Lindblad Expeditions, LLC (NASDAQ:LIND) Director L. Dyson Dryden acquired 10,000 shares of the company’s stock in a transaction dated Thursday, March 8th. The stock was acquired at an average cost of $9.43 per share, for a total transaction of $94,300.00. Following the completion of the acquisition, the director now directly owns 1,077,209 shares in the company, valued at $10,158,080.87. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of NASDAQ LIND traded down $0.02 during mid-day trading on Friday, reaching $10.59. The company’s stock had a trading volume of 56,509 shares, compared to its average volume of 110,844. The stock has a market capitalization of $481.53, a price-to-earnings ratio of 117.67 and a beta of -0.36. The company has a quick ratio of 0.90, a current ratio of 0.91 and a debt-to-equity ratio of 1.54. Lindblad Expeditions, LLC has a 1-year low of $8.66 and a 1-year high of $11.26.
Lindblad Expeditions (NASDAQ:LIND) last announced its quarterly earnings data on Wednesday, February 28th. The company reported ($0.08) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.07) by ($0.01). Lindblad Expeditions had a negative net margin of 3.25% and a positive return on equity of 7.20%. The firm had revenue of $63.22 million during the quarter, compared to analysts’ expectations of $55.71 million. equities research analysts expect that Lindblad Expeditions, LLC will post 0.13 EPS for the current year.
Several institutional investors and hedge funds have recently made changes to their positions in LIND. Epoch Investment Partners Inc. grew its holdings in shares of Lindblad Expeditions by 27.3% in the third quarter. Epoch Investment Partners Inc. now owns 1,055,119 shares of the company’s stock valued at $11,290,000 after purchasing an additional 226,258 shares during the period. Dimensional Fund Advisors LP boosted its stake in Lindblad Expeditions by 49.0% during the third quarter. Dimensional Fund Advisors LP now owns 278,370 shares of the company’s stock worth $2,979,000 after buying an additional 91,499 shares during the period. Northern Trust Corp boosted its stake in Lindblad Expeditions by 50.9% during the second quarter. Northern Trust Corp now owns 262,499 shares of the company’s stock worth $2,756,000 after buying an additional 88,538 shares during the period. Millennium Management LLC boosted its stake in Lindblad Expeditions by 349.8% during the fourth quarter. Millennium Management LLC now owns 102,832 shares of the company’s stock worth $1,007,000 after buying an additional 79,969 shares during the period. Finally, Renaissance Technologies LLC boosted its stake in Lindblad Expeditions by 53.0% during the fourth quarter. Renaissance Technologies LLC now owns 204,700 shares of the company’s stock worth $2,004,000 after buying an additional 70,900 shares during the period. 46.00% of the stock is owned by hedge funds and other institutional investors.
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About Lindblad Expeditions
Lindblad Expeditions Holdings, Inc provides expedition cruising and adventure travel services. It offers itineraries that feature up-close encounters with wildlife, nature, history, and culture, as well as promote guest empowerment and 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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