Lincoln Educational Services Co. (NASDAQ:LINC) Major Shareholder Juniper Investment Company, Ll Sells 1,907 Shares

Lincoln Educational Services Co. (NASDAQ:LINC) major shareholder Juniper Investment Company, Ll sold 1,907 shares of the firm’s stock in a transaction on Monday, August 12th. The shares were sold at an average price of $12.00, for a total transaction of $22,884.00. Following the sale, the insider now owns 954,316 shares in the company, valued at approximately $11,451,792. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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 Wednesday, August 14th, Juniper Investment Company, Ll sold 17,031 shares of Lincoln Educational Services stock. The stock was sold at an average price of $12.01, for a total transaction of $204,542.31.
• On Friday, May 31st, Juniper Investment Company, Ll sold 25,010 shares of Lincoln Educational Services stock. The shares were sold at an average price of $11.75, for a total value of $293,867.50.

Lincoln Educational Services Price Performance

Shares of NASDAQ LINC traded up $0.07 during midday trading on Wednesday, hitting $11.94. The stock had a trading volume of 84,982 shares, compared to its average volume of 117,472. The company has a quick ratio of 1.94, a current ratio of 1.98 and a debt-to-equity ratio of 0.18. The stock has a 50 day simple moving average of $12.07 and a 200-day simple moving average of $11.02. The company has a market capitalization of $375.44 million, a PE ratio of 14.05, a P/E/G ratio of 1.84 and a beta of 1.41. Lincoln Educational Services Co. has a 1 year low of $7.88 and a 1 year high of $14.52.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Gladius Capital Management LP purchased a new stake in shares of Lincoln Educational Services during the second quarter worth $33,000. AJOVista LLC purchased a new position in shares of Lincoln Educational Services in the fourth quarter worth about $67,000. New York State Common Retirement Fund boosted its position in Lincoln Educational Services by 1,513.5% during the fourth quarter. New York State Common Retirement Fund now owns 8,600 shares of the company’s stock worth $86,000 after acquiring an additional 8,067 shares during the last quarter. BNP Paribas Financial Markets grew its stake in Lincoln Educational Services by 60.2% during the 1st quarter. BNP Paribas Financial Markets now owns 11,218 shares of the company’s stock valued at $116,000 after acquiring an additional 4,217 shares in the last quarter. Finally, SG Americas Securities LLC raised its holdings in Lincoln Educational Services by 31.1% in the 4th quarter. SG Americas Securities LLC now owns 13,410 shares of the company’s stock valued at $135,000 after acquiring an additional 3,182 shares during the last quarter. 72.23% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

LINC has been the topic of a number of recent analyst reports. Lake Street Capital increased their price target on Lincoln Educational Services from $14.00 to $15.00 and gave the stock a “buy” rating in a research report on Tuesday, May 7th. B. Riley increased their target price on Lincoln Educational Services from $14.00 to $15.00 and gave the company a “buy” rating in a research report on Tuesday, May 7th. StockNews.com raised shares of Lincoln Educational Services from a “hold” rating to a “buy” rating in a report on Friday, August 9th. Rosenblatt Securities increased 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 reiterated an “outperform” rating and issued a $16.00 target price on shares of Lincoln Educational Services in a research report on Thursday, August 8th. Five research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $15.75.

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.