Renaissance Technologies LLC boosted its position in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND – Free Report) by 71.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 39,700 shares of the company’s stock after buying an additional 16,500 shares during the quarter. Renaissance Technologies LLC owned approximately 0.07% of Lindblad Expeditions worth $383,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD purchased a new position in Lindblad Expeditions during the 1st quarter valued at about $95,000. Arizona State Retirement System bought a new stake in Lindblad Expeditions in the second quarter valued at $101,000. EntryPoint Capital LLC purchased a new position in Lindblad Expeditions during the 1st quarter valued at $176,000. Virtu Financial LLC bought a new position in Lindblad Expeditions in the 4th quarter worth $204,000. Finally, GSA Capital Partners LLP lifted its position in shares of Lindblad Expeditions by 241.9% in the 1st quarter. GSA Capital Partners LLP now owns 48,925 shares of the company’s stock worth $456,000 after purchasing an additional 34,614 shares during the period. Institutional investors own 75.94% of the company’s stock.
Insider Buying and Selling at Lindblad Expeditions
In other Lindblad Expeditions news, Director Alex P. Schultz acquired 22,308 shares of the company’s stock in a transaction that occurred on Friday, August 2nd. The shares were bought at an average cost of $7.43 per share, with a total value of $165,748.44. Following the completion of the transaction, the director now directly owns 217,023 shares of the company’s stock, valued at approximately $1,612,480.89. This represents a 0.00 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director Alex P. Schultz bought 22,308 shares of the business’s stock in a transaction on Friday, August 2nd. The stock was acquired at an average price of $7.43 per share, with a total value of $165,748.44. Following the transaction, the director now owns 217,023 shares in the company, valued at approximately $1,612,480.89. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Alex P. Schultz purchased 15,278 shares of the stock in a transaction dated Monday, August 5th. The shares were purchased at an average cost of $7.17 per share, for a total transaction of $109,543.26. Following the completion of the acquisition, the director now directly owns 232,301 shares in the company, valued at approximately $1,665,598.17. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 72,203 shares of company stock worth $549,922. Insiders own 34.30% of the company’s stock.
Lindblad Expeditions Trading Down 1.4 %
Lindblad Expeditions (NASDAQ:LIND – Get Free Report) last issued its earnings results on Thursday, August 8th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.24) by ($0.24). The business had revenue of $136.50 million for the quarter, compared to analyst estimates of $137.39 million. On average, equities research analysts predict that Lindblad Expeditions Holdings, Inc. will post -0.65 EPS for the current year.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on LIND shares. B. Riley increased their price target on shares of Lindblad Expeditions from $15.00 to $16.00 and gave the stock a “buy” rating in a research note on Friday, August 23rd. Stifel Nicolaus dropped their price target on Lindblad Expeditions from $16.00 to $15.00 and set a “buy” rating on the stock in a research report on Friday, August 9th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $13.25.
View Our Latest Stock Analysis on Lindblad Expeditions
Lindblad Expeditions Company Profile
Lindblad Expeditions Holdings, Inc provides marine expedition adventures and travel experience worldwide. It operates through Lindblad and Land Experiences segment. Lindblad segment provides ship-based expeditions aboard customized, nimble, and intimately-scaled vessels, which offers up-close experiences in the planet's wild and remote places, and capitals of culture; and offers expedition ship which is equipped with state-of-the-art tools for in-depth exploration with infrastructure and ports, such as Antarctica and the Arctic, and places that accessed by a ship comprising Galápagos Islands, Alaska, Baja California's Sea of Cortez and Panama, and foster engagement activities.
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