Alexandra Luster Sells 18,007 Shares of Lincoln Educational Services (NASDAQ:LINC) Stock

Lincoln Educational Services Corporation (NASDAQ:LINCGet Free Report) SVP Alexandra Luster sold 18,007 shares of Lincoln Educational Services stock in a transaction on Monday, June 15th. The stock was sold at an average price of $44.64, for a total transaction of $803,832.48. Following the sale, the senior vice president directly owned 82,356 shares of the company’s stock, valued at $3,676,371.84. This represents a 17.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Lincoln Educational Services Trading Down 2.9%

NASDAQ:LINC traded down $1.35 during trading hours on Monday, reaching $44.80. The company’s stock had a trading volume of 620,462 shares, compared to its average volume of 483,432. The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of 63.10, a PEG ratio of 3.93 and a beta of 0.80. The firm has a 50-day simple moving average of $44.90 and a 200-day simple moving average of $34.52. 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 issued its earnings results on Monday, May 11th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.10. The company had revenue of $143.96 million for the quarter, compared to analysts’ expectations 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. Research analysts expect that Lincoln Educational Services Corporation will post 0.78 EPS for the current fiscal year.

Hedge Funds Weigh In On Lincoln Educational Services

Hedge funds have recently made changes to their positions in the business. Royal Bank of Canada increased its stake in shares of Lincoln Educational Services by 246.7% during the fourth quarter. Royal Bank of Canada now owns 1,536 shares of the company’s stock valued at $38,000 after buying an additional 1,093 shares during the period. State of Wyoming purchased a new position in shares of Lincoln Educational Services during the third quarter valued at about $54,000. EverSource Wealth Advisors LLC increased its position in shares of Lincoln Educational Services by 383.3% during the first quarter. EverSource Wealth Advisors LLC now owns 2,436 shares of the company’s stock valued at $99,000 after buying an additional 1,932 shares during the period. Strs Ohio purchased a new position in shares of Lincoln Educational Services during the first quarter valued at about $48,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Lincoln Educational Services during the second quarter valued at about $116,000. 72.23% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Barrington Research lifted their price target on Lincoln Educational Services from $45.00 to $56.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 12th. Weiss Ratings lowered Lincoln Educational Services from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 8th. Northland Securities set a $60.00 target price on shares of Lincoln Educational Services in a report on Thursday, May 28th. Wall Street Zen downgraded shares of Lincoln Educational Services from a “buy” rating to a “hold” rating in a research note on Monday, February 23rd. Finally, B. Riley Financial upped their price target on shares of Lincoln Educational Services from $46.00 to $56.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $54.17.

Check Out Our Latest Stock Analysis on LINC

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.

Recommended Stories

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

Receive News & Ratings for Lincoln Educational Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lincoln Educational Services and related companies with MarketBeat.com's FREE daily email newsletter.