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

Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Director Alex P. Schultz acquired 33,016 shares of the firm’s stock in a transaction on Friday, April 19th. The stock was purchased at an average price of $7.47 per share, for a total transaction of $246,629.52. Following the completion of the transaction, the director now directly owns 126,400 shares in the company, valued at approximately $944,208. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Lindblad Expeditions Stock Performance

Shares of NASDAQ LIND opened at $7.65 on Thursday. The firm has a 50 day moving average price of $8.55 and a 200 day moving average price of $8.49. The stock has a market cap of $408.73 million, a P/E ratio of -8.14 and a beta of 2.84. Lindblad Expeditions Holdings, Inc. has a 52-week low of $5.47 and a 52-week high of $12.13.

Lindblad Expeditions (NASDAQ:LIND) last released its quarterly earnings data on Wednesday, February 28th. The company reported ($0.53) EPS for the quarter, missing analysts’ consensus estimates of ($0.30) by ($0.23). The company had revenue of $125.36 million for the quarter, compared to analyst estimates of $127.70 million. Analysts predict that Lindblad Expeditions Holdings, Inc. will post -0.46 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently commented on LIND shares. Deutsche Bank Aktiengesellschaft lowered their price objective on Lindblad Expeditions from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Tuesday, April 2nd. StockNews.com lowered shares of Lindblad Expeditions from a “hold” rating to a “sell” rating in a report on Thursday, April 4th.

Institutional Trading of Lindblad Expeditions

A number of large investors have recently bought and sold shares of LIND. State Board of Administration of Florida Retirement System acquired a new position in shares of Lindblad Expeditions in the third quarter valued at approximately $72,000. SG Americas Securities LLC bought a new position in Lindblad Expeditions during the 3rd quarter worth about $108,000. PFG Investments LLC acquired a new stake in shares of Lindblad Expeditions in the 1st quarter valued at about $152,000. Quest Partners LLC bought a new stake in shares of Lindblad Expeditions in the fourth quarter valued at about $200,000. Finally, Virtu Financial LLC bought a new position in shares of Lindblad Expeditions during the fourth quarter worth about $204,000. 75.94% of the stock is owned by 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.