Lindblad Expeditions (NASDAQ:LIND) Stock Rating Upgraded by BidaskClub
Lindblad Expeditions (NASDAQ:LIND) was upgraded by research analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a report issued on Wednesday, January 3rd.
LIND has been the subject of several other research reports. Zacks Investment Research cut Lindblad Expeditions from a “hold” rating to a “sell” rating in a report on Thursday, December 28th. TheStreet upgraded Lindblad Expeditions from a “c” rating to a “b” rating in a report on Thursday, November 16th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company. Lindblad Expeditions presently has a consensus rating of “Hold” and a consensus target price of $11.25.
Lindblad Expeditions (NASDAQ:LIND) opened at $9.59 on Wednesday. The company has a quick ratio of 1.18, a current ratio of 1.20 and a debt-to-equity ratio of 1.31. The firm has a market cap of $442.52, a PE ratio of -241.25 and a beta of 0.92. Lindblad Expeditions has a one year low of $8.38 and a one year high of $11.26.
In other news, Director John M. Fahey, Jr. bought 3,000 shares of the firm’s stock in a transaction dated Tuesday, December 19th. The stock was acquired at an average price of $9.80 per share, for a total transaction of $29,400.00. Following the acquisition, the director now owns 34,958 shares of the company’s stock, valued at $342,588.40. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 50.10% of the stock is currently owned by insiders.
Large investors have recently modified their holdings of the company. Trexquant Investment LP purchased a new stake in shares of Lindblad Expeditions during the 3rd quarter worth about $128,000. SG Americas Securities LLC acquired a new position in Lindblad Expeditions during the 3rd quarter worth approximately $164,000. Wells Fargo & Company MN lifted its position in Lindblad Expeditions by 0.3% during the 2nd quarter. Wells Fargo & Company MN now owns 16,086 shares of the company’s stock worth $169,000 after acquiring an additional 44 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. acquired a new position in Lindblad Expeditions during the 3rd quarter worth approximately $173,000. Finally, First Trust Advisors LP lifted its position in Lindblad Expeditions by 21.3% during the 2nd quarter. First Trust Advisors LP now owns 17,976 shares of the company’s stock worth $189,000 after acquiring an additional 3,161 shares in the last quarter. Institutional investors and hedge funds own 49.00% of the company’s stock.
About Lindblad Expeditions
Lindblad Expeditions Holdings, Inc provides expedition cruising and adventure travel services in the United States. It offers itineraries that feature up-close encounters with wildlife, nature, history, and culture, as well as promote guest interactivity. The company operates expeditions on intimately-scaled ships and interaction between guests, crew, and the teams of scientists, naturalists, researchers, and photographers that participate in the expeditions.
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