Universal Technical Institute director buys $21,765 in stock
Universal Technical Institute's director, Robert Thomas DeVincenzi, recently acquired shares of the company's common stock. On August 25, 2026, DeVincenzi purchased 1,000 shares, bringing his total holding to 150,330 shares. The transaction amounted to $21,765 and occurred at prices between $21.70 and $21.83, with a weighted average price of $21.765 per share.
The insider purchase follows a period where UTI shares have been trading near their 52-week low of $21.29, indicating a decline of 40% over the past six months. As of now, the stock is priced at $21.62, resulting in a market capitalization of $1.19 billion. Despite this, InvestingPro analysis suggests that UTI may be overvalued at its current valuation. However, analysts continue to maintain price targets ranging from $37 to $48.
InvestingPro offers 11 additional tips for UTI, focusing on the company's profitability and valuation multiples. In late August 2026, UTI reported its fiscal third-quarter results, revealing a 7.2% increase in revenue to $218.9 million, slightly below the forecasted $219.89 million. The earnings per share for this quarter were reported at $0.04.
Investors have expressed concerns about UTI's reduced full-year outlook and challenges within its high school channel, factors that have impacted stakeholders' assessments of the company's current trajectory.
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