Punch & Associates Investment Management Inc. purchased a new position in Lincoln Educational Services Corporation (NASDAQ:LINC – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 200,550 shares of the company’s stock, valued at approximately $10,007,000. Punch & Associates Investment Management Inc. owned approximately 0.63% of Lincoln Educational Services at the end of the most recent reporting period.
A number of other hedge funds also recently modified their holdings of the business. Pillsbury Lake Capital LLC bought a new position in shares of Lincoln Educational Services during the 2nd quarter valued at about $17,773,731,000. Bank of America Corp DE bought a new stake in Lincoln Educational Services during the 2nd quarter worth approximately $9,506,000. Freestone Grove Partners LP bought a new stake in Lincoln Educational Services during the 2nd quarter worth approximately $88,000. Jupiter Topco LLC acquired a new stake in Lincoln Educational Services during the 2nd quarter worth approximately $514,000. Finally, Hsbc Holdings PLC acquired a new stake in Lincoln Educational Services during the 2nd quarter worth approximately $1,688,000. Institutional investors and hedge funds own 72.23% of the company’s stock.
Insider Buying and Selling at Lincoln Educational Services
In other Lincoln Educational Services news, Director Kevin M. Carney sold 3,000 shares of Lincoln Educational Services stock in a transaction 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 sale, the director directly owned 25,039 shares in the company, valued at approximately $1,201,872. The trade was a 10.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, 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 transaction of $803,832.48. Following the sale, the senior vice president directly 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 SEC filing for this sale provides additional information. Insiders sold a total of 23,000 shares of company stock worth $1,047,702 over the last quarter. Company insiders own 12.80% of the company’s stock.
Lincoln Educational Services Price Performance
Lincoln Educational Services (NASDAQ:LINC – Get Free Report) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.06 EPS 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 analyst estimates of $139.49 million. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. As a group, equities research analysts forecast that Lincoln Educational Services Corporation will post 0.78 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on LINC. 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. Rosenblatt Securities reduced their target price on shares of Lincoln Educational Services from $60.00 to $50.00 and set a “buy” rating for the company in a research note on Tuesday, August 11th. Lake Street Capital lowered their target price on Lincoln Educational Services from $55.00 to $50.00 and set a “buy” rating for the company in a report on Tuesday, August 11th. B. Riley Financial lifted their price target on Lincoln Educational Services from $46.00 to $56.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Finally, Barrington Research set a $50.00 price target on Lincoln Educational Services in a report on Monday, August 10th. Four equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $50.67.
Check Out Our Latest Stock Analysis on LINC
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.
See Also
- Five stocks we like better than Lincoln Educational Services
- Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise
- Alcoa’s Gallium Project Opens a New Door Beyond Aluminum
- Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech
- Can Tesla’s Flying Roadster Distract From Its Real Risks?
Want to see what other hedge funds are holding LINC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lincoln Educational Services Corporation (NASDAQ:LINC – Free Report).
Receive News & Ratings for Lincoln Educational Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lincoln Educational Services and related companies with MarketBeat.com's FREE daily email newsletter.
