PDT Partners LLC Invests $556,000 in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

PDT Partners LLC purchased a new stake in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 60,119 shares of the company's stock, valued at approximately $556,000. PDT Partners LLC owned 0.11% of Lindblad Expeditions at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Anchor Capital Management Company LLC increased its position in shares of Lindblad Expeditions by 51.3% during the 2nd quarter. Anchor Capital Management Company LLC now owns 1,325,168 shares of the company's stock worth $12,788,000 after purchasing an additional 449,098 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Lindblad Expeditions by 104.6% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 292,292 shares of the company's stock worth $2,704,000 after acquiring an additional 149,409 shares in the last quarter. Panagora Asset Management Inc. grew its position in Lindblad Expeditions by 116.6% during the 2nd quarter. Panagora Asset Management Inc. now owns 123,702 shares of the company's stock worth $1,194,000 after acquiring an additional 66,595 shares during the last quarter. Rice Hall James & Associates LLC grew its position in Lindblad Expeditions by 27.9% during the 2nd quarter. Rice Hall James & Associates LLC now owns 272,566 shares of the company's stock worth $2,630,000 after acquiring an additional 59,502 shares during the last quarter. Finally, Quest Partners LLC raised its position in Lindblad Expeditions by 1,139.4% in the 3rd quarter. Quest Partners LLC now owns 60,880 shares of the company's stock valued at $563,000 after purchasing an additional 55,968 shares during the last quarter. 75.94% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on LIND. StockNews.com upgraded Lindblad Expeditions from a "hold" rating to a "buy" rating in a research note on Wednesday, November 6th. Stifel Nicolaus dropped their target price on shares of Lindblad Expeditions from $16.00 to $15.00 and set a "buy" rating for the company in a research note on Friday, August 9th. B. Riley increased their price target on shares of Lindblad Expeditions from $15.00 to $16.00 and gave the company a "buy" rating in a research note on Friday, August 23rd. Finally, Craig Hallum boosted their price objective on shares of Lindblad Expeditions from $12.00 to $16.00 and gave the stock a "buy" rating in a research report on Wednesday, November 6th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat.com, Lindblad Expeditions presently has a consensus rating of "Moderate Buy" and a consensus target price of $14.25.

Lindblad Expeditions Price Performance

LIND stock traded down $0.45 during midday trading on Tuesday, reaching $13.39. The company's stock had a trading volume of 289,227 shares, compared to its average volume of 290,614. The business's 50-day simple moving average is $10.95 and its 200-day simple moving average is $9.56. Lindblad Expeditions Holdings, Inc. has a 52 week low of $6.35 and a 52 week high of $14.34.

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.