Form 4: Juniper Investment Company Sells Shares in Lincoln Educational Services Corp
SEC Form 4
Juniper Investment Company, a 10% owner of Lincoln Educational Services Corp, sold a portion of its holdings on March 6, 2024.
Summary
- Juniper Investment Company, LLC, along with Juniper Targeted Opportunities, L.P., and Juniper Targeted Opportunity Fund, L.P., reported transactions in Lincoln Educational Services Corp (LINC) stock on March 6, 2024.
- Juniper Investment Company sold 250,000 shares of common stock at a price of $9.95 per share.
- Additionally, 36,997 shares were sold at a weighted average price of $10.1021, with the price ranging from $10.080 to $10.120.
- Following these transactions, Juniper Targeted Opportunities, L.P. beneficially owns 996,811 shares, and Juniper Targeted Opportunity Fund, L.P. beneficially owns 2,363,311 shares.
- Juniper Investment Company disclaims beneficial ownership of these shares except to the extent of its pecuniary interest.
Sentiment
Score: 5
Explanation: Neutral sentiment as it reports a transaction without expressing any positive or negative views about the company's prospects.
Industry Context
This filing indicates activity by a major shareholder in Lincoln Educational Services Corp, which could be of interest to other investors and industry observers.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of the reported transactions: sale of shares. |
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