Coliseum Capital Management, L Purchases 467,020 Shares of Universal Technical Institute (NYSE:UTI) Stock

Universal Technical Institute Inc (NYSE:UTIGet Free Report) Director Coliseum Capital Management, L acquired 467,020 shares of Universal Technical Institute stock in a transaction dated Tuesday, December 2nd. The shares were acquired at an average price of $24.40 per share, with a total value of $11,395,288.00. Following the completion of the acquisition, the director directly owned 3,424,374 shares of the company’s stock, valued at approximately $83,554,725.60. The trade was a 15.79% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Coliseum Capital Management, L also recently made the following trade(s):

  • On Monday, December 1st, Coliseum Capital Management, L bought 241,087 shares of Universal Technical Institute stock. The stock was acquired at an average price of $23.79 per share, for a total transaction of $5,735,459.73.

Universal Technical Institute Price Performance

Shares of NYSE UTI opened at $26.09 on Friday. The stock has a market cap of $1.42 billion, a price-to-earnings ratio of 22.89, a PEG ratio of 2.18 and a beta of 1.37. The company has a debt-to-equity ratio of 0.83, a quick ratio of 1.07 and a current ratio of 1.07. Universal Technical Institute Inc has a fifty-two week low of $21.29 and a fifty-two week high of $36.32. The firm’s 50-day simple moving average is $29.29 and its 200 day simple moving average is $30.36.

Universal Technical Institute (NYSE:UTIGet Free Report) last issued its quarterly earnings data on Wednesday, November 19th. The company reported $0.34 EPS for the quarter, topping the consensus estimate of $0.26 by $0.08. Universal Technical Institute had a return on equity of 25.65% and a net margin of 7.54%.The firm had revenue of $222.44 million during the quarter, compared to the consensus estimate of $219.33 million. Universal Technical Institute has set its FY 2026 guidance at 0.710-0.800 EPS. As a group, research analysts anticipate that Universal Technical Institute Inc will post 1 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Verdence Capital Advisors LLC grew its stake in Universal Technical Institute by 3.4% during the third quarter. Verdence Capital Advisors LLC now owns 11,259 shares of the company’s stock valued at $383,000 after acquiring an additional 367 shares in the last quarter. Verition Fund Management LLC lifted its position in Universal Technical Institute by 2.1% in 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. Engineers Gate Manager LP lifted its holdings in shares of Universal Technical Institute by 4.3% in the 2nd quarter. Engineers Gate Manager LP now owns 12,299 shares of the company’s stock worth $417,000 after acquiring an additional 506 shares during the last quarter. SkyView Investment Advisors LLC lifted its stake in Universal Technical Institute by 1.2% in the second 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 last quarter. Finally, New York State Teachers Retirement System boosted its holdings in Universal Technical Institute by 17.0% during the 2nd quarter. New York State Teachers Retirement System now owns 4,254 shares of the company’s stock valued at $144,000 after acquiring an additional 618 shares during the period. Institutional investors own 75.67% of the company’s stock.

Wall Street Analysts Forecast Growth

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

View Our Latest Stock Report on UTI

Universal Technical Institute Company Profile

(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.

See Also

Insider Buying and Selling 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.