G2 Investment Partners Management LLC cut its position in Universal Technical Institute Inc (NYSE:UTI – Free Report) by 34.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 235,000 shares of the company’s stock after selling 124,216 shares during the period. Universal Technical Institute makes up 1.7% of G2 Investment Partners Management LLC’s holdings, making the stock its 24th largest position. G2 Investment Partners Management LLC owned approximately 0.43% of Universal Technical Institute worth $7,964,000 at the end of the most recent quarter.
Several other institutional investors have also recently modified their holdings of the company. Penserra Capital Management LLC acquired a new stake in shares of Universal Technical Institute during the second quarter worth about $28,000. KBC Group NV purchased a new position in Universal Technical Institute during the 2nd quarter worth approximately $34,000. PNC Financial Services Group Inc. lifted its stake in Universal Technical Institute by 17,142.9% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,207 shares of the company’s stock valued at $41,000 after acquiring an additional 1,200 shares during the period. NewEdge Advisors LLC acquired a new stake in Universal Technical Institute during the 1st quarter valued at approximately $57,000. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in shares of Universal Technical Institute in the 1st quarter valued at $68,000. 75.67% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at Universal Technical Institute
In related news, Director Coliseum Capital Management, L bought 467,020 shares of the stock in a transaction dated Tuesday, December 2nd. The shares were acquired at an average cost of $24.40 per share, for a total transaction of $11,395,288.00. Following the acquisition, the director directly owned 3,424,374 shares in the company, valued at approximately $83,554,725.60. This trade represents a 15.79% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders purchased 1,255,173 shares of company stock worth $30,812,798. Insiders own 15.10% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Research Report on UTI
Universal Technical Institute Stock Performance
NYSE UTI opened at $24.81 on Friday. 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 0.83, a current ratio of 1.07 and a quick ratio of 1.07. The stock’s 50 day simple moving average is $28.44 and its 200-day simple moving average is $29.93. The company has a market cap of $1.35 billion, a PE ratio of 21.76, a price-to-earnings-growth ratio of 2.18 and a beta of 1.37.
Universal Technical Institute (NYSE:UTI – Get Free Report) last released its earnings results on Wednesday, November 19th. The company reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.26 by $0.08. Universal Technical Institute had a net margin of 7.54% and a return on equity of 25.65%. The business had revenue of $222.44 million during the quarter, compared to analyst estimates of $219.33 million. Universal Technical Institute has set its FY 2026 guidance at 0.710-0.800 EPS. As a group, equities research analysts anticipate that Universal Technical Institute Inc will post 1 EPS for the current fiscal year.
Universal Technical Institute Profile
Universal Technical Institute, Inc provides transportation, skilled trades, and healthcare education programs in the United States. The company operates in two segments, UTI and Concorde. It offers certificate, diploma, or degree programs under various brands, such as Universal Technical Institute, Motorcycle Mechanics Institute, Marine Mechanics Institute, NASCAR Technical Institute, and MIAT College of Technology.
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