Lincoln Educational Services (LINC)

Lincoln Technical Institute, Inc. • New England Acquisition LLC • Nashville Acquisition, LLC • Euphoria Acquisition, LLC • LTI Holdings, LLC • NN Acquisition, LLC ...

IRS number

571150621

LINC stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$20.00

Low target

$20.00

High target

$20.00

Latest filings (excl ownership)

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EFFECT

Notice of effectiveness

12 Nov 24

Lincoln Educational Services Reports Double Digit Growth in Revenue and Student Starts for the Third Quarter 2024 and Conference Call Today at 10 a.m. Eastern Standard Time

8 Aug 24

Lincoln Educational Services Reports Double Digit Growth in Revenue and Student Starts During Second Quarter 2024

8 Aug 24

8-K

Entry into a Material Definitive Agreement

23 Jul 24

8-K

Departure of Directors or Certain Officers

1 Jul 24

8-K

Submission of Matters to a Vote of Security Holders

6 May 24

Transcripts

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LINC

Earnings call transcript

2024 Q3

11 Nov 24

LINC

Earnings call transcript

2024 Q2

8 Aug 24

LINC

Earnings call transcript

2024 Q1

6 May 24

LINC

Earnings call transcript

2023 Q4

26 Feb 24

LINC

Earnings call transcript

2023 Q3

6 Nov 23

LINC

Earnings call transcript

2023 Q2

7 Aug 23

LINC

Earnings call transcript

2023 Q2

7 Aug 23

LINC

Earnings call transcript

2023 Q1

8 May 23

LINC

Earnings call transcript

2022 Q4

27 Feb 23

LINC

Earnings call transcript

2022 Q3

7 Nov 22

Latest ownership filings

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Change in insider ownership

9 Dec 24

Change in insider ownership

4 Dec 24

SC 13D/A

Juniper Investment Company, LLC

2 Dec 24

Change in insider ownership

Notice of proposed sale of securities

25 Nov 24

Change in insider ownership

Notice of proposed sale of securities

19 Nov 24

144

Notice of proposed sale of securities

18 Nov 24

Financial summary

Financial statements Chart LINC financial data

Quarter (USD)	Sep 24	Jun 24	Mar 24	Dec 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	53.96 mm	53.96 mm	53.96 mm	53.96 mm	53.96 mm	53.96 mm
Cash burn (monthly)	4.34 mm	(no burn)	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	17.41 mm	n/a	n/a	n/a	n/a	n/a
Cash remaining	36.55 mm	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	8.4	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

LINC institutional ownership history Ownership history

71.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	110	108	+1.9%
Opened positions	13	22	-40.9%
Closed positions	11	9	+22.2%
Increased positions	51	38	+34.2%
Reduced positions	31	34	-8.8%

13F shares	Current	Prev Q	Change
Total value	249.82 bn	266.92 bn	-6.4%
Total shares	22.62 mm	25.01 mm	-9.5%
Total puts	28.10 k	38.60 k	-27.2%
Total calls	114.40 k	32.00 k	+257.5%
Total put/call ratio	0.2	1.2	-79.6%

Largest owners	Shares	Value	Change
Juniper Investment	3.24 mm	$38.66 bn	-2.5%
BlackRock	1.96 mm	$23.37 bn	NEW
TALANTA Investment	1.57 mm	$0.00	0.0%
Heartland Advisors	1.48 mm	$17.70 bn	-14.7%
Vanguard	1.40 mm	$16.76 bn	+3.5%
Dimensional Fund Advisors	1.02 mm	$12.18 bn	+5.1%
Punch & Associates Investment Management	923.80 k	$11.03 bn	-0.1%
First Eagle Investment Management	791.65 k	$9.45 bn	+3.0%
Alyeska Investment	784.65 k	$9.37 bn	+16.1%
Renaissance Technologies	648.38 k	$7.74 bn	+0.4%

Largest transactions	Shares	Bought/sold	Change
Herr Investment	0.00	-2.35 mm	EXIT
BlackRock	1.96 mm	+1.96 mm	NEW
BLK BlackRock	0.00	-1.86 mm	EXIT
Cannell Capital	0.00	-313.26 k	EXIT
Heartland Advisors	1.48 mm	-255.16 k	-14.7%
Needham Investment Management	600.00 k	+250.00 k	+71.4%
Wasatch Advisors	227.47 k	-237.59 k	-51.1%
Next Century Growth Investors	563.18 k	+231.60 k	+69.8%
Russell Investments	210.73 k	+168.15 k	+394.9%
G2 Investment Partners Management	152.22 k	+112.97 k	+287.9%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

LINC insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
9 Dec 24	Juniper Investment	Common Stock, no par value per share	Sell	Dispose S	Yes	No	16.1853	61,289	991.98 k	425,544
6 Dec 24	Juniper Investment	Common Stock, no par value per share	Sell	Dispose S	Yes	No	16.1308	60,000	967.85 k	486,833
5 Dec 24	Juniper Investment	Common Stock, no par value per share	Sell	Dispose S	Yes	No	16.1203	15,827	255.14 k	546,833
4 Dec 24	Juniper Investment	Common Stock, no par value per share	Sell	Dispose S	Yes	No	16.1671	37,034	598.73 k	562,660
3 Dec 24	Juniper Investment	Common Stock, no par value per share	Sell	Dispose S	Yes	No	16.4522	1,184	19.48 k	599,694
2 Dec 24	Juniper Investment	Common Stock, no par value per share	Sell	Dispose S	Yes	No	16.5118	4,127	68.14 k	600,878
27 Nov 24	Juniper Investment	Common Stock, no par value per share	Sell	Dispose S	Yes	No	16.6177	60,000	997.06 k	605,005
26 Nov 24	Juniper Investment	Common Stock, no par value per share	Sell	Dispose S	Yes	No	16.5002	4,921	81.20 k	665,005
25 Nov 24	Chad D Nyce	Common Stock	Sell	Dispose S	No	No	16.5	9,977	164.62 k	144,669
25 Nov 24	Juniper Investment	Common Stock, no par value per share	Sell	Dispose S	Yes	No	16.5208	34,997	578.18 k	669,926