Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Director Acquires $246,629.52 in Stock

Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND - Get Free Report) Director Alex P. Schultz acquired 33,016 shares of the company's stock in a transaction on Friday, April 19th. The stock was purchased at an average cost of $7.47 per share, for a total transaction of $246,629.52. Following the completion of the transaction, the director now owns 126,400 shares in the company, valued at approximately $944,208. The purchase was disclosed in a document filed with the SEC, which is available at this link.

Lindblad Expeditions Trading Up 0.4 %

LIND stock traded up $0.03 on Monday, hitting $7.25. The company's stock had a trading volume of 242,505 shares, compared to its average volume of 270,620. Lindblad Expeditions Holdings, Inc. has a 1 year low of $5.47 and a 1 year high of $12.13. The stock has a market cap of $387.37 million, a price-to-earnings ratio of -7.71 and a beta of 2.84. The firm has a 50 day moving average of $8.58 and a two-hundred day moving average of $8.49.

Lindblad Expeditions (NASDAQ:LIND - Get Free Report) last announced its earnings results on Wednesday, February 28th. The company reported ($0.53) earnings per share for the quarter, missing the consensus estimate of ($0.30) by ($0.23). The firm had revenue of $125.36 million for the quarter, compared to analyst estimates of $127.70 million. As a group, equities analysts forecast that Lindblad Expeditions Holdings, Inc. will post -0.46 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Cacti Asset Management LLC raised its position in Lindblad Expeditions by 3.8% during the 4th quarter. Cacti Asset Management LLC now owns 41,500 shares of the company's stock worth $473,000 after buying an additional 1,500 shares during the last quarter. Swiss National Bank lifted its position in Lindblad Expeditions by 2.1% in the third quarter. Swiss National Bank now owns 76,141 shares of the company's stock valued at $548,000 after purchasing an additional 1,600 shares during the period. Algert Global LLC increased its position in Lindblad Expeditions by 1.8% during the 3rd quarter. Algert Global LLC now owns 100,275 shares of the company's stock worth $722,000 after purchasing an additional 1,760 shares during the period. Natixis Advisors L.P. raised its stake in shares of Lindblad Expeditions by 7.7% during the 4th quarter. Natixis Advisors L.P. now owns 29,984 shares of the company's stock worth $337,000 after buying an additional 2,139 shares in the last quarter. Finally, Trexquant Investment LP lifted its holdings in shares of Lindblad Expeditions by 5.0% in the 3rd quarter. Trexquant Investment LP now owns 70,904 shares of the company's stock valued at $511,000 after buying an additional 3,371 shares during the period. 75.94% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on LIND. Deutsche Bank Aktiengesellschaft cut their price target on Lindblad Expeditions from $11.00 to $10.00 and set a "hold" rating on the stock in a research note on Tuesday, April 2nd. StockNews.com cut Lindblad Expeditions from a "hold" rating to a "sell" rating in a research note on Thursday, April 4th.

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.