Levi & Korsinsky Announces Investigation of Securities Claims Against Universal Technical Institute, Inc. (UTI)
NEW YORK CITY, NY / ACCESS Newswire / August 10, 2026 / Levi & Korsinsky notifies investors that it has commenced an investigation into Universal Technical Institute, Inc. ("Universal Technical Institute, Inc.") (NYSE:UTI) concerning potential violations of the federal securities laws.
Universal Technical Institute shares dropped sharply after the Company released fiscal Q3 2026 results and lowered its full-year baseline adjusted EBITDA target to above $135 million, down from more than $155 million.
The reduction came in a quarter in which revenue grew 7.2% year over year to $218.9 million. Management attributed roughly 70% of the EBITDA reduction to weaker-than-expected fourth-quarter starts in the high-school auto and diesel channel, with the remainder tied to a faster mix shift toward shorter-duration, lower-margin programs.
The concentration of the shortfall in a single enrollment channel is a focus of the investigation, which concerns whether UTI adequately disclosed the condition of that channel and the pace of the program mix shift before the outlook was reset.
If you suffered a loss on your Universal Technical Institute, Inc. securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at [email protected] or call (212)363-7500 to speak to our team of experienced shareholder advocates.
WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212)363-7171
SOURCE: Levi & Korsinsky, LLP