Lindblad Expeditions Holdings Inc. (NASDAQ:LIND) Director Acquires 3,000 Shares

Lindblad Expeditions Holdings Inc. (NASDAQ:LIND) Director John M. Fahey, Jr. acquired 3,000 shares of the stock in a transaction that occurred on Tuesday, December 19th. The shares were bought at an average cost of $9.80 per share, for a total transaction of $29,400.00. Following the completion of the transaction, the director now directly owns 34,958 shares of the company’s stock, valued at approximately $342,588.40. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shares of Lindblad Expeditions Holdings Inc. (NASDAQ LIND) traded up $0.10 during trading on Friday, hitting $9.92. 38,429 shares of the stock were exchanged, compared to its average volume of 76,721. The firm has a market capitalization of $446.15, a PE ratio of 196.40 and a beta of 0.92. Lindblad Expeditions Holdings Inc. has a twelve month low of $8.38 and a twelve month high of $11.26. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.20 and a quick ratio of 1.18.

Large investors have recently added to or reduced their stakes in the stock. Evanston Investments Inc. dba Evanston Advisors acquired a new position in Lindblad Expeditions during the 2nd quarter valued at $105,000. Trexquant Investment LP bought a new stake in Lindblad Expeditions in the 3rd quarter valued at $128,000. SG Americas Securities LLC bought a new stake in Lindblad Expeditions in the 3rd quarter valued at $164,000. Bank of America Corp DE increased its holdings in Lindblad Expeditions by 120.9% in the 1st quarter. Bank of America Corp DE now owns 18,684 shares of the company’s stock valued at $167,000 after buying an additional 10,225 shares during the period. Finally, Wells Fargo & Company MN grew its holdings in shares of Lindblad Expeditions by 0.3% in the 2nd quarter. Wells Fargo & Company MN now owns 16,086 shares of the company’s stock worth $169,000 after purchasing an additional 44 shares during the last quarter. Hedge funds and other institutional investors own 49.03% of the company’s stock.

A number of brokerages recently commented on LIND. Zacks Investment Research downgraded shares of Lindblad Expeditions from a “hold” rating to a “sell” rating in a research report on Thursday, December 28th. TheStreet cut shares of Lindblad Expeditions from a “b-” rating to a “c” rating in a research note on Wednesday, December 27th. Finally, BidaskClub cut shares of Lindblad Expeditions from a “sell” rating to a “strong sell” rating in a research note on Wednesday, December 20th. Two investment analysts have rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. Lindblad Expeditions currently has an average rating of “Hold” and an average price target of $11.25.

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Lindblad Expeditions Company Profile

Lindblad Expeditions Holdings, Inc provides expedition cruising and adventure travel services in the United States. It offers itineraries that feature up-close encounters with wildlife, nature, history, and culture, as well as promote guest 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.

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

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