Lincoln Educational Services Corporation (NASDAQ:LINC – Get Free Report) was the target of a large decline in short interest during the month of February. As of February 27th, there was short interest totaling 808,506 shares, a decline of 14.1% from the February 12th total of 941,609 shares. Approximately 3.1% of the shares of the stock are sold short. Based on an average trading volume of 715,553 shares, the short-interest ratio is presently 1.1 days. Based on an average trading volume of 715,553 shares, the short-interest ratio is presently 1.1 days. Approximately 3.1% of the shares of the stock are sold short.
Insider Transactions at Lincoln Educational Services
In other Lincoln Educational Services news, insider Juniper Investment Company, Ll sold 275,000 shares of the stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $34.55, for a total value of $9,501,250.00. Following the completion of the transaction, the insider directly owned 2,088,311 shares in the company, valued at approximately $72,151,145.05. This trade represents a 11.64% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Sylvia Jean Young sold 7,959 shares of Lincoln Educational Services stock in a transaction dated Friday, March 6th. The shares were sold at an average price of $35.81, for a total value of $285,011.79. Following the sale, the director directly owned 12,697 shares in the company, valued at $454,679.57. The trade was a 38.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 458,665 shares of company stock worth $16,061,744 in the last 90 days. 16.80% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Lincoln Educational Services
Several institutional investors have recently made changes to their positions in LINC. Archon Capital Management LLC acquired a new stake in shares of Lincoln Educational Services in the 2nd quarter valued at about $692,000. Pacific Ridge Capital Partners LLC increased its position in Lincoln Educational Services by 33.1% in the 3rd quarter. Pacific Ridge Capital Partners LLC now owns 312,569 shares of the company’s stock valued at $7,345,000 after buying an additional 77,680 shares in the last quarter. North Star Investment Management Corp. raised its position in shares of Lincoln Educational Services by 18.1% during the third quarter. North Star Investment Management Corp. now owns 143,275 shares of the company’s stock worth $3,367,000 after purchasing an additional 22,000 shares during the period. Geode Capital Management LLC grew its position in Lincoln Educational Services by 11.0% in the 2nd quarter. Geode Capital Management LLC now owns 728,506 shares of the company’s stock valued at $16,795,000 after purchasing an additional 71,973 shares during the period. Finally, Russell Investments Group Ltd. grew its position in Lincoln Educational Services by 53.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 354,803 shares of the company’s stock valued at $8,178,000 after purchasing an additional 123,987 shares during the period. Institutional investors and hedge funds own 72.23% of the company’s stock.
Lincoln Educational Services Trading Down 0.2%
Lincoln Educational Services (NASDAQ:LINC – Get Free Report) last announced its quarterly earnings data on Monday, February 23rd. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.42 by $0.08. Lincoln Educational Services had a net margin of 3.86% and a return on equity of 15.24%. The company had revenue of $142.87 million during the quarter, compared to the consensus estimate of $131.70 million. Lincoln Educational Services has set its FY 2026 guidance at 0.640-0.740 EPS. Analysts anticipate that Lincoln Educational Services will post 0.54 EPS for the current year.
Wall Street Analysts Forecast Growth
LINC has been the subject of several recent research reports. Weiss Ratings upgraded shares of Lincoln Educational Services from a “hold (c+)” rating to a “buy (b)” rating in a research report on Wednesday, March 11th. B. Riley Financial lifted their price target on shares of Lincoln Educational Services from $33.00 to $38.00 and gave the stock a “buy” rating in a report on Tuesday, February 24th. Griffin Securities set a $38.00 price objective on shares of Lincoln Educational Services in a research note on Tuesday, February 24th. Rosenblatt Securities increased their price objective on Lincoln Educational Services from $27.00 to $39.00 and gave the company a “buy” rating in a report on Monday, February 23rd. Finally, Northland Securities set a $36.00 target price on Lincoln Educational Services in a research report on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $37.33.
Check Out Our Latest Stock Report on Lincoln Educational Services
About Lincoln Educational Services
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.
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