Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Director Alex P. Schultz Purchases 15,953 Shares

Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Director Alex P. Schultz purchased 15,953 shares of the business’s stock in a transaction that occurred on Thursday, June 20th. The stock was acquired at an average cost of $7.48 per share, with a total value of $119,328.44. Following the completion of the acquisition, the director now directly owns 176,198 shares of the company’s stock, valued at $1,317,961.04. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.

Lindblad Expeditions Stock Performance

Shares of LIND opened at $7.57 on Monday. The stock has a 50 day simple moving average of $7.52 and a 200 day simple moving average of $8.67. Lindblad Expeditions Holdings, Inc. has a 52-week low of $5.47 and a 52-week high of $12.13.

Lindblad Expeditions (NASDAQ:LIND) last issued its quarterly earnings data on Tuesday, April 30th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.06). The company had revenue of $153.61 million during the quarter, compared to analyst estimates of $150.24 million. As a group, equities research analysts anticipate that Lindblad Expeditions Holdings, Inc. will post -0.44 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Craig Hallum cut their price target on Lindblad Expeditions from $15.00 to $12.00 and set a “buy” rating for the company in a report on Wednesday, May 1st. StockNews.com upgraded Lindblad Expeditions from a “sell” rating to a “hold” rating in a research report on Monday, April 29th. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on Lindblad Expeditions from $11.00 to $10.00 and set a “hold” rating for the company in a research report on Tuesday, April 2nd. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $12.50.

Institutional Investors Weigh In On Lindblad Expeditions

Several institutional investors have recently bought and sold shares of LIND. Swiss National Bank lifted its stake in Lindblad Expeditions by 2.1% in the 3rd quarter. Swiss National Bank now owns 76,141 shares of the company’s stock valued at $548,000 after acquiring an additional 1,600 shares in the last quarter. Stifel Financial Corp lifted its stake in Lindblad Expeditions by 18.4% in the 3rd quarter. Stifel Financial Corp now owns 309,471 shares of the company’s stock valued at $2,228,000 after acquiring an additional 48,155 shares in the last quarter. Algert Global LLC lifted its stake in Lindblad Expeditions by 1.8% in the 3rd quarter. Algert Global LLC now owns 100,275 shares of the company’s stock valued at $722,000 after acquiring an additional 1,760 shares in the last quarter. Trexquant Investment LP lifted its stake in Lindblad Expeditions by 5.0% in the 3rd quarter. Trexquant Investment LP now owns 70,904 shares of the company’s stock valued at $511,000 after acquiring an additional 3,371 shares in the last quarter. Finally, Fred Alger Management LLC bought a new stake in Lindblad Expeditions in the 3rd quarter valued at approximately $3,608,000. Institutional investors own 75.94% of the company’s stock.

About Lindblad Expeditions

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.