Heartland Advisors Inc. acquired a new position in Lincoln Educational Services Corporation (NASDAQ:LINC – Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 100,000 shares of the company’s stock, valued at approximately $4,990,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in LINC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Lincoln Educational Services by 3.7% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,235 shares of the company’s stock valued at $374,000 after purchasing an additional 578 shares during the period. Intech Investment Management LLC boosted its position in shares of Lincoln Educational Services by 6.5% in the fourth quarter. Intech Investment Management LLC now owns 9,641 shares of the company’s stock worth $233,000 after buying an additional 586 shares during the period. Global Retirement Partners LLC acquired a new stake in shares of Lincoln Educational Services in the second quarter worth $32,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Lincoln Educational Services during the second quarter valued at $40,000. Finally, Empowered Funds LLC raised its position in Lincoln Educational Services by 1.9% during the first quarter. Empowered Funds LLC now owns 47,648 shares of the company’s stock valued at $756,000 after buying an additional 879 shares during the period. 72.23% of the stock is currently owned by hedge funds and other institutional investors.
Insider Buying and Selling at Lincoln Educational Services
In other Lincoln Educational Services news, SVP Alexandra M. Luster sold 18,007 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was 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 of the company’s stock, valued at $3,676,371.84. The trade was a 17.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Kevin M. Carney sold 3,000 shares of the stock in a transaction dated 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 in the company, valued at approximately $1,201,872. This represents a 10.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 23,000 shares of company stock worth $1,047,702 over the last three months. Company 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 quarterly earnings results on Monday, August 10th. The company reported $0.06 earnings per share for the quarter. Lincoln Educational Services had a net margin of 3.99% and a return on equity of 14.47%. The business had revenue of $142.56 million for 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. As a group, equities analysts anticipate that Lincoln Educational Services Corporation will post 0.78 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on the company. Northland Securities set a $60.00 price objective on Lincoln Educational Services in a research note on Thursday, May 28th. Rosenblatt Securities reduced their price target on shares of Lincoln Educational Services from $60.00 to $50.00 and set a “buy” rating for the company in a research report on Tuesday, August 11th. Weiss Ratings cut shares of Lincoln Educational Services from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, August 3rd. Barrington Research set a $50.00 price objective on shares of Lincoln Educational Services in a research report on Monday, August 10th. Finally, B. Riley Financial increased their target price 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. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $50.67.
Read Our Latest Analysis on Lincoln Educational Services
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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