Universal Technical Institute, headquartered in Phoenix, Arizona, provides transportation and technical training through its UTI and Concorde segments, operating 33 campuses and employing 3,000 staff. The company went public on December 17, 2003.
Sherrell Smith sold 20,000 shares of UTI on 18 March at $27.27 per share, worth a total of $545K. They now own 217,858 UTI shares, or a 9% holding decrease.
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