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 dated Monday, November 25th. The stock was sold at an average price of $16.52, for a total value of $578,150.44. Following the transaction, the insider now directly owns 669,926 shares in the company, valued at $11,067,177.52. The trade was a 4.96 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Large shareholders that own more than 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 Wednesday, November 27th, Juniper Investment Company, Ll sold 60,000 shares of Lincoln Educational Services stock. The stock was sold at an average price of $16.62, for a total value of $997,200.00.
• 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 Price Performance

LINC stock opened at $16.43 on Friday. 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 company’s 50-day moving average is $13.68 and its 200-day moving average is $12.61. The stock has a market capitalization of $517.22 million, a PE ratio of 51.35, a price-to-earnings-growth ratio of 2.04 and a beta of 1.41. Lincoln Educational Services Co. has a 1 year low of $8.78 and a 1 year high of $18.74.

Lincoln Educational Services (NASDAQ:LINC) last announced 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). Lincoln Educational Services had a net margin of 2.33% and a return on equity of 10.60%. The firm had revenue of $114.41 million during the quarter, compared to analyst estimates of $111.05 million. During the same period last year, the business posted $0.11 EPS. Equities research analysts expect that Lincoln Educational Services Co. will post 0.54 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of LINC. Vanguard Group Inc. increased its position in shares of 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 acquiring an additional 136,334 shares in the last quarter. Gladius Capital Management LP bought a new stake in Lincoln Educational Services during the 2nd quarter worth approximately $33,000. Secure Asset Management LLC purchased a new stake in shares of Lincoln Educational Services in the second quarter worth approximately $612,000. Calamos Advisors LLC purchased a new position in shares of Lincoln Educational Services during the second quarter valued at approximately $576,000. Finally, Bank of New York Mellon Corp boosted its position in shares of Lincoln Educational Services by 19.5% during the second quarter. Bank of New York Mellon Corp now owns 97,580 shares of the company’s stock valued at $1,157,000 after buying an additional 15,920 shares during the last quarter. Institutional investors and hedge funds own 72.23% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Rosenblatt Securities upped their price objective on shares of Lincoln Educational Services from $15.00 to $17.00 and gave the company a “buy” rating in a research note on Friday, August 9th. StockNews.com downgraded Lincoln Educational Services from a “buy” rating to a “hold” rating in a report on Wednesday, October 9th. Barrington Research upped their target price 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 lifted their target price on Lincoln Educational Services from $15.00 to $20.00 and gave the stock a “buy” rating in a 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’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target 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.