AWM Investment Company Inc. Has $13.80 Million Holdings in Universal Technical Institute, Inc. (NYSE:UTI)

AWM Investment Company Inc. decreased its stake in shares of Universal Technical Institute, Inc. (NYSE:UTI - Free Report) by 2.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 536,700 shares of the company's stock after selling 12,500 shares during the period. Universal Technical Institute accounts for approximately 1.7% of AWM Investment Company Inc.'s holdings, making the stock its 27th biggest holding. AWM Investment Company Inc. owned about 0.99% of Universal Technical Institute worth $13,799,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in UTI. Covestor Ltd raised its holdings in Universal Technical Institute by 24.4% during the 4th quarter. Covestor Ltd now owns 1,977 shares of the company's stock worth $51,000 after purchasing an additional 388 shares during the last quarter. Arcadia Investment Management Corp MI bought a new stake in Universal Technical Institute during the 4th quarter worth about $79,000. Lazard Asset Management LLC bought a new stake in Universal Technical Institute during the 4th quarter worth about $101,000. Aquatic Capital Management LLC bought a new stake in Universal Technical Institute during the 4th quarter worth about $118,000. Finally, Meeder Asset Management Inc. raised its holdings in Universal Technical Institute by 418.6% during the 4th quarter. Meeder Asset Management Inc. now owns 7,851 shares of the company's stock worth $202,000 after purchasing an additional 6,337 shares during the last quarter. Institutional investors and hedge funds own 75.67% of the company's stock.

Insider Activity at Universal Technical Institute

In related news, Director George W. Brochick sold 8,000 shares of the business's stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $27.59, for a total value of $220,720.00. Following the completion of the transaction, the director now directly owns 34,917 shares in the company, valued at approximately $963,360.03. The trade was a 18.64% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Todd A. Hitchcock sold 27,500 shares of the business's stock in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of $33.36, for a total value of $917,400.00. Following the completion of the transaction, the chief operating officer now owns 80,521 shares of the company's stock, valued at $2,686,180.56. This represents a 25.46% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 128,024 shares of company stock worth $3,686,890. 15.10% of the stock is owned by company insiders.

Universal Technical Institute Trading Up 2.0%

Shares of UTI stock traded up $0.68 on Friday, reaching $34.97. The company had a trading volume of 821,163 shares, compared to its average volume of 596,679. The company has a current ratio of 1.14, a quick ratio of 1.14 and a debt-to-equity ratio of 0.42. The stock has a market cap of $1.90 billion, a PE ratio of 36.05, a PEG ratio of 1.92 and a beta of 1.57. The company has a 50-day moving average of $28.91 and a 200-day moving average of $26.85. Universal Technical Institute, Inc. has a 12 month low of $13.66 and a 12 month high of $36.32.

Universal Technical Institute (NYSE:UTI - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.07. Universal Technical Institute had a return on equity of 21.25% and a net margin of 7.08%. The business had revenue of $207.45 million during the quarter, compared to analyst estimates of $196.63 million. On average, equities analysts forecast that Universal Technical Institute, Inc. will post 1 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have weighed in on UTI shares. Lake Street Capital boosted their price objective on Universal Technical Institute from $35.00 to $38.00 and gave the stock a "buy" rating in a report on Wednesday. Northland Securities upped their price target on Universal Technical Institute from $30.00 to $34.00 and gave the company an "outperform" rating in a research note on Thursday, February 6th. Truist Financial upped their price target on Universal Technical Institute from $37.00 to $40.00 and gave the company a "buy" rating in a research note on Thursday. Rosenblatt Securities reaffirmed a "buy" rating and issued a $36.00 price target on shares of Universal Technical Institute in a research note on Thursday, May 8th. Finally, Barrington Research upped their price target on Universal Technical Institute from $35.00 to $36.00 and gave the company an "outperform" rating in a research note on Thursday, May 8th. Six investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $35.83.

Universal Technical Institute Company 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.