Insider Selling: Lincoln Educational Services (NASDAQ:LINC) Director Sells 3,000 Shares of Stock

Lincoln Educational Services Corporation (NASDAQ:LINC) Director Kevin Carney sold 3,000 shares of Lincoln Educational Services stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $48.00, for a total value of $144,000.00. Following the completion of the sale, the director directly owned 25,039 shares of the company’s stock, valued at approximately $1,201,872. This represents a 10.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Lincoln Educational Services Trading Up 2.3%

Shares of NASDAQ:LINC traded up $1.05 during midday trading on Wednesday, reaching $47.43. The company’s stock had a trading volume of 576,270 shares, compared to its average volume of 508,246. The firm has a market cap of $1.50 billion, a price-to-earnings ratio of 66.80, a price-to-earnings-growth ratio of 3.95 and a beta of 0.80. The company has a quick ratio of 0.80, a current ratio of 0.83 and a debt-to-equity ratio of 0.18. Lincoln Educational Services Corporation has a 1 year low of $17.29 and a 1 year high of $53.50. The business has a 50 day moving average price of $44.67 and a 200 day moving average price of $34.14.

Lincoln Educational Services (NASDAQ:LINC) last announced its quarterly earnings data on Monday, May 11th. The company reported $0.14 EPS for the quarter, beating 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 business had revenue of $143.96 million during the quarter, compared to the consensus estimate of $135.66 million. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. Research analysts forecast that Lincoln Educational Services Corporation will post 0.78 EPS for the current year.

Analyst Ratings Changes

LINC has been the topic of a number of research analyst reports. Rosenblatt Securities lifted their target price on Lincoln Educational Services from $45.00 to $60.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Griffin Securities set a $38.00 target price on Lincoln Educational Services in a report on Tuesday, February 24th. B. Riley Financial lifted their target price on Lincoln Educational Services from $46.00 to $56.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Lake Street Capital reiterated a “buy” rating and issued a $55.00 target price on shares of Lincoln Educational Services in a report on Tuesday, May 12th. Finally, Weiss Ratings cut Lincoln Educational Services from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 8th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $54.17.

Institutional Investors Weigh In On Lincoln Educational Services

A number of large investors have recently modified their holdings of the stock. Royal Bank of Canada raised its holdings in shares of Lincoln Educational Services by 246.7% during the 4th quarter. Royal Bank of Canada now owns 1,536 shares of the company’s stock valued at $38,000 after buying an additional 1,093 shares during the period. Strs Ohio purchased a new stake in shares of Lincoln Educational Services during the 1st quarter valued at about $48,000. State of Wyoming purchased a new stake in shares of Lincoln Educational Services during the 3rd quarter valued at about $54,000. EverSource Wealth Advisors LLC raised its holdings in shares of Lincoln Educational Services by 383.3% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,436 shares of the company’s stock valued at $99,000 after buying an additional 1,932 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of Lincoln Educational Services during the 2nd quarter valued at about $116,000. Institutional investors and hedge funds own 72.23% of the company’s stock.

About Lincoln Educational Services

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.