American Century Companies Inc. Purchases 51,650 Shares of Lincoln Educational Services Corporation $LINC

American Century Companies Inc. boosted its position in Lincoln Educational Services Corporation (NASDAQ:LINC) by 109.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 99,054 shares of the company’s stock after purchasing an additional 51,650 shares during the period. American Century Companies Inc. owned 0.31% of Lincoln Educational Services worth $1,572,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. McIlrath & Eck LLC grew its holdings in shares of Lincoln Educational Services by 156.4% during the fourth quarter. McIlrath & Eck LLC now owns 2,267 shares of the company’s stock worth $36,000 after purchasing an additional 1,383 shares during the last quarter. Morse Asset Management Inc bought a new stake in Lincoln Educational Services during the 4th quarter worth approximately $101,000. Parallel Advisors LLC increased its position in Lincoln Educational Services by 20.3% in the 1st quarter. Parallel Advisors LLC now owns 8,878 shares of the company’s stock valued at $141,000 after acquiring an additional 1,500 shares during the period. Price T Rowe Associates Inc. MD bought a new position in shares of Lincoln Educational Services during the fourth quarter valued at $171,000. Finally, GAMMA Investing LLC raised its stake in shares of Lincoln Educational Services by 1,952.6% during the first quarter. GAMMA Investing LLC now owns 11,823 shares of the company’s stock valued at $188,000 after acquiring an additional 11,247 shares during the last quarter. 72.23% of the stock is currently owned by institutional investors.

Insider Activity

In other news, COO Chad D. Nyce sold 6,200 shares of the stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $22.93, for a total transaction of $142,166.00. Following the transaction, the chief operating officer owned 170,209 shares of the company’s stock, valued at $3,902,892.37. This represents a 3.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 16.80% of the stock is owned by company insiders.

Lincoln Educational Services Stock Performance

Shares of LINC stock opened at $19.03 on Wednesday. The firm has a 50 day moving average of $21.74 and a 200-day moving average of $19.74. The company has a market cap of $601.73 million, a price-to-earnings ratio of 41.37, a price-to-earnings-growth ratio of 1.66 and a beta of 1.31. The company has a quick ratio of 0.85, a current ratio of 0.90 and a debt-to-equity ratio of 0.24. Lincoln Educational Services Corporation has a 52 week low of $11.38 and a 52 week high of $25.76.

Lincoln Educational Services (NASDAQ:LINC) last issued its earnings results on Monday, August 11th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.05. The business had revenue of $116.47 million for the quarter, compared to analyst estimates of $113.96 million. Lincoln Educational Services had a net margin of 3.05% and a return on equity of 11.20%. Lincoln Educational Services has set its FY 2025 guidance at EPS. FY 2027 guidance at EPS. On average, equities analysts forecast that Lincoln Educational Services Corporation will post 0.54 earnings per share for the current year.

Wall Street Analyst Weigh In

LINC has been the topic of several analyst reports. Zacks Research raised shares of Lincoln Educational Services to a “hold” rating in a research note on Friday, August 8th. B. Riley reiterated a “buy” rating on shares of Lincoln Educational Services in a research report on Tuesday, May 13th. Rosenblatt Securities raised their price objective on Lincoln Educational Services from $25.00 to $27.00 and gave the stock a “buy” rating in a research report on Tuesday, August 12th. Lake Street Capital lifted their price objective on Lincoln Educational Services from $21.00 to $26.00 and gave the stock a “buy” rating in a research note on Tuesday, May 13th. Finally, Barrington Research upped their target price on Lincoln Educational Services from $22.00 to $25.00 and gave the company an “outperform” rating in a report on Monday, May 12th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $25.00.

Lincoln Educational Services Company 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.