Benjamin Bressler Sells 14,931 Shares of Lindblad Expeditions Holdings Inc. (LIND) Stock
Lindblad Expeditions Holdings Inc. (NASDAQ:LIND) insider Benjamin Bressler sold 14,931 shares of the stock in a transaction on Thursday, August 24th. The shares were sold at an average price of $10.77, for a total value of $160,806.87. Following the completion of the sale, the insider now owns 188,157 shares of the company’s stock, valued at approximately $2,026,450.89. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Benjamin Bressler also recently made the following trade(s):
- On Wednesday, August 23rd, Benjamin Bressler sold 51,120 shares of Lindblad Expeditions Holdings stock. The shares were sold at an average price of $10.44, for a total value of $533,692.80.
Shares of Lindblad Expeditions Holdings Inc. (LIND) opened at 10.94 on Wednesday. The company’s 50 day moving average price is $10.18 and its 200 day moving average price is $9.56. The stock’s market capitalization is $493.02 million. Lindblad Expeditions Holdings Inc. has a one year low of $7.75 and a one year high of $11.06.
Lindblad Expeditions Holdings (NASDAQ:LIND) last issued its quarterly earnings data on Thursday, August 3rd. The company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.08) by $0.02. Lindblad Expeditions Holdings had a negative net margin of 1.30% and a positive return on equity of 0.87%. The firm had revenue of $55.57 million during the quarter, compared to analysts’ expectations of $50.84 million. On average, analysts expect that Lindblad Expeditions Holdings Inc. will post $0.14 earnings per share for the current fiscal year.
Several hedge funds and other institutional investors have recently added to or reduced their stakes in LIND. Goldman Sachs Group Inc. purchased a new position in Lindblad Expeditions Holdings during the first quarter worth $1,039,000. Rice Hall James & Associates LLC raised its position in Lindblad Expeditions Holdings by 246.4% in the second quarter. Rice Hall James & Associates LLC now owns 134,295 shares of the company’s stock worth $1,410,000 after buying an additional 95,526 shares during the last quarter. Pinnacle Associates Ltd. raised its position in Lindblad Expeditions Holdings by 33.5% in the first quarter. Pinnacle Associates Ltd. now owns 23,822 shares of the company’s stock worth $213,000 after buying an additional 5,983 shares during the last quarter. Monarch Partners Asset Management LLC purchased a new position in Lindblad Expeditions Holdings during the second quarter worth $317,000. Finally, Royce & Associates LP raised its position in Lindblad Expeditions Holdings by 13.6% in the first quarter. Royce & Associates LP now owns 833,600 shares of the company’s stock worth $7,469,000 after buying an additional 100,000 shares during the last quarter. 48.92% of the stock is currently owned by institutional investors.
A number of research firms have recently issued reports on LIND. BidaskClub upgraded Lindblad Expeditions Holdings from a “sell” rating to a “hold” rating in a report on Thursday, August 24th. Zacks Investment Research upgraded Lindblad Expeditions Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, May 10th. Finally, Deutsche Bank AG restated a “hold” rating and issued a $10.00 target price (up previously from $9.50) on shares of Lindblad Expeditions Holdings in a report on Wednesday, August 9th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Lindblad Expeditions Holdings currently has a consensus rating of “Buy” and an average price target of $11.20.
About Lindblad Expeditions Holdings
Lindblad Expeditions Holdings, Inc provides expedition cruising and adventure travel services in the United States. It offers itineraries that feature up-close encounters with wildlife, nature, history, and culture, as well as promote guest interactivity. The company operates expeditions on intimately-scaled ships and interaction between guests, crew, and the teams of scientists, naturalists, researchers, and photographers that participate in the expeditions.
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