Insider Selling: Lincoln Educational Services Co. (NASDAQ:LINC) Major Shareholder Sells 60,000 Shares of Stock

Lincoln Educational Services Co. (NASDAQ:LINC - Get Free Report) major shareholder Juniper Investment Company, Ll sold 60,000 shares of the company's stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $16.62, for a total value of $997,200.00. Following the sale, the insider now owns 605,005 shares of the company's stock, valued at $10,055,183.10. This trade represents a 9.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own at least 10% of a company's shares are required to disclose their sales and purchases with the SEC.Fed Rate Cuts on the Horizon: Why These 2 Stocks Stand to BenefitJuniper Investment Company, Ll also recently made the following trade(s): On Monday, November 25th, Juniper Investment Company, Ll sold 34,997 shares of Lincoln Educational Services stock. The stock was sold at an average price of $16.52, for a total transaction of $578,150.44. On Wednesday, November 13th, Juniper Investment Company, Ll sold 7,123 shares of Lincoln Educational Services stock. The shares were sold at an average price of $16.86, for a total transaction of $120,093.78. Lincoln Educational Services Price PerformanceI was wrong. Dead wrong. From Porter & Company | AdI thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again. Here’s the full story for you.Shares of LINC opened at $16.49 on Thursday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.57 and a quick ratio of 1.53. The company's fifty day moving average price is $13.45 and its 200-day moving average price is $12.52. Lincoln Educational Services Co. has a 1-year low of $8.78 and a 1-year high of $18.74. The firm has a market capitalization of $519.09 million, a PE ratio of 51.44, a price-to-earnings-growth ratio of 2.02 and a beta of 1.41. Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last issued its quarterly earnings results on Monday, November 11th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.01). The business had revenue of $114.41 million during the quarter, compared to analyst estimates 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 last year, the company posted $0.11 EPS. On average, equities research analysts predict that Lincoln Educational Services Co. will post 0.54 EPS for the current year. Analyst Upgrades and DowngradesLINC has been the subject of a number of analyst reports. B. Riley increased their target price on shares of Lincoln Educational Services from $15.00 to $20.00 and gave the company a "buy" rating in a research report on Thursday, November 7th. StockNews.com lowered Lincoln Educational Services from a "buy" rating to a "hold" rating in a report on Wednesday, October 9th. Rosenblatt Securities boosted their target price on Lincoln Educational Services from $15.00 to $17.00 and gave the stock a "buy" rating in a research note on Friday, August 9th. Finally, Barrington Research upped their target price on 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 research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $18.00.View Our Latest Analysis on LINCHedge Funds Weigh In On Lincoln Educational ServicesA number of institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. boosted its position in Lincoln Educational Services by 11.3% in the 1st quarter. Vanguard Group Inc. now owns 1,343,181 shares of the company's stock worth $13,875,000 after purchasing an additional 136,334 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in Lincoln Educational Services by 5.5% in the second quarter. Dimensional Fund Advisors LP now owns 970,425 shares of the company's stock valued at $11,509,000 after buying an additional 50,737 shares in the last quarter. First Eagle Investment Management LLC boosted its stake in shares of Lincoln Educational Services by 25.4% during the 2nd 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 in the last quarter. Renaissance Technologies LLC grew its position in shares of Lincoln Educational Services by 12.6% during the 2nd quarter. Renaissance Technologies LLC now owns 645,678 shares of the company's stock valued at $7,658,000 after acquiring an additional 72,400 shares during the period. Finally, Geode Capital Management LLC raised its holdings in Lincoln Educational Services by 1.9% in the 3rd quarter. Geode Capital Management LLC now owns 636,160 shares of the company's stock worth $7,598,000 after purchasing an additional 11,650 shares during the period. Hedge funds and other institutional investors own 72.23% of the company's stock. About Lincoln Educational Services (Get Free Report)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.Read MoreFive stocks we like better than Lincoln Educational ServicesWhat is the S&P 500 and How It is Distinct from Other IndexesDICK'S Sporting Goods: The Under-the-Radar Buy-and-Hold WinnerBest of the list of Dividend Aristocrats: Build wealth with the aristocrat index2 Cheap Quantum Computing Stocks to Buy Instead of Chasing IonQ Election Stocks: How Elections Affect the Stock MarketMicrosoft Stock Gets a $550 Price Target: Time to Get ExcitedThis instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected]. Insider Buying or Selling at Lincoln Educational Services? Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Lincoln Educational Services and related companies. More From MarketBeat25X predicted for “Amazon Coin” – starting December 16th?This tiny 3-cent crypto just partnered with one of the biggest companies in the world… Amazon. And one team...True Market Insiders7 Meme Stocks That Investors Can Get BehindSince 2020, meme stocks have become a new classification of stocks for investors to consider. Meme stocks refe...MarketBeat“Fed Proof” Your Bank Account with THESE 4 Simple StepsStarting as soon as a few months from now, the United States government will make a sweeping change to bank ac...Weiss Ratings7 Technology Stocks That Analysts Love The MostThere are more than 1,100 technology companies traded on public markets in the United States. Many of these co...MarketBeatTop "Sleeping Giant" Crypto In The Market NowTop "Sleeping Giant" Crypto In The Market Now We're looking at potential returns that could rewrite your fi...Crypto 101 Media7 Best Data Center Stocks to Own for the Long HaulInvesting is often about timing and basic predictive analysis. That is, you want to have your capital in secto...MarketBeatA “Thank You Gift” From Pres. Trump - GeniusThe "Fake Media" has completely ignored Trump's genius "victory gift" to all America First patriots like you. ...Colonial Metals10 Cheap Dividend Stocks to Buy TodayThe stock market has always been unpredictable, but unprecedented world events have made the market even more ...MarketBeat