Strs Ohio Sells 9,400 Shares of Lincoln Educational Services Corporation $LINC

Strs Ohio reduced its position in shares of Lincoln Educational Services Corporation (NASDAQ:LINC) by 34.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 18,200 shares of the company’s stock after selling 9,400 shares during the quarter. Strs Ohio’s holdings in Lincoln Educational Services were worth $740,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in the business. Pillsbury Lake Capital LLC bought a new position in shares of Lincoln Educational Services in the 4th quarter valued at about $17,028,000. Cannell Capital LLC grew its position in shares of Lincoln Educational Services by 248.6% during the 3rd quarter. Cannell Capital LLC now owns 576,505 shares of the company’s stock worth $13,548,000 after buying an additional 411,111 shares during the period. Alyeska Investment Group L.P. raised its stake in shares of Lincoln Educational Services by 26.1% during the third quarter. Alyeska Investment Group L.P. now owns 1,449,605 shares of the company’s stock worth $34,066,000 after buying an additional 300,000 shares during the last quarter. Needham Investment Management LLC raised its stake in shares of Lincoln Educational Services by 30.1% during the fourth quarter. Needham Investment Management LLC now owns 1,125,000 shares of the company’s stock worth $27,169,000 after buying an additional 260,000 shares during the last quarter. Finally, Wasatch Advisors LP lifted its holdings in Lincoln Educational Services by 22.1% in the second quarter. Wasatch Advisors LP now owns 1,115,094 shares of the company’s stock valued at $25,703,000 after buying an additional 202,170 shares during the period. 72.23% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on LINC shares. Weiss Ratings cut shares of Lincoln Educational Services from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 8th. Barrington Research increased their price target on Lincoln Educational Services from $45.00 to $56.00 and gave the company an “outperform” rating in a research note on Tuesday, May 12th. Lake Street Capital reissued a “buy” rating and issued a $55.00 price target on shares of Lincoln Educational Services in a research note on Tuesday, May 12th. Rosenblatt Securities restated a “buy” rating and issued a $60.00 price target on shares of Lincoln Educational Services in a research report on Thursday, June 11th. Finally, Northland Securities set a $60.00 price objective on Lincoln Educational Services in a research note on Thursday, May 28th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $54.17.

Lincoln Educational Services Stock Performance

Shares of NASDAQ:LINC opened at $54.14 on Thursday. The firm’s 50 day simple moving average is $48.19 and its 200 day simple moving average is $38.06. Lincoln Educational Services Corporation has a fifty-two week low of $17.29 and a fifty-two week high of $56.34. The company has a market capitalization of $1.72 billion, a price-to-earnings ratio of 76.25, a P/E/G ratio of 4.74 and a beta of 0.79. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.83 and a quick ratio of 0.80.

Lincoln Educational Services (NASDAQ:LINC) last issued its earnings results on Monday, May 11th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.04 by $0.10. The firm had revenue of $143.96 million during the quarter, compared to the consensus estimate of $135.66 million. Lincoln Educational Services had a net margin of 4.11% and a return on equity of 15.25%. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. As a group, sell-side analysts forecast that Lincoln Educational Services Corporation will post 0.78 earnings per share for the current year.

Insiders Place Their Bets

In related news, CFO Brian K. Meyers sold 40,070 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $49.98, for a total value of $2,002,698.60. Following the sale, the chief financial officer directly owned 160,712 shares of the company’s stock, valued at approximately $8,032,385.76. The trade was a 19.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Alexandra M. Luster sold 18,007 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $44.64, for a total value of $803,832.48. Following the transaction, the senior vice president directly owned 82,356 shares of the company’s stock, valued at $3,676,371.84. This represents a 17.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 95,070 shares of company stock worth $4,617,457. 12.80% of the stock is owned by corporate insiders.

About Lincoln Educational Services

Lincoln Educational Services Corporation is a publicly traded provider of career-focused post-secondary vocational education in the United States. Operating under the Lincoln Tech and Lincoln Culinary Institute brands, the company delivers hands-on technical instruction across high-growth industries. Its mission centers on equipping students with practical skills and industry credentials designed to meet employer needs.

The company’s program offerings span automotive technology, skilled trades, health sciences, information technology, culinary arts and public safety.