Lindblad Expeditions Holdings Inc (NASDAQ:LIND) insider Trey Byus sold 8,970 shares of the firm’s stock in a transaction dated Wednesday, March 13th. The shares were sold at an average price of $15.65, for a total transaction of $140,380.50. Following the completion of the transaction, the insider now directly owns 294,107 shares in the company, valued at approximately $4,602,774.55. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
Trey Byus also recently made the following trade(s):
- On Thursday, March 7th, Trey Byus sold 20,000 shares of Lindblad Expeditions stock. The shares were sold at an average price of $15.18, for a total transaction of $303,600.00.
- On Monday, March 11th, Trey Byus sold 60,000 shares of Lindblad Expeditions stock. The shares were sold at an average price of $15.62, for a total transaction of $937,200.00.
Shares of NASDAQ:LIND traded down $0.35 during mid-day trading on Thursday, reaching $15.16. The company had a trading volume of 152,804 shares, compared to its average volume of 189,957. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 1.62. The stock has a market capitalization of $713.58 million, a PE ratio of 63.17 and a beta of -0.03. Lindblad Expeditions Holdings Inc has a one year low of $9.57 and a one year high of $16.40.
Lindblad Expeditions (NASDAQ:LIND) last posted its quarterly earnings results on Thursday, February 28th. The company reported ($0.10) EPS for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.01. Lindblad Expeditions had a net margin of 3.67% and a return on equity of 9.80%. Research analysts predict that Lindblad Expeditions Holdings Inc will post 0.44 earnings per share for the current year.
Several large investors have recently bought and sold shares of LIND. Northern Trust Corp raised its holdings in shares of Lindblad Expeditions by 1.9% in the 2nd quarter. Northern Trust Corp now owns 269,322 shares of the company’s stock worth $3,569,000 after purchasing an additional 4,943 shares during the period. First Trust Advisors LP bought a new stake in shares of Lindblad Expeditions in the 3rd quarter worth approximately $610,000. Acadian Asset Management LLC raised its holdings in shares of Lindblad Expeditions by 327.7% in the 3rd quarter. Acadian Asset Management LLC now owns 80,624 shares of the company’s stock worth $1,199,000 after purchasing an additional 61,772 shares during the period. JPMorgan Chase & Co. grew its stake in Lindblad Expeditions by 179.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 39,511 shares of the company’s stock valued at $587,000 after buying an additional 25,374 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its stake in Lindblad Expeditions by 7.4% in the 3rd quarter. Bank of New York Mellon Corp now owns 82,900 shares of the company’s stock valued at $1,233,000 after buying an additional 5,726 shares in the last quarter. 59.51% of the stock is currently owned by institutional investors.
Several research firms have commented on LIND. BidaskClub cut shares of Lindblad Expeditions from a “sell” rating to a “strong sell” rating in a research report on Tuesday, January 22nd. TheStreet cut shares of Lindblad Expeditions from a “b” rating to a “c+” rating in a research report on Monday, November 19th. Zacks Investment Research raised shares of Lindblad Expeditions from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a research report on Wednesday, March 6th. Stifel Nicolaus began coverage on shares of Lindblad Expeditions in a research report on Friday, February 15th. They set a “buy” rating and a $17.00 target price on the stock. Finally, Deutsche Bank set a $14.00 target price on shares of Lindblad Expeditions and gave the stock a “hold” rating in a research report on Friday, March 1st. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $16.25.
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Lindblad Expeditions Company Profile
Lindblad Expeditions Holdings, Inc provides expedition cruising and adventure travel services. It offers itineraries that feature up-close encounters with wildlife, nature, history, and culture, as well as promote guest empowerment and 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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