Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Stake Boosted by State Street Corp

State Street Corp boosted its holdings in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 0.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 790,874 shares of the company’s stock after purchasing an additional 4,552 shares during the quarter. State Street Corp owned approximately 1.45% of Lindblad Expeditions worth $7,316,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in LIND. Assetmark Inc. boosted its holdings in shares of Lindblad Expeditions by 49.6% in the 3rd quarter. Assetmark Inc. now owns 5,191 shares of the company’s stock valued at $48,000 after buying an additional 1,722 shares during the period. 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 acquiring an additional 3,087 shares during the period. Victory Capital Management Inc. lifted its holdings in Lindblad Expeditions by 3.3% in the second quarter. Victory Capital Management Inc. now owns 96,400 shares of the company’s stock worth $930,000 after acquiring an additional 3,100 shares during the last quarter. Jacobs Levy Equity Management Inc. boosted its stake in Lindblad Expeditions by 4.4% in the third quarter. Jacobs Levy Equity Management Inc. now owns 87,124 shares of the company’s stock valued at $806,000 after acquiring an additional 3,693 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in shares of Lindblad Expeditions by 5.0% during the second quarter. Bank of New York Mellon Corp now owns 115,944 shares of the company’s stock valued at $1,119,000 after purchasing an additional 5,569 shares during the last quarter. Institutional investors own 75.94% of the company’s stock.

Insider Activity at Lindblad Expeditions

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 owned by insiders.

Lindblad Expeditions Trading Down 2.2 %

Shares of NASDAQ:LIND opened at $12.01 on Friday. The firm’s 50 day moving average is $12.00 and its two-hundred day moving average is $10.11. The firm has a market capitalization of $654.59 million, a P/E ratio of -16.01 and a beta of 3.11. Lindblad Expeditions Holdings, Inc. has a 52 week low of $6.35 and a 52 week high of $14.34.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on LIND shares. Craig Hallum raised their price target 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 raised 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 given a buy rating to the company. According to MarketBeat.com, Lindblad Expeditions has an average rating of “Moderate Buy” and a consensus target price of $14.25.

Lindblad Expeditions 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.