Lincoln Educational Services Corporation $LINC Shares Sold by Heartland Advisors Inc.

Heartland Advisors Inc. reduced its position in Lincoln Educational Services Corporation (NASDAQ:LINCFree Report) by 72.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 357,265 shares of the company’s stock after selling 932,735 shares during the period. Heartland Advisors Inc.’s holdings in Lincoln Educational Services were worth $14,534,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of LINC. Royal Bank of Canada lifted its stake 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 acquiring an additional 1,093 shares in the last quarter. Strs Ohio acquired a new stake in Lincoln Educational Services during the 1st quarter valued at approximately $48,000. Raymond James Financial Inc. acquired a new stake in Lincoln Educational Services during the 2nd quarter valued at approximately $116,000. Tower Research Capital LLC TRC increased 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 worth $131,000 after purchasing an additional 5,200 shares during the last quarter. Finally, Legal & General Group Plc increased its holdings 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 purchasing an additional 3,499 shares during the last quarter. 72.23% of the stock is currently owned by institutional investors and hedge funds.

Lincoln Educational Services Stock Performance

LINC stock opened at $42.95 on Friday. The stock’s 50 day simple moving average is $49.15 and its 200 day simple moving average is $39.19. Lincoln Educational Services Corporation has a 12-month low of $17.29 and a 12-month high of $56.34. The firm has a market cap of $1.36 billion, a P/E ratio of 60.49, a P/E/G ratio of 3.66 and a beta of 0.79. The company has a current ratio of 0.83, a quick ratio of 0.80 and a debt-to-equity ratio of 0.18.

Lincoln Educational Services (NASDAQ:LINCGet Free Report) last released its quarterly earnings data on Monday, May 11th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates 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 firm 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. As a group, equities research analysts predict that Lincoln Educational Services Corporation will post 0.78 EPS for the current year.

Insider Buying and Selling at Lincoln Educational Services

In other news, Director James J. Burke, Jr. sold 16,000 shares of Lincoln Educational Services stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $49.54, for a total value of $792,640.00. Following the completion of the transaction, the director directly owned 60,005 shares of the company’s stock, valued at approximately $2,972,647.70. The trade was a 21.05% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Kevin M. Carney sold 3,000 shares of Lincoln Educational Services stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $48.00, for a total transaction of $144,000.00. Following the completion of the transaction, the director directly owned 25,039 shares of the company’s stock, valued at $1,201,872. This trade represents a 10.70% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 Ratings Changes

A number of equities analysts have issued reports on LINC shares. Northland Securities set a $60.00 target price on Lincoln Educational Services in a research report on Thursday, May 28th. Barrington Research raised their price target on shares of Lincoln Educational Services from $45.00 to $56.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 12th. B. Riley Financial lifted their price target 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. Weiss Ratings cut shares of Lincoln Educational Services from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 8th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $60.00 price target on shares of Lincoln Educational Services in a report on Thursday, June 11th. Five equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Lincoln Educational Services currently has a consensus rating of “Moderate Buy” and an average target price of $54.17.

View Our Latest Report on LINC

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.

Read More

Want to see what other hedge funds are holding LINC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lincoln Educational Services Corporation (NASDAQ:LINCFree Report).

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

Receive News & Ratings for Lincoln Educational Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lincoln Educational Services and related companies with MarketBeat.com's FREE daily email newsletter.