Universal Technical Institute Inc (NYSE:UTI) Chairman Kimberly J. Mcwaters purchased 5,000 shares of Universal Technical Institute stock in a transaction that occurred on Tuesday, August 15th. The stock was acquired at an average cost of $3.42 per share, with a total value of $17,100.00. Following the acquisition, the chairman now directly owns 626,412 shares of the company’s stock, valued at approximately $2,142,329.04. The purchase was disclosed in a document filed with the SEC, which is accessible through this link.

Universal Technical Institute Inc (NYSE:UTI) traded up 2.63% on Wednesday, reaching $3.51. The company’s stock had a trading volume of 18,146 shares. Universal Technical Institute Inc has a 52 week low of $1.42 and a 52 week high of $5.38. The stock’s 50 day moving average is $3.58 and its 200-day moving average is $3.55. The firm’s market capitalization is $86.90 million.

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Institutional investors have recently bought and sold shares of the company. Spark Investment Management LLC acquired a new position in Universal Technical Institute during the second quarter worth approximately $107,000. Bank of New York Mellon Corp raised its position in shares of Universal Technical Institute by 1.0% in the first quarter. Bank of New York Mellon Corp now owns 42,122 shares of the company’s stock valued at $145,000 after buying an additional 400 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of Universal Technical Institute by 4.9% in the second quarter. Goldman Sachs Group Inc. now owns 44,919 shares of the company’s stock valued at $160,000 after buying an additional 2,086 shares in the last quarter. Northern Trust Corp raised its position in shares of Universal Technical Institute by 2.6% in the second quarter. Northern Trust Corp now owns 52,052 shares of the company’s stock valued at $186,000 after buying an additional 1,330 shares in the last quarter. Finally, Algert Global LLC raised its position in shares of Universal Technical Institute by 19.1% in the first quarter. Algert Global LLC now owns 70,787 shares of the company’s stock valued at $244,000 after buying an additional 11,360 shares in the last quarter. Institutional investors and hedge funds own 59.01% of the company’s stock.

A number of brokerages recently commented on UTI. Zacks Investment Research raised Universal Technical Institute from a “sell” rating to a “hold” rating in a report on Wednesday, July 5th. ValuEngine raised Universal Technical Institute from a “sell” rating to a “hold” rating in a report on Tuesday, June 27th.

Universal Technical Institute Company Profile

Universal Technical Institute, Inc is a provider of postsecondary education for students seeking careers as professional automotive, diesel, collision repair, motorcycle and marine technicians as measured by total average undergraduate full-time enrollment and graduates. The Company offers undergraduate degree or diploma programs at approximately 12 campuses across the United States under the banner of various brands, including Universal Technical Institute (UTI), Motorcycle Mechanics Institute and Marine Mechanics Institute (collectively, MMI) and NASCAR Technical Institute (NASCAR Tech).

Insider Buying and Selling by Quarter for Universal Technical Institute (NYSE:UTI)

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