Nasdaq
华尔街日报Trade Alert: Independent Director Of Lincoln Educational Services Kevin Carney Has Sold Stock
Anyone interested in Lincoln Educational Services Corporation (NASDAQ:LINC) should probably be aware that the Independent Director, Kevin Carney, recently divested US$480k worth of shares in the company, at an average price of US$22.34 each. The eyebrow raising move amounted to a reduction of 43% in their holding.
The Last 12 Months Of Insider Transactions At Lincoln Educational Services
Over the last year, we can see that the biggest insider sale was by the Independent Director, Carlton Rose, for US$709k worth of shares, at about US$23.63 per share. So what is clear is that an insider saw fit to sell at around the current price of US$22.28. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. In this case, the big sale took place at around the current price, so it's not too bad (but it's still not a positive).
In the last year Lincoln Educational Services insiders didn't buy any company stock. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!
View our latest analysis for Lincoln Educational Services
If you are like me, then you will not want to miss this free list of small cap stocks that are not only being bought by insiders but also have attractive valuations.
Insider Ownership Of Lincoln Educational Services
For a common shareholder, it is worth checking how many shares are held by company insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Lincoln Educational Services insiders own about US$48m worth of shares. That equates to 6.7% of the company. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.
So What Does This Data Suggest About Lincoln Educational Services Insiders?
An insider sold Lincoln Educational Services shares recently, but they didn't buy any. Looking to the last twelve months, our data doesn't show any insider buying. But since Lincoln Educational Services is profitable and growing, we're not too worried by this. Insider ownership isn't particularly high, so this analysis makes us cautious about the company. We're in no rush to buy! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To help with this, we've discovered 2 warning signs (1 is a bit concerning!) that you ought to be aware of before buying any shares in Lincoln Educational Services.
But note: Lincoln Educational Services may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.