Lincoln Educational Services (NASDAQ:LINC) Director Sells $792,640.00 in Stock

Lincoln Educational Services Corporation (NASDAQ:LINCGet Free Report) Director James Burke, Jr. sold 16,000 shares of the stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $49.54, for a total transaction of $792,640.00. Following the sale, the director directly owned 60,005 shares of the company’s stock, valued at approximately $2,972,647.70. This trade represents a 21.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Lincoln Educational Services Stock Down 0.2%

LINC opened at $47.43 on Thursday. The firm has a 50 day moving average price of $41.90 and a 200 day moving average price of $31.14. The company has a market cap of $1.50 billion, a PE ratio of 66.80, a price-to-earnings-growth ratio of 4.04 and a beta of 0.77. Lincoln Educational Services Corporation has a 1 year low of $17.29 and a 1 year high of $53.50. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.80 and a current ratio of 0.83.

Lincoln Educational Services (NASDAQ:LINCGet Free Report) last posted its earnings results on Monday, May 11th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.10. The firm had revenue of $143.96 million during the quarter, compared to the consensus estimate of $135.66 million. Lincoln Educational Services had a net margin of 4.11% and a return on equity of 15.25%. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. Sell-side analysts expect that Lincoln Educational Services Corporation will post 0.78 earnings per share for the current year.

Institutional Trading of Lincoln Educational Services

Several large investors have recently bought and sold shares of LINC. Pillsbury Lake Capital LLC acquired a new stake in Lincoln Educational Services in the fourth quarter valued at approximately $17,028,000. Cannell Capital LLC grew its position in Lincoln Educational Services by 248.6% in the third quarter. Cannell Capital LLC now owns 576,505 shares of the company’s stock valued at $13,548,000 after acquiring an additional 411,111 shares in the last quarter. Alyeska Investment Group L.P. grew its position in Lincoln Educational Services by 26.1% in the third quarter. Alyeska Investment Group L.P. now owns 1,449,605 shares of the company’s stock valued at $34,066,000 after acquiring an additional 300,000 shares in the last quarter. Needham Investment Management LLC grew its position in shares of Lincoln Educational Services by 30.1% during the fourth quarter. Needham Investment Management LLC now owns 1,125,000 shares of the company’s stock worth $27,169,000 after buying an additional 260,000 shares in the last quarter. Finally, Wasatch Advisors LP grew its position in shares of Lincoln Educational Services by 22.1% during the second quarter. Wasatch Advisors LP now owns 1,115,094 shares of the company’s stock worth $25,703,000 after buying an additional 202,170 shares in the last quarter. Institutional investors and hedge funds own 72.23% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on LINC shares. B. Riley Financial increased their target price on shares of Lincoln Educational Services from $46.00 to $56.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Wall Street Zen downgraded shares of Lincoln Educational Services from a “buy” rating to a “hold” rating in a research report on Monday, February 23rd. Barrington Research increased their target price on shares of Lincoln Educational Services from $45.00 to $56.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. Lake Street Capital reissued a “buy” rating and set a $55.00 target price on shares of Lincoln Educational Services in a research report on Tuesday, May 12th. Finally, Griffin Securities set a $38.00 price objective on shares of Lincoln Educational Services in a research report on Tuesday, February 24th. Five investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $52.50.

Read Our Latest Analysis on Lincoln Educational Services

Lincoln Educational Services Company Profile

(Get Free Report)

Lincoln Educational Services Corporation is a publicly traded provider of career-focused post-secondary vocational education in the United States. Operating under the Lincoln Tech and Lincoln Culinary Institute brands, the company delivers hands-on technical instruction across high-growth industries. Its mission centers on equipping students with practical skills and industry credentials designed to meet employer needs.

The company’s program offerings span automotive technology, skilled trades, health sciences, information technology, culinary arts and public safety.

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Insider Buying and Selling by Quarter for Lincoln Educational Services (NASDAQ:LINC)

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