Carolyn Ann Frank Sells 1,750 Shares of Universal Technical Institute (NYSE:UTI) Stock

Key Points

  • SVP Carolyn Ann Frank sold 1,750 shares of Universal Technical Institute at an average price of $30.08 on Feb. 13 for $52,640, reducing her stake by 5.46% to 30,272 shares (filed with the SEC).
  • Universal Technical Institute beat Q4 estimates, reporting EPS of $0.23 vs. $0.15 and revenue of $220.8M vs. $216.7M, while the company sports a market cap of about $1.71B and a 1‑year trading range of $21.29–$36.32.
  • Analyst sentiment is mixed but tilted positive with a MarketBeat consensus of "Moderate Buy" and a average price target of $36.20; the stock opened near $31.06 (up ~2.3%) and ~75.7% of shares are held by institutions.

Universal Technical Institute Inc (NYSE:UTI - Get Free Report) SVP Carolyn Ann Frank sold 1,750 shares of the business's stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $30.08, for a total transaction of $52,640.00. Following the completion of the sale, the senior vice president owned 30,272 shares in the company, valued at $910,581.76. The trade was a 5.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Universal Technical Institute Trading Up 2.3%

Shares of NYSE:UTI opened at $31.06 on Wednesday. The stock has a market capitalization of $1.71 billion, a price-to-earnings ratio of 32.02, a PEG ratio of 2.63 and a beta of 1.36. Universal Technical Institute Inc has a 1-year low of $21.29 and a 1-year high of $36.32. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.14 and a current ratio of 1.14. The company has a 50 day moving average price of $27.24 and a 200 day moving average price of $28.03.

Universal Technical Institute (NYSE:UTI - Get Free Report) last posted its quarterly earnings results on Wednesday, February 4th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.08. The company had revenue of $220.84 million for the quarter, compared to analysts' expectations of $216.65 million. Universal Technical Institute had a return on equity of 16.98% and a net margin of 6.28%. On average, research analysts anticipate that Universal Technical Institute Inc will post 1 EPS for the current fiscal year.

Institutional Trading of Universal Technical Institute




Several institutional investors have recently made changes to their positions in the stock. Verdence Capital Advisors LLC increased its stake in Universal Technical Institute by 3.4% in the 3rd quarter. Verdence Capital Advisors LLC now owns 11,259 shares of the company's stock valued at $383,000 after buying an additional 367 shares during the period. Leuthold Group LLC boosted its stake 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 valued at $3,704,000 after buying an additional 439 shares during the period. Verition Fund Management LLC grew 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 valued at $685,000 after acquiring an additional 441 shares in the last quarter. Engineers Gate Manager LP grew 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 valued at $417,000 after acquiring an additional 506 shares in the last quarter. Finally, SkyView Investment Advisors LLC increased its stake in shares of 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 acquiring an additional 506 shares during the last quarter. 75.67% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the company. Barrington Research reiterated an "outperform" rating and issued a $36.00 price target on shares of Universal Technical Institute in a research report on Thursday, February 5th. Zacks Research upgraded shares of Universal Technical Institute from a "strong sell" rating to a "hold" rating in a report on Friday, February 6th. Wall Street Zen downgraded shares of Universal Technical Institute from a "hold" rating to a "sell" rating in a research report on Saturday, February 7th. Rosenblatt Securities restated a "buy" rating and set a $36.00 price target on shares of Universal Technical Institute in a report on Thursday, February 5th. Finally, Weiss Ratings downgraded shares of Universal Technical Institute from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Friday, February 6th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Universal Technical Institute presently has an average rating of "Moderate Buy" and a consensus price target of $36.20.

Read Our Latest Stock Report on UTI

Universal Technical Institute Company Profile

(Get Free Report)

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.

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