Insider Selling: Lincoln Educational Services Co. (NASDAQ:LINC) Major Shareholder Sells 15,827 Shares of Stock

Lincoln Educational Services Co. (NASDAQ:LINC) major shareholder Juniper Investment Company, Ll sold 15,827 shares of the firm’s stock in a transaction that occurred on Thursday, December 5th. The stock was sold at an average price of $16.12, for a total value of $255,131.24. Following the transaction, the insider now owns 546,833 shares in the company, valued at approximately $8,814,947.96. The trade was a 2.81 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own at least 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 shares were sold at an average price of $16.19, for a total value of $992,268.91.
• On Wednesday, November 27th, Juniper Investment Company, Ll sold 60,000 shares of Lincoln Educational Services stock. The stock was sold at an average price of $16.62, for a total transaction of $997,200.00.
• On Monday, November 25th, Juniper Investment Company, Ll sold 34,997 shares of Lincoln Educational Services stock. The shares were sold at an average price of $16.52, for a total transaction of $578,150.44.
• On Wednesday, November 13th, Juniper Investment Company, Ll sold 7,123 shares of Lincoln Educational Services stock. The stock was sold at an average price of $16.86, for a total transaction of $120,093.78.

Lincoln Educational Services Trading Down 1.1 %

Shares of NASDAQ LINC traded down $0.18 during midday trading on Monday, hitting $16.09. 171,488 shares of the company traded hands, compared to its average volume of 111,035. Lincoln Educational Services Co. has a 12-month low of $8.78 and a 12-month high of $18.74. The firm has a market cap 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 price of $14.10 and a 200 day moving average price of $12.77. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.53 and a current ratio of 1.57.

Lincoln Educational Services (NASDAQ:LINC) last posted its earnings results on Monday, November 11th. The company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.01). The firm had revenue of $114.41 million for the quarter, compared to analysts’ expectations 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 quarter last year, the company posted $0.11 EPS. As a group, analysts expect that Lincoln Educational Services Co. will post 0.54 earnings per share for the current year.

Hedge Funds Weigh In On Lincoln Educational Services

A number of institutional investors have recently added to or reduced their stakes in LINC. Gladius Capital Management LP bought a new stake in shares of Lincoln Educational Services during the 2nd quarter valued at $33,000. SG Americas Securities LLC purchased a new position in Lincoln Educational Services during the 3rd quarter valued at about $121,000. The Manufacturers Life Insurance Company bought a new stake in Lincoln Educational Services during the second quarter worth about $123,000. Janus Henderson Group PLC purchased a new stake in Lincoln Educational Services in the third quarter worth about $144,000. Finally, Barclays PLC increased its stake in shares of Lincoln Educational Services by 259.0% during the third quarter. Barclays PLC now owns 34,220 shares of the company’s stock valued at $408,000 after purchasing an additional 24,688 shares in the last quarter. Institutional investors own 72.23% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. StockNews.com lowered shares of Lincoln Educational Services from a “buy” rating to a “hold” rating in a report on Wednesday, October 9th. Barrington Research increased their price objective on Lincoln Educational Services from $16.00 to $20.00 and gave the stock an “outperform” rating in a report on Monday, November 11th. Finally, B. Riley boosted their target price on Lincoln Educational Services from $15.00 to $20.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $18.00.

Lincoln Educational Services Company Profile

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.