Lindblad Expeditions (NASDAQ:LIND) Director Sven-Olof Lindblad Sells 127,310 Shares of Stock

Lindblad Expeditions (NASDAQ:LIND) Director Sven-Olof Lindblad sold 127,310 shares of the firm’s stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $17.38, for a total transaction of $2,212,647.80. Following the sale, the director owned 10,811,964 shares of the company’s stock, valued at approximately $187,911,934.32. This represents a 1.16% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link.

Sven-Olof Lindblad also recently made the following trade(s):

• On Monday, February 2nd, Sven-Olof Lindblad sold 233,505 shares of Lindblad Expeditions stock. The shares were sold at an average price of $17.27, for a total value of $4,032,631.35.
• On Friday, January 30th, Sven-Olof Lindblad sold 78,283 shares of Lindblad Expeditions stock. The stock was sold at an average price of $16.66, for a total value of $1,304,194.78.
• On Thursday, January 29th, Sven-Olof Lindblad sold 105,356 shares of Lindblad Expeditions stock. The shares were sold at an average price of $16.84, for a total value of $1,774,195.04.
• On Tuesday, January 27th, Sven-Olof Lindblad sold 44,002 shares of Lindblad Expeditions stock. The stock was sold at an average price of $15.98, for a total transaction of $703,151.96.
• On Wednesday, January 28th, Sven-Olof Lindblad sold 86,639 shares of Lindblad Expeditions stock. The shares were sold at an average price of $16.29, for a total transaction of $1,411,349.31.
• On Monday, January 26th, Sven-Olof Lindblad sold 42,903 shares of Lindblad Expeditions stock. The shares were sold at an average price of $16.03, for a total value of $687,735.09.
• On Friday, January 23rd, Sven-Olof Lindblad sold 36,066 shares of Lindblad Expeditions stock. The shares were sold at an average price of $16.08, for a total transaction of $579,941.28.
• On Thursday, January 22nd, Sven-Olof Lindblad sold 62,100 shares of Lindblad Expeditions stock. The shares were sold at an average price of $16.48, for a total value of $1,023,408.00.
• On Wednesday, January 21st, Sven-Olof Lindblad sold 75,314 shares of Lindblad Expeditions stock. The stock was sold at an average price of $16.03, for a total value of $1,207,283.42.
• On Tuesday, January 20th, Sven-Olof Lindblad sold 80,520 shares of Lindblad Expeditions stock. The shares were sold at an average price of $15.67, for a total transaction of $1,261,748.40.

Lindblad Expeditions Stock Performance

Shares of NASDAQ:LIND opened at $17.98 on Thursday. Lindblad Expeditions has a 52-week low of $7.45 and a 52-week high of $18.09. The firm has a market capitalization of $996.09 million, a PE ratio of -27.24 and a beta of 2.27. The firm has a fifty day moving average of $14.76 and a 200 day moving average of $13.47.

Lindblad Expeditions (NASDAQ:LIND) last released its quarterly earnings data on Tuesday, November 4th. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.11. The firm had revenue of $240.17 million during the quarter, compared to analysts’ expectations of $229.68 million. On average, sell-side analysts forecast that Lindblad Expeditions will post -0.43 EPS for the current fiscal year.

Wall Street Analyst Weigh In

LIND has been the subject of several recent research reports. Stifel Nicolaus boosted their target price on shares of Lindblad Expeditions from $20.00 to $23.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Wall Street Zen downgraded Lindblad Expeditions from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Weiss Ratings restated a “sell (d-)” rating on shares of Lindblad Expeditions in a research report on Thursday, January 22nd. Citigroup assumed coverage on shares of Lindblad Expeditions in a research note on Tuesday, December 30th. They set a “buy” rating for the company. Finally, Zacks Research raised shares of Lindblad Expeditions from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 6th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $19.00.

Institutional Investors Weigh In On Lindblad Expeditions

Several institutional investors have recently bought and sold shares of the company. AQR Capital Management LLC boosted its holdings in Lindblad Expeditions by 44.4% in the 1st quarter. AQR Capital Management LLC now owns 15,994 shares of the company’s stock valued at $148,000 after purchasing an additional 4,921 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Lindblad Expeditions by 5.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,329 shares of the company’s stock worth $198,000 after acquiring an additional 1,037 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Lindblad Expeditions during the 2nd quarter worth about $330,000. AlphaQuest LLC increased its stake in Lindblad Expeditions by 167.4% in the second quarter. AlphaQuest LLC now owns 8,669 shares of the company’s stock valued at $101,000 after purchasing an additional 5,427 shares during the last quarter. Finally, Simon Quick Advisors LLC increased its position in shares of Lindblad Expeditions by 44.2% during the second quarter. Simon Quick Advisors LLC now owns 15,467 shares of the company’s stock worth $180,000 after purchasing an additional 4,743 shares in the last quarter. 75.94% of the stock is currently owned by institutional investors and hedge funds.

Lindblad Expeditions Company Profile

Lindblad Expeditions (NASDAQ: LIND) is a global leader in expedition cruising, specializing in immersive small-ship voyages to some of the world’s most remote and wildlife-rich regions. The company operates a fleet of purpose-built vessels designed to navigate challenging waters and shorelines, offering guests up-close encounters with natural environments such as the polar ice caps, the Galápagos Islands, Costa Rica’s rainforests and the waterways of Alaska, Patagonia and the Arctic.

Founded on the pioneering spirit of Lars-Eric Lindblad, regarded as the father of expedition travel, Lindblad Expeditions carries forward a legacy of discovery that dates back to the 1960s.