Universal Technical Institute Inc’s recently made public that its Director Coliseum Capital Management, L unloaded Company’s shares for reported $19.88 million on Feb 10 ’25. In the deal valued at $28.20 per share,704,881 shares were sold. As a result of this transaction, Coliseum Capital Management, L now holds 6,145,755 shares worth roughly $166.06 million.
Then, Coliseum Capital Management, L sold 2,483,579 shares, generating $62,337,833 in total proceeds. Upon selling the shares at $25.10, the Director now owns 6,850,636 shares.
Before that, Coliseum Capital Management, L bought 2,483,579 shares. Universal Technical Institute Inc shares valued at $64,250,189 were divested by the Owner at a price of $25.87 per share.
Truist initiated its Universal Technical Institute Inc [UTI] rating to a Buy in a research note published on July 25, 2024; the price target was $22. A number of analysts have revised their coverage, including Northland Capital’s analysts, who began to cover the stock in early January with a ‘”an Outperform”‘ rating. Argus also remained covering UTI and has decreased its forecast on June 23, 2023 with a “Hold” recommendation from previously “Buy” rating. Rosenblatt started covering the stock on July 12, 2022. It rated UTI as “a Buy”.
Price Performance Review of UTI
On Friday, Universal Technical Institute Inc [NYSE:UTI] saw its stock jump 1.96% to $27.02. Over the last five days, the stock has lost -4.83%. Universal Technical Institute Inc shares have risen nearly 5.10% since the year began. Nevertheless, the stocks have risen 86.34% over the past one year. While a 52-week high of $30.56 was reached on 02/06/25, a 52-week low of $13.66 was recorded on 01/13/25. SMA at 50 days reached $26.68, while 200 days put it at $19.64.
Levels Of Support And Resistance For UTI Stock
The 24-hour chart illustrates a support level at 26.47, which if violated will result in even more drops to 25.93. On the upside, there is a resistance level at 27.40. A further resistance level may holdings at 27.79. The Relative Strength Index (RSI) on the 14-day chart is 47.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.86, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.57%. Stochastics %K at 28.11% indicates the stock is a holding.
