Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Insider Sells $150,612.00 in Stock

Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) insider Noah Brodsky sold 14,344 shares of the company’s stock in a transaction dated Wednesday, August 28th. The shares were sold at an average price of $10.50, for a total transaction of $150,612.00. Following the transaction, the insider now directly owns 58,518 shares of the company’s stock, valued at approximately $614,439. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Lindblad Expeditions Price Performance

NASDAQ:LIND opened at $9.92 on Friday. Lindblad Expeditions Holdings, Inc. has a 12-month low of $5.47 and a 12-month high of $11.53. The firm has a 50-day moving average price of $9.08 and a 200 day moving average price of $8.44.

Analysts Set New Price Targets

Several equities analysts have commented on the company. B. Riley upped their price target on Lindblad Expeditions from $15.00 to $16.00 and gave the company a “buy” rating in a report on Friday, August 23rd. Stifel Nicolaus cut their target price on Lindblad Expeditions from $16.00 to $15.00 and set a “buy” rating for the company in a research note on Friday, August 9th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $13.25.

Hedge Funds Weigh In On Lindblad Expeditions

Hedge funds have recently modified their holdings of the stock. Virtu Financial LLC acquired a new stake in Lindblad Expeditions in the 4th quarter valued at $204,000. Quest Partners LLC acquired a new stake in shares of Lindblad Expeditions in the 4th quarter valued at $200,000. Victory Capital Management Inc. grew its holdings in shares of Lindblad Expeditions by 3.8% in the 4th quarter. Victory Capital Management Inc. now owns 95,100 shares of the company’s stock worth $1,072,000 after purchasing an additional 3,500 shares during the last quarter. GSA Capital Partners LLP increased its position in shares of Lindblad Expeditions by 241.9% during the 1st quarter. GSA Capital Partners LLP now owns 48,925 shares of the company’s stock worth $456,000 after purchasing an additional 34,614 shares in the last quarter. Finally, Vanguard Group Inc. lifted its holdings in Lindblad Expeditions by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 1,999,062 shares of the company’s stock valued at $18,651,000 after purchasing an additional 31,921 shares during the last quarter. 75.94% of the stock is owned by institutional investors and hedge funds.

Lindblad Expeditions Company Profile

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.