Lindblad Expeditions Holdings Inc (NASDAQ:LIND) insider Trey Byus sold 8,970 shares of Lindblad Expeditions stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $15.65, for a total transaction of $140,380.50. Following the sale, the insider now directly owns 294,107 shares of the company’s stock, valued at approximately $4,602,774.55. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Trey Byus also recently made the following trade(s):
- On Thursday, March 7th, Trey Byus sold 20,000 shares of Lindblad Expeditions stock. The shares were 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 shares were sold at an average price of $15.62, for a total transaction of $937,200.00.
Shares of LIND stock traded up $0.12 on Friday, hitting $15.28. The company’s stock had a trading volume of 227,040 shares, compared to its average volume of 146,089. The company has a current ratio of 0.94, a quick ratio of 0.93 and a debt-to-equity ratio of 1.62. Lindblad Expeditions Holdings Inc has a fifty-two week low of $9.79 and a fifty-two week high of $16.40. The firm has a market cap of $713.58 million, a PE ratio of 63.67 and a beta of -0.03.
A number of brokerages have issued reports on LIND. Zacks Investment Research lowered shares of Lindblad Expeditions from a “buy” rating to a “hold” rating in a research note on Tuesday, January 8th. TheStreet raised shares of Lindblad Expeditions from a “c+” rating to a “b-” rating in a research note on Monday. ValuEngine raised shares of Lindblad Expeditions from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 7th. Imperial Capital reaffirmed an “outperform” rating and issued a $18.00 price objective (up previously from $17.00) on shares of Lindblad Expeditions in a research note on Monday, March 4th. Finally, BidaskClub raised shares of Lindblad Expeditions from a “sell” rating to a “hold” rating in a research note on Saturday, December 8th. Two equities research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. Lindblad Expeditions currently has a consensus rating of “Buy” and a consensus price target of $16.25.
Hedge funds have recently added to or reduced their stakes in the stock. Oppenheimer Asset Management Inc. acquired a new stake in shares of Lindblad Expeditions in the 4th quarter valued at $37,000. Legal & General Group Plc lifted its stake in shares of Lindblad Expeditions by 27.4% in the 4th quarter. Legal & General Group Plc now owns 4,286 shares of the company’s stock valued at $57,000 after purchasing an additional 921 shares during the last quarter. Strs Ohio acquired a new stake in shares of Lindblad Expeditions in the 4th quarter valued at $78,000. Metropolitan Life Insurance Co. NY lifted its position in Lindblad Expeditions by 371.1% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 7,547 shares of the company’s stock worth $102,000 after acquiring an additional 5,945 shares during the last quarter. Finally, grace capital acquired a new position in Lindblad Expeditions during the 4th quarter worth $188,000. 59.51% of the stock is owned by institutional investors and hedge funds.
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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