Lindblad Expeditions Holdings Inc (LIND) Insider Sells $140,380.50 in Stock

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.

Lindblad Expeditions (NASDAQ:LIND) last announced its quarterly earnings data on Thursday, February 28th. The company reported ($0.10) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.11) by $0.01. Lindblad Expeditions had a net margin of 3.67% and a return on equity of 9.80%. Research analysts anticipate that Lindblad Expeditions Holdings Inc will post 0.44 earnings per share for the current year.

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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Insider Buying and Selling by Quarter for Lindblad Expeditions (NASDAQ:LIND)

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