Renaissance Technologies LLC Sells 60,700 Shares of Lincoln Educational Services Corporation $LINC

Renaissance Technologies LLC trimmed its position in shares of Lincoln Educational Services Corporation (NASDAQ:LINC) by 17.2% during the 1st quarter, HoldingsChannel.com reports. The firm owned 293,178 shares of the company’s stock after selling 60,700 shares during the period. Renaissance Technologies LLC’s holdings in Lincoln Educational Services were worth $11,926,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. AQR Capital Management LLC bought a new position in shares of Lincoln Educational Services in the first quarter worth approximately $213,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Lincoln Educational Services by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,657 shares of the company’s stock valued at $248,000 after acquiring an additional 681 shares in the last quarter. Empowered Funds LLC increased its position in shares of Lincoln Educational Services by 1.9% during the first quarter. Empowered Funds LLC now owns 47,648 shares of the company’s stock valued at $756,000 after acquiring an additional 879 shares in the last quarter. Strs Ohio purchased a new position in Lincoln Educational Services in the 1st quarter worth approximately $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 acquiring an additional 3,499 shares during the last quarter. 72.23% of the stock is currently owned by institutional investors.

Insider Transactions at Lincoln Educational Services

In related news, SVP Alexandra M. Luster sold 18,007 shares of the company’s stock in a transaction 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 completion of the sale, the senior vice president owned 82,356 shares in the company, valued at approximately $3,676,371.84. This represents a 17.94% decrease in their ownership of the stock. 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 dated 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 transaction, the chief financial officer directly owned 160,712 shares in the company, valued at approximately $8,032,385.76. This represents a 19.96% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 95,070 shares of company stock valued at $4,617,457. Corporate insiders own 12.80% of the company’s stock.

Analyst Upgrades and Downgrades

LINC has been the topic of several recent analyst reports. Lake Street Capital reiterated a “buy” rating and set a $55.00 target price on shares of Lincoln Educational Services in a research note on Tuesday, May 12th. 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 note on Tuesday, May 12th. Rosenblatt Securities restated a “buy” rating and issued a $60.00 price target on shares of Lincoln Educational Services in a research note on Thursday, June 11th. Northland Securities set a $60.00 price target on Lincoln Educational Services in a report on Thursday, May 28th. Finally, Weiss Ratings cut Lincoln Educational Services from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 8th. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $54.17.

Lincoln Educational Services Trading Down 0.5%

Shares of LINC stock opened at $41.82 on Friday. Lincoln Educational Services Corporation has a 12-month low of $17.29 and a 12-month high of $56.34. The company has a current ratio of 0.83, a quick ratio of 0.80 and a debt-to-equity ratio of 0.18. The firm’s 50 day moving average is $47.59 and its 200 day moving average is $40.37. The stock has a market capitalization of $1.33 billion, a P/E ratio of 58.90, a P/E/G ratio of 3.56 and a beta of 0.79.

Lincoln Educational Services (NASDAQ:LINC) last posted its 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. The business had revenue of $143.96 million during the quarter, compared to the consensus estimate of $135.66 million. Lincoln Educational Services had a net margin of 4.11% and a return on equity of 15.25%. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. Research 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.