Proficio Capital Partners LLC Invests $216,000 in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Proficio Capital Partners LLC purchased a new stake in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 18,241 shares of the company’s stock, valued at approximately $216,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Principal Financial Group Inc. grew its holdings in Lindblad Expeditions by 1.6% during the 3rd quarter. Principal Financial Group Inc. now owns 1,688,549 shares of the company’s stock valued at $15,619,000 after purchasing an additional 26,647 shares during the last quarter. Black Diamond Financial LLC increased its position 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 acquiring an additional 36,460 shares during the period. Geode Capital Management LLC raised its stake in shares of Lindblad Expeditions by 1.3% during the third quarter. Geode Capital Management LLC now owns 852,669 shares of the company’s stock valued at $7,889,000 after acquiring an additional 11,029 shares in the last quarter. Franklin Resources Inc. boosted its holdings in shares of Lindblad Expeditions by 0.4% in the third quarter. Franklin Resources Inc. now owns 818,963 shares of the company’s stock valued at $7,903,000 after purchasing an additional 3,016 shares during the period. Finally, State Street Corp grew its stake in Lindblad Expeditions by 0.6% in the third quarter. State Street Corp now owns 790,874 shares of the company’s stock worth $7,316,000 after purchasing an additional 4,552 shares in the last quarter. Hedge funds and other institutional investors own 75.94% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com lowered Lindblad Expeditions from a “buy” rating to a “hold” rating in a research report on Monday, March 3rd. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $14.25.

Lindblad Expeditions Trading Down 1.3 %

LIND opened at $10.27 on Friday. 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 cap of $560.60 million, a price-to-earnings ratio of -13.69 and a beta of 3.12. The stock has a fifty day moving average price of $11.49 and a 200-day moving average price of $11.32.

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.