Legato Capital Management LLC boosted its position in Lincoln Educational Services Corporation (NASDAQ:LINC – Free Report) by 9.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 125,399 shares of the company’s stock after buying an additional 10,926 shares during the quarter. Legato Capital Management LLC owned approximately 0.40% of Lincoln Educational Services worth $3,028,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. grew its stake in Lincoln Educational Services by 3.6% in the 3rd quarter. Vanguard Group Inc. now owns 1,682,345 shares of the company’s stock valued at $39,535,000 after buying an additional 58,582 shares during the last quarter. Alyeska Investment Group L.P. boosted its holdings in Lincoln Educational Services by 26.1% in the 3rd quarter. Alyeska Investment Group L.P. now owns 1,449,605 shares of the company’s stock valued at $34,066,000 after purchasing an additional 300,000 shares during the period. Wasatch Advisors LP boosted its holdings in Lincoln Educational Services by 4.8% in the 3rd quarter. Wasatch Advisors LP now owns 1,168,375 shares of the company’s stock valued at $27,457,000 after purchasing an additional 53,281 shares during the period. First Eagle Investment Management LLC boosted its holdings in Lincoln Educational Services by 0.5% in the 4th quarter. First Eagle Investment Management LLC now owns 778,630 shares of the company’s stock valued at $18,804,000 after purchasing an additional 4,000 shares during the period. Finally, Cannell Capital LLC boosted its holdings in Lincoln Educational Services by 248.6% in the 3rd quarter. Cannell Capital LLC now owns 576,505 shares of the company’s stock valued at $13,548,000 after purchasing an additional 411,111 shares during the period. 72.23% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at Lincoln Educational Services
In other news, insider Juniper Investment Company, Ll sold 275,000 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $34.55, for a total transaction of $9,501,250.00. Following the completion of the transaction, the insider directly owned 2,088,311 shares of the company’s stock, valued at approximately $72,151,145.05. This trade represents a 11.64% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael A. Plater sold 17,256 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $35.73, for a total transaction of $616,556.88. Following the transaction, the director directly owned 17,568 shares of the company’s stock, valued at $627,704.64. The trade was a 49.55% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 514,928 shares of company stock worth $18,867,072 in the last ninety days. Company insiders own 12.80% of the company’s stock.
Analyst Upgrades and Downgrades
Check Out Our Latest Research Report on LINC
Lincoln Educational Services Price Performance
NASDAQ:LINC opened at $48.40 on Friday. The company has a 50-day moving average of $42.34 and a 200-day moving average of $31.45. The company has a market capitalization of $1.54 billion, a price-to-earnings ratio of 68.17, a PEG ratio of 3.99 and a beta of 0.77. Lincoln Educational Services Corporation has a 52 week low of $17.29 and a 52 week high of $53.50. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.80 and a current ratio of 0.83.
Lincoln Educational Services (NASDAQ:LINC – Get Free Report) last released its quarterly earnings data on Monday, May 11th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.10. The company 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, equities research analysts anticipate that Lincoln Educational Services Corporation will post 0.78 earnings per share for the current fiscal year.
Lincoln Educational Services 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.
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