Hsbc Holdings PLC Sells 32,091 Shares of Lincoln Educational Services Corporation $LINC

Hsbc Holdings PLC trimmed its position in shares of Lincoln Educational Services Corporation (NASDAQ:LINC) by 72.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,320 shares of the company’s stock after selling 32,091 shares during the quarter. Hsbc Holdings PLC’s holdings in Lincoln Educational Services were worth $504,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in LINC. Vanguard Group Inc. raised its holdings in shares of Lincoln Educational Services by 3.6% in the third quarter. Vanguard Group Inc. now owns 1,682,345 shares of the company’s stock valued at $39,535,000 after purchasing an additional 58,582 shares during the last quarter. Alyeska Investment Group L.P. lifted its position in shares of Lincoln Educational Services by 12.2% during the fourth quarter. Alyeska Investment Group L.P. now owns 1,626,623 shares of the company’s stock valued at $39,283,000 after purchasing an additional 177,018 shares in the last quarter. Wasatch Advisors LP boosted its holdings in Lincoln Educational Services by 4.8% during the third quarter. Wasatch Advisors LP now owns 1,168,375 shares of the company’s stock worth $27,457,000 after purchasing an additional 53,281 shares during the last quarter. Needham Investment Management LLC boosted its holdings in 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 purchasing an additional 260,000 shares during the last quarter. Finally, Next Century Growth Investors LLC boosted its holdings in Lincoln Educational Services by 4.1% during the fourth quarter. Next Century Growth Investors LLC now owns 791,271 shares of the company’s stock worth $19,109,000 after purchasing an additional 31,370 shares during the last quarter. Institutional investors own 72.23% of the company’s stock.

Insider Activity at Lincoln Educational Services

In related news, Director James J. Burke, Jr. sold 16,000 shares of Lincoln Educational Services stock in a transaction that occurred on Monday, May 18th. The shares were sold at an average price of $49.54, for a total value of $792,640.00. Following the sale, the director owned 60,005 shares of the company’s stock, valued at approximately $2,972,647.70. The trade was a 21.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Brian K. Meyers sold 40,070 shares of Lincoln Educational Services stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $49.98, for a total transaction of $2,002,698.60. Following the completion of the sale, the chief financial officer directly owned 160,712 shares in the company, valued at $8,032,385.76. This trade represents a 19.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 95,070 shares of company stock valued at $4,617,457 over the last quarter. 12.80% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on LINC shares. Lake Street Capital reaffirmed a “buy” rating and issued a $55.00 price objective on shares of Lincoln Educational Services in a research report on Tuesday, May 12th. Rosenblatt Securities restated a “buy” rating and issued a $60.00 target price on shares of Lincoln Educational Services in a research note on Thursday, June 11th. Barrington Research boosted their target price on Lincoln Educational Services from $45.00 to $56.00 and gave the stock an “outperform” rating in a research note on Tuesday, May 12th. B. Riley Financial upped their target price on Lincoln Educational Services from $46.00 to $56.00 and gave the company a “buy” rating in a report on Tuesday, May 12th. Finally, Northland Securities set a $60.00 price target on Lincoln Educational Services in a research report on Thursday, May 28th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $54.17.

Lincoln Educational Services Price Performance

LINC opened at $41.82 on Friday. The firm has a market cap of $1.33 billion, a P/E ratio of 58.90, a PEG ratio of 3.58 and a beta of 0.79. The firm has a 50-day moving average of $47.59 and a 200 day moving average of $40.37. 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 Corporation has a fifty-two week low of $17.29 and a fifty-two week high of $56.34.

Lincoln Educational Services (NASDAQ:LINC) last posted its quarterly earnings data on Monday, May 11th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.04 by $0.10. The business 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. On average, research analysts expect that Lincoln Educational Services Corporation will post 0.78 EPS for the current year.

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.