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.
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