Lindblad Expeditions Holdings Inc (NASDAQ:LIND) insider Trey Byus sold 8,970 shares of the business’s stock in a transaction on Wednesday, March 13th. The stock was sold at an average price of $15.65, for a total transaction of $140,380.50. Following the completion of the sale, the insider now directly owns 294,107 shares of the company’s stock, valued at $4,602,774.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Trey Byus also recently made the following trade(s):
- On Thursday, March 7th, Trey Byus sold 20,000 shares of Lindblad Expeditions stock. The stock was 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 stock was 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 midday trading on Thursday, hitting $15.16. 152,804 shares of the company traded hands, compared to its average volume of 189,957. Lindblad Expeditions Holdings Inc has a 12-month low of $9.57 and a 12-month high of $16.40. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.94 and a quick ratio of 0.93. The stock has a market capitalization of $713.58 million, a P/E ratio of 63.17 and a beta of -0.03.
Several brokerages recently issued reports on LIND. TheStreet upgraded shares of Lindblad Expeditions from a “c+” rating to a “b-” rating in a research report on Monday. Zacks Investment Research cut shares of Lindblad Expeditions from a “buy” rating to a “hold” rating in a research report on Tuesday, January 8th. BidaskClub upgraded shares of Lindblad Expeditions from a “sell” rating to a “hold” rating in a research report on Thursday. ValuEngine upgraded shares of Lindblad Expeditions from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 7th. Finally, Imperial Capital reiterated an “outperform” rating and set a $18.00 price target (up previously from $17.00) on shares of Lindblad Expeditions in a research report on Monday, March 4th. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company’s stock. Lindblad Expeditions presently has an average rating of “Buy” and a consensus price target of $16.25.
Institutional investors and hedge funds have recently made changes to their positions in the business. Oppenheimer Asset Management Inc. purchased a new stake in Lindblad Expeditions in the fourth quarter worth about $37,000. Legal & General Group Plc grew its holdings in Lindblad Expeditions by 27.4% in the fourth quarter. Legal & General Group Plc now owns 4,286 shares of the company’s stock worth $57,000 after purchasing an additional 921 shares during the period. Strs Ohio purchased a new stake in Lindblad Expeditions in the fourth quarter worth about $78,000. Metropolitan Life Insurance Co. NY grew its holdings in Lindblad Expeditions by 371.1% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 7,547 shares of the company’s stock worth $102,000 after purchasing an additional 5,945 shares during the period. Finally, grace capital purchased a new stake in Lindblad Expeditions in the fourth quarter worth about $188,000. Institutional investors and hedge funds own 59.51% of the company’s stock.
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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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