The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Universal Technical Institute Inc shares valued at $25,350,000 were sold by Coliseum Capital Management, L on Mar 27 ’25. At $25.35 per share, Coliseum Capital Management, L sold 1,000,000 shares. The insider’s holdings dropped to 5,145,755 shares worth approximately $138.16 million following the completion of this transaction.
Also, Coliseum Capital Management, L purchased 4,148,610 shares, netting a total of over 110,062,623 in proceeds.
Before that, Smith Sherrell had sold 10,000 shares from its account. In a trade valued at $269,465, the EVP, Chief Academic Officer traded Universal Technical Institute Inc shares for $26.95 each. Upon closing the transaction, the insider’s holdings decreased to 10,000 shares, worth approximately $4.23 million.
Analysts at Truist started covering the stock with ‘”a Buy”‘ outlook in a report released in late July. As of January 10, 2024, Northland Capital has initiated its “an Outperform” rating for UTI. Earlier on June 23, 2023, Argus downgraded its rating. Their new recommendation was “a Hold” for UTI stock which previously was a “a Buy”.
Analyzing UTI Stock Performance
During the last five days, there has been a surge of approximately 1.21%. Over the course of the year, Universal Technical Institute Inc shares have jumped approximately 4.43%. Shares of the company reached a 52-week high of $30.56 on 02/06/25 and a 52-week low of $24.29 on 01/13/25. A 50-day SMA is recorded $27.24, while a 200-day SMA reached $21.22.
Support And Resistance Levels for Universal Technical Institute Inc (UTI)
According to the 24-hour chart, there is a support level at 26.07, which, if violated, would cause prices to drop to 25.30. In the upper region, resistance lies at 27.30. The next price resistance is at 27.76. RSI (Relative Strength Index) is 50.50 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.55, which suggests the price will decrease in the coming days. Percent R is at 36.40%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
