Lincoln Educational Services Co. (NASDAQ:LINC – Get Free Report) major shareholder Juniper Investment Company, Ll sold 7,123 shares of the stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $16.86, for a total value of $120,093.78. Following the sale, the insider now owns 867,017 shares of the company’s stock, valued at $14,617,906.62. This represents a 0.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
Juniper Investment Company, Ll also recently made the following trade(s):
- On Monday, August 19th, Juniper Investment Company, Ll sold 2,270 shares of Lincoln Educational Services stock. The stock was sold at an average price of $12.04, for a total value of $27,330.80.
Lincoln Educational Services Stock Performance
Shares of LINC stock opened at $15.19 on Friday. The firm has a market capitalization of $478.18 million, a price-to-earnings ratio of 47.47, a PEG ratio of 2.01 and a beta of 1.41. The stock has a fifty day moving average of $12.94 and a 200 day moving average of $12.31. Lincoln Educational Services Co. has a 52 week low of $8.78 and a 52 week high of $18.74. The company has a quick ratio of 1.75, a current ratio of 1.57 and a debt-to-equity ratio of 0.17.
Institutional Trading of Lincoln Educational Services
Large investors have recently bought and sold shares of the company. Gladius Capital Management LP bought a new position in shares of Lincoln Educational Services in the 2nd quarter worth approximately $33,000. BNP Paribas Financial Markets grew its stake in Lincoln Educational Services by 60.2% in the first quarter. BNP Paribas Financial Markets now owns 11,218 shares of the company’s stock worth $116,000 after purchasing an additional 4,217 shares during the period. SG Americas Securities LLC bought a new position in Lincoln Educational Services in the third quarter worth $121,000. The Manufacturers Life Insurance Company purchased a new position in Lincoln Educational Services during the second quarter valued at $123,000. Finally, Janus Henderson Group PLC bought a new stake in shares of Lincoln Educational Services during the 3rd quarter valued at $144,000. 72.23% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on the stock. StockNews.com cut shares of Lincoln Educational Services from a “buy” rating to a “hold” rating in a report on Wednesday, October 9th. B. Riley raised their price target on shares of Lincoln Educational Services from $15.00 to $20.00 and gave the stock a “buy” rating in a report on Thursday, November 7th. Barrington Research boosted their price objective 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. Finally, Rosenblatt Securities increased their target price on shares of Lincoln Educational Services from $15.00 to $17.00 and gave the stock a “buy” rating in a report on Friday, August 9th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $18.00.
Read Our Latest Report on Lincoln Educational Services
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.
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