Lincoln Educational Services Co. (NASDAQ:LINC) EVP Chad D. Nyce Sells 9,977 Shares

Lincoln Educational Services Co. (NASDAQ:LINC) EVP Chad D. Nyce sold 9,977 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $16.50, for a total transaction of $164,620.50. Following the sale, the executive vice president now directly owns 144,669 shares in the company, valued at $2,387,038.50. This trade represents a 6.45 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Lincoln Educational Services Stock Performance

NASDAQ LINC traded up $0.14 on Wednesday, reaching $16.60. 32,865 shares of the company’s stock traded hands, compared to its average volume of 110,111. The firm has a market cap of $522.55 million, a price-to-earnings ratio of 51.44, a P/E/G ratio of 2.02 and a beta of 1.41. The stock has a 50 day moving average price of $13.45 and a 200-day moving average price of $12.52. Lincoln Educational Services Co. has a fifty-two week low of $8.78 and a fifty-two week high of $18.74. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.53 and a current ratio of 1.57.

Lincoln Educational Services (NASDAQ:LINC) last posted its earnings results on Monday, November 11th. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.01). The business had revenue of $114.41 million for the quarter, compared to analyst estimates of $111.05 million. Lincoln Educational Services had a net margin of 2.33% and a return on equity of 10.60%. During the same quarter in the prior year, the firm earned $0.11 earnings per share. Equities research analysts predict that Lincoln Educational Services Co. will post 0.54 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. StockNews.com lowered shares of Lincoln Educational Services from a “buy” rating to a “hold” rating in a report on Wednesday, October 9th. B. Riley boosted their price objective on shares of Lincoln Educational Services from $15.00 to $20.00 and gave the company a “buy” rating in a report on Thursday, November 7th. Rosenblatt Securities boosted their price objective on shares of Lincoln Educational Services from $15.00 to $17.00 and gave the company a “buy” rating in a report on Friday, August 9th. Finally, Barrington Research boosted their target price on shares of Lincoln Educational Services from $16.00 to $20.00 and gave the company an “outperform” rating in a research report on Monday, November 11th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Lincoln Educational Services presently has a consensus rating of “Moderate Buy” and an average target price of $18.00.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Vanguard Group Inc. raised its position in shares of Lincoln Educational Services by 11.3% in the first quarter. Vanguard Group Inc. now owns 1,343,181 shares of the company’s stock worth $13,875,000 after acquiring an additional 136,334 shares during the period. Renaissance Technologies LLC raised its position in shares of Lincoln Educational Services by 12.6% in the second quarter. Renaissance Technologies LLC now owns 645,678 shares of the company’s stock worth $7,658,000 after acquiring an additional 72,400 shares during the period. First Eagle Investment Management LLC raised its position in shares of Lincoln Educational Services by 25.4% in the second quarter. First Eagle Investment Management LLC now owns 768,851 shares of the company’s stock worth $9,119,000 after acquiring an additional 155,754 shares during the period. Secure Asset Management LLC acquired a new position in shares of Lincoln Educational Services in the second quarter worth about $612,000. Finally, Calamos Advisors LLC acquired a new position in shares of Lincoln Educational Services in the second quarter worth about $576,000. Institutional investors and hedge funds own 72.23% of the company’s stock.

About Lincoln Educational Services

Lincoln Educational Services Corporation, together with its subsidiaries, provides various career-oriented post-secondary education services to high school graduates and working adults in the United States. The company operates in two segments, Campus Operations and Transitional. It offers associate's degree, and diploma and certificate programs in automotive technology; skilled trades programs, including electrical, heating and air conditioning repair, welding, computerized numerical control, and electrical and electronic systems technology; health science programs comprising licensed practical nurse, registered nurse, dental assistant, medical assistant, medical administrative assistant, and claims examiner; hospitality service and information technology programs, such as culinary, therapeutic massage, cosmetology, aesthetics, and computer systems support technicians.