Nicholas Investment Partners LP Buys New Stake in Lincoln Educational Services Corporation $LINC

Nicholas Investment Partners LP purchased a new position in shares of Lincoln Educational Services Corporation (NASDAQ:LINCFree Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 531,935 shares of the company’s stock, valued at approximately $26,544,000. Lincoln Educational Services makes up about 1.5% of Nicholas Investment Partners LP’s holdings, making the stock its 8th largest holding. Nicholas Investment Partners LP owned 1.68% of Lincoln Educational Services as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. AQR Capital Management LLC purchased a new stake in shares of Lincoln Educational Services during the 1st quarter worth about $213,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Lincoln Educational Services by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,657 shares of the company’s stock valued at $248,000 after purchasing an additional 681 shares in the last quarter. Empowered Funds LLC increased its stake in shares of Lincoln Educational Services by 1.9% in the 1st quarter. Empowered Funds LLC now owns 47,648 shares of the company’s stock valued at $756,000 after purchasing an additional 879 shares in the last quarter. Strs Ohio acquired a new position in Lincoln Educational Services in the 1st quarter worth about $48,000. Finally, Legal & General Group Plc raised its holdings in Lincoln Educational Services by 156.1% in the 2nd quarter. Legal & General Group Plc now owns 5,740 shares of the company’s stock worth $132,000 after purchasing an additional 3,499 shares during the period. Hedge funds and other institutional investors own 72.23% of the company’s stock.

Wall Street Analyst Weigh In

LINC has been the topic of several research analyst reports. Northland Securities set a $60.00 price objective on Lincoln Educational Services in a report on Thursday, May 28th. Lake Street Capital reduced their target price on Lincoln Educational Services from $55.00 to $50.00 and set a “buy” rating for the company in a research note on Tuesday, August 11th. Barrington Research set a $50.00 target price on Lincoln Educational Services in a research report on Monday, August 10th. B. Riley Financial lifted their price target on shares of Lincoln Educational Services from $46.00 to $56.00 and gave the company a “buy” rating in a research note on Tuesday, May 12th. Finally, Rosenblatt Securities cut their price target on shares of Lincoln Educational Services from $60.00 to $50.00 and set a “buy” rating for the company in a report on Tuesday, August 11th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $50.67.

Get Our Latest Research Report on Lincoln Educational Services

Lincoln Educational Services Trading Down 3.5%

Shares of Lincoln Educational Services stock opened at $24.83 on Tuesday. The firm has a market capitalization of $787.61 million, a PE ratio of 34.49, a P/E/G ratio of 2.20 and a beta of 0.83. Lincoln Educational Services Corporation has a twelve month low of $17.29 and a twelve month high of $56.34. The firm’s 50-day moving average price is $42.69 and its 200 day moving average price is $41.17. The company has a current ratio of 0.96, a quick ratio of 0.92 and a debt-to-equity ratio of 0.28.

Lincoln Educational Services (NASDAQ:LINCGet Free Report) last posted its quarterly earnings data on Monday, August 10th. The company reported $0.06 EPS for the quarter. Lincoln Educational Services had a return on equity of 14.47% and a net margin of 3.99%.The company had revenue of $142.56 million during the quarter, compared to analyst estimates of $139.49 million. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. On average, sell-side analysts predict that Lincoln Educational Services Corporation will post 0.78 EPS for the current fiscal year.

Insider Buying and Selling

In related news, SVP Alexandra M. Luster sold 18,007 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $44.64, for a total value of $803,832.48. Following the completion of the transaction, the senior vice president directly owned 82,356 shares of the company’s stock, valued at approximately $3,676,371.84. This represents a 17.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kevin M. Carney sold 3,000 shares of the firm’s 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 transaction, the director owned 25,039 shares in the company, valued at $1,201,872. The trade was a 10.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 23,000 shares of company stock worth $1,047,702 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.

See Also

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

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