Rice Hall James & Associates LLC Takes $4.97 Million Position in Lincoln Educational Services Corporation $LINC

Rice Hall James & Associates LLC acquired a new position in Lincoln Educational Services Corporation (NASDAQ:LINCFree Report) during the second quarter, Holdings Channel reports. The institutional investor acquired 99,593 shares of the company’s stock, valued at approximately $4,970,000.

Other large investors have also made changes to their positions in the company. Global Retirement Partners LLC bought a new stake in Lincoln Educational Services during the 2nd quarter valued at approximately $32,000. Royal Bank of Canada grew its holdings in Lincoln Educational Services by 246.7% in the 4th quarter. Royal Bank of Canada now owns 1,536 shares of the company’s stock valued at $38,000 after buying an additional 1,093 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Lincoln Educational Services in the 2nd quarter worth approximately $40,000. Strs Ohio bought a new position in Lincoln Educational Services in the 1st quarter worth approximately $48,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Lincoln Educational Services by 383.3% during the first quarter. EverSource Wealth Advisors LLC now owns 2,436 shares of the company’s stock worth $99,000 after buying an additional 1,932 shares during the last quarter. Institutional investors and hedge funds own 72.23% of the company’s stock.

Analysts Set New Price Targets

LINC has been the topic of several research analyst reports. Barrington Research set a $50.00 price objective on shares of Lincoln Educational Services in a research note on Monday, August 10th. B. Riley Financial raised their price target on shares of Lincoln Educational Services from $46.00 to $56.00 and gave the stock a “buy” rating in a research report on Tuesday, May 12th. Lake Street Capital decreased their price target on shares of Lincoln Educational Services from $55.00 to $50.00 and set a “buy” rating on the stock in a research report on Tuesday, August 11th. Northland Securities set a $60.00 price objective on shares of Lincoln Educational Services in a report on Thursday, May 28th. Finally, Rosenblatt Securities lowered their price target on Lincoln Educational Services from $60.00 to $50.00 and set a “buy” rating on the stock in a research note on Tuesday, August 11th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $50.67.

Read Our Latest Report on Lincoln Educational Services

Insider Transactions at Lincoln Educational Services

In related news, Director James J. Burke, Jr. sold 15,807 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $48.36, for a total value of $764,426.52. Following the sale, the director owned 44,198 shares of the company’s stock, valued at $2,137,415.28. The trade was a 26.34% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Alexandra M. Luster sold 18,007 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $44.64, for a total value of $803,832.48. Following the completion of the sale, the senior vice president owned 82,356 shares in the company, valued at $3,676,371.84. This trade represents a 17.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 38,807 shares of company stock valued at $1,812,128. Corporate insiders own 12.80% of the company’s stock.

Lincoln Educational Services Stock Performance

NASDAQ LINC opened at $28.72 on Tuesday. The stock has a market cap of $911.03 million, a P/E ratio of 39.89, a PEG ratio of 2.56 and a beta of 0.83. The company’s 50-day simple moving average is $44.72 and its 200 day simple moving average is $41.19. Lincoln Educational Services Corporation has a twelve month low of $17.29 and a twelve month high of $56.34. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 0.28.

Lincoln Educational Services (NASDAQ:LINCGet Free Report) last posted its quarterly earnings results on Monday, August 10th. The company reported $0.06 earnings per share (EPS) for the quarter. The firm had revenue of $142.56 million during the quarter, compared to analyst estimates of $139.49 million. Lincoln Educational Services had a net margin of 3.99% and a return on equity of 14.47%. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. As a group, research analysts forecast that Lincoln Educational Services Corporation will post 0.78 earnings per share for the current fiscal year.

Lincoln Educational Services Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Lincoln Educational Services (NASDAQ:LINC)

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