Bank of America Corp DE Sells 67,529 Shares of Lincoln Educational Services Corporation $LINC

Key Points

• Bank of America reduced its Lincoln Educational Services stake by 46.4%, selling 67,529 shares during the first quarter and retaining 77,911 shares worth approximately $3.17 million.
• Lincoln Educational Services reported quarterly revenue of $142.56 million and earnings of $0.06 per share, exceeding analysts’ revenue expectations; management issued fiscal 2026 EPS guidance of $0.74–$0.83.
• Despite recent target-price cuts, analysts maintain a “Moderate Buy” consensus, with four Buy ratings, two Holds and an average price target of $50.67 versus the stock’s reported $25.43 opening price.

Bank of America Corp DE lowered its stake in Lincoln Educational Services Corporation (NASDAQ:LINC - Free Report) by 46.4% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 77,911 shares of the company's stock after selling 67,529 shares during the period. Bank of America Corp DE owned approximately 0.25% of Lincoln Educational Services worth $3,169,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. AQR Capital Management LLC bought a new position in shares of Lincoln Educational Services during the first quarter worth approximately $213,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Lincoln Educational Services by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,657 shares of the company's stock valued at $248,000 after acquiring an additional 681 shares during the period. Empowered Funds LLC grew its stake in shares of Lincoln Educational Services by 1.9% in the first quarter. Empowered Funds LLC now owns 47,648 shares of the company's stock valued at $756,000 after acquiring an additional 879 shares in the last quarter. Strs Ohio acquired a new position in shares of Lincoln Educational Services in the first quarter valued at about $48,000. Finally, Legal & General Group Plc increased its position in Lincoln Educational Services by 156.1% during the second quarter. Legal & General Group Plc now owns 5,740 shares of the company's stock worth $132,000 after acquiring an additional 3,499 shares during the period. 72.23% of the stock is owned by institutional investors.

Lincoln Educational Services Stock Performance

Lincoln Educational Services stock opened at $25.43 on Monday. Lincoln Educational Services Corporation has a 12-month low of $17.29 and a 12-month high of $56.34. The company has a quick ratio of 0.92, a current ratio of 0.96 and a debt-to-equity ratio of 0.28. The business's 50-day moving average price is $40.94 and its two-hundred day moving average price is $41.15. The stock has a market cap of $806.64 million, a PE ratio of 35.32, a P/E/G ratio of 2.19 and a beta of 0.83.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last posted its earnings results on Monday, August 10th. The company reported $0.06 EPS for the quarter. Lincoln Educational Services had a net margin of 3.99% and a return on equity of 14.47%. The firm had revenue of $142.56 million during 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. As a group, analysts expect that Lincoln Educational Services Corporation will post 0.77 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on LINC. Weiss Ratings cut shares of Lincoln Educational Services from a "buy (b-)" rating to a "hold (c+)" rating in a report on Monday, August 3rd. B. Riley Financial increased their price target on Lincoln Educational Services from $46.00 to $56.00 and gave the stock a "buy" rating in a research report on Tuesday, May 12th. Rosenblatt Securities cut their target price on Lincoln Educational Services from $60.00 to $50.00 and set a "buy" rating for the company in a research report on Tuesday, August 11th. Lake Street Capital reduced their target price on Lincoln Educational Services from $55.00 to $50.00 and set a "buy" rating on the stock in a report on Tuesday, August 11th. Finally, Barrington Research set a $50.00 price target on Lincoln Educational Services in a research report on Monday, August 10th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $50.67.

Insider Activity at Lincoln Educational Services

In related news, SVP Alexandra M. Luster sold 18,007 shares of Lincoln Educational Services 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 in the company, valued at $3,676,371.84. This trade represents a 17.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Kevin M. Carney sold 3,000 shares of the firm's stock in a transaction 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 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 23,000 shares of company stock valued at $1,047,702 in the last ninety days. 12.80% of the stock is currently owned by insiders.

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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