Punch & Associates Investment Management Inc. purchased a new position in shares of Lincoln Educational Services Corporation (NASDAQ:LINC – Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 200,550 shares of the company’s stock, valued at approximately $10,007,000.
Other institutional investors have also recently bought and sold shares of the company. AQR Capital Management LLC bought a new stake in Lincoln Educational Services in the first quarter valued at approximately $213,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Lincoln Educational Services by 4.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,657 shares of the company’s stock worth $248,000 after acquiring an additional 681 shares during the period. Empowered Funds LLC increased its holdings in shares of 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 acquiring an additional 879 shares during the last quarter. Strs Ohio acquired a new position in shares of Lincoln Educational Services during the 1st quarter worth approximately $48,000. Finally, Legal & General Group Plc increased its holdings in shares of Lincoln Educational Services by 156.1% during 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. Institutional investors and hedge funds own 72.23% of the company’s stock.
Insiders Place Their Bets
In other news, SVP Alexandra M. Luster sold 18,007 shares of Lincoln Educational Services stock in a transaction on Monday, June 15th. The stock was sold at an average price of $44.64, for a total transaction of $803,832.48. Following the completion of the sale, the senior vice president owned 82,356 shares of the company’s stock, valued at approximately $3,676,371.84. This trade represents a 17.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Kevin M. Carney sold 3,000 shares of the business’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $48.00, for a total transaction of $144,000.00. Following the completion of the sale, the director directly owned 25,039 shares of the company’s stock, valued at approximately $1,201,872. The trade was a 10.70% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 23,000 shares of company stock valued at $1,047,702 in the last three months. Insiders own 12.80% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on LINC
Lincoln Educational Services Price Performance
Shares of NASDAQ LINC opened at $25.61 on Thursday. The firm has a market cap of $812.37 million, a P/E ratio of 35.57, a price-to-earnings-growth ratio of 2.17 and a beta of 0.83. The business’s 50 day moving average is $41.86 and its 200-day moving average is $41.16. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 0.28. Lincoln Educational Services Corporation has a 1-year low of $17.29 and a 1-year high of $56.34.
Lincoln Educational Services (NASDAQ:LINC – Get Free Report) last released its quarterly earnings results on Monday, August 10th. The company reported $0.06 earnings per share (EPS) for the quarter. Lincoln Educational Services had a return on equity of 14.47% and a net margin of 3.99%.The business had revenue of $142.56 million during the quarter, compared to the consensus estimate of $139.49 million. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. Equities research analysts predict that Lincoln Educational Services Corporation will post 0.78 earnings per share 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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