Strs Ohio Has $740,000 Stock Position in Lincoln Educational Services Corporation $LINC

Strs Ohio cut its stake in Lincoln Educational Services Corporation (NASDAQ:LINC) by 34.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,200 shares of the company’s stock after selling 9,400 shares during the period. Strs Ohio owned about 0.06% of Lincoln Educational Services worth $740,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Pillsbury Lake Capital LLC bought a new stake in Lincoln Educational Services in the fourth quarter valued at $17,028,000. Cannell Capital LLC lifted its holdings in shares of Lincoln Educational Services by 248.6% during the third quarter. Cannell Capital LLC now owns 576,505 shares of the company’s stock valued at $13,548,000 after acquiring an additional 411,111 shares during the period. Alyeska Investment Group L.P. lifted its holdings 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 valued at $34,066,000 after acquiring an additional 300,000 shares during the period. Needham Investment Management LLC boosted its stake in shares of Lincoln Educational Services by 30.1% in the 4th quarter. Needham Investment Management LLC now owns 1,125,000 shares of the company’s stock valued at $27,169,000 after purchasing an additional 260,000 shares in the last quarter. Finally, Wasatch Advisors LP boosted its stake in shares of Lincoln Educational Services by 22.1% in the 2nd quarter. Wasatch Advisors LP now owns 1,115,094 shares of the company’s stock valued at $25,703,000 after purchasing an additional 202,170 shares in the last quarter. Institutional investors own 72.23% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on LINC shares. Northland Securities set a $60.00 target price on shares of Lincoln Educational Services in a report on Thursday, May 28th. B. Riley Financial boosted their price target on shares of Lincoln Educational Services from $46.00 to $56.00 and gave the company a “buy” rating in a research report on Tuesday, May 12th. 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. Lake Street Capital reaffirmed a “buy” rating and set a $55.00 price objective on shares of Lincoln Educational Services in a research note on Tuesday, May 12th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $60.00 price objective on shares of Lincoln Educational Services in a report on Thursday, June 11th. Five investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, Lincoln Educational Services has an average rating of “Moderate Buy” and an average price target of $54.17.

Insider Activity at Lincoln Educational Services

In other news, SVP Alexandra M. Luster sold 18,007 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $44.64, for a total transaction of $803,832.48. Following the sale, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Kevin M. Carney sold 3,000 shares of the firm’s stock in a transaction that occurred on 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 sale, the director directly owned 25,039 shares of the company’s stock, valued at approximately $1,201,872. This represents a 10.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 95,070 shares of company stock worth $4,617,457. 12.80% of the stock is owned by insiders.

Lincoln Educational Services Price Performance

Shares of LINC stock opened at $54.14 on Thursday. The stock’s fifty day moving average is $48.19 and its 200-day moving average is $38.06. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.80 and a current ratio of 0.83. The stock has a market capitalization of $1.72 billion, a PE ratio of 76.25, a PEG ratio of 4.74 and a beta of 0.79. Lincoln Educational Services Corporation has a 52 week low of $17.29 and a 52 week high of $56.34.

Lincoln Educational Services (NASDAQ:LINC) last released its quarterly earnings results on Monday, May 11th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.04 by $0.10. The business had revenue of $143.96 million during the quarter, compared to analysts’ expectations of $135.66 million. Lincoln Educational Services had a return on equity of 15.25% and a net margin of 4.11%.Lincoln Educational Services has set its FY 2026 guidance at 0.740-0.830 EPS. Equities research analysts expect that Lincoln Educational Services Corporation will post 0.78 EPS 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.