Lindblad Expeditions (NASDAQ:LIND – Get Free Report) Director John Fahey, Jr. sold 1,000 shares of Lindblad Expeditions stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $19.39, for a total transaction of $19,390.00. Following the completion of the transaction, the director directly owned 118,486 shares in the company, valued at approximately $2,297,443.54. This represents a 0.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Lindblad Expeditions Trading Up 2.5%
Shares of Lindblad Expeditions stock opened at $19.36 on Friday. The firm has a fifty day simple moving average of $18.44 and a 200-day simple moving average of $16.32. The stock has a market capitalization of $1.27 billion, a price-to-earnings ratio of -35.85 and a beta of 2.21. Lindblad Expeditions has a 1-year low of $9.85 and a 1-year high of $22.34.
Lindblad Expeditions (NASDAQ:LIND – Get Free Report) last announced its earnings results on Tuesday, May 5th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.01 by $0.08. The firm had revenue of $208.01 million during the quarter, compared to the consensus estimate of $197.24 million. As a group, research analysts predict that Lindblad Expeditions will post 0.09 earnings per share for the current year.
Wall Street Analyst Weigh In
Read Our Latest Stock Report on LIND
Institutional Trading of Lindblad Expeditions
Institutional investors have recently modified their holdings of the company. State of Alaska Department of Revenue acquired a new position in shares of Lindblad Expeditions in the third quarter valued at $35,000. Osaic Holdings Inc. increased its holdings in Lindblad Expeditions by 58.1% in the 2nd quarter. Osaic Holdings Inc. now owns 3,597 shares of the company’s stock valued at $41,000 after buying an additional 1,322 shares during the period. Tower Research Capital LLC TRC increased its holdings in Lindblad Expeditions by 222.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,802 shares of the company’s stock valued at $56,000 after buying an additional 3,311 shares during the period. Kemnay Advisory Services Inc. acquired a new position in shares of Lindblad Expeditions in the 4th quarter valued at $57,000. Finally, CWM LLC lifted its holdings in shares of Lindblad Expeditions by 188.1% during the 3rd quarter. CWM LLC now owns 4,849 shares of the company’s stock worth $62,000 after acquiring an additional 3,166 shares during the period. Institutional investors and hedge funds own 75.94% of the company’s stock.
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.
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