Lincoln Educational Services Co. (NASDAQ:LINC) EVP Sells $164,620.50 in Stock

Lincoln Educational Services Co. (NASDAQ:LINC) EVP Chad D. Nyce sold 9,977 shares of the company’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $16.50, for a total transaction of $164,620.50. Following the transaction, the executive vice president now owns 144,669 shares in the company, valued at approximately $2,387,038.50. This trade represents a 6.45 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Lincoln Educational Services Price Performance

LINC opened at $16.43 on Friday. Lincoln Educational Services Co. has a 52 week low of $8.78 and a 52 week high of $18.74. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.53 and a current ratio of 1.57. The firm has a market capitalization of $517.22 million, a PE ratio of 51.35, a P/E/G ratio of 2.04 and a beta of 1.41. The company has a fifty day moving average price of $13.68 and a two-hundred day moving average price of $12.61.

Lincoln Educational Services (NASDAQ:LINC) last released 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 company had revenue of $114.41 million during the quarter, compared to the consensus estimate of $111.05 million. During the same quarter in the prior year, the company posted $0.11 EPS. As a group, analysts anticipate that Lincoln Educational Services Co. will post 0.54 earnings per share for the current year.

Institutional Trading of Lincoln Educational Services

Hedge funds have recently modified their holdings of the company. Gladius Capital Management LP bought a new stake in Lincoln Educational Services in the second quarter valued at approximately $33,000. SG Americas Securities LLC bought a new position in shares of Lincoln Educational Services during the third quarter worth $121,000. The Manufacturers Life Insurance Company acquired a new position in shares of Lincoln Educational Services in the 2nd quarter valued at $123,000. Janus Henderson Group PLC bought a new stake in shares of Lincoln Educational Services in the 3rd quarter valued at $144,000. Finally, Barclays PLC raised its stake 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 buying an additional 24,688 shares during the period. 72.23% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

LINC has been the topic of a number of research reports. Rosenblatt Securities upped their target price on shares of Lincoln Educational Services from $15.00 to $17.00 and gave the stock a “buy” rating in a research report 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 lifted their target price 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, 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 note on Thursday, November 7th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus 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.