Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Director Alex P. Schultz Purchases 33,016 Shares of Stock

Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Director Alex P. Schultz bought 33,016 shares of Lindblad Expeditions stock in a transaction dated Friday, April 19th. The shares were bought at an average cost of $7.47 per share, with a total value of $246,629.52. Following the completion of the transaction, the director now directly owns 126,400 shares in the company, valued at $944,208. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Lindblad Expeditions Trading Up 0.4 %

Lindblad Expeditions stock opened at $7.25 on Tuesday. Lindblad Expeditions Holdings, Inc. has a 1-year low of $5.47 and a 1-year high of $12.13. The firm has a 50 day simple moving average of $8.58 and a 200 day simple moving average of $8.49. The firm has a market capitalization of $387.37 million, a price-to-earnings ratio of -7.71 and a beta of 2.84.

Lindblad Expeditions (NASDAQ:LIND) last issued its quarterly earnings data on Wednesday, February 28th. The company reported ($0.53) EPS for the quarter, missing the consensus estimate of ($0.30) by ($0.23). The company had revenue of $125.36 million for the quarter, compared to the consensus estimate of $127.70 million. On average, equities research analysts forecast that Lindblad Expeditions Holdings, Inc. will post -0.46 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on LIND shares. StockNews.com lowered Lindblad Expeditions from a “hold” rating to a “sell” rating in a report on Thursday, April 4th. Deutsche Bank Aktiengesellschaft cut their price target on Lindblad Expeditions from $11.00 to $10.00 and set a “hold” rating for the company in a research note on Tuesday, April 2nd.

Institutional Investors Weigh In On Lindblad Expeditions

Large investors have recently added to or reduced their stakes in the business. State Board of Administration of Florida Retirement System purchased a new stake in shares of Lindblad Expeditions in the 3rd quarter valued at about $72,000. SG Americas Securities LLC purchased a new stake in Lindblad Expeditions in the third quarter valued at approximately $108,000. PFG Investments LLC bought a new stake in Lindblad Expeditions during the first quarter valued at approximately $152,000. Orion Portfolio Solutions LLC grew its stake in Lindblad Expeditions by 50.5% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 24,886 shares of the company’s stock worth $179,000 after buying an additional 8,347 shares in the last quarter. Finally, Quest Partners LLC bought a new position in shares of Lindblad Expeditions in the 4th quarter worth $200,000. Institutional investors own 75.94% of the company’s stock.

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.