Journey Advisory Group LLC cut its position in Lincoln Educational Services Corporation (NASDAQ:LINC – Free Report) by 38.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 155,343 shares of the company’s stock after selling 96,411 shares during the quarter. Journey Advisory Group LLC’s holdings in Lincoln Educational Services were worth $6,319,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also recently bought and sold shares of the company. Royal Bank of Canada increased its holdings in shares of Lincoln Educational Services by 246.7% in the fourth quarter. Royal Bank of Canada now owns 1,536 shares of the company’s stock worth $38,000 after purchasing an additional 1,093 shares during the period. Strs Ohio bought a new stake in Lincoln Educational Services during the first quarter valued at $48,000. Raymond James Financial Inc. purchased a new position in Lincoln Educational Services during the second quarter worth about $116,000. Tower Research Capital LLC TRC grew its position in Lincoln Educational Services by 1,081.1% during the second quarter. Tower Research Capital LLC TRC now owns 5,681 shares of the company’s stock worth $131,000 after buying an additional 5,200 shares in the last quarter. Finally, Legal & General Group Plc increased its stake in Lincoln Educational Services by 156.1% in the 2nd quarter. Legal & General Group Plc now owns 5,740 shares of the company’s stock worth $132,000 after acquiring an additional 3,499 shares during the last quarter. 72.23% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several research firms have weighed in on LINC. B. Riley Financial raised 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. Rosenblatt Securities reissued a “buy” rating and set a $60.00 price objective on shares of Lincoln Educational Services in a report on Thursday, June 11th. Weiss Ratings cut shares of Lincoln Educational Services from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 8th. Northland Securities set a $60.00 target price on shares of Lincoln Educational Services in a research report on Thursday, May 28th. Finally, Barrington Research increased their price target on shares of Lincoln Educational Services from $45.00 to $56.00 and gave the stock an “outperform” 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 company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $54.17.
Insider Activity
In related news, Director James J. Burke, Jr. sold 15,807 shares of the business’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $48.36, for a total transaction of $764,426.52. Following the transaction, the director owned 44,198 shares in the company, valued at $2,137,415.28. The trade was a 26.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Kevin M. Carney sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $48.00, for a total value of $144,000.00. Following the transaction, the director directly owned 25,039 shares of the company’s stock, valued at $1,201,872. The trade was a 10.70% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 95,070 shares of company stock valued at $4,617,457. Company insiders own 12.80% of the company’s stock.
Lincoln Educational Services Price Performance
Shares of Lincoln Educational Services stock opened at $44.52 on Thursday. The company has a fifty day moving average of $49.18 and a 200-day moving average of $39.03. Lincoln Educational Services Corporation has a 52-week low of $17.29 and a 52-week high of $56.34. The stock has a market capitalization of $1.41 billion, a price-to-earnings ratio of 62.70, a price-to-earnings-growth ratio of 4.55 and a beta of 0.79. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.80 and a current ratio of 0.83.
Lincoln Educational Services (NASDAQ:LINC – Get Free Report) last issued its earnings results on Monday, May 11th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.10. Lincoln Educational Services had a net margin of 4.11% and a return on equity of 15.25%. The firm had revenue of $143.96 million for the quarter, compared to analysts’ expectations of $135.66 million. 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 year.
Lincoln Educational Services Company 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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