Y Intercept Hong Kong Ltd Reduces Position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Y Intercept Hong Kong Ltd decreased its stake in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 31.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,407 shares of the company’s stock after selling 13,317 shares during the quarter. Y Intercept Hong Kong Ltd owned about 0.05% of Lindblad Expeditions worth $349,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Black Diamond Financial LLC lifted its holdings in shares of Lindblad Expeditions by 4.0% during the fourth quarter. Black Diamond Financial LLC now owns 940,912 shares of the company’s stock worth $11,159,000 after purchasing an additional 36,460 shares during the period. Olympiad Research LP acquired a new position in shares of Lindblad Expeditions in the 4th quarter valued at $156,000. New York State Common Retirement Fund boosted its holdings in Lindblad Expeditions by 3,496.6% during the fourth quarter. New York State Common Retirement Fund now owns 331,034 shares of the company’s stock worth $3,926,000 after buying an additional 321,830 shares in the last quarter. Manchester Capital Management LLC grew its position in Lindblad Expeditions by 91.3% during the fourth quarter. Manchester Capital Management LLC now owns 2,850 shares of the company’s stock valued at $34,000 after buying an additional 1,360 shares during the period. Finally, Villere ST Denis J & Co. LLC purchased a new position in Lindblad Expeditions in the fourth quarter valued at $238,000. Hedge funds and other institutional investors own 75.94% of the company’s stock.

Lindblad Expeditions Trading Down 1.7 %

Shares of NASDAQ LIND opened at $10.98 on Tuesday. Lindblad Expeditions Holdings, Inc. has a 12-month low of $6.35 and a 12-month high of $14.34. The stock has a market cap of $598.45 million, a PE ratio of -14.64 and a beta of 3.11. The company has a 50-day moving average of $12.06 and a 200 day moving average of $11.21.

Insiders Place Their Bets

In related news, Director John M. Fahey, Jr. sold 7,000 shares of the company’s stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $11.76, for a total value of $82,320.00. Following the completion of the sale, the director now owns 123,754 shares of the company’s stock, valued at approximately $1,455,347.04. This represents a 5.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. 34.30% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. StockNews.com lowered shares of Lindblad Expeditions from a “buy” rating to a “hold” rating in a research note on Monday. Craig Hallum raised their target price on Lindblad Expeditions from $12.00 to $16.00 and gave the company a “buy” rating in a research report on Wednesday, November 6th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, Lindblad Expeditions currently has an average rating of “Moderate Buy” and a consensus target price of $14.25.

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.