SG Americas Securities LLC Invests $139,000 in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

SG Americas Securities LLC acquired a new stake in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 15,045 shares of the company’s stock, valued at approximately $139,000.

Several other large investors also recently bought and sold shares of LIND. Cubist Systematic Strategies LLC purchased a new stake in shares of Lindblad Expeditions during the 2nd quarter valued at about $519,000. Algert Global LLC raised its stake in Lindblad Expeditions by 24.4% during the 2nd quarter. Algert Global LLC now owns 121,201 shares of the company’s stock valued at $1,170,000 after buying an additional 23,806 shares during the last quarter. Anchor Capital Management Company LLC lifted its holdings in shares of Lindblad Expeditions by 51.3% during the 2nd quarter. Anchor Capital Management Company LLC now owns 1,325,168 shares of the company’s stock valued at $12,788,000 after buying an additional 449,098 shares during the period. Renaissance Technologies LLC boosted its stake in shares of Lindblad Expeditions by 71.1% in the 2nd quarter. Renaissance Technologies LLC now owns 39,700 shares of the company’s stock worth $383,000 after buying an additional 16,500 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Lindblad Expeditions by 14.7% in the second quarter. Dimensional Fund Advisors LP now owns 164,320 shares of the company’s stock worth $1,586,000 after acquiring an additional 21,078 shares during the period. 75.94% of the stock is currently owned by institutional investors.

Lindblad Expeditions Stock Performance

NASDAQ LIND opened at $9.52 on Friday. The business’s fifty day moving average is $9.61 and its 200 day moving average is $8.66. Lindblad Expeditions Holdings, Inc. has a fifty-two week low of $5.47 and a fifty-two week high of $11.53. The company has a market capitalization of $517.13 million, a PE ratio of -9.24 and a beta of 3.03.

Lindblad Expeditions (NASDAQ:LIND) last posted its quarterly earnings data on Thursday, August 8th. The company reported ($0.48) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.24) by ($0.24). The firm had revenue of $136.50 million during the quarter, compared to analysts’ expectations of $137.39 million. On average, sell-side analysts forecast that Lindblad Expeditions Holdings, Inc. will post -0.65 EPS for the current year.

Insider Buying and Selling at Lindblad Expeditions

In other news, Director Alex P. Schultz acquired 22,308 shares of Lindblad Expeditions stock in a transaction dated Friday, August 2nd. The stock was purchased at an average cost of $7.43 per share, with a total value of $165,748.44. Following the completion of the purchase, the director now directly owns 217,023 shares in the company, valued at approximately $1,612,480.89. This trade represents a 0.00 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Alex P. Schultz bought 22,308 shares of the company’s stock in a transaction that occurred on Friday, August 2nd. The stock was bought at an average price of $7.43 per share, with a total value of $165,748.44. Following the acquisition, the director now owns 217,023 shares of the company’s stock, valued at approximately $1,612,480.89. This represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Sven-Olof Lindblad purchased 32,117 shares of the firm’s stock in a transaction on Wednesday, August 21st. The shares were acquired at an average cost of $7.95 per share, for a total transaction of $255,330.15. Following the completion of the acquisition, the chief executive officer now owns 11,825,063 shares of the company’s stock, valued at approximately $94,009,250.85. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought 72,203 shares of company stock valued at $549,922 over the last 90 days. 34.30% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

LIND has been the topic of several research reports. Stifel Nicolaus dropped their target price on Lindblad Expeditions from $16.00 to $15.00 and set a “buy” rating on the stock in a research report on Friday, August 9th. B. Riley increased their price objective on shares of Lindblad Expeditions from $15.00 to $16.00 and gave the stock a “buy” rating in a research note on Friday, August 23rd. Two equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, Lindblad Expeditions currently has a consensus rating of “Moderate Buy” and a consensus target price of $13.25.

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.