Lincoln Educational Services Co. (NASDAQ:LINC - Get Free Report) major shareholder Juniper Investment Company, Ll sold 15,827 shares of the business's stock in a transaction on Thursday, December 5th. The stock was sold at an average price of $16.12, for a total transaction of $255,131.24. Following the completion of the sale, the insider now owns 546,833 shares of the company's stock, valued at $8,814,947.96. The trade was a 2.81 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Major shareholders that own more than 10% of a company's stock are required to disclose their transactions with the SEC.
Juniper Investment Company, Ll also recently made the following trade(s):
- On Monday, December 9th, Juniper Investment Company, Ll sold 61,289 shares of Lincoln Educational Services stock. The stock was sold at an average price of $16.19, for a total transaction of $992,268.91.
- On Wednesday, November 27th, Juniper Investment Company, Ll sold 60,000 shares of Lincoln Educational Services stock. The shares were sold at an average price of $16.62, for a total value of $997,200.00.
- On Monday, November 25th, Juniper Investment Company, Ll sold 34,997 shares of Lincoln Educational Services stock. The stock was sold at an average price of $16.52, for a total value of $578,150.44.
- On Wednesday, November 13th, Juniper Investment Company, Ll sold 7,123 shares of Lincoln Educational Services stock. The shares were sold at an average price of $16.86, for a total value of $120,093.78.
Lincoln Educational Services Price Performance
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Shares of LINC stock opened at $16.09 on Tuesday. Lincoln Educational Services Co. has a 12 month low of $8.78 and a 12 month high of $18.74. The company has a market capitalization of $506.51 million, a P/E ratio of 50.28, a P/E/G ratio of 2.01 and a beta of 1.47. The stock has a 50 day moving average of $14.18 and a two-hundred day moving average of $12.80. The company has a current ratio of 1.57, a quick ratio of 1.53 and a debt-to-equity ratio of 0.17.
Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last issued its earnings results on Monday, November 11th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.14 by ($0.01). The firm had revenue of $114.41 million during the quarter, compared to the consensus estimate of $111.05 million. Lincoln Educational Services had a return on equity of 10.60% and a net margin of 2.33%. During the same period last year, the business earned $0.11 earnings per share. As a group, equities analysts expect that Lincoln Educational Services Co. will post 0.54 EPS for the current year.
Institutional Trading of Lincoln Educational Services
Institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. raised its position in Lincoln Educational Services by 11.3% in the first quarter. Vanguard Group Inc. now owns 1,343,181 shares of the company's stock worth $13,875,000 after purchasing an additional 136,334 shares in the last quarter. Gladius Capital Management LP acquired a new position in shares of Lincoln Educational Services in the 2nd quarter worth approximately $33,000. Secure Asset Management LLC bought a new position in shares of Lincoln Educational Services during the 2nd quarter worth approximately $612,000. Calamos Advisors LLC acquired a new stake in Lincoln Educational Services in the 2nd quarter valued at $576,000. Finally, Bank of New York Mellon Corp grew its position in Lincoln Educational Services by 19.5% in the second quarter. Bank of New York Mellon Corp now owns 97,580 shares of the company's stock valued at $1,157,000 after acquiring an additional 15,920 shares during the period. 72.23% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on the company. StockNews.com lowered Lincoln Educational Services from a "buy" rating to a "hold" rating in a report on Wednesday, October 9th. B. Riley upped their target price on shares of Lincoln Educational Services from $15.00 to $20.00 and gave the company a "buy" rating in a research note on Thursday, November 7th. Finally, Barrington Research increased their price target on shares of Lincoln Educational Services from $16.00 to $20.00 and gave the company an "outperform" rating in a report on Monday, November 11th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, Lincoln Educational Services has a consensus rating of "Moderate Buy" and an average target price of $18.00.
Read Our Latest Stock Analysis on LINC
Lincoln Educational Services Company Profile
(
Get Free Report)
Lincoln Educational Services Corporation, together with its subsidiaries, provides various career-oriented post-secondary education services to high school graduates and working adults in the United States. The company operates in two segments, Campus Operations and Transitional. It offers associate's degree, and diploma and certificate programs in automotive technology; skilled trades programs, including electrical, heating and air conditioning repair, welding, computerized numerical control, and electrical and electronic systems technology; health science programs comprising licensed practical nurse, registered nurse, dental assistant, medical assistant, medical administrative assistant, and claims examiner; hospitality service and information technology programs, such as culinary, therapeutic massage, cosmetology, aesthetics, and computer systems support technicians.
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