Barclays PLC Boosts Holdings in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Barclays PLC grew its stake in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 263.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 60,234 shares of the company’s stock after acquiring an additional 43,671 shares during the quarter. Barclays PLC owned about 0.11% of Lindblad Expeditions worth $557,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. Anchor Capital Management Company LLC raised its stake in Lindblad Expeditions by 51.3% during the second 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 during the period. Portolan Capital Management LLC purchased a new stake in shares of Lindblad Expeditions during the 3rd quarter worth about $2,399,000. Connor Clark & Lunn Investment Management Ltd. increased its position in Lindblad Expeditions by 104.6% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 292,292 shares of the company’s stock worth $2,704,000 after purchasing an additional 149,409 shares in the last quarter. PDT Partners LLC purchased a new position in Lindblad Expeditions in the third quarter valued at approximately $556,000. Finally, Rice Hall James & Associates LLC lifted its position in Lindblad Expeditions by 27.9% during the second quarter. Rice Hall James & Associates LLC now owns 272,566 shares of the company’s stock valued at $2,630,000 after buying an additional 59,502 shares in the last quarter. 75.94% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Lindblad Expeditions news, Director John M. Fahey, Jr. sold 7,000 shares of Lindblad Expeditions stock in a transaction that occurred 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 sale, the director now directly owns 123,754 shares in the company, valued at $1,455,347.04. The trade was a 5.35 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 34.30% of the company’s stock.

Lindblad Expeditions Stock Down 4.6 %

Shares of NASDAQ:LIND opened at $11.32 on Friday. The company has a market capitalization of $616.99 million, a price-to-earnings ratio of -15.09 and a beta of 3.10. The company has a 50 day moving average of $12.21 and a two-hundred day moving average of $10.26. 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

LIND has been the subject of several recent research reports. StockNews.com raised shares of Lindblad Expeditions from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. Craig Hallum increased their price target on Lindblad Expeditions from $12.00 to $16.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently 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.