Insider Sell: Brian Meyers Sells 60,387 Shares of Lincoln Educational Services Corp (LINC)

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Nov 21, 2024
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On November 19, 2024, Brian Meyers, the Chief Financial Officer and Treasurer of Lincoln Educational Services Corp, sold 60,387 shares of the company. Following this transaction, the insider now owns 173,423 shares of the company. The transaction details can be found in the SEC Filing. Lincoln Educational Services Corp (LINC, Financial) provides diversified career-oriented post-secondary education. The company offers programs in automotive technology, skilled trades, healthcare services, hospitality services, and information technology. It operates through a network of campuses across the United States. 1859399480793788416.png The insider transaction history for Lincoln Educational Services Corp indicates that there have been no insider buys over the past year. However, there have been 18 insider sells during the same period. Over the past year, Brian Meyers has sold a total of 99,602 shares and has not purchased any shares. 1859399534334078976.png As of the date of the recent sale, shares of Lincoln Educational Services Corp were trading at $15.06 each, giving the stock a market cap of $484.151 million. The company's price-earnings ratio stands at 48.06, which is higher than the industry median of 17.23 and also higher than the company’s historical median price-earnings ratio. With a trading price of $15.06 and a GF Value of $7.62, Lincoln Educational Services Corp has a price-to-GF-Value ratio of 1.98, indicating that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.

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