Castleark Management LLC Purchases New Stake in Lincoln Educational Services Corporation $LINC

Castleark Management LLC acquired a new position in shares of Lincoln Educational Services Corporation (NASDAQ:LINC) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 162,910 shares of the company’s stock, valued at approximately $8,129,000.

A number of other large investors have also recently bought and sold shares of LINC. Global Retirement Partners LLC acquired a new position in shares of Lincoln Educational Services in the 2nd quarter valued at approximately $32,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Lincoln Educational Services during the 2nd quarter worth approximately $40,000. Royal Bank of Canada increased its stake 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 valued at $38,000 after acquiring an additional 1,093 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in 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 purchasing an additional 1,932 shares in the last quarter. Finally, Strs Ohio bought a new stake in Lincoln Educational Services during the first quarter worth $48,000. 72.23% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Kevin M. Carney sold 3,000 shares of the stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $48.00, for a total transaction of $144,000.00. Following the completion of the sale, the director directly owned 25,039 shares in the company, valued at $1,201,872. This represents a 10.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Alexandra M. Luster sold 18,007 shares of the 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 owned 82,356 shares of the company’s stock, valued at approximately $3,676,371.84. This trade represents a 17.94% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 23,000 shares of company stock worth $1,047,702. Insiders own 12.80% of the company’s stock.

Lincoln Educational Services Price Performance

Shares of LINC opened at $25.42 on Wednesday. The business has a 50-day moving average of $42.28 and a 200-day moving average of $41.16. The company has a debt-to-equity ratio of 0.28, a current ratio of 0.96 and a quick ratio of 0.92. The company has a market capitalization of $806.32 million, a price-to-earnings ratio of 35.31, a price-to-earnings-growth ratio of 2.12 and a beta of 0.83. Lincoln Educational Services Corporation has a 1 year low of $17.29 and a 1 year high of $56.34.

Lincoln Educational Services (NASDAQ:LINC) last announced its earnings results on Monday, August 10th. The company reported $0.06 EPS for the quarter. Lincoln Educational Services had a return on equity of 14.47% and a net margin of 3.99%.The business had revenue of $142.56 million for the quarter, compared to analysts’ expectations of $139.49 million. 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 year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on LINC shares. B. Riley Financial lifted their price target on Lincoln Educational Services from $46.00 to $56.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Northland Securities set a $60.00 price objective on Lincoln Educational Services in a research note on Thursday, May 28th. Rosenblatt Securities decreased their target price on Lincoln Educational Services from $60.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday, August 11th. Barrington Research set a $50.00 price objective on shares of Lincoln Educational Services in a research report on Monday, August 10th. Finally, Weiss Ratings lowered shares of Lincoln Educational Services from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, August 3rd. Four equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Lincoln Educational Services has a consensus rating of “Moderate Buy” and an average price target of $50.67.

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.