Portolan Capital Management LLC Boosts Holdings in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Portolan Capital Management LLC raised its position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND - Free Report) by 109.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 544,273 shares of the company's stock after buying an additional 284,930 shares during the period. Portolan Capital Management LLC owned about 1.00% of Lindblad Expeditions worth $6,455,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Manchester Capital Management LLC grew 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 valued at $34,000 after purchasing an additional 1,360 shares in the last quarter. New York State Teachers Retirement System acquired a new stake in shares of Lindblad Expeditions in the 4th quarter worth $38,000. KLP Kapitalforvaltning AS purchased a new position in shares of Lindblad Expeditions during the 4th quarter worth $110,000. Simon Quick Advisors LLC purchased a new stake in shares of Lindblad Expeditions in the fourth quarter valued at about $126,000. Finally, Envestnet Asset Management Inc. purchased a new stake in shares of Lindblad Expeditions in the fourth quarter valued at about $150,000. Hedge funds and other institutional investors own 75.94% of the company's stock.

Lindblad Expeditions Price Performance

Shares of Lindblad Expeditions stock traded up $0.06 during trading hours on Friday, hitting $7.98. The company had a trading volume of 178,171 shares, compared to its average volume of 307,788. The company's 50-day moving average is $10.10 and its two-hundred day moving average is $11.15. Lindblad Expeditions Holdings, Inc. has a twelve month low of $6.35 and a twelve month high of $14.34. The company has a market cap of $435.60 million, a P/E ratio of -10.64 and a beta of 2.87.

Analyst Ratings Changes

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

Lindblad Expeditions Company 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.