New insider activity at Universal Technical Institute ( (UTI) ) has taken place on March 29, 2025.
Director Coliseum Capital Management, LLC has made a significant move by selling 1,000,000 shares of Universal Technical Institute stock, amounting to a total transaction value of $25,350,000.
Recent Updates on UTI stock
Universal Technical Institute (UTI) recently announced the appointment of Bruce Schuman as the new Chief Financial Officer, a move expected to significantly contribute to the company’s growth and profitability as it advances its North Star strategy. This strategic appointment aligns with UTI’s focus on meeting the increasing demand for skilled labor in the U.S. Additionally, B. Riley maintained a Buy rating on UTI with a $31 price target, expressing optimism about the for-profit, career-focused education sector. This optimism is driven by a shift in the U.S. education landscape, with declining enrollment in traditional four-year programs and a growing preference for career-oriented alternatives like trade schools, which are more aligned with the rising demand for skilled labor. Furthermore, Truist raised UTI’s price target to $32 from $26, citing strong Q1 results and upward guidance as justification for the increased valuation.
More about Universal Technical Institute
YTD Price Performance: 4.29%
Average Trading Volume: 703,480
Technical Sentiment Signal: Sell
Current Market Cap: $1.44B