Universal Technical Institute Inc’s recently made public that its EVP, Chief Academic Officer Smith Sherrell unloaded Company’s shares for reported $1.1 million on Mar 19 ’25. In the deal valued at $27.85 per share,39,446 shares were sold. As a result of this transaction, Smith Sherrell now holds 177,912 shares worth roughly $4.71 million.
Then, Smith Sherrell sold 10,249 shares, generating $285,500 in total proceeds. Upon selling the shares at $27.86, the EVP, Chief Academic Officer now owns 167,663 shares.
Before that, Smith Sherrell bought 10,000 shares. Universal Technical Institute Inc shares valued at $269,465 were divested by the Officer at a price of $26.95 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 fall -4.75% to $26.47. Over the last five days, the stock has lost -1.56%. Universal Technical Institute Inc shares have risen nearly 2.96% since the year began. Nevertheless, the stocks have risen 80.07% 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 $27.13, while 200 days put it at $20.75.
Levels Of Support And Resistance For UTI Stock
The 24-hour chart illustrates a support level at 26.11, which if violated will result in even more drops to 25.76. On the upside, there is a resistance level at 27.18. A further resistance level may holdings at 27.89. The Relative Strength Index (RSI) on the 14-day chart is 46.94, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.65%. Stochastics %K at 70.44% indicates the stock is a holding.
How much short interest is there in Universal Technical Institute Inc?
A steep rise in short interest was recorded in Universal Technical Institute Inc stocks on 2025-02-28, growing by 0.37 million shares to a total of 1.85 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 1.49 million shares. There was a rise of 19.87%, which implies that there is a positive sentiment for the stock.
