Universal Technical Institute, Inc. (NYSE:UTI) insider Kimberly J. Mcwaters acquired 6,499 shares of the company’s stock in a transaction dated Tuesday, January 16th. The stock was acquired at an average cost of $2.67 per share, for a total transaction of $17,352.33. Following the completion of the acquisition, the insider now directly owns 710,061 shares in the company, valued at $1,895,862.87. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Universal Technical Institute, Inc. (UTI) traded down $0.05 during mid-day trading on Wednesday, hitting $2.56. 43,381 shares of the stock traded hands, compared to its average volume of 51,579. The stock has a market cap of $63.77, a P/E ratio of -4.74 and a beta of 3.49. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.70 and a quick ratio of 1.70. Universal Technical Institute, Inc. has a fifty-two week low of $2.21 and a fifty-two week high of $3.87.

Universal Technical Institute (NYSE:UTI) last released its quarterly earnings data on Thursday, November 30th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.11). The business had revenue of $81.33 million during the quarter. Universal Technical Institute had a negative net margin of 2.51% and a negative return on equity of 5.65%. equities analysts forecast that Universal Technical Institute, Inc. will post -0.39 earnings per share for the current year.

A number of hedge funds and other institutional investors have recently made changes to their positions in UTI. Goldman Sachs Group Inc. boosted its holdings in Universal Technical Institute by 4.9% during the second quarter. Goldman Sachs Group Inc. now owns 44,919 shares of the company’s stock worth $160,000 after buying an additional 2,086 shares in the last quarter. Northern Trust Corp boosted its holdings in Universal Technical Institute by 2.6% during the second quarter. Northern Trust Corp now owns 52,052 shares of the company’s stock worth $186,000 after buying an additional 1,330 shares in the last quarter. Macquarie Group Ltd. purchased a new stake in Universal Technical Institute during the third quarter worth $289,000. Skylands Capital LLC boosted its holdings in Universal Technical Institute by 44.3% during the third quarter. Skylands Capital LLC now owns 108,000 shares of the company’s stock worth $375,000 after buying an additional 33,150 shares in the last quarter. Finally, Janus Henderson Group PLC purchased a new stake in Universal Technical Institute during the second quarter worth $426,000. 57.11% of the stock is currently owned by hedge funds and other institutional investors.

Several analysts have recently commented on UTI shares. Zacks Investment Research downgraded shares of Universal Technical Institute from a “hold” rating to a “sell” rating in a report on Tuesday, October 3rd. Piper Jaffray Companies reaffirmed a “hold” rating and issued a $6.00 price objective on shares of Universal Technical Institute in a report on Tuesday, October 17th. Finally, ValuEngine downgraded shares of Universal Technical Institute from a “sell” rating to a “strong sell” rating in a report on Friday, December 1st.

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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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