Villere ST Denis J & Co. LLC acquired a new position in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 20,071 shares of the company's stock, valued at approximately $238,000.
Other institutional investors have also made changes to their positions in the company. Quest Partners LLC boosted its position in Lindblad Expeditions by 1,139.4% in the third quarter. Quest Partners LLC now owns 60,880 shares of the company's stock valued at $563,000 after buying an additional 55,968 shares in the last quarter. Barclays PLC raised its stake in shares of Lindblad Expeditions by 263.7% during the third quarter. Barclays PLC now owns 60,234 shares of the company's stock worth $557,000 after buying an additional 43,671 shares during the last quarter. Assetmark Inc. increased its stake 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 in the last quarter. JPMorgan Chase & Co. increased its stake in Lindblad Expeditions by 66.3% in the third quarter. JPMorgan Chase & Co. now owns 322,668 shares of the company's stock valued at $2,985,000 after purchasing an additional 128,610 shares in the last quarter. Finally, PDT Partners LLC bought a new stake in shares of Lindblad Expeditions during the third quarter worth $556,000. 75.94% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
Several research analysts recently commented on LIND shares. Craig Hallum increased their target price 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 shares of Lindblad Expeditions from a "hold" rating to a "buy" rating in a research report on Wednesday, November 6th. One equities 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.com, the company presently has an average rating of "Moderate Buy" and an average target price of $14.25.
Read Our Latest Stock Analysis on LIND
Insider Buying and Selling at Lindblad Expeditions
In other Lindblad Expeditions news, Director John M. Fahey, Jr. sold 7,000 shares of Lindblad Expeditions stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $11.76, for a total transaction of $82,320.00. Following the transaction, the director now directly owns 123,754 shares of the company's stock, valued at $1,455,347.04. The trade was a 5.35 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 34.30% of the stock is currently owned by company insiders.
Lindblad Expeditions Price Performance
Shares of NASDAQ:LIND traded down $0.28 during mid-day trading on Wednesday, hitting $12.90. The company had a trading volume of 262,319 shares, compared to its average volume of 262,104. The firm has a fifty day moving average price of $12.17 and a 200 day moving average price of $11.00. The company has a market capitalization of $703.10 million, a PE ratio of -17.20 and a beta of 3.11. Lindblad Expeditions Holdings, Inc. has a one year low of $6.35 and a one year high of $14.34.
Lindblad Expeditions Company Profile
(
Free Report)
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.
Further Reading
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