Alex P. Schultz Acquires 36,375 Shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Stock

Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND - Get Free Report) Director Alex P. Schultz bought 36,375 shares of the stock in a transaction that occurred on Monday, April 21st. The shares were purchased at an average price of $7.97 per share, for a total transaction of $289,908.75. Following the completion of the acquisition, the director now owns 283,323 shares of the company's stock, valued at $2,258,084.31. The trade was a 14.73 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Lindblad Expeditions Stock Up 2.8 %

Shares of LIND traded up $0.23 during trading hours on Tuesday, hitting $8.31. The company had a trading volume of 231,783 shares, compared to its average volume of 307,509. Lindblad Expeditions Holdings, Inc. has a 12 month low of $6.35 and a 12 month high of $14.34. The firm has a market cap of $453.61 million, a price-to-earnings ratio of -11.08 and a beta of 2.87. The business has a fifty day moving average of $10.01 and a 200-day moving average of $11.17.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Lindblad Expeditions from a "buy" rating to a "hold" rating in a report on Monday, March 3rd.

Institutional Investors Weigh In On Lindblad Expeditions

A number of institutional investors have recently made changes to their positions in LIND. Barclays PLC lifted its holdings in Lindblad Expeditions by 263.7% during the 3rd quarter. Barclays PLC now owns 60,234 shares of the company's stock worth $557,000 after purchasing an additional 43,671 shares during the last quarter. Villere ST Denis J & Co. LLC acquired a new stake in shares of Lindblad Expeditions during the fourth quarter worth $238,000. JPMorgan Chase & Co. boosted its position in shares of Lindblad Expeditions by 59.4% in the fourth quarter. JPMorgan Chase & Co. now owns 514,214 shares of the company's stock valued at $6,099,000 after acquiring an additional 191,546 shares during the period. New York State Common Retirement Fund grew its stake in shares of Lindblad Expeditions by 3,496.6% in the fourth quarter. New York State Common Retirement Fund now owns 331,034 shares of the company's stock valued at $3,926,000 after acquiring an additional 321,830 shares in the last quarter. Finally, Black Diamond Financial LLC increased its position in Lindblad Expeditions by 4.0% during the fourth quarter. Black Diamond Financial LLC now owns 940,912 shares of the company's stock worth $11,159,000 after acquiring an additional 36,460 shares during the period. Institutional investors own 75.94% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.