Key Points
- Director James Burke, Jr. sold 16,000 shares of Lincoln Educational Services at $49.54 each, totaling $792,640. After the sale, he still held 60,005 shares, reducing his ownership by about 21%.
- Lincoln Educational Services reported stronger-than-expected quarterly results, posting EPS of $0.14 versus the $0.04 estimate and revenue of $143.96 million versus $135.66 million expected. The company also raised FY2026 guidance to $0.74-$0.83 EPS.
- Wall Street sentiment remains bullish, with five analysts rating the stock a Buy and one a Hold. The consensus target price is $52.50, and several firms recently lifted their price targets to as high as $60.
Lincoln Educational Services Corporation (NASDAQ:LINC - Get Free Report) Director James Burke, Jr. sold 16,000 shares of the firm's 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 approximately $2,972,647.70. This trade represents a 21.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.
Lincoln Educational Services Stock Performance
Shares of NASDAQ:LINC opened at $49.45 on Tuesday. The firm has a market cap of $1.57 billion, a PE ratio of 69.65, a price-to-earnings-growth ratio of 4.18 and a beta of 0.77. The firm's 50 day simple moving average is $41.44 and its 200-day simple moving average is $30.77. Lincoln Educational Services Corporation has a one year low of $17.29 and a one year high of $53.50. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.80 and a current ratio of 0.83.
Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last announced its quarterly earnings results on Monday, May 11th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.04 by $0.10. The firm had revenue of $143.96 million for the quarter, compared to analyst estimates of $135.66 million. Lincoln Educational Services had a return on equity of 15.25% and a net margin of 4.11%.Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. As a group, equities analysts predict that Lincoln Educational Services Corporation will post 0.78 EPS for the current year.
Hedge Funds Weigh In On Lincoln Educational Services
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its stake in Lincoln Educational Services by 3.6% in the third quarter. Vanguard Group Inc. now owns 1,682,345 shares of the company's stock valued at $39,535,000 after purchasing an additional 58,582 shares during the last quarter. Alyeska Investment Group L.P. grew its stake in Lincoln Educational Services by 12.2% in the fourth quarter. Alyeska Investment Group L.P. now owns 1,626,623 shares of the company's stock valued at $39,283,000 after purchasing an additional 177,018 shares during the last quarter. Wasatch Advisors LP grew its stake in Lincoln Educational Services by 4.8% in the third quarter. Wasatch Advisors LP now owns 1,168,375 shares of the company's stock valued at $27,457,000 after purchasing an additional 53,281 shares during the last quarter. Needham Investment Management LLC grew its stake in Lincoln Educational Services by 30.1% in the fourth quarter. Needham Investment Management LLC now owns 1,125,000 shares of the company's stock valued at $27,169,000 after purchasing an additional 260,000 shares during the last quarter. Finally, Next Century Growth Investors LLC grew its stake in Lincoln Educational Services by 4.1% in the fourth quarter. Next Century Growth Investors LLC now owns 791,271 shares of the company's stock valued at $19,109,000 after purchasing an additional 31,370 shares during the last quarter. Hedge funds and other institutional investors own 72.23% of the company's stock.
Analysts Set New Price Targets
Several equities analysts have recently commented on the company. Rosenblatt Securities raised their price target on Lincoln Educational Services from $45.00 to $60.00 and gave the company a "buy" rating in a research note on Tuesday, May 12th. B. Riley Financial raised 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. Northland Securities set a $50.00 price objective on shares of Lincoln Educational Services in a report on Tuesday, May 12th. Lake Street Capital reissued a "buy" rating and set a $55.00 price objective on shares of Lincoln Educational Services in a report on Tuesday, May 12th. Finally, Barrington Research lifted their price objective 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. Five analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $52.50.
Check Out Our Latest Report on Lincoln Educational Services
Lincoln Educational Services Company Profile
(
Get 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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
