Lindblad Expeditions Holdings Inc (NASDAQ:LIND) was the recipient of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 409,100 shares, a decrease of 9.5% from the September 30th total of 451,900 shares. Based on an average daily volume of 183,800 shares, the days-to-cover ratio is currently 2.2 days. Currently, 1.3% of the shares of the stock are sold short.

A number of equities research analysts have commented on LIND shares. TheStreet downgraded shares of Lindblad Expeditions from a “b-” rating to a “c+” rating in a research report on Monday, September 30th. Sidoti raised Lindblad Expeditions from a “neutral” rating to a “buy” rating in a research note on Thursday, October 31st. ValuEngine lowered Lindblad Expeditions from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd. Deutsche Bank reaffirmed a “hold” rating and set a $15.00 price target on shares of Lindblad Expeditions in a research note on Sunday, August 4th. Finally, Imperial Capital reaffirmed an “outperform” rating and set a $22.00 price target (up previously from $21.00) on shares of Lindblad Expeditions in a research note on Tuesday, August 6th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $18.40.

In other news, Director L. Dyson Dryden sold 13,566 shares of the company’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $17.64, for a total value of $239,304.24. Following the transaction, the director now owns 1,243,512 shares of the company’s stock, valued at $21,935,551.68. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In the last ninety days, insiders sold 239,221 shares of company stock worth $4,381,568. Insiders own 50.20% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Aperio Group LLC acquired a new position in shares of Lindblad Expeditions during the 2nd quarter worth $25,000. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in shares of Lindblad Expeditions by 72.4% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,238 shares of the company’s stock worth $40,000 after acquiring an additional 940 shares in the last quarter. Massey Quick Simon & CO. LLC bought a new stake in shares of Lindblad Expeditions in the third quarter worth about $53,000. Oppenheimer Asset Management Inc. increased its holdings in shares of Lindblad Expeditions by 48.7% in the second quarter. Oppenheimer Asset Management Inc. now owns 4,385 shares of the company’s stock worth $79,000 after acquiring an additional 1,437 shares in the last quarter. Finally, Bank of Montreal Can increased its holdings in shares of Lindblad Expeditions by 36.9% in the second quarter. Bank of Montreal Can now owns 5,823 shares of the company’s stock worth $105,000 after acquiring an additional 1,571 shares in the last quarter. 54.28% of the stock is currently owned by institutional investors and hedge funds.

Shares of NASDAQ:LIND traded down $0.07 during trading on Friday, hitting $15.01. 132,800 shares of the company were exchanged, compared to its average volume of 214,602. The stock has a 50 day moving average of $16.35 and a 200 day moving average of $17.25. The company has a market cap of $748.63 million, a PE ratio of 62.54 and a beta of 0.14. Lindblad Expeditions has a 52-week low of $11.98 and a 52-week high of $19.29. The company has a debt-to-equity ratio of 1.73, a current ratio of 0.89 and a quick ratio of 0.88.

Lindblad Expeditions (NASDAQ:LIND) last released its quarterly earnings results on Wednesday, October 30th. The company reported ($0.01) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.23 by ($0.24). The firm had revenue of $100.98 million for the quarter, compared to analyst estimates of $104.55 million. Lindblad Expeditions had a net margin of 3.11% and a return on equity of 12.77%. Sell-side analysts forecast that Lindblad Expeditions will post 0.37 EPS for the current fiscal year.

Lindblad Expeditions Company Profile

Lindblad Expeditions Holdings, Inc provides expedition cruising and adventure travel services. It delivers voyages through a fleet of eight owned expedition ships and five seasonal charter vessels under the Lindblad brand; and operates eco-conscious expeditions and nature focused small-group tours under the Natural Habitat brand.

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