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

Lincoln Educational Services Co. (NASDAQ:LINC) EVP Chad D. Nyce sold 9,977 shares of Lincoln Educational Services stock in a transaction that occurred 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 completion of the transaction, the executive vice president now directly owns 144,669 shares in the company, valued at approximately $2,387,038.50. The trade was a 6.45 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Lincoln Educational Services Stock Performance

LINC opened at $16.43 on Friday. The business’s 50-day simple moving average is $13.68 and its 200 day simple moving average is $12.61. Lincoln Educational Services Co. has a 52-week low of $8.78 and a 52-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. The firm has a market capitalization of $517.22 million, a PE ratio of 51.35, a PEG ratio of 2.04 and a beta of 1.41.

Lincoln Educational Services (NASDAQ:LINC) last announced its quarterly earnings data 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 company had revenue of $114.41 million for the quarter, compared to the consensus estimate of $111.05 million. Lincoln Educational Services had a return on equity of 10.60% and a net margin of 2.33%. During the same quarter in the prior year, the company earned $0.11 EPS. As a group, sell-side analysts expect that Lincoln Educational Services Co. will post 0.54 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

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

Institutional Trading of Lincoln Educational Services

Large investors have recently added to or reduced their stakes in the company. Gladius Capital Management LP bought a new stake in shares of Lincoln Educational Services in the 2nd quarter valued at about $33,000. SG Americas Securities LLC acquired a new position in Lincoln Educational Services during the third quarter worth approximately $121,000. The Manufacturers Life Insurance Company bought a new stake in Lincoln Educational Services in the second quarter valued at approximately $123,000. Janus Henderson Group PLC acquired a new stake in shares of Lincoln Educational Services in the third quarter valued at approximately $144,000. Finally, Barclays PLC boosted its stake in shares of Lincoln Educational Services by 259.0% during the 3rd quarter. Barclays PLC now owns 34,220 shares of the company’s stock worth $408,000 after acquiring an additional 24,688 shares during the period. Institutional investors and hedge funds own 72.23% of the company’s stock.

Lincoln Educational Services Company Profile

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.