GAMMA Investing LLC Grows Holdings in Lincoln Educational Services Corporation (NASDAQ:LINC)

GAMMA Investing LLC lifted its position in shares of Lincoln Educational Services Corporation (NASDAQ:LINC - Free Report) by 1,952.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 11,823 shares of the company's stock after acquiring an additional 11,247 shares during the period. GAMMA Investing LLC's holdings in Lincoln Educational Services were worth $188,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. McIlrath & Eck LLC lifted its stake in Lincoln Educational Services by 156.4% in the 4th quarter. McIlrath & Eck LLC now owns 2,267 shares of the company's stock valued at $36,000 after purchasing an additional 1,383 shares during the last quarter. Summit Investment Advisors Inc. lifted its stake in Lincoln Educational Services by 39.6% in the 4th quarter. Summit Investment Advisors Inc. now owns 2,731 shares of the company's stock valued at $43,000 after purchasing an additional 775 shares during the last quarter. Morse Asset Management Inc bought a new position in Lincoln Educational Services in the 4th quarter valued at approximately $101,000. Aquatic Capital Management LLC bought a new position in Lincoln Educational Services in the 4th quarter valued at approximately $135,000. Finally, Price T Rowe Associates Inc. MD acquired a new position in Lincoln Educational Services in the 4th quarter valued at approximately $171,000. Institutional investors own 72.23% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Lake Street Capital upped their price target on shares of Lincoln Educational Services from $21.00 to $26.00 and gave the company a "buy" rating in a research report on Tuesday, May 13th. Northland Capmk upgraded shares of Lincoln Educational Services to a "strong-buy" rating in a research report on Thursday, April 24th. B. Riley restated a "buy" rating on shares of Lincoln Educational Services in a research report on Tuesday, May 13th. Northland Securities assumed coverage on shares of Lincoln Educational Services in a research report on Thursday, April 24th. They issued an "outperform" rating and a $24.00 price target for the company. Finally, Rosenblatt Securities upped their price target on shares of Lincoln Educational Services from $24.00 to $25.00 and gave the company a "buy" rating in a research report on Tuesday, May 13th. One equities research analyst has rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Lincoln Educational Services has an average rating of "Buy" and a consensus price target of $24.60.

Insider Buying and Selling at Lincoln Educational Services

In other Lincoln Educational Services news, Director James J. Burke, Jr. sold 5,000 shares of Lincoln Educational Services stock in a transaction on Friday, May 16th. The shares were sold at an average price of $21.42, for a total value of $107,100.00. Following the completion of the sale, the director now directly owns 82,230 shares of the company's stock, valued at approximately $1,761,366.60. The trade was a 5.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Chad D. Nyce sold 6,200 shares of Lincoln Educational Services stock in a transaction on Friday, June 6th. The shares were sold at an average price of $22.93, for a total transaction of $142,166.00. Following the completion of the sale, the chief operating officer now directly owns 170,209 shares of the company's stock, valued at approximately $3,902,892.37. This trade represents a 3.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 51,200 shares of company stock valued at $1,172,166. Corporate insiders own 16.80% of the company's stock.

Lincoln Educational Services Trading Down 0.2%

NASDAQ LINC traded down $0.04 during mid-day trading on Tuesday, reaching $23.05. 174,476 shares of the stock were exchanged, compared to its average volume of 175,987. Lincoln Educational Services Corporation has a one year low of $10.50 and a one year high of $24.20. The stock has a 50 day simple moving average of $20.65 and a 200-day simple moving average of $17.75. The stock has a market cap of $728.15 million, a P/E ratio of 59.10, a P/E/G ratio of 2.14 and a beta of 1.62. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.04 and a quick ratio of 1.01.

Lincoln Educational Services (NASDAQ:LINC - Get Free Report) last announced its earnings results on Monday, May 12th. The company reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.04 by $0.07. Lincoln Educational Services had a net margin of 2.65% and a return on equity of 10.88%. The business had revenue of $117.51 million during the quarter, compared to the consensus estimate of $114.55 million. On average, analysts anticipate that Lincoln Educational Services Corporation will post 0.54 EPS for the current year.

Lincoln Educational Services Profile

Lincoln Educational Services Corporation, together with its subsidiaries, provides various career-oriented post-secondary education services to high school graduates and working adults in the United States. The company operates in two segments, Campus Operations and Transitional. It offers associate's degree, and diploma and certificate programs in automotive technology; skilled trades programs, including electrical, heating and air conditioning repair, welding, computerized numerical control, and electrical and electronic systems technology; health science programs comprising licensed practical nurse, registered nurse, dental assistant, medical assistant, medical administrative assistant, and claims examiner; hospitality service and information technology programs, such as culinary, therapeutic massage, cosmetology, aesthetics, and computer systems support technicians.