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 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 transaction of $578,150.44. Following the transaction, the insider now directly owns 669,926 shares of the company’s stock, valued at approximately $11,067,177.52. This trade represents a 4.96 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Large shareholders that own more than 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 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 transaction of $120,093.78.

Lincoln Educational Services Stock Up 0.2 %

Shares of LINC opened at $16.49 on Friday. The company has a current ratio of 1.57, a quick ratio of 1.53 and a debt-to-equity ratio of 0.17. The stock has a market capitalization of $519.09 million, a PE ratio of 51.53, a P/E/G ratio of 2.02 and a beta of 1.41. The firm’s 50 day moving average is $13.53 and its 200-day moving average is $12.55. Lincoln Educational Services Co. has a 12 month low of $8.78 and a 12 month high of $18.74.

Lincoln Educational Services (NASDAQ:LINC) last posted its quarterly earnings data on Monday, November 11th. The company reported $0.13 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.01). The company had revenue of $114.41 million for the quarter, compared to the consensus estimate 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 quarter last year, the business earned $0.11 EPS. Equities research analysts forecast that Lincoln Educational Services Co. will post 0.54 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of LINC. Vanguard Group Inc. grew its stake in Lincoln Educational Services by 11.3% during the first quarter. Vanguard Group Inc. now owns 1,343,181 shares of the company’s stock worth $13,875,000 after buying an additional 136,334 shares in the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Lincoln Educational Services by 5.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 970,425 shares of the company’s stock worth $11,509,000 after acquiring an additional 50,737 shares during the period. First Eagle Investment Management LLC boosted its position in shares of 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 worth $9,119,000 after acquiring an additional 155,754 shares in the last quarter. Renaissance Technologies LLC boosted its position in shares of Lincoln Educational Services by 12.6% during the 2nd quarter. Renaissance Technologies LLC now owns 645,678 shares of the company’s stock worth $7,658,000 after acquiring an additional 72,400 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in Lincoln Educational Services by 1.9% in the third quarter. Geode Capital Management LLC now owns 636,160 shares of the company’s stock valued at $7,598,000 after acquiring an additional 11,650 shares during the last quarter. Institutional investors and hedge funds own 72.23% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. B. Riley raised their price objective on shares of Lincoln Educational Services from $15.00 to $20.00 and gave the stock a “buy” rating in a research report on Thursday, November 7th. Rosenblatt Securities lifted their price target on Lincoln Educational Services from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Friday, August 9th. Barrington Research boosted their price target on Lincoln Educational Services from $16.00 to $20.00 and gave the company an “outperform” rating in a research note on Monday, November 11th. Finally, StockNews.com cut Lincoln Educational Services from a “buy” rating to a “hold” rating in a research report on Wednesday, October 9th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Lincoln Educational Services has an average rating of “Moderate Buy” and an average target price of $18.00.

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.