• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • AI SuperconnectorNEW
  • Settings
  • RSS Feeds
PublishGo to AppAI Superconnector
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI superconnector for talent & startupsNEW
    Legal
    Terms of usePrivacy policyCookie policy

    Amendment: SEC Form SC 13G/A filed by Universal Technical Institute Inc

    11/14/24 4:05:15 PM ET
    $UTI
    Other Consumer Services
    Real Estate
    Get the next $UTI alert in real time by email
    SC 13G/A 1 formsc13ga.htm

     

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    SCHEDULE 13G

     

    Under the Securities Exchange Act of 1934

    (Amendment No. 6)*

     

    UNIVERSAL TECHNICAL INSTITUTE, INC.

     

    (NAME OF ISSUER)

     

    COMMON STOCK, PAR VALUE $0.0001 PER SHARE

     

    (TITLE OF CLASS OF SECURITIES)

     

    913915104

     

    (CUSIP NUMBER)

     

    September 30, 2024

     

    (DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT)

     

    Check the appropriate box to designate the rule pursuant to which this Schedule 13G is filed:

     

    ☐ Rule 13d-1(b)

    ☒ Rule 13d-1(c)

    ☐ Rule 13d-1(d)

     

    * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

     

    The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

     

     

     

     

     

     

    CUSIP No. 913915104  
    (1) Names of Reporting Persons  
      Park West Asset Management LLC  
    (2) Check the Appropriate Box if a Member of a Group (a) ☐
      (b) ☐
       
    (3) SEC Use Only  
    (4) Citizenship or Place of Organization  
      Delaware  

    Number of Shares Beneficially Owned By Each Reporting Person With
      (5) Sole Voting Power: 0*
      (6) Shared Voting Power: 1,903,330*  
      (7) Sole Dispositive Power: 0*  
      (8) Shared Dispositive Power: 1,903,330*  

    (9) Aggregate Amount Beneficially Owned by Each Reporting Person
      1,903,330*  
    (10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions):
      ☐  
    (11) Percent of Class Represented by Amount in Row (9)
      3.5%*  
    (12) Type of Reporting Person
      IA  

     

    * See Item 4 for additional information.

     

     

     

     

    CUSIP No. 913915104
    (1) Names of Reporting Persons
      Park West Investors Master Fund, Limited  
    (2) Check the Appropriate Box if a Member of a Group (a) ☐
        (b) ☐
         
    (3) SEC Use Only
    (4) Citizenship or Place of Organization
      Cayman Islands  

    Number of Shares Beneficially Owned By Each Reporting Person With
      (5) Sole Voting Power: 0*  
      (6) Shared Voting Power: 1,734,392*  
      (7) Sole Dispositive Power: 0*  
      (8) Shared Dispositive Power: 1,734,392*  

    (9) Aggregate Amount Beneficially Owned by Each Reporting Person
      1,734,392*  
    (10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions):
      ☐  
    (11) Percent of Class Represented by Amount in Row (9)
      3.2%*  
    (12) Type of Reporting Person
      CO  

     

    * See Item 4 for additional information.

     

     

     

     

    CUSIP No. 913915104
    (1) Names of Reporting Persons
     

    Peter S. Park

     
    (2) Check the Appropriate Box if a Member of a Group (a) ☐
        (b) ☐
         
    (3) SEC Use Only
    (4) Citizenship or Place of Organization
     

    United States of America

     

    Number of Shares Beneficially Owned By Each Reporting Person With
      (5) Sole Voting Power: 0*  
      (6) Shared Voting Power: 1,903,330*  
      (7) Sole Dispositive Power: 0*  
      (8) Shared Dispositive Power: 1,903,330*  

    (9) Aggregate Amount Beneficially Owned by Each Reporting Person
      1,903,330*  
    (10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions):
      ☐  
    (11) Percent of Class Represented by Amount in Row (9)
      3.5%*  
    (12) Type of Reporting Person
      IN  

     

    * See Item 4 for additional information.

     

     

     

     

    Item 1(a). Name Of Issuer:

     

    Universal Technical Institute, Inc., a Delaware corporation (the “Company”)

     

    Item 1(b). Address of Issuer’s Principal Executive Offices:

     

    4225 East Windrose Drive

    Suite 200

    Phoenix, AZ 85032

     

    Item 2(a). Name of Person Filing:

     

    This report on Schedule 13G (this “Schedule 13G”) is being jointly filed by (i) Park West Asset Management LLC, a Delaware limited liability company (“PWAM”), (ii) Park West Investors Master Fund, Limited, a Cayman Islands exempted company (“PWIMF”) and (iii) Peter S. Park (“Mr. Park” and, collectively with PWAM and PWIMF, the “Reporting Persons”).

     

    Item 2(b). Address of Principal Business Office or, if None, Residence:

     

    The address for the Reporting Persons is: One Letterman Drive, Building C, Suite C5-900, San Francisco, CA 94129.

     

    Item 2(c). Citizenship:

     

    PWAM is organized under the laws of the State of Delaware. PWIMF is a Cayman Islands exempted company. Mr. Park is a citizen of the United States.

     

    Item 2(d). Title of Class of Securities:

     

    Common Stock, par value $0.0001 per share (“Common Stock”)

     

    Item 2(e). CUSIP No.:

     

    913915104

     

    Item 3. If This Statement Is Filed Pursuant to Section 240.13d-1(b) or 240.13d-2(b) or (c), check whether the Person Filing is a:

     

    Not Applicable.

     

     

     

     

    Item 4. Ownership:

     

    As reported in the cover pages to this report, the ownership information with respect to each of PWAM and Mr. Park is as follows:

     

    (a) Amount Beneficially Owned: 1,903,330*
    (b) Percent of Class: 3.5%*
    (c) Number of Shares as to which such person has:  
      (i) Sole power to vote or to direct the vote: 0*
      (ii) Shared power to vote or to direct the vote: 1,903,330*
      (iii) Sole power to dispose or to direct the disposition of: 0*
      (iv) Shared power to dispose or to direct the disposition of:

    1,903,330*

     

    As reported in the cover pages to this report, the ownership information with respect to PWIMF is as follows:

     

    (a) Amount Beneficially Owned: 1,734,392*
    (b) Percent of Class: 3.2%*
    (c) Number of Shares as to which such person has:  
      (i) Sole power to vote or to direct the vote: 0*
      (ii) Shared power to vote or to direct the vote: 1,734,392*
      (iii) Sole power to dispose or to direct the disposition of: 0*
      (iv) Shared power to dispose or to direct the disposition of: 1,734,392*

     

    *PWAM is the investment manager to PWIMF and Park West Partners International, Limited, a Cayman Islands exempted company (“PWPI”, and together with PWIMF, the “PW Funds”). Mr. Park, through one or more affiliated entities, is the controlling manager of PWAM.

     

    As of September 30, 2024, PWIMF held 1,734,392 shares of Common Stock and PWPI held 168,938 shares of Common Stock. As of September 30, 2024, PWAM and Mr. Park may be deemed to beneficially own 1,903,330 shares of Common Stock held in the aggregate by the PW Funds.

     

    The reported beneficial ownership percentage is based upon approximately 53,811,817 shares of Common Stock issued and outstanding as of August 1, 2024, based on information reported by the Company in its Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on August 7, 2024.

     

    Item 5. Ownership of Five Percent or Less of a Class

     

    If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [X]

     

    Item 6. Ownership of More Than Five Percent on Behalf of Another Person

     

    Not Applicable.

     

    Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person

     

    Not Applicable.

     

    Item 8. Identification and Classification of Members of the Group

     

    Not Applicable.

     

    Item 9. Notice of Dissolution of Group

     

    Not Applicable.

     

    Item 10. Certification

     

    By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

     

     

     

     

    SIGNATURE

     

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     

      November 14, 2024
         
      PARK WEST ASSET MANAGEMENT LLC
         
      By: /s/ Melissa Victoria Frayer
      Name: Melissa Victoria Frayer
      Title: Senior Legal Officer and Chief Compliance Officer

     

      PARK WEST INVESTORS MASTER FUND, LIMITED
         
      By: Park West Asset Management LLC, its Investment Manager
         
      By: /s/ Melissa Victoria Frayer
      Name: Melissa Victoria Frayer
      Title: Senior Legal Officer and Chief Compliance Officer

     

      /s/ Peter S. Park
      Peter S. Park

     

    Attention: Intentional misstatements or omissions of fact constitute

    Federal criminal violations (See 18 U.S.C. 1001)

     

     

     

     

    Exhibit Index

     

    Exhibit

     

    1. Joint Filing Agreement, dated as of September 9, 2019, by and among Park West Asset Management LLC, Park West Investors Master Fund, Limited and Peter S. Park (incorporated by reference to Exhibit 1 to the Schedule 13G filed with the Securities and Exchange Commission on September 9, 2019).

     

     

     

    Get the next $UTI alert in real time by email

    Crush Q3 2025 with the Best AI Superconnector

    Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.

    AI-Powered Inbox
    Context-aware email replies
    Strategic Decision Support
    Get Started with Standout.work

    Recent Analyst Ratings for
    $UTI

    DatePrice TargetRatingAnalyst
    3/28/2025$31.00Buy
    B. Riley Securities
    7/25/2024$22.00Buy
    Truist
    1/10/2024$16.00Outperform
    Northland Capital
    6/23/2023Buy → Hold
    Argus
    7/12/2022$11.00Buy
    Rosenblatt
    6/28/2022Hold → Buy
    Argus
    More analyst ratings

    $UTI
    Press Releases

    Fastest customizable press release news feed in the world

    View All

    Heartland Dental awards $24,000 in scholarships to Concorde Career Colleges students at 11 campuses nationwide

    Part of a growing workforce solutions partnership with Concorde, Heartland expands the program this year from 18 to 30 students KANSAS CITY, Mo., Aug. 13, 2025 /PRNewswire/ -- Concorde Career Colleges and Heartland Dental today announced the recipients of the 2025 Heartland Dental Hygiene Scholarships. Heartland is awarding a total of $24,000 in scholarships to students at Concorde campuses nationwide who demonstrate exceptional dedication, passion, and potential in the field of dental hygiene. Heartland Dental is one of the largest dental support organizations in the nation a

    8/13/25 9:15:00 AM ET
    $UTI
    Other Consumer Services
    Real Estate

    Imagen Dental Partners Awards Nearly $10K in Scholarships to Concorde Career Colleges' California Students

    Scholarships part of emerging workforce solutions partnership forged earlier this year SAN DIEGO, Aug. 11, 2025 /PRNewswire/ -- Concorde Career Colleges and Imagen Dental Partners today announced the three recipients of Imagen Dental Partners' $3,325 scholarships to students at Concorde's Garden Grove, San Bernardino, and San Diego campuses. This is the second round of scholarships Imagen has awarded to Concorde students and is part of a workforce solutions partnership announced earlier this year to address the demand for dental hygienists in California. Imagen Dental Partners

    8/11/25 9:15:00 AM ET
    $UTI
    Other Consumer Services
    Real Estate

    Universal Technical Institute Reports Fiscal Year 2025 Third Quarter Results

    Company Raises Lower End Fiscal 2025 Guidance Ranges for Revenue and New Student Starts, Expresses Increased Confidence in Long Term Plan PHOENIX, Aug. 6, 2025 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE:UTI), a leading workforce solutions provider of transportation, skilled trades and healthcare education programs, reported financial results for the fiscal 2025 third quarter ended June 30, 2025. Universal Technical Institute, Inc. operates in two reportable segments, Universal Technical Institute (UTI) and Concorde Career Colleges (Concorde), and together with its segments and subsidiaries is referred to as the "Company," "we," "us" or "our."

    8/6/25 4:05:00 PM ET
    $UTI
    Other Consumer Services
    Real Estate

    $UTI
    SEC Filings

    View All

    Amendment: SEC Form SCHEDULE 13G/A filed by Universal Technical Institute Inc

    SCHEDULE 13G/A - UNIVERSAL TECHNICAL INSTITUTE INC (0001261654) (Subject)

    8/14/25 1:31:49 PM ET
    $UTI
    Other Consumer Services
    Real Estate

    SEC Form 10-Q filed by Universal Technical Institute Inc

    10-Q - UNIVERSAL TECHNICAL INSTITUTE INC (0001261654) (Filer)

    8/7/25 8:35:41 AM ET
    $UTI
    Other Consumer Services
    Real Estate

    Universal Technical Institute Inc filed SEC Form 8-K: Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

    8-K - UNIVERSAL TECHNICAL INSTITUTE INC (0001261654) (Filer)

    8/6/25 4:07:45 PM ET
    $UTI
    Other Consumer Services
    Real Estate

    $UTI
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    View All

    B. Riley Securities resumed coverage on Universal Technical Institute with a new price target

    B. Riley Securities resumed coverage of Universal Technical Institute with a rating of Buy and set a new price target of $31.00

    3/28/25 8:21:18 AM ET
    $UTI
    Other Consumer Services
    Real Estate

    Truist initiated coverage on Universal Technical Institute with a new price target

    Truist initiated coverage of Universal Technical Institute with a rating of Buy and set a new price target of $22.00

    7/25/24 6:37:02 AM ET
    $UTI
    Other Consumer Services
    Real Estate

    Northland Capital initiated coverage on Universal Technical Institute with a new price target

    Northland Capital initiated coverage of Universal Technical Institute with a rating of Outperform and set a new price target of $16.00

    1/10/24 8:35:44 AM ET
    $UTI
    Other Consumer Services
    Real Estate

    $UTI
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Devincenzi Robert Thomas bought $253,991 worth of shares (10,000 units at $25.40), increasing direct ownership by 8% to 136,765 units (SEC Form 4)

    4 - UNIVERSAL TECHNICAL INSTITUTE INC (0001261654) (Issuer)

    8/14/25 8:43:51 PM ET
    $UTI
    Other Consumer Services
    Real Estate

    Director Srere Linda J was granted 714 shares, increasing direct ownership by 0.52% to 138,999 units (SEC Form 4)

    4 - UNIVERSAL TECHNICAL INSTITUTE INC (0001261654) (Issuer)

    6/6/25 9:00:09 PM ET
    $UTI
    Other Consumer Services
    Real Estate

    Director Slubowski Michael A. was granted 714 shares, increasing direct ownership by 4% to 17,110 units (SEC Form 4)

    4 - UNIVERSAL TECHNICAL INSTITUTE INC (0001261654) (Issuer)

    6/6/25 9:00:05 PM ET
    $UTI
    Other Consumer Services
    Real Estate

    $UTI
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    View All

    Director Devincenzi Robert Thomas bought $253,991 worth of shares (10,000 units at $25.40), increasing direct ownership by 8% to 136,765 units (SEC Form 4)

    4 - UNIVERSAL TECHNICAL INSTITUTE INC (0001261654) (Issuer)

    8/14/25 8:43:51 PM ET
    $UTI
    Other Consumer Services
    Real Estate

    $UTI
    Financials

    Live finance-specific insights

    View All

    $UTI
    Leadership Updates

    Live Leadership Updates

    View All

    Universal Technical Institute Reports Fiscal Year 2025 Third Quarter Results

    Company Raises Lower End Fiscal 2025 Guidance Ranges for Revenue and New Student Starts, Expresses Increased Confidence in Long Term Plan PHOENIX, Aug. 6, 2025 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE:UTI), a leading workforce solutions provider of transportation, skilled trades and healthcare education programs, reported financial results for the fiscal 2025 third quarter ended June 30, 2025. Universal Technical Institute, Inc. operates in two reportable segments, Universal Technical Institute (UTI) and Concorde Career Colleges (Concorde), and together with its segments and subsidiaries is referred to as the "Company," "we," "us" or "our."

    8/6/25 4:05:00 PM ET
    $UTI
    Other Consumer Services
    Real Estate

    Universal Technical Institute, Inc. Named a 2025 Top Workplace in Arizona

    Award reflects strong employee engagement and a culture of support and growth. PHOENIX, July 23, 2025 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE:UTI), a leading workforce education provider for transportation, skilled technicians, electrical, energy, and healthcare, has been recognized for the second time as a Top 20 Workplace in Arizona. Headquartered in Phoenix, the company operates two campuses in the state—UTI-Avondale and UTI-Phoenix—through its Universal Technical Institute division. The award is based entirely on employee feedback collected through a conf

    7/23/25 9:15:00 AM ET
    $UTI
    Other Consumer Services
    Real Estate

    Universal Technical Institute, Inc. to Hold Fiscal Third Quarter 2025 Conference Call on Wednesday, August 6, 2025, at 4:30 p.m. ET

    PHOENIX, July 16, 2025 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE:UTI) (the "Company"), a leading workforce education provider for transportation, skilled technicians, electrical, energy and healthcare, will hold a conference call on Wednesday, August 6, 2025, at 4:30 p.m. Eastern time to discuss its financial and operational results for the fiscal third quarter ended June 30, 2025. The Company's CEO, Jerome Grant, and CFO, Bruce Schuman, will host the conference call, followed by a question-and-answer session. Conference Call Date: Wednesday, August 6, 2025Time

    7/16/25 4:15:00 PM ET
    $UTI
    Other Consumer Services
    Real Estate

    Universal Technical Institute, Inc. Promotes Todd Hitchcock to Chief Operating Officer, Accelerating Execution of Company's Successful North Star Strategy

    Company Appoints Adrienne DeTray as Chief Information Officer, Completing Executive Leadership Team PHOENIX and ORLANDO, Fla., March 31, 2025 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE:UTI), a leading workforce education provider for transportation, skilled technicians, energy and healthcare, today announced Todd Hitchcock as Chief Operating Officer, effective immediately. Hitchcock has been with the company the past five years and most recently served as EVP, Chief Strategy and Transformation Officer. "Todd has played a pivotal role in every aspect of the compa

    3/31/25 9:15:00 AM ET
    $UTI
    Other Consumer Services
    Real Estate

    Universal Technical Institute, Inc. Announces Bruce Schuman as Chief Financial Officer

    Schuman has decades of senior financial leadership experience at publicly-tradedand privately-held companies   PHOENIX, March 17, 2025 /PRNewswire/ -- Universal Technical Institute, Inc. (NYSE: UTI), a leading workforce education provider for transportation, skilled technicians, energy and healthcare, today announced Bruce Schuman as Chief Financial Officer, effective immediately.     "Bruce Schuman's experience leading the financial operations of large organizations undergoing transformative change will be invaluable as we execute against the second phase of our North Star st

    3/17/25 9:10:00 AM ET
    $UTI
    $VCSA
    Other Consumer Services
    Real Estate
    Diversified Commercial Services
    Finance

    Kelly Announces Chief Financial Officer Transition

    TROY, Mich., Sept. 12, 2024 (GLOBE NEWSWIRE) -- Kelly (NASDAQ:KELYA, KELYB))), a leading global specialty talent solutions provider, today announced that Troy R. Anderson has been named executive vice president and chief financial officer designate, effective October 14, 2024. Following an orderly transition of responsibilities, Anderson will succeed Olivier Thirot, executive vice president and chief financial officer, who on July 8, 2024, informed Kelly of his intention to retire as an officer of the Company. Upon completion of the transition, Thirot will serve as a strategic advisor to the Company. "I am pleased to welcome Troy to Kelly as the Company's next chief financial officer. His

    9/12/24 7:30:00 AM ET
    $KELYA
    $KELYB
    $UTI
    Professional Services
    Consumer Discretionary
    Other Consumer Services
    Real Estate

    $UTI
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    View All

    Amendment: SEC Form SC 13D/A filed by Universal Technical Institute Inc

    SC 13D/A - UNIVERSAL TECHNICAL INSTITUTE INC (0001261654) (Subject)

    12/3/24 4:35:28 PM ET
    $UTI
    Other Consumer Services
    Real Estate

    Amendment: SEC Form SC 13G/A filed by Universal Technical Institute Inc

    SC 13G/A - UNIVERSAL TECHNICAL INSTITUTE INC (0001261654) (Subject)

    11/14/24 4:05:15 PM ET
    $UTI
    Other Consumer Services
    Real Estate

    Amendment: SEC Form SC 13G/A filed by Universal Technical Institute Inc

    SC 13G/A - UNIVERSAL TECHNICAL INSTITUTE INC (0001261654) (Subject)

    11/12/24 5:54:53 PM ET
    $UTI
    Other Consumer Services
    Real Estate