Castleark Management LLC Purchases Shares of 150,610 Lincoln Educational Services Corporation $LINC

Castleark Management LLC purchased a new position in shares of Lincoln Educational Services Corporation (NASDAQ:LINC) during the 1st quarter, Holdings Channel reports. The fund purchased 150,610 shares of the company’s stock, valued at approximately $6,127,000.

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

Analyst Ratings Changes

LINC has been the topic of several recent analyst reports. Barrington Research boosted their price target on Lincoln Educational Services from $45.00 to $56.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. Northland Securities set a $60.00 price objective on Lincoln Educational Services in a report on Thursday, May 28th. B. Riley Financial raised their target price 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. Lake Street Capital restated a “buy” rating and set a $55.00 target price on shares of Lincoln Educational Services in a report on Tuesday, May 12th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $60.00 price target on shares of Lincoln Educational Services in a research report on Thursday, June 11th. Five analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $54.17.

Insiders Place Their Bets

In related news, SVP Alexandra M. Luster sold 18,007 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $44.64, for a total transaction of $803,832.48. Following the transaction, the senior vice president directly owned 82,356 shares of the company’s stock, valued at approximately $3,676,371.84. The trade was a 17.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Brian K. Meyers sold 40,070 shares of the stock in a transaction 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 completion of the sale, the chief financial officer owned 160,712 shares in the company, valued at approximately $8,032,385.76. This trade represents a 19.96% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 95,070 shares of company stock valued at $4,617,457. 12.80% of the stock is owned by insiders.

Lincoln Educational Services Stock Performance

Lincoln Educational Services stock opened at $40.51 on Monday. Lincoln Educational Services Corporation has a 52 week low of $17.29 and a 52 week high of $56.34. 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 capitalization of $1.28 billion, a P/E ratio of 57.06, a PEG ratio of 3.45 and a beta of 0.79. The stock has a 50-day simple moving average of $48.19 and a 200 day simple moving average of $39.88.

Lincoln Educational Services (NASDAQ:LINC) last announced its quarterly earnings results on Monday, May 11th. The company reported $0.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.10. The firm had revenue of $143.96 million for the quarter, compared to the consensus estimate 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. Analysts expect that Lincoln Educational Services Corporation will post 0.78 earnings per share for the current year.

Lincoln Educational Services Company Profile

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.