Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Lincoln Educational Services Corp shares valued at $991,981 were sold by Juniper Investment Company, LL on Dec 09 ’24. At $16.19 per share, Juniper Investment Company, LL sold 61,289 shares. The insider’s holdings dropped to 425,544 shares worth approximately $6.37 million following the completion of this transaction.
Also, Juniper Investment Company, LL sold 60,000 shares, netting a total of over 967,848 in proceeds. Following the sale of shares at $16.13 each, the insider now holds 486,833 shares.
Before that, Juniper Investment Company, LL had sold 15,827 shares from its account. In a trade valued at $255,136, the 10% Owner traded Lincoln Educational Services Corp shares for $16.12 each. Upon closing the transaction, the insider’s holdings decreased to 15,827 shares, worth approximately $8.19 million.
As published in their initiating research note from Rosenblatt on September 09, 2022, Lincoln Educational Services Corp [LINC] has been a Buy and the price target has been revised to $8. Analysts at Lake Street started covering the stock with ‘”a Buy”‘ outlook in a report released in late June. As of September 10, 2020, Canaccord Genuity has initiated its “Buy” rating for LINC. Earlier on June 23, 2020, Colliers Securities initiated its rating. Their recommendation was “a Buy” for LINC stock.
Analyzing LINC Stock Performance
During the last five days, there has been a drop of approximately -5.31%. Over the course of the year, Lincoln Educational Services Corp shares have dropped approximately -5.31%. Shares of the company reached a 52-week high of $16.08 on 01/02/25 and a 52-week low of $14.55 on 01/07/25. A 50-day SMA is recorded $15.48, while a 200-day SMA reached $12.65. Nevertheless, trading volume fell to 0.14 million shares from 0.13 million shares the previous day.
Support And Resistance Levels for Lincoln Educational Services Corp (LINC)
According to the 24-hour chart, there is a support level at 14.78, which, if violated, would cause prices to drop to 14.59. In the upper region, resistance lies at 15.12. The next price resistance is at 15.26. RSI (Relative Strength Index) is 43.25 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.47, which suggests the price will decrease in the coming days. Percent R is at 76.24%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
Which companies own the most shares of Lincoln Educational Services Corp (LINC)?
On May 22, 2020, B. Riley FBR assigned a price target of “a Buy” to the stock and initiated coverage with a $4.50.
