Lincoln Educational Services Co. (NASDAQ:LINC) Major Shareholder Sells $578,150.44 in Stock

Lincoln Educational Services Co. (NASDAQ:LINC) major shareholder Juniper Investment Company, Ll sold 34,997 shares of Lincoln Educational Services stock in a transaction on Monday, November 25th. The stock was sold at an average price of $16.52, for a total value of $578,150.44. Following the sale, the insider now directly owns 669,926 shares of the company’s stock, valued at $11,067,177.52. This represents a 4.96 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Juniper Investment Company, Ll also recently made the following trade(s):

• On Wednesday, November 27th, Juniper Investment Company, Ll sold 60,000 shares of Lincoln Educational Services stock. The stock was sold at an average price of $16.62, for a total transaction of $997,200.00.
• On Wednesday, November 13th, Juniper Investment Company, Ll sold 7,123 shares of Lincoln Educational Services stock. The stock was sold at an average price of $16.86, for a total transaction of $120,093.78.

Lincoln Educational Services Trading Down 0.4 %

Shares of LINC opened at $16.43 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.53 and a current ratio of 1.57. Lincoln Educational Services Co. has a 52-week low of $8.78 and a 52-week high of $18.74. The firm has a market cap of $517.22 million, a price-to-earnings ratio of 51.35, a PEG ratio of 2.04 and a beta of 1.41. The business’s fifty day moving average is $13.68 and its 200-day moving average is $12.61.

Lincoln Educational Services (NASDAQ:LINC) last issued its earnings results on Monday, November 11th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.01). Lincoln Educational Services had a return on equity of 10.60% and a net margin of 2.33%. The business had revenue of $114.41 million for the quarter, compared to analyst estimates of $111.05 million. During the same period in the previous year, the firm posted $0.11 EPS. Equities analysts anticipate that Lincoln Educational Services Co. will post 0.54 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

LINC has been the subject of several recent research reports. StockNews.com cut Lincoln Educational Services from a “buy” rating to a “hold” rating in a research note on Wednesday, October 9th. Rosenblatt Securities increased their target price on Lincoln Educational Services from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Friday, August 9th. B. Riley boosted their price target on Lincoln Educational Services from $15.00 to $20.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Finally, Barrington Research increased their price objective on shares of Lincoln Educational Services from $16.00 to $20.00 and gave the stock an “outperform” rating in a research note on Monday, November 11th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $18.00.

Institutional Trading of Lincoln Educational Services

A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in shares of Lincoln Educational Services by 11.3% in the 1st quarter. Vanguard Group Inc. now owns 1,343,181 shares of the company’s stock valued at $13,875,000 after acquiring an additional 136,334 shares during the last quarter. Renaissance Technologies LLC raised its position in Lincoln Educational Services by 12.6% in the second quarter. Renaissance Technologies LLC now owns 645,678 shares of the company’s stock valued at $7,658,000 after purchasing an additional 72,400 shares during the last quarter. First Eagle Investment Management LLC boosted its stake in shares of Lincoln Educational Services by 25.4% during the second quarter. First Eagle Investment Management LLC now owns 768,851 shares of the company’s stock valued at $9,119,000 after purchasing an additional 155,754 shares in the last quarter. Secure Asset Management LLC bought a new stake in shares of Lincoln Educational Services during the second quarter worth about $612,000. Finally, Calamos Advisors LLC acquired a new position in shares of Lincoln Educational Services in the second quarter valued at approximately $576,000. Institutional investors and hedge funds own 72.23% of the company’s stock.

Lincoln Educational Services Company Profile

Lincoln Educational Services Corporation, together with its subsidiaries, provides various career-oriented post-secondary education services to high school graduates and working adults in the United States. The company operates in two segments, Campus Operations and Transitional. It offers associate's degree, and diploma and certificate programs in automotive technology; skilled trades programs, including electrical, heating and air conditioning repair, welding, computerized numerical control, and electrical and electronic systems technology; health science programs comprising licensed practical nurse, registered nurse, dental assistant, medical assistant, medical administrative assistant, and claims examiner; hospitality service and information technology programs, such as culinary, therapeutic massage, cosmetology, aesthetics, and computer systems support technicians.