Key Points
- Benjamin Bressler, CEO of Lindblad Expeditions, sold 33,338 shares on Jan. 29 at an average of $17.02 (about $567,413), trimming his holding to 23,466 shares and reducing his position by 58.7%; the sale is part of a larger late‑Dec/Jan selling spree of roughly 472,484 shares for about $7.61 million.
- Lindblad shares trade near $16.67 (market cap ≈ $923.5M) with a 52‑week range of $7.45–$17.19, and analysts give a consensus "Moderate Buy" with an average price target of $19 after the company recently beat quarterly EPS and revenue estimates.
Lindblad Expeditions (NASDAQ:LIND - Get Free Report) CEO Benjamin Bressler sold 33,338 shares of the firm's stock in a transaction dated Thursday, January 29th. The shares were sold at an average price of $17.02, for a total value of $567,412.76. Following the transaction, the chief executive officer owned 23,466 shares of the company's stock, valued at approximately $399,391.32. The trade was a 58.69% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Benjamin Bressler also recently made the following trade(s):
- On Thursday, January 15th, Benjamin Bressler sold 7,311 shares of Lindblad Expeditions stock. The stock was sold at an average price of $17.01, for a total value of $124,360.11.
- On Wednesday, January 14th, Benjamin Bressler sold 94,259 shares of Lindblad Expeditions stock. The shares were sold at an average price of $17.08, for a total value of $1,609,943.72.
- On Friday, January 9th, Benjamin Bressler sold 69,439 shares of Lindblad Expeditions stock. The stock was sold at an average price of $15.03, for a total value of $1,043,668.17.
- On Monday, January 12th, Benjamin Bressler sold 222,386 shares of Lindblad Expeditions stock. The stock was sold at an average price of $16.08, for a total value of $3,575,966.88.
- On Wednesday, January 7th, Benjamin Bressler sold 29,628 shares of Lindblad Expeditions stock. The shares were sold at an average price of $15.04, for a total value of $445,605.12.
- On Monday, December 22nd, Benjamin Bressler sold 16,123 shares of Lindblad Expeditions stock. The shares were sold at an average price of $15.02, for a total transaction of $242,167.46.
Lindblad Expeditions Stock Performance
Shares of LIND opened at $16.67 on Friday. The stock has a market capitalization of $923.52 million, a PE ratio of -25.26 and a beta of 2.28. The company's fifty day moving average is $14.42 and its 200 day moving average is $13.36. Lindblad Expeditions has a fifty-two week low of $7.45 and a fifty-two week high of $17.19.
Lindblad Expeditions (NASDAQ:LIND - Get Free Report) last released its quarterly earnings data on Tuesday, November 4th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.22 by $0.11. The business had revenue of $240.17 million for the quarter, compared to the consensus estimate of $229.68 million. As a group, research analysts forecast that Lindblad Expeditions will post -0.43 earnings per share for the current year.
Analyst Upgrades and Downgrades
Several equities research analysts have weighed in on the company. Zacks Research raised Lindblad Expeditions from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 6th. Stifel Nicolaus raised their price objective on Lindblad Expeditions from $20.00 to $23.00 and gave the company a "buy" rating in a research note on Monday, January 12th. Citigroup began coverage on Lindblad Expeditions in a research report on Tuesday, December 30th. They set a "buy" rating on the stock. Weiss Ratings restated a "sell (d-)" rating on shares of Lindblad Expeditions in a report on Thursday, January 22nd. Finally, Wall Street Zen downgraded Lindblad Expeditions from a "buy" rating to a "hold" rating in a research report on Saturday, October 25th. One investment 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. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $19.00.
View Our Latest Report on LIND
Hedge Funds Weigh In On Lindblad Expeditions
A number of large investors have recently bought and sold shares of the business. AQR Capital Management LLC grew its position 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 acquiring an additional 4,921 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Lindblad Expeditions by 5.1% during 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 during the period. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Lindblad Expeditions in the second quarter worth about $330,000. AlphaQuest LLC increased its stake in Lindblad Expeditions by 167.4% in the 2nd quarter. AlphaQuest LLC now owns 8,669 shares of the company's stock worth $101,000 after buying an additional 5,427 shares during the period. Finally, Simon Quick Advisors LLC increased its stake in Lindblad Expeditions by 44.2% in the 2nd quarter. Simon Quick Advisors LLC now owns 15,467 shares of the company's stock worth $180,000 after buying an additional 4,743 shares during the period. Hedge funds and other institutional investors own 75.94% of the company's stock.
Lindblad Expeditions Company Profile
(
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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