Sei Investments Co. Acquires 86,750 Shares of Lincoln Educational Services Corporation $LINC

Sei Investments Co. raised its holdings in shares of Lincoln Educational Services Corporation (NASDAQ:LINCFree Report) by 131.9% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 152,537 shares of the company’s stock after acquiring an additional 86,750 shares during the period. Sei Investments Co.’s holdings in Lincoln Educational Services were worth $6,205,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Royal Bank of Canada increased its holdings in shares of Lincoln Educational Services by 246.7% in the fourth quarter. Royal Bank of Canada now owns 1,536 shares of the company’s stock worth $38,000 after buying an additional 1,093 shares during the period. Strs Ohio bought a new stake in shares of Lincoln Educational Services in the 1st quarter valued at about $48,000. Raymond James Financial Inc. purchased a new stake in Lincoln Educational Services during the 2nd quarter valued at about $116,000. Tower Research Capital LLC TRC boosted its holdings in Lincoln Educational Services by 1,081.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 5,681 shares of the company’s stock valued at $131,000 after acquiring an additional 5,200 shares during the period. Finally, Legal & General Group Plc grew its position in Lincoln Educational Services by 156.1% during the 2nd quarter. Legal & General Group Plc now owns 5,740 shares of the company’s stock worth $132,000 after acquiring an additional 3,499 shares during the last quarter. 72.23% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. Weiss Ratings cut Lincoln Educational Services from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 8th. Lake Street Capital restated a “buy” rating and issued a $55.00 target price on shares of Lincoln Educational Services in a report on Tuesday, May 12th. Rosenblatt Securities restated a “buy” rating and issued a $60.00 target price on shares of Lincoln Educational Services in a report on Thursday, June 11th. B. Riley Financial lifted their target price on shares of Lincoln Educational Services from $46.00 to $56.00 and gave the stock a “buy” rating in a research note on Tuesday, May 12th. Finally, Barrington Research upped their price target 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. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $54.17.

Read Our Latest Analysis on Lincoln Educational Services

Lincoln Educational Services Stock Performance

NASDAQ:LINC opened at $43.15 on Tuesday. The stock has a market cap of $1.37 billion, a P/E ratio of 60.77, a price-to-earnings-growth ratio of 3.56 and a beta of 0.83. The firm’s fifty day simple moving average is $47.49 and its 200 day simple moving average is $40.61. Lincoln Educational Services Corporation has a twelve month low of $17.29 and a twelve month high of $56.34. 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 (NASDAQ:LINCGet Free Report) last issued its quarterly earnings data on Monday, May 11th. The company reported $0.14 EPS for the quarter, topping the consensus estimate of $0.04 by $0.10. Lincoln Educational Services had a net margin of 4.11% and a return on equity of 15.25%. The business had revenue of $143.96 million during the quarter, compared to analyst estimates 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.

Insider Activity at Lincoln Educational Services

In other Lincoln Educational Services news, SVP Alexandra M. Luster sold 18,007 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $44.64, for a total value of $803,832.48. Following the completion of the sale, the senior vice president directly owned 82,356 shares in the company, valued at $3,676,371.84. This trade represents a 17.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Brian K. Meyers sold 40,070 shares of Lincoln Educational Services stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $49.98, for a total value of $2,002,698.60. Following the sale, the chief financial officer directly owned 160,712 shares in the company, valued at approximately $8,032,385.76. The trade was a 19.96% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 95,070 shares of company stock worth $4,617,457 over the last ninety days. Corporate insiders own 12.80% of the company’s stock.

Lincoln Educational Services Company Profile

(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.

Further Reading

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Institutional Ownership by Quarter for Lincoln Educational Services (NASDAQ:LINC)

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