New York State Common Retirement Fund Has $3.93 Million Stock Holdings in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

New York State Common Retirement Fund grew its stake in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND - Free Report) by 3,496.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 331,034 shares of the company's stock after acquiring an additional 321,830 shares during the quarter. New York State Common Retirement Fund owned about 0.61% of Lindblad Expeditions worth $3,926,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LIND. Rhumbline Advisers lifted its stake in shares of Lindblad Expeditions by 2.4% during the fourth quarter. Rhumbline Advisers now owns 50,598 shares of the company's stock valued at $600,000 after buying an additional 1,167 shares during the period. Manchester Capital Management LLC boosted its position in shares of Lindblad Expeditions by 91.3% in the fourth quarter. Manchester Capital Management LLC now owns 2,850 shares of the company's stock worth $34,000 after acquiring an additional 1,360 shares during the last quarter. Assetmark Inc. grew its holdings in Lindblad Expeditions by 49.6% in the third quarter. Assetmark Inc. now owns 5,191 shares of the company's stock valued at $48,000 after purchasing an additional 1,722 shares during the period. Franklin Resources Inc. increased its position in Lindblad Expeditions by 0.4% during the third quarter. Franklin Resources Inc. now owns 818,963 shares of the company's stock worth $7,903,000 after purchasing an additional 3,016 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in Lindblad Expeditions by 1.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 295,786 shares of the company's stock worth $2,736,000 after purchasing an additional 3,087 shares during the period. 75.94% of the stock is currently owned by hedge funds and other institutional investors.

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Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Craig Hallum upped their price objective on Lindblad Expeditions from $12.00 to $16.00 and gave the stock a "buy" rating in a report on Wednesday, November 6th. StockNews.com lowered shares of Lindblad Expeditions from a "buy" rating to a "hold" rating in a report on Monday. Two investment 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, the stock has a consensus rating of "Moderate Buy" and an average price target of $14.25.

Lindblad Expeditions Stock Down 0.0 %

Shares of LIND traded down $0.01 during trading on Tuesday, reaching $10.98. The company's stock had a trading volume of 232,630 shares, compared to its average volume of 299,668. The company has a fifty day moving average of $12.04 and a two-hundred day moving average of $11.24. The company has a market cap of $598.18 million, a price-to-earnings ratio of -14.65 and a beta of 3.11. Lindblad Expeditions Holdings, Inc. has a twelve month low of $6.35 and a twelve month high of $14.34.

Insiders Place Their Bets

In other Lindblad Expeditions news, Director John M. Fahey, Jr. sold 7,000 shares of the business's stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $11.76, for a total transaction of $82,320.00. Following the completion of the transaction, the director now owns 123,754 shares in the company, valued at approximately $1,455,347.04. The trade was a 5.35 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 34.30% of the stock is currently owned by corporate 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.