Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Director Purchases $289,908.75 in Stock

Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND - Get Free Report) Director Alex P. Schultz purchased 36,375 shares of the company's stock in a transaction dated Monday, April 21st. The stock was bought at an average price of $7.97 per share, with a total value of $289,908.75. Following the completion of the transaction, the director now directly owns 283,323 shares of the company's stock, valued at approximately $2,258,084.31. This represents a 14.73 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Lindblad Expeditions Trading Up 0.1 %

LIND stock traded up $0.01 during midday trading on Friday, hitting $8.89. 169,964 shares of the company's stock were exchanged, compared to its average volume of 305,410. Lindblad Expeditions Holdings, Inc. has a 1-year low of $6.35 and a 1-year high of $14.34. The business has a 50-day simple moving average of $9.66 and a two-hundred day simple moving average of $11.15. The stock has a market capitalization of $485.27 million, a PE ratio of -11.85 and a beta of 2.87.

Analysts Set New Price Targets

Separately, StockNews.com cut shares of Lindblad Expeditions from a "buy" rating to a "hold" rating in a research report on Monday, March 3rd.

Institutional Trading of Lindblad Expeditions

Institutional investors and hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC increased its position in shares of Lindblad Expeditions by 3,188.1% during the first quarter. GAMMA Investing LLC now owns 2,762 shares of the company's stock valued at $26,000 after acquiring an additional 2,678 shares during the last quarter. Manchester Capital Management LLC raised its position in Lindblad Expeditions by 91.3% in the fourth quarter. Manchester Capital Management LLC now owns 2,850 shares of the company's stock valued at $34,000 after purchasing an additional 1,360 shares during the period. New York State Teachers Retirement System acquired a new position in Lindblad Expeditions during the fourth quarter worth $38,000. KLP Kapitalforvaltning AS purchased a new position in shares of Lindblad Expeditions during the fourth quarter worth $110,000. Finally, ProShare Advisors LLC acquired a new stake in shares of Lindblad Expeditions in the fourth quarter valued at $120,000. 75.94% of the stock is currently owned by hedge funds and other institutional investors.

About Lindblad Expeditions

Lindblad Expeditions Holdings, Inc provides marine expedition adventures and travel experience worldwide. It operates through Lindblad and Land Experiences segment. Lindblad segment provides ship-based expeditions aboard customized, nimble, and intimately-scaled vessels, which offers up-close experiences in the planet's wild and remote places, and capitals of culture; and offers expedition ship which is equipped with state-of-the-art tools for in-depth exploration with infrastructure and ports, such as Antarctica and the Arctic, and places that accessed by a ship comprising Galápagos Islands, Alaska, Baja California's Sea of Cortez and Panama, and foster engagement activities.