Pillsbury Lake Capital LLC Makes New Investment in Lincoln Educational Services Corporation $LINC

Pillsbury Lake Capital LLC purchased a new stake in Lincoln Educational Services Corporation (NASDAQ:LINC) in the 2nd quarter, according to its most recent filing with the SEC. The fund purchased 356,187 shares of the company’s stock, valued at approximately $17,773,731,000. Lincoln Educational Services comprises about 4.9% of Pillsbury Lake Capital LLC’s portfolio, making the stock its 3rd largest position.

A number of other hedge funds and other institutional investors have also made changes to their positions in LINC. Global Retirement Partners LLC acquired a new position in Lincoln Educational Services in the second quarter valued at $32,000. Royal Bank of Canada boosted its stake in Lincoln Educational Services by 246.7% in the 4th quarter. Royal Bank of Canada now owns 1,536 shares of the company’s stock worth $38,000 after buying an additional 1,093 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Lincoln Educational Services in the 2nd quarter valued at about $40,000. Strs Ohio purchased a new position in shares of Lincoln Educational Services during the 1st quarter worth about $48,000. Finally, Freestone Grove Partners LP purchased a new position in shares of Lincoln Educational Services during the 2nd quarter worth about $88,000. Hedge funds and other institutional investors own 72.23% of the company’s stock.

Insider Transactions at Lincoln Educational Services

In other Lincoln Educational Services news, Director Kevin M. Carney sold 3,000 shares of the business’s stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $48.00, for a total transaction of $144,000.00. Following the completion of the transaction, the director directly owned 25,039 shares of the company’s stock, valued at $1,201,872. The trade was a 10.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at 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 transaction of $803,832.48. Following the completion of the transaction, the senior vice president owned 82,356 shares of the company’s stock, valued at approximately $3,676,371.84. This trade represents a 17.94% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 23,000 shares of company stock worth $1,047,702. Corporate insiders own 12.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Rosenblatt Securities lowered their target price on shares of Lincoln Educational Services from $60.00 to $50.00 and set a “buy” rating for the company in a report on Tuesday, August 11th. Lake Street Capital lowered their price objective on shares of Lincoln Educational Services from $55.00 to $50.00 and set a “buy” rating for the company in a research note on Tuesday, August 11th. B. Riley Financial upped their price objective on Lincoln Educational Services from $46.00 to $56.00 and gave the stock a “buy” rating in a report on Tuesday, May 12th. Barrington Research set a $50.00 target price on Lincoln Educational Services in a research report on Monday, August 10th. Finally, Weiss Ratings cut Lincoln Educational Services from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, August 3rd. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Lincoln Educational Services has a consensus rating of “Moderate Buy” and an average target price of $50.67.

Lincoln Educational Services Stock Performance

Shares of Lincoln Educational Services stock opened at $25.61 on Thursday. The firm has a market cap of $812.37 million, a PE ratio of 35.57, a price-to-earnings-growth ratio of 2.17 and a beta of 0.83. The firm’s 50-day simple moving average is $41.86 and its 200-day simple moving average is $41.16. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.92 and a current ratio of 0.96. Lincoln Educational Services Corporation has a 1 year low of $17.29 and a 1 year high of $56.34.

Lincoln Educational Services (NASDAQ:LINC) last announced its quarterly earnings data on Monday, August 10th. The company reported $0.06 earnings per share (EPS) for the quarter. Lincoln Educational Services had a return on equity of 14.47% and a net margin of 3.99%.The firm had revenue of $142.56 million for the quarter, compared to analysts’ expectations of $139.49 million. Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. Equities analysts forecast that Lincoln Educational Services Corporation will post 0.78 earnings per share for the current fiscal year.

Lincoln Educational Services Company Profile

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.