Universal Technical Institute Inc (NYSE:UTI) insider Kimberly J. Mcwaters bought 6,680 shares of the business’s stock in a transaction that occurred on Friday, December 15th. The stock was purchased at an average price of $2.56 per share, for a total transaction of $17,100.80. Following the completion of the acquisition, the insider now owns 703,562 shares in the company, valued at $1,801,118.72. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Shares of Universal Technical Institute Inc (UTI) traded down $0.03 on Thursday, hitting $2.57. The company had a trading volume of 25,200 shares, compared to its average volume of 47,586. Universal Technical Institute Inc has a 12 month low of $2.45 and a 12 month high of $3.87. The company has a current ratio of 1.70, a quick ratio of 1.70 and a debt-to-equity ratio of 0.33.
Universal Technical Institute (NYSE:UTI) last issued its earnings results on Thursday, November 30th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.11). Universal Technical Institute had a negative return on equity of 5.65% and a negative net margin of 2.51%. The firm had revenue of $81.33 million during the quarter. sell-side analysts forecast that Universal Technical Institute Inc will post -0.39 earnings per share for the current fiscal year.
A number of equities analysts recently issued reports on the company. ValuEngine cut Universal Technical Institute from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Piper Jaffray Companies reiterated a “hold” rating and issued a $6.00 target price on shares of Universal Technical Institute in a report on Tuesday, October 17th. Finally, Zacks Investment Research cut Universal Technical Institute from a “hold” rating to a “sell” rating in a report on Tuesday, October 3rd.
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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).
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