BidaskClub lowered shares of Lindblad Expeditions Holdings Inc. (NASDAQ:LIND) from a sell rating to a strong sell rating in a research note issued to investors on Wednesday.
Several other brokerages have also recently weighed in on LIND. Zacks Investment Research upgraded Lindblad Expeditions Holdings from a sell rating to a hold rating in a research note on Tuesday, May 16th. Citigroup Inc. restated a buy rating and set a $11.00 price objective (down from $11.50) on shares of Lindblad Expeditions Holdings in a research note on Saturday, April 22nd. Imperial Capital assumed coverage on Lindblad Expeditions Holdings in a research note on Tuesday, April 18th. They set an outperform rating and a $12.00 price objective on the stock. Finally, Sidoti assumed coverage on Lindblad Expeditions Holdings in a research note on Tuesday, April 4th. They set a buy rating and a $12.00 price objective on the stock. One analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. Lindblad Expeditions Holdings presently has an average rating of Hold and an average price target of $11.50.
Shares of Lindblad Expeditions Holdings (LIND) traded up 3.89% during trading on Wednesday, reaching $10.14. 86,341 shares of the company were exchanged. The company’s market capitalization is $457.29 million. The firm’s 50 day moving average price is $10.05 and its 200 day moving average price is $9.41. Lindblad Expeditions Holdings has a one year low of $7.75 and a one year high of $10.73.
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In other Lindblad Expeditions Holdings news, COO Ian Rogers sold 11,779 shares of the firm’s stock in a transaction on Thursday, June 1st. The stock was sold at an average price of $9.50, for a total transaction of $111,900.50. Following the transaction, the chief operating officer now directly owns 295,029 shares in the company, valued at approximately $2,802,775.50. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last 90 days, insiders have sold 117,606 shares of company stock worth $1,168,206. Company insiders own 50.10% of the company’s stock.
A number of institutional investors have recently modified their holdings of the stock. Epoch Investment Partners Inc. bought a new position in shares of Lindblad Expeditions Holdings during the first quarter valued at $3,735,000. Citadel Advisors LLC boosted its position in shares of Lindblad Expeditions Holdings by 29.8% in the first quarter. Citadel Advisors LLC now owns 95,081 shares of the company’s stock valued at $852,000 after buying an additional 21,807 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Lindblad Expeditions Holdings by 52.8% in the first quarter. Dimensional Fund Advisors LP now owns 152,117 shares of the company’s stock valued at $1,363,000 after buying an additional 52,593 shares during the period. Geode Capital Management LLC boosted its position in shares of Lindblad Expeditions Holdings by 4.9% in the first quarter. Geode Capital Management LLC now owns 162,053 shares of the company’s stock valued at $1,451,000 after buying an additional 7,501 shares during the period. Finally, Vanguard Group Inc. boosted its position in shares of Lindblad Expeditions Holdings by 1.0% in the first quarter. Vanguard Group Inc. now owns 852,998 shares of the company’s stock valued at $7,643,000 after buying an additional 8,224 shares during the period. Institutional investors and hedge funds own 45.73% of the company’s stock.
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