Lincoln Educational Services Co. (NASDAQ:LINC) Major Shareholder Sells $120,093.78 in Stock

Lincoln Educational Services Co. (NASDAQ:LINC) major shareholder Juniper Investment Company, Ll sold 7,123 shares of the company’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $16.86, for a total transaction of $120,093.78. Following the completion of the transaction, the insider now owns 867,017 shares in the company, valued at approximately $14,617,906.62. The trade was a 0.81 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

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

• On Monday, August 19th, Juniper Investment Company, Ll sold 2,270 shares of Lincoln Educational Services stock. The stock was sold at an average price of $12.04, for a total value of $27,330.80.

Lincoln Educational Services Stock Performance

Shares of NASDAQ LINC traded down $0.23 during midday trading on Friday, hitting $15.19. 90,241 shares of the company’s stock traded hands, compared to its average volume of 109,696. Lincoln Educational Services Co. has a 1 year low of $8.78 and a 1 year high of $18.74. The stock has a market capitalization of $478.18 million, a price-to-earnings ratio of 47.47, a price-to-earnings-growth ratio of 2.01 and a beta of 1.41. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.75 and a current ratio of 1.57. The firm has a fifty day moving average of $12.79 and a 200 day moving average of $12.26.

Lincoln Educational Services (NASDAQ:LINC) last released its quarterly 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). The business had revenue of $114.41 million for the quarter, compared to analysts’ expectations of $111.05 million. Lincoln Educational Services had a net margin of 2.33% and a return on equity of 10.60%. During the same period in the previous year, the company earned $0.11 EPS. On average, analysts forecast that Lincoln Educational Services Co. will post 0.54 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on LINC shares. Rosenblatt Securities boosted their target price on Lincoln Educational Services from $15.00 to $17.00 and gave the stock a “buy” rating in a research report on Friday, August 9th. Barrington Research boosted their target price on Lincoln Educational Services from $16.00 to $20.00 and gave the stock an “outperform” rating in a research report on Monday. StockNews.com lowered Lincoln Educational Services from a “buy” rating to a “hold” rating in a research report on Wednesday, October 9th. Finally, B. Riley boosted their target price on Lincoln Educational Services from $15.00 to $20.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $18.00.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Essex Investment Management Co. LLC grew its stake in shares of Lincoln Educational Services by 0.3% during the 3rd quarter. Essex Investment Management Co. LLC now owns 443,739 shares of the company’s stock valued at $5,298,000 after acquiring an additional 1,490 shares during the period. Charles Schwab Investment Management Inc. grew its stake in shares of Lincoln Educational Services by 3.5% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 74,935 shares of the company’s stock valued at $895,000 after acquiring an additional 2,545 shares during the period. Gladius Capital Management LP bought a new position in shares of Lincoln Educational Services during the 2nd quarter valued at approximately $33,000. Pullen Investment Management LLC grew its stake in shares of Lincoln Educational Services by 2.4% during the 2nd quarter. Pullen Investment Management LLC now owns 124,832 shares of the company’s stock valued at $1,481,000 after acquiring an additional 2,924 shares during the period. Finally, BNP Paribas Financial Markets grew its stake in shares of Lincoln Educational Services by 60.2% during the 1st quarter. BNP Paribas Financial Markets now owns 11,218 shares of the company’s stock valued at $116,000 after acquiring an additional 4,217 shares during the period. 72.23% of the stock is currently owned by institutional investors.

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.