John M. Fahey, Jr. Sells 7,000 Shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Stock

Lindblad Expeditions Holdings, Inc. (NASDAQ:LINDGet Free Report) Director John M. Fahey, Jr. sold 7,000 shares of the business’s stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $11.76, for a total transaction of $82,320.00. Following the sale, the director now directly owns 123,754 shares in the company, valued at $1,455,347.04. This trade represents a 5.35 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Lindblad Expeditions Stock Performance

Lindblad Expeditions stock opened at $12.03 on Friday. The stock has a 50-day simple moving average of $11.70 and a 200 day simple moving average of $9.93. The stock has a market capitalization of $655.68 million, a P/E ratio of -16.04 and a beta of 3.11. Lindblad Expeditions Holdings, Inc. has a 52 week low of $6.35 and a 52 week high of $14.34.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Assetmark Inc. raised its stake in Lindblad Expeditions by 49.6% in the 3rd quarter. Assetmark Inc. now owns 5,191 shares of the company’s stock valued at $48,000 after acquiring an additional 1,722 shares during the period. Franklin Resources Inc. increased its holdings in shares of Lindblad Expeditions by 0.4% in the third quarter. Franklin Resources Inc. now owns 818,963 shares of the company’s stock valued at $7,903,000 after purchasing an additional 3,016 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in shares of Lindblad Expeditions by 1.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 295,786 shares of the company’s stock valued at $2,736,000 after purchasing an additional 3,087 shares during the period. Victory Capital Management Inc. lifted its stake in shares of Lindblad Expeditions by 3.3% during the 2nd quarter. Victory Capital Management Inc. now owns 96,400 shares of the company’s stock worth $930,000 after buying an additional 3,100 shares during the last quarter. Finally, Jacobs Levy Equity Management Inc. boosted its holdings in shares of Lindblad Expeditions by 4.4% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 87,124 shares of the company’s stock worth $806,000 after buying an additional 3,693 shares during the period. 75.94% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Craig Hallum upped their target price on Lindblad Expeditions from $12.00 to $16.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. StockNews.com upgraded Lindblad Expeditions from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. Finally, B. Riley increased their price objective on Lindblad Expeditions from $15.00 to $16.00 and gave the company a “buy” rating in a report on Friday, August 23rd. One research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $14.25.

Check Out Our Latest Research Report on Lindblad Expeditions

Lindblad Expeditions Company Profile

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Lindblad Expeditions Holdings, Inc provides marine expedition adventures and travel experience worldwide. It operates through Lindblad and Land Experiences segment. Lindblad segment provides ship-based expeditions aboard customized, nimble, and intimately-scaled vessels, which offers up-close experiences in the planet's wild and remote places, and capitals of culture; and offers expedition ship which is equipped with state-of-the-art tools for in-depth exploration with infrastructure and ports, such as Antarctica and the Arctic, and places that accessed by a ship comprising Galápagos Islands, Alaska, Baja California's Sea of Cortez and Panama, and foster engagement activities.

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Insider Buying and Selling by Quarter for Lindblad Expeditions (NASDAQ:LIND)

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