Marshall Wace LLP Has $3.18 Million Stake in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Marshall Wace LLP reduced its position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND - Free Report) by 18.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 329,166 shares of the company's stock after selling 73,199 shares during the quarter. Marshall Wace LLP owned about 0.61% of Lindblad Expeditions worth $3,176,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in LIND. Ariel Investments LLC increased its stake in shares of Lindblad Expeditions by 3.1% in the 1st quarter. Ariel Investments LLC now owns 8,877,212 shares of the company's stock valued at $82,824,000 after purchasing an additional 268,996 shares during the last quarter. Vanguard Group Inc. raised its stake in Lindblad Expeditions by 1.6% during the first quarter. Vanguard Group Inc. now owns 1,999,062 shares of the company's stock worth $18,651,000 after acquiring an additional 31,921 shares in the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Lindblad Expeditions by 2.2% in the second quarter. Principal Financial Group Inc. now owns 1,661,902 shares of the company's stock worth $16,037,000 after acquiring an additional 36,307 shares during the last quarter. Anchor Capital Management Company LLC boosted its stake in shares of Lindblad Expeditions by 127.1% in the 1st quarter. Anchor Capital Management Company LLC now owns 876,070 shares of the company's stock valued at $8,174,000 after purchasing an additional 490,370 shares in the last quarter. Finally, Pinnacle Associates Ltd. lifted its stake in Lindblad Expeditions by 1.0% in the 1st quarter. Pinnacle Associates Ltd. now owns 607,994 shares of the company's stock valued at $5,673,000 after purchasing an additional 5,979 shares during the last quarter. 75.94% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have weighed in on LIND. B. Riley boosted their target price 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. Stifel Nicolaus reduced their price objective 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. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $13.25.

Lindblad Expeditions Stock Down 1.3 %

Shares of LIND stock traded down $0.12 during trading hours on Thursday, hitting $8.85. 219,611 shares of the company's stock traded hands, compared to its average volume of 294,418. The stock has a market cap of $473.77 million, a PE ratio of -8.63 and a beta of 3.03. The stock's 50 day simple moving average is $9.05 and its 200 day simple moving average is $8.57. Lindblad Expeditions Holdings, Inc. has a 12 month low of $5.47 and a 12 month high of $11.53.

Lindblad Expeditions (NASDAQ:LIND - Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.24) by ($0.24). The company had revenue of $136.50 million during the quarter, compared to analyst estimates of $137.39 million. As a group, equities research analysts expect that Lindblad Expeditions Holdings, Inc. will post -0.65 EPS for the current fiscal year.

Insider Buying and Selling

In other Lindblad Expeditions news, insider Noah Brodsky sold 14,344 shares of the firm's stock in a transaction that occurred on Wednesday, August 28th. The shares were sold at an average price of $10.50, for a total transaction of $150,612.00. Following the completion of the transaction, the insider now owns 58,518 shares in the company, valued at approximately $614,439. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other Lindblad Expeditions news, CEO Sven-Olof Lindblad bought 32,117 shares of the firm's stock in a transaction that occurred on Wednesday, August 21st. The stock was acquired at an average price of $7.95 per share, with a total value of $255,330.15. Following the completion of the purchase, the chief executive officer now directly owns 11,825,063 shares of the company's stock, valued at approximately $94,009,250.85. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Noah Brodsky sold 14,344 shares of Lindblad Expeditions stock in a transaction that occurred on Wednesday, August 28th. The stock was sold at an average price of $10.50, for a total value of $150,612.00. Following the completion of the sale, the insider now owns 58,518 shares of the company's stock, valued at $614,439. The disclosure for this sale can be found here. Insiders have purchased a total of 72,203 shares of company stock valued at $549,922 over the last ninety days. 34.30% of the stock is owned by company insiders.

Lindblad Expeditions 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.