Kevin Carney Sells 3,000 Shares of Lincoln Educational Services (NASDAQ:LINC) Stock

Lincoln Educational Services Corporation (NASDAQ:LINC) Director Kevin Carney sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $48.00, for a total value of $144,000.00. Following the sale, the director owned 25,039 shares in the company, valued at approximately $1,201,872. The trade was a 10.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Lincoln Educational Services Stock Up 2.3%

Shares of NASDAQ:LINC traded up $1.05 during mid-day trading on Wednesday, hitting $47.43. 576,270 shares of the company traded hands, compared to its average volume of 508,246. The firm has a market cap of $1.50 billion, a P/E ratio of 66.80, a PEG ratio of 3.95 and a beta of 0.80. 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 Corporation has a 52-week low of $17.29 and a 52-week high of $53.50. The firm’s 50 day simple moving average is $44.67 and its 200 day simple moving average is $34.14.

Lincoln Educational Services (NASDAQ:LINC) last announced its earnings results on Monday, May 11th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.04 by $0.10. The business had revenue of $143.96 million for the quarter, compared to the consensus estimate of $135.66 million. Lincoln Educational Services had a return on equity of 15.25% and a net margin of 4.11%.Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. On average, equities analysts anticipate that Lincoln Educational Services Corporation will post 0.78 EPS for the current year.

Institutional Trading of Lincoln Educational Services

Several institutional investors and hedge funds have recently bought and sold shares of LINC. AQR Capital Management LLC acquired a new stake in Lincoln Educational Services during the first quarter valued at approximately $213,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Lincoln Educational Services by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,657 shares of the company’s stock valued at $248,000 after buying an additional 681 shares in the last quarter. Empowered Funds LLC raised its stake in Lincoln Educational Services by 1.9% during the first quarter. Empowered Funds LLC now owns 47,648 shares of the company’s stock valued at $756,000 after buying an additional 879 shares in the last quarter. Strs Ohio acquired a new stake in Lincoln Educational Services during the first quarter valued at approximately $48,000. Finally, Legal & General Group Plc raised its stake in Lincoln Educational Services by 156.1% during the second quarter. Legal & General Group Plc now owns 5,740 shares of the company’s stock valued at $132,000 after buying an additional 3,499 shares in the last quarter. Institutional investors and hedge funds own 72.23% of the company’s stock.

Wall Street Analysts Forecast Growth

LINC has been the topic of several recent analyst reports. Wall Street Zen cut Lincoln Educational Services from a “buy” rating to a “hold” rating in a research note on Monday, February 23rd. Lake Street Capital reiterated a “buy” rating and issued a $55.00 price target on shares of Lincoln Educational Services in a research note on Tuesday, May 12th. Rosenblatt Securities boosted their price target on Lincoln Educational Services from $45.00 to $60.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Zacks Research cut Lincoln Educational Services from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Finally, B. Riley Financial boosted their price target on Lincoln Educational Services from $46.00 to $56.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $54.17.

About Lincoln Educational Services

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.