Insider Selling: Lincoln Educational Services Co. (NASDAQ:LINC) Major Shareholder Sells 60,000 Shares of Stock

Lincoln Educational Services Co. (NASDAQ:LINC) major shareholder Juniper Investment Company, Ll sold 60,000 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $16.62, for a total transaction of $997,200.00. Following the transaction, the insider now owns 605,005 shares in the company, valued at approximately $10,055,183.10. The trade was a 9.02 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own at least 10% 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 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 stock was sold at an average price of $16.86, for a total value of $120,093.78.

Lincoln Educational Services Stock Up 0.2 %

Shares of LINC stock traded up $0.03 on Wednesday, hitting $16.49. The stock had a trading volume of 192,554 shares, compared to its average volume of 110,832. Lincoln Educational Services Co. has a 12-month low of $8.78 and a 12-month high of $18.74. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.57 and a quick ratio of 1.53. The business has a 50 day moving average of $13.45 and a 200 day moving average of $12.52. The stock has a market cap of $519.09 million, a price-to-earnings ratio of 51.44, a price-to-earnings-growth ratio of 2.02 and a beta of 1.41.

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

Analyst Ratings Changes

A number of brokerages recently weighed in on LINC. Barrington Research boosted their price objective on Lincoln Educational Services from $16.00 to $20.00 and gave the stock an “outperform” rating in a research report on Monday, November 11th. Rosenblatt Securities upped their price target 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. B. Riley upped their price target on Lincoln Educational Services from $15.00 to $20.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Finally, StockNews.com lowered Lincoln Educational Services from a “buy” rating to a “hold” rating in a research report on Wednesday, October 9th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat, Lincoln Educational Services has an average rating of “Moderate Buy” and an average price target of $18.00.

Institutional Trading of Lincoln Educational Services

A number of institutional investors have recently modified their holdings of the business. Gladius Capital Management LP bought a new stake in Lincoln Educational Services during the 2nd quarter worth approximately $33,000. SG Americas Securities LLC bought a new stake in Lincoln Educational Services during the 3rd quarter worth approximately $121,000. The Manufacturers Life Insurance Company bought a new stake in Lincoln Educational Services during the 2nd quarter worth approximately $123,000. Janus Henderson Group PLC bought a new stake in Lincoln Educational Services during the 3rd quarter worth approximately $144,000. Finally, Barclays PLC increased its holdings in Lincoln Educational Services by 259.0% during the 3rd quarter. Barclays PLC now owns 34,220 shares of the company’s stock worth $408,000 after acquiring an additional 24,688 shares during the period. 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.