Universal Technical Institute Inc (NYSE:UTI – Get Free Report) Director Coliseum Capital Management, L sold 3,000,000 shares of the company’s stock in a transaction on Monday, June 8th. The stock was sold at an average price of $41.40, for a total value of $124,200,000.00. Following the transaction, the director directly owned 971,440 shares in the company, valued at approximately $40,217,616. The trade was a 75.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link.
Universal Technical Institute Stock Up 0.9%
Shares of UTI stock traded up $0.34 during trading hours on Wednesday, reaching $39.62. 1,331,093 shares of the company’s stock were exchanged, compared to its average volume of 891,724. The stock’s 50 day moving average is $38.00 and its 200-day moving average is $32.35. The company has a market cap of $2.18 billion, a price-to-earnings ratio of 51.45, a P/E/G ratio of 3.77 and a beta of 1.25. The company has a current ratio of 1.17, a quick ratio of 1.17 and a debt-to-equity ratio of 0.38. Universal Technical Institute Inc has a fifty-two week low of $21.29 and a fifty-two week high of $45.74.
Universal Technical Institute (NYSE:UTI – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $221.40 million for the quarter, compared to the consensus estimate of $221.61 million. Universal Technical Institute had a return on equity of 13.02% and a net margin of 4.91%. Analysts predict that Universal Technical Institute Inc will post 0.76 earnings per share for the current fiscal year.
Wall Street Analyst Weigh In
View Our Latest Stock Analysis on Universal Technical Institute
Institutional Investors Weigh In On Universal Technical Institute
Several hedge funds have recently added to or reduced their stakes in the business. Leuthold Group LLC raised its position in shares of Universal Technical Institute by 0.3% during the 4th quarter. Leuthold Group LLC now owns 141,748 shares of the company’s stock worth $3,704,000 after purchasing an additional 439 shares during the last quarter. Verition Fund Management LLC increased its holdings in shares of Universal Technical Institute by 2.1% during the 3rd quarter. Verition Fund Management LLC now owns 21,034 shares of the company’s stock worth $685,000 after buying an additional 441 shares during the last quarter. ANB Bank increased its holdings in shares of Universal Technical Institute by 5.8% during the 1st quarter. ANB Bank now owns 8,960 shares of the company’s stock worth $323,000 after buying an additional 491 shares during the last quarter. Engineers Gate Manager LP increased its holdings in shares of Universal Technical Institute by 4.3% during the 2nd quarter. Engineers Gate Manager LP now owns 12,299 shares of the company’s stock worth $417,000 after buying an additional 506 shares during the last quarter. Finally, SkyView Investment Advisors LLC boosted its position in shares of Universal Technical Institute by 1.2% during the 2nd quarter. SkyView Investment Advisors LLC now owns 42,404 shares of the company’s stock worth $1,460,000 after purchasing an additional 506 shares during the period. 75.67% of the stock is owned by hedge funds and other institutional investors.
Universal Technical Institute Company Profile
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.
Featured Stories
- Five stocks we like better than Universal Technical Institute
- Everpure: AI Storage Uncertainty Overshadows Breakneck Growth
- This Tech ETF Is Beating QQQ—and Canada May Be Part of the Reason
- Intel Is the Market’s Most Mispriced AI Hedge
- The Biggest Opportunity From SpaceX’s IPO May Surprise You
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.
-co-ltd-logo-1200x675.png){kind=logo}
