Rice Hall James & Associates LLC Sells 19,061 Shares of Lincoln Educational Services Corporation $LINC

Rice Hall James & Associates LLC cut its stake in Lincoln Educational Services Corporation (NASDAQ:LINC) by 14.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 110,087 shares of the company’s stock after selling 19,061 shares during the period. Rice Hall James & Associates LLC’s holdings in Lincoln Educational Services were worth $2,659,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently bought and sold shares of the company. Next Century Growth Investors LLC boosted its holdings in Lincoln Educational Services by 4.1% in the 4th quarter. Next Century Growth Investors LLC now owns 791,271 shares of the company’s stock valued at $19,109,000 after purchasing an additional 31,370 shares during the period. Pacific Ridge Capital Partners LLC boosted its holdings in Lincoln Educational Services by 33.1% in the 3rd quarter. Pacific Ridge Capital Partners LLC now owns 312,569 shares of the company’s stock valued at $7,345,000 after purchasing an additional 77,680 shares during the period. Boothbay Fund Management LLC boosted its holdings in Lincoln Educational Services by 87.3% in the 3rd quarter. Boothbay Fund Management LLC now owns 99,237 shares of the company’s stock valued at $2,332,000 after purchasing an additional 46,268 shares during the period. Cannell Capital LLC boosted its holdings in Lincoln Educational Services by 248.6% in the 3rd quarter. Cannell Capital LLC now owns 576,505 shares of the company’s stock valued at $13,548,000 after purchasing an additional 411,111 shares during the period. Finally, MYDA Advisors LLC bought a new stake in Lincoln Educational Services in the 4th quarter valued at $1,452,000. 72.23% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Lake Street Capital reissued a “buy” rating and issued a $55.00 price target on shares of Lincoln Educational Services in a report on Tuesday, May 12th. Griffin Securities set a $38.00 price objective on shares of Lincoln Educational Services in a report on Tuesday, February 24th. Northland Securities set a $60.00 price objective on shares of Lincoln Educational Services in a report on Thursday, May 28th. Rosenblatt Securities reaffirmed a “buy” rating and set a $60.00 price objective on shares of Lincoln Educational Services in a report on Thursday, June 11th. Finally, B. Riley Financial raised their price objective on shares of Lincoln Educational Services from $46.00 to $56.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Five research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, Lincoln Educational Services currently has an average rating of “Moderate Buy” and an average target price of $54.17.

Lincoln Educational Services Price Performance

NASDAQ:LINC opened at $45.91 on Wednesday. The company has a market capitalization of $1.46 billion, a price-to-earnings ratio of 64.66, a PEG ratio of 3.81 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. The company has a 50-day moving average of $45.04 and a 200-day moving average of $34.87. Lincoln Educational Services Corporation has a 52 week low of $17.29 and a 52 week high of $53.50.

Lincoln Educational Services (NASDAQ:LINC) last announced 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 business had revenue of $143.96 million during 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. As a group, equities research analysts anticipate that Lincoln Educational Services Corporation will post 0.78 earnings per share for the current fiscal year.

Insider Activity at Lincoln Educational Services

In other Lincoln Educational Services news, Director Kevin M. 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 completion of the sale, the director owned 25,039 shares in the company, valued at approximately $1,201,872. This trade represents a 10.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Alexandra M. Luster sold 18,007 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $44.64, for a total transaction of $803,832.48. Following the completion of the sale, the senior vice president owned 82,356 shares of the company’s stock, valued at $3,676,371.84. The trade was a 17.94% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 95,070 shares of company stock worth $4,617,457. 12.80% of the stock is owned by insiders.

Lincoln Educational Services 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.