Lincoln Educational Services Co. (NASDAQ:LINC) Major Shareholder Sells $255,131.24 in Stock

Lincoln Educational Services Co. (NASDAQ:LINC) major shareholder Juniper Investment Company, Ll sold 15,827 shares of the stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $16.12, for a total value of $255,131.24. Following the completion of the sale, the insider now directly owns 546,833 shares in the company, valued at approximately $8,814,947.96. This represents a 2.81 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Major shareholders that own at least 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, December 9th, Juniper Investment Company, Ll sold 61,289 shares of Lincoln Educational Services stock. The stock was sold at an average price of $16.19, for a total transaction of $992,268.91.
• 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 Monday, November 25th, Juniper Investment Company, Ll sold 34,997 shares of Lincoln Educational Services stock. The stock was sold at an average price of $16.52, for a total transaction of $578,150.44.
• On Wednesday, November 13th, Juniper Investment Company, Ll sold 7,123 shares of Lincoln Educational Services stock. The shares were sold at an average price of $16.86, for a total transaction of $120,093.78.

Lincoln Educational Services Stock Performance

Shares of LINC stock traded down $0.18 on Monday, reaching $16.09. The stock had a trading volume of 171,488 shares, compared to its average volume of 111,035. 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 1 year low of $8.78 and a 1 year high of $18.74. The stock has a market cap of $506.51 million, a P/E ratio of 50.28, a price-to-earnings-growth ratio of 2.01 and a beta of 1.47. The company has a 50 day simple moving average of $14.10 and a 200 day simple moving average of $12.77.

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

Analyst Ratings Changes

Several analysts have commented on LINC shares. 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 Lincoln Educational Services from $16.00 to $20.00 and gave the company an “outperform” rating in a research report on Monday, November 11th. 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 given a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $18.00.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Gladius Capital Management LP purchased a new stake in shares of Lincoln Educational Services in the 2nd quarter worth $33,000. SG Americas Securities LLC bought a new stake in Lincoln Educational Services during the third quarter valued at about $121,000. The Manufacturers Life Insurance Company purchased a new stake in Lincoln Educational Services in the second quarter worth about $123,000. Janus Henderson Group PLC bought a new position in shares of Lincoln Educational Services in the third quarter worth about $144,000. Finally, Barclays PLC lifted its position in shares of Lincoln Educational Services by 259.0% during the 3rd quarter. Barclays PLC now owns 34,220 shares of the company’s stock valued at $408,000 after buying an additional 24,688 shares in the last quarter. 72.23% of the stock is currently owned by 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.