Private Advisor Group LLC lifted its position in Lincoln Educational Services Corporation (NASDAQ:LINC – Free Report) by 7.7% in the first quarter, Holdings Channel.com reports. The institutional investor owned 126,527 shares of the company’s stock after buying an additional 9,081 shares during the period. Private Advisor Group LLC’s holdings in Lincoln Educational Services were worth $5,147,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Lincoln Educational Services by 3.7% in the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,235 shares of the company’s stock worth $374,000 after acquiring an additional 578 shares in the last quarter. Intech Investment Management LLC grew its position in shares of Lincoln Educational Services by 6.5% in the 4th quarter. Intech Investment Management LLC now owns 9,641 shares of the company’s stock valued at $233,000 after purchasing an additional 586 shares during the period. Empowered Funds LLC increased its stake in Lincoln Educational Services by 1.9% during the 1st quarter. Empowered Funds LLC now owns 47,648 shares of the company’s stock worth $756,000 after purchasing an additional 879 shares in the last quarter. Franklin Resources Inc. raised its holdings in Lincoln Educational Services by 4.9% during the 3rd quarter. Franklin Resources Inc. now owns 19,873 shares of the company’s stock worth $467,000 after buying an additional 937 shares during the period. Finally, Steadtrust LLC raised its holdings in Lincoln Educational Services by 3.4% during the 4th quarter. Steadtrust LLC now owns 30,340 shares of the company’s stock worth $733,000 after buying an additional 1,000 shares during the period. 72.23% of the stock is currently owned by institutional investors.
Insider Buying and Selling at Lincoln Educational Services
In other news, Director Kevin M. Carney sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $48.00, for a total value of $144,000.00. Following the completion of the transaction, the director owned 25,039 shares in the company, valued at $1,201,872. This trade represents a 10.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James J. Burke, Jr. sold 16,000 shares of Lincoln Educational Services stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $49.54, for a total value of $792,640.00. Following the completion of the sale, the director directly owned 60,005 shares in the company, valued at approximately $2,972,647.70. This represents a 21.05% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 95,070 shares of company stock valued at $4,617,457. Corporate insiders own 12.80% of the company’s stock.
Lincoln Educational Services Stock Performance
Lincoln Educational Services (NASDAQ:LINC – Get Free Report) last released its earnings results on Monday, May 11th. The company reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.04 by $0.10. The business had revenue of $143.96 million during the quarter, compared to the consensus estimate of $135.66 million. Lincoln Educational Services had a net margin of 4.11% and a return on equity of 15.25%. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. Equities research analysts expect that Lincoln Educational Services Corporation will post 0.78 EPS for the current fiscal year.
Analysts Set New Price Targets
LINC has been the subject of several research reports. Lake Street Capital reissued a “buy” rating and set a $55.00 price objective on shares of Lincoln Educational Services in a research report on Tuesday, May 12th. Weiss Ratings lowered shares of Lincoln Educational Services from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 8th. Northland Securities set a $60.00 target price on Lincoln Educational Services in a report on Thursday, May 28th. Rosenblatt Securities reissued a “buy” rating and issued a $60.00 price target on shares of Lincoln Educational Services in a research note on Thursday, June 11th. Finally, B. Riley Financial boosted their price target on Lincoln Educational Services from $46.00 to $56.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Lincoln Educational Services has an average rating of “Moderate Buy” and a consensus target price of $54.17.
Read Our Latest Stock Report on LINC
Lincoln Educational Services Profile
Lincoln Educational Services Corporation is a publicly traded provider of career-focused post-secondary vocational education in the United States. Operating under the Lincoln Tech and Lincoln Culinary Institute brands, the company delivers hands-on technical instruction across high-growth industries. Its mission centers on equipping students with practical skills and industry credentials designed to meet employer needs.
The company’s program offerings span automotive technology, skilled trades, health sciences, information technology, culinary arts and public safety.
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