Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Shares Purchased by Russell Investments Group Ltd.

Russell Investments Group Ltd. grew its stake in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND - Free Report) by 2,167.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 56,041 shares of the company's stock after purchasing an additional 53,570 shares during the quarter. Russell Investments Group Ltd. owned 0.10% of Lindblad Expeditions worth $665,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Barclays PLC grew its position in Lindblad Expeditions by 263.7% in the third quarter. Barclays PLC now owns 60,234 shares of the company's stock valued at $557,000 after acquiring an additional 43,671 shares in the last quarter. Villere ST Denis J & Co. LLC acquired a new stake in Lindblad Expeditions during the 4th quarter valued at $238,000. JPMorgan Chase & Co. grew its holdings in Lindblad Expeditions by 59.4% during the 4th quarter. JPMorgan Chase & Co. now owns 514,214 shares of the company's stock valued at $6,099,000 after purchasing an additional 191,546 shares in the last quarter. New York State Common Retirement Fund increased its stake in Lindblad Expeditions by 3,496.6% during the 4th quarter. New York State Common Retirement Fund now owns 331,034 shares of the company's stock worth $3,926,000 after buying an additional 321,830 shares during the period. Finally, Black Diamond Financial LLC boosted its position in Lindblad Expeditions by 4.0% in the 4th quarter. Black Diamond Financial LLC now owns 940,912 shares of the company's stock valued at $11,159,000 after buying an additional 36,460 shares during the last quarter. Hedge funds and other institutional investors own 75.94% of the company's stock.

Lindblad Expeditions Trading Up 2.8 %

LIND stock opened at $8.31 on Wednesday. The firm has a 50 day simple moving average of $9.92 and a 200-day simple moving average of $11.15. The company has a market capitalization of $453.61 million, a P/E ratio of -11.08 and a beta of 2.87. Lindblad Expeditions Holdings, Inc. has a twelve month low of $6.35 and a twelve month high of $14.34.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Lindblad Expeditions from a "buy" rating to a "hold" rating in a research report on Monday, March 3rd.

Insiders Place Their Bets

In related news, Director Alex P. Schultz bought 36,375 shares of the business's stock in a transaction dated Monday, April 21st. The shares were acquired at an average price of $7.97 per share, for a total transaction of $289,908.75. Following the purchase, the director now owns 283,323 shares in the company, valued at $2,258,084.31. This trade represents a 14.73 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 34.30% of the stock is owned by company insiders.

About Lindblad Expeditions

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.

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