Lincoln Educational Services Corporation (NASDAQ:LINC – Get Free Report) insider Juniper Investment Company, Ll sold 150,000 shares of Lincoln Educational Services stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $35.67, for a total value of $5,350,500.00. Following the transaction, the insider owned 1,938,311 shares of the company’s stock, valued at $69,139,553.37. The trade was a 7.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
Juniper Investment Company, Ll also recently made the following trade(s):
- On Wednesday, February 25th, Juniper Investment Company, Ll sold 275,000 shares of Lincoln Educational Services stock. The stock was sold at an average price of $34.55, for a total value of $9,501,250.00.
Lincoln Educational Services Price Performance
Shares of NASDAQ:LINC opened at $37.02 on Wednesday. The business has a fifty day moving average price of $27.58 and a 200-day moving average price of $23.40. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.86 and a quick ratio of 0.82. The company has a market capitalization of $1.17 billion, a PE ratio of 58.76, a PEG ratio of 3.51 and a beta of 0.92. Lincoln Educational Services Corporation has a 1-year low of $14.10 and a 1-year high of $37.31.
Hedge Funds Weigh In On Lincoln Educational Services
A number of institutional investors and hedge funds have recently modified their holdings of LINC. State of Alaska Department of Revenue bought a new stake in shares of Lincoln Educational Services in the third quarter worth $35,000. Royal Bank of Canada boosted its position in Lincoln Educational Services by 246.7% in the fourth quarter. Royal Bank of Canada now owns 1,536 shares of the company’s stock worth $38,000 after purchasing an additional 1,093 shares during the last quarter. Strs Ohio bought a new stake in shares of Lincoln Educational Services during the 1st quarter valued at about $48,000. Stanley Laman Group Ltd. bought a new stake in shares of Lincoln Educational Services during the 3rd quarter valued at about $49,000. Finally, State of Wyoming purchased a new stake in shares of Lincoln Educational Services during the 3rd quarter valued at about $54,000. 72.23% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
LINC has been the subject of a number of recent analyst reports. Northland Securities set a $36.00 price objective on shares of Lincoln Educational Services in a report on Tuesday, February 24th. Wall Street Zen lowered Lincoln Educational Services from a “buy” rating to a “hold” rating in a report on Monday, February 23rd. Rosenblatt Securities boosted their price target on Lincoln Educational Services from $27.00 to $39.00 and gave the stock a “buy” rating in a research note on Monday, February 23rd. Griffin Securities set a $38.00 price objective on Lincoln Educational Services in a research report on Tuesday, February 24th. Finally, Weiss Ratings downgraded Lincoln Educational Services from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, February 25th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $37.33.
Check Out Our Latest Research Report on LINC
Lincoln Educational Services Company Profile
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.
Featured Articles
- Five stocks we like better than Lincoln Educational Services
- New Copper-Rich “Kraken” Zone Discovered
- America’s 1776 happening again
- 3 Signs You May Want to Switch Financial Advisors
- Silver’s squeeze is tightening – opportunity forming
- Trump’s NEW Executive Order – BIG Changes Coming to Retirement Accounts
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.
