

Universal Technical Institute Stock Down 0.7%

UTI stock opened at $24.81 on Friday. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.83. The firm has a 50 day simple moving average of $28.44 and a 200-day simple moving average of $29.93. The company has a market capitalization of $1.35 billion, a P/E ratio of 21.76, a PEG ratio of 2.18 and a beta of 1.37. Universal Technical Institute Inc has a twelve month low of $21.29 and a twelve month high of $36.32.

Universal Technical Institute (NYSE:UTIGet Free Report) 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 analyst estimates 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, equities research analysts predict that Universal Technical Institute Inc will post 1 earnings per share for the current fiscal year.

Universal Technical Institute Profile

(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.

Recommended Stories

Want to see what other hedge funds are holding UTI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Universal Technical Institute Inc (NYSE:UTIFree Report).

Institutional Ownership by Quarter for Universal Technical Institute (NYSE:UTI)

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.