Universal Technical Institute Inc (NYSE:UTI) insider Kimberly J. Mcwaters bought 5,139 shares of the company’s stock in a transaction that occurred on Monday, October 16th. The stock was purchased at an average price of $3.44 per share, with a total value of $17,678.16. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of Universal Technical Institute Inc (NYSE UTI) traded down 3.74% during mid-day trading on Tuesday, reaching $3.35. The company’s stock had a trading volume of 9,934 shares. The company’s market cap is $82.94 million. The company has a 50-day moving average price of $3.39 and a 200 day moving average price of $3.54. Universal Technical Institute Inc has a 52-week low of $1.50 and a 52-week high of $5.38.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Janus Henderson Group PLC purchased a new position in shares of Universal Technical Institute in the 2nd quarter worth approximately $426,000. Goldman Sachs Group Inc. lifted its stake in shares of Universal Technical Institute by 4.9% during the 2nd quarter. Goldman Sachs Group Inc. now owns 44,919 shares of the company’s stock worth $160,000 after acquiring an additional 2,086 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Universal Technical Institute by 7.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 813,571 shares of the company’s stock worth $2,904,000 after acquiring an additional 59,594 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Universal Technical Institute by 1.0% during the 2nd quarter. Vanguard Group Inc. now owns 402,318 shares of the company’s stock worth $1,437,000 after acquiring an additional 3,800 shares during the last quarter. Finally, Northern Trust Corp lifted its stake in shares of Universal Technical Institute by 2.6% during the 2nd quarter. Northern Trust Corp now owns 52,052 shares of the company’s stock worth $186,000 after acquiring an additional 1,330 shares during the last quarter. Institutional investors and hedge funds own 58.80% of the company’s stock.

A number of research firms recently weighed in on UTI. Piper Jaffray Companies restated a “hold” rating and issued a $6.00 target price on shares of Universal Technical Institute in a research report on Tuesday. Zacks Investment Research downgraded Universal Technical Institute from a “hold” rating to a “sell” rating in a research report on Tuesday, October 3rd. Finally, ValuEngine upgraded Universal Technical Institute from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th.

About Universal Technical Institute

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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