A Director at Lincoln Edu (NASDAQ: LINC) is Buying Shares

By Carrie Williams

Today, a Director at Lincoln Edu (LINCResearch Report), Peter Burgess, bought shares of LINC for $8,939.

Following this transaction Peter Burgess’ holding in the company was increased by 3.62% to a total of $255.6K. This is Burgess’ first transaction since reporting a Buy transaction on SYA back in November 2013

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Based on Lincoln Edu’s latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $72.59 million and quarterly net profit of $1.34 million. In comparison, last year the company earned revenue of $70.08 million and had a GAAP net loss of $600K. Currently, Lincoln Edu has an average volume of 19.26K. The company has a one-year high of $3.34 and a one-year low of $1.51.

Starting in March 2019, LINC received 8 Buy ratings in a row.

Peter Burgess’ trades have generated a 23.0% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Lincoln Educational Services Corp. engages in the provision of post-secondary education to high school graduates and working adults. It operates through the following segments: Transportation and Skilled Trades; Healthcare and Other Professions; and Transitional.