Lincoln Educational Services Corp’s recent filing unveils that its 10% Owner Juniper Investment Company, LL unloaded Company’s shares for reported $0.99 million on Dec 09 ’24. In the deal valued at $16.19 per share,61,289 shares were sold. As a result of this transaction, Juniper Investment Company, LL now holds 425,544 shares worth roughly $6.75 million.
Then, Juniper Investment Company, LL sold 60,000 shares, generating $967,848 in total proceeds. Upon selling the shares at $16.13, the 10% Owner now owns 486,833 shares.
Before that, Juniper Investment Company, LL sold 15,827 shares. Lincoln Educational Services Corp shares valued at $255,136 were divested by the 10% Owner at a price of $16.12 per share. As a result of the transaction, Juniper Investment Company, LL now holds 546,833 shares, worth roughly $8.68 million.
Rosenblatt initiated its Lincoln Educational Services Corp [LINC] rating to a Buy in a research note published on September 09, 2022; the price target was $8. A number of analysts have revised their coverage, including Lake Street’s analysts, who began to cover the stock in late June with a ‘”a Buy”‘ rating. Canaccord Genuity began covering LINC with “Buy” recommendation on September 10, 2020. Colliers Securities started covering the stock on June 23, 2020. It rated LINC as “a Buy”.
Price Performance Review of LINC
On Tuesday, Lincoln Educational Services Corp [NASDAQ:LINC] saw its stock jump 4.68% to $15.87. Over the last five days, the stock has lost -1.06%. Lincoln Educational Services Corp shares have risen nearly 58.07% since the year began. Nevertheless, the stocks have risen 60.79% over the past one year. While a 52-week high of $18.74 was reached on 11/11/24, a 52-week low of $8.91 was recorded on 01/31/24. SMA at 50 days reached $14.98, while 200 days put it at $12.41.
Levels Of Support And Resistance For LINC Stock
The 24-hour chart illustrates a support level at 15.41, which if violated will result in even more drops to 14.95. On the upside, there is a resistance level at 16.14. A further resistance level may holdings at 16.41. The Relative Strength Index (RSI) on the 14-day chart is 52.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.34%. Stochastics %K at 26.38% indicates the stock is a holding.
How much short interest is there in Lincoln Educational Services Corp?
A steep rise in short interest was recorded in Lincoln Educational Services Corp stocks on 2024-11-29, dropping by 59462.0 shares to a total of 0.2 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.26 million shares. There was a decline of -29.11%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on May 22, 2020 when B. Riley FBR began covering the stock and recommended ‘”a Buy”‘ rating along with a $4.50 price target.
