Lincoln Educational Services Corp (LINC, Financial), a provider of diversified career-oriented post-secondary education to recent high school graduates and working adults, has reported an insider sale according to a recent SEC filing. Director J Morrow sold 20,252 shares of the company on February 29, 2024.
The transaction was disclosed in a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a price of $10.05 per share, which resulted in a total sale amount of $203,532.60. Following the sale, the insider's stake in Lincoln Educational Services Corp has decreased.
Over the past year, J Morrow has sold a total of 119,044 shares of Lincoln Educational Services Corp and has not made any purchases of the stock. The insider transaction history for the company shows a pattern of sales by insiders, with 16 insider sells and no insider buys over the past year.
The market capitalization of Lincoln Educational Services Corp stands at $315.473 million. The stock's price-earnings ratio is 11.75, which is lower than the industry median of 19.745 but higher than the company’s historical median price-earnings ratio.
Shares of Lincoln Educational Services Corp were trading at $10.05 on the day of the insider's recent sale. The stock's price-to-GF-Value ratio is 1.49, indicating that it is significantly overvalued according to the GF Value.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts. Despite the current market price, the intrinsic value estimate suggests a GF Value of $6.76 for Lincoln Educational Services Corp.
The insider's recent sale may provide investors with insight into the insider's perspective on the stock's valuation and future prospects. However, investors should consider a wide range of factors, including market conditions and individual financial objectives, before making investment decisions.
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.
