Lindblad Expeditions (NASDAQ:LIND) Given a $16.00 Price Target by Craig Hallum Analysts

Craig Hallum set a $16.00 price target on Lindblad Expeditions (NASDAQ:LIND - Free Report) in a research note released on Friday, Marketbeat.com reports. The firm currently has a buy rating on the stock.

Separately, Wall Street Zen upgraded Lindblad Expeditions from a "hold" rating to a "buy" rating in a report on Wednesday, May 7th.

Lindblad Expeditions Price Performance

NASDAQ:LIND traded down $0.15 during mid-day trading on Friday, reaching $10.56. 265,326 shares of the company's stock traded hands, compared to its average volume of 305,636. Lindblad Expeditions has a 12-month low of $6.76 and a 12-month high of $14.34. The firm has a market capitalization of $577.72 million, a price-to-earnings ratio of -14.08 and a beta of 2.65. The company has a 50 day moving average price of $9.32 and a 200-day moving average price of $11.10.

Insider Buying and Selling at Lindblad Expeditions

In other news, Director Alex P. Schultz acquired 36,375 shares of the business's stock in a transaction on Monday, April 21st. The shares were acquired at an average cost of $7.97 per share, with a total value of $289,908.75. Following the transaction, the director now owns 283,323 shares in the company, valued at $2,258,084.31. The trade was a 14.73% increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 34.30% of the company's stock.

Institutional Trading of Lindblad Expeditions

Several large investors have recently bought and sold shares of LIND. GAMMA Investing LLC boosted its position in Lindblad Expeditions by 3,188.1% during the 1st 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 in the last quarter. Manchester Capital Management LLC boosted its position in shares of Lindblad Expeditions by 91.3% in the 4th quarter. Manchester Capital Management LLC now owns 2,850 shares of the company's stock worth $34,000 after purchasing an additional 1,360 shares in the last quarter. New York State Teachers Retirement System bought a new stake in shares of Lindblad Expeditions in the 4th quarter worth approximately $38,000. Quantbot Technologies LP boosted its position in shares of Lindblad Expeditions by 28.3% in the 1st quarter. Quantbot Technologies LP now owns 6,090 shares of the company's stock worth $56,000 after purchasing an additional 1,345 shares in the last quarter. Finally, KLP Kapitalforvaltning AS bought a new stake in shares of Lindblad Expeditions in the 4th quarter worth approximately $110,000. 75.94% of the stock is owned by institutional investors.

Lindblad Expeditions Company Profile

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.