Lincoln Educational Services Co. (NASDAQ:LINC) Major Shareholder Sells $120,093.78 in Stock

Lincoln Educational Services Co. (NASDAQ:LINC) major shareholder Juniper Investment Company, Ll sold 7,123 shares of Lincoln Educational Services stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $16.86, for a total transaction of $120,093.78. Following the transaction, the insider now owns 867,017 shares of the company’s stock, valued at $14,617,906.62. The trade was a 0.81 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Juniper Investment Company, Ll also recently made the following trade(s):

• On Monday, August 19th, Juniper Investment Company, Ll sold 2,270 shares of Lincoln Educational Services stock. The shares were sold at an average price of $12.04, for a total value of $27,330.80.

Lincoln Educational Services Trading Down 1.5 %

Shares of NASDAQ:LINC opened at $15.19 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.57 and a quick ratio of 1.75. Lincoln Educational Services Co. has a 1 year low of $8.78 and a 1 year high of $18.74. The company has a market cap of $478.18 million, a P/E ratio of 47.47, a PEG ratio of 2.01 and a beta of 1.41. The stock’s fifty day moving average price is $12.94 and its 200-day moving average price is $12.31.

Lincoln Educational Services (NASDAQ:LINC) last posted its earnings results on Monday, November 11th. The company reported $0.13 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.01). The company had revenue of $114.41 million for the quarter, compared to the consensus estimate of $111.05 million. Lincoln Educational Services had a net margin of 2.33% and a return on equity of 10.60%. During the same quarter in the prior year, the company posted $0.11 EPS. Sell-side analysts expect that Lincoln Educational Services Co. will post 0.54 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have commented on LINC. Rosenblatt Securities boosted their target price on Lincoln Educational Services from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Friday, August 9th. StockNews.com cut shares of Lincoln Educational Services from a “buy” rating to a “hold” rating in a research note on Wednesday, October 9th. B. Riley raised their price objective 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 upped their target price on shares of Lincoln Educational Services from $16.00 to $20.00 and gave the stock an “outperform” rating in a research note on Monday, November 11th. One analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $18.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Gladius Capital Management LP purchased a new stake in Lincoln Educational Services during the 2nd quarter valued at $33,000. SG Americas Securities LLC purchased a new position in shares of Lincoln Educational Services in the 3rd quarter worth $121,000. The Manufacturers Life Insurance Company bought a new stake in shares of Lincoln Educational Services in the second quarter worth $123,000. BNP Paribas Financial Markets increased its position in Lincoln Educational Services by 60.2% during the first quarter. BNP Paribas Financial Markets now owns 11,218 shares of the company’s stock valued at $116,000 after acquiring an additional 4,217 shares during the last quarter. Finally, Janus Henderson Group PLC bought a new position in Lincoln Educational Services in the third quarter valued at about $144,000. Institutional investors own 72.23% of the company’s stock.

About Lincoln Educational Services

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.