Lindblad Expeditions在内幕购买行动被披露后弹出

Lindblad Expeditions Holdings (NASDAQ:LIND) rallied in Wednesday morning trading after some insider buying and a general boost in market sentiment brought investors back into the cruise line stock.

In an SEC filing, Lindblad (NASDAQ:LIND) disclosed that Alex Schultz, a member of the company's board, bought 55,106 shares in a range of $7.79 to $8.40 on April 21-22.

Earlier in the month, Jefferies identified Lindblad Expeditions (LIND) as one of the cruise line operators that saw favorable pricing trends in March, with a notable 1.3% month-over-month increase despite broad concerns about consumer discretionary spending.

Shares of Lindblad Expeditions (LIND) were up 9.9% at 10:52 a.m. to cut into the deep YTD loss. Short interest on LIND stands at 4.1% of the total float.

Looking ahead, the company is expected to post its Q1 earnings report during the first week of May. The consensus estimates from analysts are for revenue of $151.3 million and EPS of -$0.12 to be reported.