On November 14, 2024, Director Michael Plater sold 10,471 shares of Lincoln Educational Services Corp (LINC, Financial) at a price of $15.41 per share. The transaction, detailed in the SEC Filing, resulted in a total sale amount of approximately $161,358. The insider now owns 31,608 shares of the company.
Lincoln Educational Services Corp operates in the field of career-oriented post-secondary education, providing specialized training to students in a variety of fields, including automotive, skilled trades, healthcare, cosmetology, and culinary arts.
Over the past year, the insider transaction history for Lincoln Educational Services Corp shows a trend of more insider sales than buys. Specifically, there have been 17 insider sales and no insider buys. This recent sale by Director Michael Plater follows this trend.
The shares of Lincoln Educational Services Corp were trading at $15.41 on the day of the sale. This pricing gives the company a market cap of approximately $478.104 million. The price-earnings ratio of the company stands at 58.42, which is significantly higher than both the industry median of 16.905 and the company's historical median.
According to the GF Value, the intrinsic value estimate for Lincoln Educational Services Corp is $7.44 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 2.07.
This valuation and the insider selling trend might be of interest to investors looking for cues on the stock's future movements and the perspectives of company insiders on the stock's current valuation.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
