Legacy Education (LGCY)
Operates California career colleges training nurses and allied-health professionals.
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Delivers career-focused postsecondary education through California colleges, earning tuition and lab fees over instructional periods and recognizing books and other materials when delivered. Relies on enrollment, accredited programs, and access to federal student aid.
Operates High Desert Medical College, Central Coast College, Integrity College of Health, and Contra Costa Medical Career College, a California network of accredited career schools. Programs focus on nursing, medical imaging, dental, veterinary, and other allied-health credentials, combining practical campus instruction with approved hybrid or online components.
Earns most revenue from tuition and lab fees recognized across instruction periods, while books, registration, and other fees are recognized at a point in time. Locates campuses near hospitals and clinics to facilitate externships and employment access, supported by centralized infrastructure across the schools.
Depends on student enrollment, federal student-aid eligibility, institutional and program accreditation, California authorization, professional licensing, credentialed faculty, clinical capacity, and student outcomes. Digital marketing supplies most new leads, while referrals supplement the enrollment funnel.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| May 15, 2026 | Northland Securities | Target | Target: — | Target: $14.50 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Mar 31, 2026Cash & short-term investments $21.7M · Total debt $15.5M · Total assets $75.5M · Shareholders' equity $49.5M
- Revenue
- $21.4M
- Operating income
- $3.9M
- Net income
- $3.0M
No dividends on record.
| Institutions | 50.08% | 6.34M shares | |
|---|---|---|---|
| 50 holders · as of Jun 30, 2026 | |||
| Insiders | 20.02% | 2.53M shares | |
| 2 holders · as of Sep 9, 2026 | |||
| Other | 29.90% | 3.78M shares | |
| remainder | |||
12.65M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
LeeAnn Rohmann1Insiderdirector, officer: Chief Executive Officer | 10.32% | 1.32M | filed Sep 9, 2026 |
deRoseInsider | 9.70% | 1.23M | filed Oct 4, 2024 |
Royce & Associates LPInstitution | 7.08% | 896,387 | as of Jun 30, 2026 |
Holos Integrated Wealth LLCInstitution | 6.74% | 852,550 | as of Jun 30, 2026 |
Kennedy Capital Management LLCInstitution | 4.76% | 602,745 | as of Jun 30, 2026 |
- LeeAnn Rohmann's transaction reports restate only vehicles that traded; the 2024 ownership statement (1.32M) less the 10.0K net shares sold since is used instead.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 10, 2026 | LeeAnn Rohmann | director, officer: Chief Executive Officer | −10,000 | $10.93 |
- Universal Technical Institute
Scaled direct rival in healthcare career training through Concorde.
- American Public Education
Large pre-licensure nursing and allied-health educator.
- Lincoln Educational Services
Vocational rival in practical nursing and entry-level allied health.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Legacy Education | $10.37 | +2.78% | $127.7M | 16.3 | 14.5 | 1.6 | +15.0% |
| Universal Technical Institute | $20.76 | +0.19% | $1.14B | 33.5 | 30.2 | 1.3 | +7.2% |
| American Public Education | $43.25 | −0.41% | $796.7M | 17.9 | 16.9 | 1.2 | +5.5% |
| Lincoln Educational Services | $24.99 | −0.75% | $798.7M | 34.0 | 26.8 | 1.4 | +22.4% |
| Median | 33.5 | 26.8 | 1.3 | +7.2% |