Grant Jerome Alan, CEO of Universal Technical, sells $2M in UTI stock
#Grant Jerome Alan #Universal Technical Institute #UTI stock #CEO stock sale #insider trading #NASDAQ #tax planning
📌 Key Takeaways
- CEO Grant Jerome Alan sold 60,040 shares of UTI stock
- Total transaction value was approximately $2 million
- Sale occurred on February 27, 2026
- UTI stock was trading near its 52-week high
- Sale was for personal tax planning purposes
- Grant still owns 430,215 shares directly after the transaction
📖 Full Retelling
Grant Jerome Alan, CEO of Universal Technical Institute (UTI), sold $2 million worth of UTI stock on February 27, 2026. The transaction involved 60,040 shares sold at a weighted average price of $34.9516, as the stock traded near its 52-week high of $37.57. According to the company, the sale was executed for personal tax planning purposes.
🏷️ Themes
Executive stock transactions, Corporate governance, Market timing, Personal financial planning
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Original Source
try{ var _=i o; . if(!_||_&&typeof _==="object"&&_.expiry Gold prices climb amid boost to safe haven demand after U.S.-Iran escalation Dollar surges to over five-week high on U.S.-Iran escalation; euro, sterling slip Stocks end mixed in a solid rebound from initial slide on U.S.-Iran conflict Gold price surge after Iran attack could fade, Pepperstone says FLASH SALE (South Africa Philippines Nigeria) FLASH SALE Grant Jerome Alan, CEO of Universal Technical, sells $2M in UTI stock By Investing.com Insider Trading Published 03/02/2026, 07:55 PM Grant Jerome Alan, CEO of Universal Technical, sells $2M in UTI stock 0 UTI 3.31% Universal Technical Institute (NASDAQ: UTI) Chief Executive Officer Jerome Alan Grant sold 60,040 shares of the company’s common stock on February 27, 2026. The shares were sold at a weighted average price of $34.9516, resulting in a total transaction value of $2,098,494. The sale comes as UTI stock trades near its 52-week high of $37.57, with shares up 43% year-to-date. The prices for the shares sold ranged from $34.41 to $35.115. Following the transaction, Grant directly owns 430,215 shares of Universal Technical Institute . The sale was executed for personal tax planning purposes. According to InvestingPro analysis, UTI appears overvalued at current levels, with the stock trading at a P/E ratio of 38.46. In other recent news, Universal Technical Institute reported its first-quarter earnings for fiscal 2026, which showed mixed results. The company posted earnings per share of $0.23, slightly missing the analysts’ forecast of $0.24. Despite this, Universal Technical Institute exceeded revenue expectations with $220.8 million, compared to the projected $216.81 million. In addition, Truist Securities reiterated its Buy rating for the company, maintaining a price target of $40.00. The research firm highlighted an anticipated acceleration in student enrollment starts, suggesting potential growth for Universal Technical Institute. These developments r...
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