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 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.

Lindblad Expeditions (NASDAQ:LIND) last released its quarterly earnings data on Thursday, February 28th. The company reported ($0.10) earnings per share (EPS) for the quarter, beating the 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%. As a group, analysts forecast that Lindblad Expeditions Holdings Inc will post 0.44 EPS for the current fiscal year.

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.

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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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