Insider Sale: CFO and Treasurer Brian Meyers Sells Shares of Lincoln Educational Services Corp (LINC)

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Nov 18, 2024
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Brian Meyers, the Chief Financial Officer and Treasurer of Lincoln Educational Services Corp (LINC, Financial), executed a sale of 39,215 shares of the company on November 15, 2024, according to a recent SEC Filing. Following this transaction, the insider now owns 233,810 shares of the company.

Lincoln Educational Services Corp specializes in providing diversified career-oriented post-secondary education to recent high school graduates and working adults. The company offers programs in automotive, skilled trades, healthcare, hospitality services, and business and information technology, helping students to achieve professional success through personalized career support.

Over the past year, Brian Meyers has sold a total of 39,215 shares and has not made any purchases of the company's stock. This recent transaction is part of a broader trend observed within the company, where there have been 17 insider sells and no insider buys over the past year.

On the date of the sale, shares of Lincoln Educational Services Corp were priced at $15.59. This pricing gives the company a market cap of approximately $478.104 million. The price-earnings ratio of the stock stands at 58.42, significantly above 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 2.1.

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The GF Value is calculated based on historical trading multiples like the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted by a GuruFocus factor which considers past returns and growth, and future business performance estimates from Morningstar analysts.

This sale by the insider may be of interest to current and potential investors, providing insight into insider confidence and valuation perspectives at Lincoln Educational Services Corp.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.