Universal Technical Institute shareholder reports 5.6% ownership

By Lisa Kerner

Charlotte, N.C., April 6 - Pivot Point Capital Master, LP bought 170,000 shares of Universal Technical Institute, Inc. between March 27 and April 6 priced from $11.51 to $12.61 each.

The investor beneficially owns 1,410,294 shares, or 5.6%, of the Phoenix-based company's outstanding stock, according to a schedule 13D filed with the Securities and Exchange Commission on Monday.

Universal Technical Institute provides technician training for careers in the automotive, collision repair, motorcycle and marine industries.

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