Insider Selling: Lincoln Educational Services Co. (NASDAQ:LINC) Major Shareholder Sells 34,997 Shares of Stock

Lincoln Educational Services Co. (NASDAQ:LINC) major shareholder Juniper Investment Company, Ll sold 34,997 shares of the business’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $16.52, for a total transaction of $578,150.44. Following the completion of 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases 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 shares were 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 value of $120,093.78.

Lincoln Educational Services Price Performance

Lincoln Educational Services stock opened at $16.49 on Thursday. 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 stock has a market capitalization of $519.09 million, a P/E ratio of 51.53, a price-to-earnings-growth ratio of 2.02 and a beta of 1.41. The stock has a fifty day moving average of $13.53 and a 200-day moving average of $12.55.

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). The business had revenue of $114.41 million for the quarter, compared to analyst estimates of $111.05 million. Lincoln Educational Services had a return on equity of 10.60% and a net margin of 2.33%. During the same period in the previous year, the firm posted $0.11 EPS. On average, sell-side analysts expect that Lincoln Educational Services Co. will post 0.54 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

LINC has been the subject of a number of recent analyst reports. Rosenblatt Securities upped their target price on Lincoln Educational Services from $15.00 to $17.00 and gave the company a “buy” rating in a research report on Friday, August 9th. StockNews.com downgraded Lincoln Educational Services from a “buy” rating to a “hold” rating in a research note on Wednesday, October 9th. 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. Finally, B. Riley boosted their target price on shares of Lincoln Educational Services from $15.00 to $20.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Lincoln Educational Services currently has a consensus rating of “Moderate Buy” and a consensus target price of $18.00.

Hedge Funds Weigh In On Lincoln Educational Services

A number of institutional investors and hedge funds have recently bought and sold shares of LINC. Barclays PLC boosted its stake in shares of Lincoln Educational Services by 259.0% during the third quarter. Barclays PLC now owns 34,220 shares of the company’s stock valued at $408,000 after purchasing an additional 24,688 shares in the last quarter. Geode Capital Management LLC raised its holdings in Lincoln Educational Services by 1.9% in the 3rd quarter. Geode Capital Management LLC now owns 636,160 shares of the company’s stock valued at $7,598,000 after buying an additional 11,650 shares during the last quarter. Jane Street Group LLC boosted its position in Lincoln Educational Services by 63.6% during the 3rd quarter. Jane Street Group LLC now owns 38,367 shares of the company’s stock worth $458,000 after buying an additional 14,913 shares during the period. State Street Corp grew its holdings in Lincoln Educational Services by 3.0% during the 3rd quarter. State Street Corp now owns 440,136 shares of the company’s stock worth $5,255,000 after acquiring an additional 12,938 shares during the last quarter. Finally, Needham Investment Management LLC increased its position in Lincoln Educational Services by 71.4% in the 3rd quarter. Needham Investment Management LLC now owns 600,000 shares of the company’s stock valued at $7,164,000 after acquiring an additional 250,000 shares during the period. 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.