James Burke, Jr. Sells 16,000 Shares of Lincoln Educational Services (NASDAQ:LINC) Stock

Lincoln Educational Services Corporation (NASDAQ:LINCGet Free Report) Director James Burke, Jr. sold 16,000 shares of Lincoln Educational Services stock in a transaction dated Monday, May 18th. The stock was sold at an average price of $49.54, for a total value of $792,640.00. Following the sale, the director directly owned 60,005 shares of the company’s stock, valued at approximately $2,972,647.70. This represents a 21.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Lincoln Educational Services Stock Performance

Shares of LINC opened at $47.51 on Wednesday. The stock has a 50-day moving average of $41.67 and a two-hundred day moving average of $30.95. 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. The stock has a market cap of $1.51 billion, a P/E ratio of 66.92, a P/E/G ratio of 4.21 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 analysts’ consensus estimates of $0.04 by $0.10. Lincoln Educational Services had a return on equity of 15.25% and a net margin of 4.11%.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. As a group, research analysts predict that Lincoln Educational Services Corporation will post 0.78 EPS for the current year.

Hedge Funds Weigh In On Lincoln Educational Services

Institutional investors have recently modified their holdings of the stock. State of Alaska Department of Revenue purchased a new position in shares of Lincoln Educational Services during the 3rd quarter valued at about $35,000. Royal Bank of Canada increased its stake in shares of Lincoln Educational Services by 246.7% in the 4th quarter. Royal Bank of Canada now owns 1,536 shares of the company’s stock valued at $38,000 after purchasing an additional 1,093 shares in the last quarter. State of Wyoming purchased a new position in shares of Lincoln Educational Services in the 3rd quarter valued at about $54,000. EverSource Wealth Advisors LLC increased its stake in shares of Lincoln Educational Services by 383.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,436 shares of the company’s stock valued at $99,000 after purchasing an additional 1,932 shares in the last quarter. Finally, Strs Ohio purchased a new position in shares of Lincoln Educational Services in the 1st quarter valued at about $48,000. Hedge funds and other institutional investors own 72.23% of the company’s stock.

Wall Street Analyst Weigh In

LINC has been the subject of a number of research reports. Northland Securities set a $50.00 price target on Lincoln Educational Services in a research report on Tuesday, May 12th. B. Riley Financial lifted their price objective 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. Barrington Research lifted their price objective on Lincoln Educational Services from $45.00 to $56.00 and gave the company an “outperform” rating in a research note on Tuesday, May 12th. Zacks Research lowered Lincoln Educational Services from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Finally, Griffin Securities set a $38.00 price objective on Lincoln Educational Services in a research note on Tuesday, February 24th. Five research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $52.50.

Check Out Our Latest Stock Report on LINC

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.

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