Insider Selling: Lincoln Educational Services (NASDAQ:LINC) Director Sells $616,556.88 in Stock

Lincoln Educational Services Corporation (NASDAQ:LINCGet Free Report) Director Michael Plater sold 17,256 shares of the stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $35.73, for a total value of $616,556.88. Following the sale, the director owned 17,568 shares of the company’s stock, valued at approximately $627,704.64. This represents a 49.55% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Lincoln Educational Services Stock Down 2.9%

Shares of LINC stock opened at $35.95 on Thursday. The stock’s fifty day moving average price is $27.81 and its 200 day moving average price is $23.49. Lincoln Educational Services Corporation has a 1-year low of $14.10 and a 1-year high of $37.85. The company has a market cap of $1.14 billion, a price-to-earnings ratio of 57.06, a price-to-earnings-growth ratio of 3.53 and a beta of 0.92. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.86 and a quick ratio of 0.82.

Lincoln Educational Services (NASDAQ:LINCGet Free Report) last released its quarterly earnings results on Monday, February 23rd. The company reported $0.50 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.08. Lincoln Educational Services had a return on equity of 15.24% and a net margin of 3.86%.The company had revenue of $142.87 million during the quarter, compared to analysts’ expectations of $131.70 million. Lincoln Educational Services has set its FY 2026 guidance at 0.640-0.740 EPS. On average, research analysts expect that Lincoln Educational Services Corporation will post 0.54 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on LINC shares. Zacks Research cut shares of Lincoln Educational Services from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 10th. Barrington Research set a $38.00 price target on Lincoln Educational Services in a research report on Monday, February 23rd. B. Riley Financial lifted their price objective on Lincoln Educational Services from $33.00 to $38.00 and gave the company a “buy” rating in a research note on Tuesday, February 24th. Northland Securities set a $36.00 target price on Lincoln Educational Services in a research note on Tuesday, February 24th. Finally, Lake Street Capital raised their target price on Lincoln Educational Services from $26.00 to $35.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $37.33.

Read Our Latest Report on LINC

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. State of Alaska Department of Revenue purchased a new position in shares of Lincoln Educational Services during the 3rd quarter valued at approximately $35,000. Royal Bank of Canada raised its position in Lincoln Educational Services by 246.7% during the fourth quarter. Royal Bank of Canada now owns 1,536 shares of the company’s stock worth $38,000 after acquiring an additional 1,093 shares during the period. Strs Ohio purchased a new position in Lincoln Educational Services during the first quarter valued at $48,000. Stanley Laman Group Ltd. acquired a new stake in shares of Lincoln Educational Services in the third quarter valued at about $49,000. Finally, State of Wyoming acquired a new stake in shares of Lincoln Educational Services in the third quarter valued at about $54,000. 72.23% of the stock is owned by institutional investors and hedge funds.

Lincoln Educational Services Company Profile

(Get 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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Insider Buying and Selling by Quarter for Lincoln Educational Services (NASDAQ:LINC)

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