Key Points
- Sven‑Olof Lindblad, a director of Lindblad Expeditions, sold 75,314 shares on Jan. 21 at an average of $16.03 (and 80,520 shares on Jan. 20 at $15.67), totaling about 155,834 shares sold for roughly $2.47 million, leaving him with 11,628,128 shares valued at about $186.4 million.
- LIND is trading near $16.41 (12‑month range $7.45–$17.19) after reporting quarterly EPS of $0.33 (beating estimates); the stock has a market cap of ~$909M, a consensus "Moderate Buy" rating and a $19 consensus price target.
Lindblad Expeditions (NASDAQ:LIND - Get Free Report) Director Sven-Olof Lindblad sold 75,314 shares of the company's stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $16.03, for a total transaction of $1,207,283.42. Following the sale, the director owned 11,628,128 shares of the company's stock, valued at $186,398,891.84. The trade was a 0.64% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Sven-Olof Lindblad also recently made the following trade(s):
- On Tuesday, January 20th, Sven-Olof Lindblad sold 80,520 shares of Lindblad Expeditions stock. The stock was sold at an average price of $15.67, for a total value of $1,261,748.40.
Lindblad Expeditions Trading Up 1.4%
NASDAQ LIND opened at $16.41 on Friday. Lindblad Expeditions has a 12 month low of $7.45 and a 12 month high of $17.19. The stock has a 50-day simple moving average of $13.86 and a 200 day simple moving average of $13.22. The company has a market capitalization of $909.11 million, a PE ratio of -24.86 and a beta of 2.28.
Lindblad Expeditions (NASDAQ:LIND - Get Free Report) last posted its earnings results on Tuesday, November 4th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.11. The company had revenue of $240.17 million for the quarter, compared to analyst estimates of $229.68 million. As a group, sell-side analysts predict that Lindblad Expeditions will post -0.43 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Lindblad Expeditions
A number of large investors have recently bought and sold shares of LIND. AQR Capital Management LLC grew its stake in shares of Lindblad Expeditions by 44.4% during the 1st quarter. AQR Capital Management LLC now owns 15,994 shares of the company's stock worth $148,000 after acquiring an additional 4,921 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Lindblad Expeditions by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,329 shares of the company's stock valued at $198,000 after purchasing an additional 1,037 shares in the last quarter. North Star Investment Management Corp. increased its stake in Lindblad Expeditions by 1.4% in the 2nd quarter. North Star Investment Management Corp. now owns 204,800 shares of the company's stock valued at $2,390,000 after buying an additional 2,900 shares during the last quarter. GC Wealth Management RIA LLC acquired a new stake in Lindblad Expeditions in the 2nd quarter valued at $3,467,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in Lindblad Expeditions during the 2nd quarter worth about $330,000. Institutional investors and hedge funds own 75.94% of the company's stock.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on LIND shares. Citigroup assumed coverage on shares of Lindblad Expeditions in a research report on Tuesday, December 30th. They set a "buy" rating on the stock. Weiss Ratings reissued a "sell (d-)" rating on shares of Lindblad Expeditions in a research note on Wednesday, October 8th. Zacks Research raised Lindblad Expeditions from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, January 6th. Stifel Nicolaus boosted their price objective on Lindblad Expeditions from $20.00 to $23.00 and gave the company a "buy" rating in a research report on Monday, January 12th. Finally, Benchmark reissued a "buy" rating on shares of Lindblad Expeditions in a research note on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $19.00.
View Our Latest Stock Report on Lindblad Expeditions
About Lindblad Expeditions
(
Get Free Report)
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.
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