Lindblad Expeditions Holdings Inc (NASDAQ:LIND) Insider Trey Byus Sells 6,933 Shares

Lindblad Expeditions Holdings Inc (NASDAQ:LIND) insider Trey Byus sold 6,933 shares of the firm’s stock in a transaction dated Tuesday, May 7th. The stock was sold at an average price of $16.26, for a total value of $112,730.58. Following the sale, the insider now directly owns 209,195 shares of the company’s stock, valued at $3,401,510.70. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Trey Byus also recently made the following trade(s):

  • On Thursday, May 30th, Trey Byus sold 455 shares of Lindblad Expeditions stock. The stock was sold at an average price of $16.50, for a total value of $7,507.50.
  • On Tuesday, May 28th, Trey Byus sold 6,900 shares of Lindblad Expeditions stock. The shares were sold at an average price of $16.52, for a total value of $113,988.00.
  • On Friday, May 24th, Trey Byus sold 17,000 shares of Lindblad Expeditions stock. The shares were sold at an average price of $16.52, for a total value of $280,840.00.
  • On Thursday, May 2nd, Trey Byus sold 2,367 shares of Lindblad Expeditions stock. The shares were sold at an average price of $16.29, for a total value of $38,558.43.
  • On Monday, April 29th, Trey Byus sold 100 shares of Lindblad Expeditions stock. The shares were sold at an average price of $16.25, for a total value of $1,625.00.
  • On Friday, April 26th, Trey Byus sold 22,600 shares of Lindblad Expeditions stock. The shares were sold at an average price of $16.10, for a total value of $363,860.00.
  • On Monday, April 22nd, Trey Byus sold 44,700 shares of Lindblad Expeditions stock. The shares were sold at an average price of $15.74, for a total value of $703,578.00.
  • On Wednesday, April 24th, Trey Byus sold 52,400 shares of Lindblad Expeditions stock. The shares were sold at an average price of $15.76, for a total value of $825,824.00.
  • On Wednesday, March 13th, Trey Byus sold 8,970 shares of Lindblad Expeditions stock. The shares were sold at an average price of $15.65, for a total value of $140,380.50.
  • On Thursday, March 7th, Trey Byus sold 20,000 shares of Lindblad Expeditions stock. The shares were sold at an average price of $15.18, for a total value of $303,600.00.

NASDAQ LIND traded down $0.07 during trading on Friday, hitting $16.32. The company’s stock had a trading volume of 373,313 shares, compared to its average volume of 184,865. The company has a quick ratio of 0.82, a current ratio of 0.83 and a debt-to-equity ratio of 1.50. The company has a market cap of $747.44 million, a P/E ratio of 68.00 and a beta of 0.04. Lindblad Expeditions Holdings Inc has a 52 week low of $11.94 and a 52 week high of $17.04.

Lindblad Expeditions (NASDAQ:LIND) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.31 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.23 by $0.08. Lindblad Expeditions had a return on equity of 12.72% and a net margin of 4.80%. The company had revenue of $89.65 million for the quarter, compared to analyst estimates of $95.13 million. Sell-side analysts expect that Lindblad Expeditions Holdings Inc will post 0.51 earnings per share for the current fiscal year.

A number of research analysts recently weighed in on the company. Stifel Nicolaus began coverage on Lindblad Expeditions in a research note on Friday, February 15th. They issued a “buy” rating and a $17.00 price objective on the stock. Zacks Investment Research raised Lindblad Expeditions from a “hold” rating to a “buy” rating and set a $16.00 price target on the stock in a research report on Wednesday, March 6th. BidaskClub downgraded Lindblad Expeditions from a “hold” rating to a “sell” rating in a research report on Friday, March 22nd. ValuEngine raised Lindblad Expeditions from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 7th. Finally, Imperial Capital reaffirmed an “outperform” rating and issued a $21.00 price target (up from $18.00) on shares of Lindblad Expeditions in a research report on Friday, April 5th. Two analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $17.00.

Several large investors have recently made changes to their positions in LIND. Oppenheimer Asset Management Inc. acquired a new stake in Lindblad Expeditions in the 4th quarter valued at $37,000. Legal & General Group Plc boosted its stake in Lindblad Expeditions by 27.4% in the 4th quarter. Legal & General Group Plc now owns 4,286 shares of the company’s stock valued at $57,000 after buying an additional 921 shares in the last quarter. BNP Paribas Arbitrage SA boosted its stake in Lindblad Expeditions by 18,404.2% in the 1st quarter. BNP Paribas Arbitrage SA now owns 4,441 shares of the company’s stock valued at $68,000 after buying an additional 4,417 shares in the last quarter. Strs Ohio acquired a new stake in Lindblad Expeditions in the 4th quarter valued at $78,000. Finally, Metropolitan Life Insurance Co. NY boosted its stake in Lindblad Expeditions by 371.1% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 7,547 shares of the company’s stock valued at $102,000 after buying an additional 5,945 shares in the last quarter. 60.62% of the stock is currently owned by institutional investors.

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About Lindblad Expeditions

Lindblad Expeditions Holdings, Inc provides expedition cruising and adventure travel services. It delivers voyages through a fleet of eight owned expedition ships and five seasonal charter vessels under the Lindblad brand; and operates eco-conscious expeditions and nature focused small-group tours under the Natural Habitat brand.

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

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