Quest Partners LLC Raises Position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Quest Partners LLC increased its position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND - Free Report) by 1,139.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,880 shares of the company's stock after purchasing an additional 55,968 shares during the period. Quest Partners LLC owned approximately 0.11% of Lindblad Expeditions worth $563,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of LIND. Assetmark Inc. increased its holdings in Lindblad Expeditions by 49.6% during the 3rd quarter. Assetmark Inc. now owns 5,191 shares of the company's stock worth $48,000 after purchasing an additional 1,722 shares in the last quarter. Price T Rowe Associates Inc. MD bought a new stake in Lindblad Expeditions during the first quarter worth $95,000. Arizona State Retirement System purchased a new stake in Lindblad Expeditions in the 2nd quarter valued at $101,000. SG Americas Securities LLC purchased a new stake in shares of Lindblad Expeditions in the third quarter valued at about $139,000. Finally, Semanteon Capital Management LP purchased a new position in shares of Lindblad Expeditions in the 3rd quarter worth approximately $222,000. Institutional investors own 75.94% of the company's stock.

Insiders Place Their Bets

In other Lindblad Expeditions news, 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 sale, the insider now owns 58,518 shares of the company's stock, valued at $614,439. The trade was a 19.69 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 34.30% of the company's stock.

Analyst Ratings Changes

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

Lindblad Expeditions Price Performance

Shares of LIND traded up $0.08 during trading hours on Friday, hitting $12.85. The stock had a trading volume of 181,466 shares, compared to its average volume of 363,708. Lindblad Expeditions Holdings, Inc. has a 12 month low of $6.35 and a 12 month high of $14.34. The firm has a market capitalization of $700.33 million, a PE ratio of -17.13 and a beta of 3.02. The stock has a fifty day moving average price of $10.63 and a 200 day moving average price of $9.30.

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.