Needham Investment Management LLC Has $27.17 Million Holdings in Lincoln Educational Services Corporation $LINC

Needham Investment Management LLC grew its holdings in shares of Lincoln Educational Services Corporation (NASDAQ:LINC) by 30.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 1,125,000 shares of the company’s stock after acquiring an additional 260,000 shares during the quarter. Lincoln Educational Services makes up about 1.7% of Needham Investment Management LLC’s holdings, making the stock its 13th biggest holding. Needham Investment Management LLC’s holdings in Lincoln Educational Services were worth $27,169,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Cannell Capital LLC grew its holdings in shares of Lincoln Educational Services by 248.6% during the 3rd quarter. Cannell Capital LLC now owns 576,505 shares of the company’s stock worth $13,548,000 after purchasing an additional 411,111 shares in the last quarter. Alyeska Investment Group L.P. raised its stake 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 purchasing an additional 300,000 shares in the last quarter. Wasatch Advisors LP lifted its position in 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 purchasing an additional 202,170 shares during the period. Squarepoint Ops LLC acquired a new stake in Lincoln Educational Services during the third quarter worth about $2,723,000. Finally, Oberweis Asset Management Inc. raised its position in shares of Lincoln Educational Services by 59.1% in the 3rd quarter. Oberweis Asset Management Inc. now owns 301,600 shares of the company’s stock valued at $7,088,000 after buying an additional 112,000 shares in the last quarter. 72.23% of the stock is currently owned by institutional investors.

Lincoln Educational Services Stock Down 2.9%

Lincoln Educational Services stock opened at $44.80 on Tuesday. The firm has a 50 day moving average price of $44.96 and a 200-day moving average price of $34.69. The company has a quick ratio of 0.80, a current ratio of 0.83 and a debt-to-equity ratio of 0.18. Lincoln Educational Services Corporation has a twelve month low of $17.29 and a twelve month high of $53.50. The company has a market capitalization of $1.42 billion, a P/E ratio of 63.10, a P/E/G ratio of 3.93 and a beta of 0.80.

Lincoln Educational Services (NASDAQ:LINC) last announced its quarterly earnings data on Monday, May 11th. The company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.10. The business had revenue of $143.96 million during the quarter, compared to analyst estimates 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. As a group, equities analysts predict that Lincoln Educational Services Corporation will post 0.78 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Lake Street Capital restated a “buy” rating and set a $55.00 target price on shares of Lincoln Educational Services in a research note on Tuesday, May 12th. Griffin Securities set a $38.00 price target on Lincoln Educational Services in a research note on Tuesday, February 24th. Rosenblatt Securities reiterated a “buy” rating and set a $60.00 target price on shares of Lincoln Educational Services in a research report on Thursday. B. Riley Financial boosted their price objective on Lincoln Educational Services from $46.00 to $56.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Finally, Weiss Ratings downgraded shares of Lincoln Educational Services from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 8th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $54.17.

Insider Activity at Lincoln Educational Services

In other Lincoln Educational Services news, Director Kevin M. Carney sold 3,000 shares of the business’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $48.00, for a total value of $144,000.00. Following the completion of the sale, the director directly owned 25,039 shares of the company’s stock, valued at $1,201,872. The trade was a 10.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director James J. Burke, Jr. sold 16,000 shares of Lincoln Educational Services stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $49.54, for a total value of $792,640.00. Following the completion of the transaction, the director owned 60,005 shares in the company, valued at approximately $2,972,647.70. This represents a 21.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 95,070 shares of company stock worth $4,617,457 over the last quarter. 12.80% of the stock is currently owned by corporate insiders.

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.