Lindblad Expeditions Holdings Inc. (NASDAQ:LIND) Director John M. Fahey, Jr. bought 20,000 shares of the firm’s stock in a transaction dated Friday, March 2nd. The shares were acquired at an average price of $9.27 per share, for a total transaction of $185,400.00. Following the completion of the transaction, the director now directly owns 41,958 shares in the company, valued at approximately $388,950.66. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Lindblad Expeditions Holdings Inc. (LIND) traded up $0.36 during midday trading on Wednesday, hitting $9.94. 174,554 shares of the stock were exchanged, compared to its average volume of 101,160. The company has a current ratio of 0.91, a quick ratio of 0.90 and a debt-to-equity ratio of 1.54. Lindblad Expeditions Holdings Inc. has a 1 year low of $8.38 and a 1 year high of $11.26. The company has a market capitalization of $439.88, a P/E ratio of -46.43 and a beta of 0.13.
LIND has been the topic of a number of recent analyst reports. Zacks Investment Research lowered shares of Lindblad Expeditions from a “hold” rating to a “sell” rating in a research report on Tuesday, January 9th. BidaskClub raised shares of Lindblad Expeditions from a “strong sell” rating to a “sell” rating in a research report on Wednesday, January 3rd. TheStreet raised shares of Lindblad Expeditions from a “c” rating to a “b” rating in a research report on Thursday, November 16th. Finally, ValuEngine lowered shares of Lindblad Expeditions from a “hold” rating to a “sell” rating in a research report on Thursday, March 1st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $11.25.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Trexquant Investment LP bought a new position in shares of Lindblad Expeditions during the third quarter valued at approximately $128,000. SG Americas Securities LLC bought a new position in shares of Lindblad Expeditions during the third quarter valued at approximately $164,000. Wells Fargo & Company MN boosted its stake in shares of Lindblad Expeditions by 0.3% during the second quarter. Wells Fargo & Company MN now owns 16,086 shares of the company’s stock valued at $169,000 after purchasing an additional 44 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. bought a new position in shares of Lindblad Expeditions during the third quarter valued at approximately $173,000. Finally, The Manufacturers Life Insurance Company boosted its stake in shares of Lindblad Expeditions by 39.6% during the second quarter. The Manufacturers Life Insurance Company now owns 20,088 shares of the company’s stock valued at $211,000 after purchasing an additional 5,694 shares in the last quarter. Hedge funds and other institutional investors own 46.00% of the company’s stock.
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Lindblad Expeditions Company Profile
Lindblad Expeditions Holdings, Inc provides expedition cruising and adventure travel services in the United States. It offers itineraries that feature up-close encounters with wildlife, nature, history, and culture, as well as promote guest interactivity. The company operates expeditions on intimately-scaled ships and interaction between guests, crew, and the teams of scientists, naturalists, researchers, and photographers that participate in the expeditions.
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