Insider Selling: Lincoln Educational Services Co. (NASDAQ:LINC) Major Shareholder Sells $27,330.80 in Stock

Lincoln Educational Services Co. (NASDAQ:LINC) major shareholder Juniper Investment Company, Ll sold 2,270 shares of the business’s stock in a transaction on Monday, August 19th. The shares were sold at an average price of $12.04, for a total value of $27,330.80. Following the sale, the insider now owns 874,140 shares in the company, valued at $10,524,645.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

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

• On Friday, August 16th, Juniper Investment Company, Ll sold 19,611 shares of Lincoln Educational Services stock. The shares were sold at an average price of $12.02, for a total value of $235,724.22.
• On Wednesday, August 14th, Juniper Investment Company, Ll sold 17,031 shares of Lincoln Educational Services stock. The shares were sold at an average price of $12.01, for a total value of $204,542.31.
• On Monday, August 12th, Juniper Investment Company, Ll sold 1,907 shares of Lincoln Educational Services stock. The stock was sold at an average price of $12.00, for a total value of $22,884.00.
• On Friday, May 31st, Juniper Investment Company, Ll sold 25,010 shares of Lincoln Educational Services stock. The stock was sold at an average price of $11.75, for a total value of $293,867.50.

Lincoln Educational Services Trading Up 1.8 %

Shares of LINC stock opened at $11.92 on Thursday. The stock has a market capitalization of $374.81 million, a PE ratio of 14.02, a P/E/G ratio of 1.84 and a beta of 1.41. Lincoln Educational Services Co. has a 1-year low of $7.88 and a 1-year high of $14.52. The business has a 50-day moving average of $12.18 and a 200 day moving average of $11.12. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.98 and a quick ratio of 1.94.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on LINC shares. Lake Street Capital upped their target price on Lincoln Educational Services from $14.00 to $15.00 and gave the stock a “buy” rating in a research note on Tuesday, May 7th. B. Riley upped their price objective on Lincoln Educational Services from $14.00 to $15.00 and gave the stock a “buy” rating in a report on Tuesday, May 7th. Rosenblatt Securities upped their price objective on Lincoln Educational Services from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Friday, August 9th. StockNews.com cut Lincoln Educational Services from a “buy” rating to a “hold” rating in a report on Monday. Finally, Barrington Research reiterated an “outperform” rating and issued a $16.00 price objective on shares of Lincoln Educational Services in a report on Thursday, August 8th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, Lincoln Educational Services currently has an average rating of “Moderate Buy” and an average target price of $15.75.

Institutional Investors Weigh In On Lincoln Educational Services

Several institutional investors have recently bought and sold shares of the stock. The Manufacturers Life Insurance Company purchased a new stake in Lincoln Educational Services during the 2nd quarter valued at about $123,000. Auxier Asset Management boosted its holdings in Lincoln Educational Services by 2.1% during the 2nd quarter. Auxier Asset Management now owns 238,324 shares of the company’s stock valued at $2,827,000 after acquiring an additional 5,000 shares during the period. First Eagle Investment Management LLC boosted its holdings in Lincoln Educational Services by 25.4% during the 2nd quarter. First Eagle Investment Management LLC now owns 768,851 shares of the company’s stock valued at $9,119,000 after acquiring an additional 155,754 shares during the period. Renaissance Technologies LLC boosted its holdings in Lincoln Educational Services by 12.6% during the 2nd quarter. Renaissance Technologies LLC now owns 645,678 shares of the company’s stock valued at $7,658,000 after acquiring an additional 72,400 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in Lincoln Educational Services by 5.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 970,425 shares of the company’s stock valued at $11,509,000 after purchasing an additional 50,737 shares during the last quarter. 72.23% of the stock is currently owned by hedge funds and other institutional investors.

About Lincoln Educational Services

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.