Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Director Pamela O. Kaufman Acquires 2,500 Shares

Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Director Pamela O. Kaufman purchased 2,500 shares of the business’s stock in a transaction on Monday, August 19th. The shares were acquired at an average cost of $7.72 per share, for a total transaction of $19,300.00. Following the completion of the transaction, the director now directly owns 2,500 shares in the company, valued at $19,300. The purchase was disclosed in a filing with the SEC, which is available through this link.

Lindblad Expeditions Trading Down 2.4 %

NASDAQ:LIND traded down $0.19 on Tuesday, hitting $7.60. The company’s stock had a trading volume of 157,641 shares, compared to its average volume of 289,613. Lindblad Expeditions Holdings, Inc. has a one year low of $5.47 and a one year high of $11.53. The stock has a fifty day moving average of $8.66 and a two-hundred day moving average of $8.40. The firm has a market capitalization of $406.85 million, a P/E ratio of -7.27 and a beta of 3.01.

Institutional Investors Weigh In On Lindblad Expeditions

Hedge funds have recently added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD acquired a new position in shares of Lindblad Expeditions in the first quarter valued at $95,000. Arizona State Retirement System acquired a new position in Lindblad Expeditions in the 2nd quarter valued at about $101,000. PFG Investments LLC bought a new position in Lindblad Expeditions in the 1st quarter valued at about $152,000. EntryPoint Capital LLC acquired a new stake in Lindblad Expeditions during the 1st quarter worth approximately $176,000. Finally, Quest Partners LLC bought a new stake in Lindblad Expeditions in the 4th quarter valued at $200,000. Institutional investors and hedge funds own 75.94% of the company’s stock.

Analyst Upgrades and Downgrades

LIND has been the topic of several analyst reports. Craig Hallum dropped their target price on Lindblad Expeditions from $15.00 to $12.00 and set a “buy” rating on the stock in a report on Wednesday, May 1st. Stifel Nicolaus dropped their price objective on Lindblad Expeditions from $16.00 to $15.00 and set a “buy” rating on the stock in a research note on Friday, August 9th. B. Riley raised their target price on shares of Lindblad Expeditions from $13.00 to $15.00 and gave the company a “buy” rating in a research note on Wednesday, July 17th. Finally, StockNews.com raised shares of Lindblad Expeditions from a “sell” rating to a “hold” rating in a research report on Monday, April 29th. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.00.

About Lindblad Expeditions

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.