Settings Today

Insider Selling: Lincoln Educational Services Co. (NASDAQ:LINC) Major Shareholder Sells $739,001.69 in Stock

Insider selling refers to the sale of securities by an individual or entity that has access to confidential information about a company. In this case, Juniper Investment Company, Ll is a major shareholder of Lincoln Educational Services Co. NASDAQLINC and sold 73,241 shares of the business's stock in a transaction on Thursday, February 29th. The stock was sold at an average price of $10.09, for a total transaction of $739,001.69.

It is important to note that insider selling can have an impact on the company's stock price and should be closely monitored by investors. The SEC (Securities and Exchange Commission) has regulations in place to prevent insiders from taking advantage of their access to confidential information for personal gain. Insiders are required to disclose any transactions they make with the company's securities, and the SEC will investigate any potential violations of these regulations.

It is also worth noting that the sale of shares by an insider does not necessarily indicate anything negative about the company or its stock price. It could simply be a strategic decision made by the insider to diversify their investment portfolio or to take advantage of market conditions. However, it is important for investors to carefully monitor any insider selling activity and to consider the potential impact on the company's stock price.


Published 263 days ago

Go Back to Reading NewsBack Read News Collect this News Article


For peering opportunity Autonomouse System Number: AS401345 Custom Software Development at ErnesTech Email AddressContact: [email protected]