Legato Capital Management LLC Purchases 10,926 Shares of Lincoln Educational Services Corporation $LINC

Legato Capital Management LLC boosted its position in shares of Lincoln Educational Services Corporation (NASDAQ:LINCFree Report) by 9.5% in the 4th quarter, HoldingsChannel reports. The firm owned 125,399 shares of the company’s stock after buying an additional 10,926 shares during the period. Legato Capital Management LLC’s holdings in Lincoln Educational Services were worth $3,028,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. State of Alaska Department of Revenue bought a new position in Lincoln Educational Services during the 3rd quarter valued at about $35,000. State of Wyoming bought a new position in Lincoln Educational Services during the 3rd quarter valued at about $54,000. Strs Ohio bought a new position in Lincoln Educational Services during the 1st quarter valued at about $48,000. Raymond James Financial Inc. bought a new position in Lincoln Educational Services during the 2nd quarter valued at about $116,000. Finally, Tower Research Capital LLC TRC lifted its holdings in Lincoln Educational Services by 1,081.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,681 shares of the company’s stock valued at $131,000 after purchasing an additional 5,200 shares during the last quarter. 72.23% of the stock is owned by institutional investors.

Insider Activity at Lincoln Educational Services

In other news, COO Chad D. Nyce sold 8,450 shares of Lincoln Educational Services stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $36.50, for a total transaction of $308,425.00. Following the completion of the sale, the chief operating officer owned 174,206 shares in the company, valued at $6,358,519. The trade was a 4.63% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director James J. Burke, Jr. sold 16,000 shares of Lincoln Educational Services stock in a transaction that occurred on Monday, May 18th. The stock was sold at an average price of $49.54, for a total transaction of $792,640.00. Following the transaction, the director directly owned 60,005 shares in the company, valued at $2,972,647.70. The trade was a 21.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 514,928 shares of company stock worth $18,867,072 over the last 90 days. Insiders own 12.80% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on LINC shares. Barrington Research lifted their price target on shares of Lincoln Educational Services from $45.00 to $56.00 and gave the company an “outperform” rating in a report on Tuesday, May 12th. Lake Street Capital reissued a “buy” rating and set a $55.00 price target on shares of Lincoln Educational Services in a report on Tuesday, May 12th. Rosenblatt Securities raised their price objective on shares of Lincoln Educational Services from $45.00 to $60.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. Griffin Securities set a $38.00 price objective on shares of Lincoln Educational Services in a research report on Tuesday, February 24th. Finally, Weiss Ratings cut shares of Lincoln Educational Services from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 8th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Lincoln Educational Services presently has an average rating of “Moderate Buy” and an average price target of $52.50.

View Our Latest Stock Report on LINC

Lincoln Educational Services Stock Up 3.3%

Shares of NASDAQ:LINC opened at $48.40 on Friday. Lincoln Educational Services Corporation has a one year low of $17.29 and a one year high of $53.50. The company has a 50 day moving average of $42.34 and a 200-day moving average of $31.45. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.83 and a quick ratio of 0.80. The stock has a market cap of $1.54 billion, a price-to-earnings ratio of 68.17, a P/E/G ratio of 3.99 and a beta of 0.77.

Lincoln Educational Services (NASDAQ:LINCGet Free Report) last issued its quarterly earnings results on Monday, May 11th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.04 by $0.10. Lincoln Educational Services had a net margin of 4.11% and a return on equity of 15.25%. The company had revenue of $143.96 million during the quarter, compared to analysts’ expectations of $135.66 million. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. On average, sell-side analysts forecast that Lincoln Educational Services Corporation will post 0.78 earnings per share for the current year.

About Lincoln Educational Services

(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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