New York State Common Retirement Fund Purchases 321,830 Shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

New York State Common Retirement Fund grew its stake in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 3,496.6% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 331,034 shares of the company’s stock after acquiring an additional 321,830 shares during the period. New York State Common Retirement Fund owned about 0.61% of Lindblad Expeditions worth $3,926,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of LIND. Pinnacle Associates Ltd. grew its position in shares of Lindblad Expeditions by 1.1% during the 3rd quarter. Pinnacle Associates Ltd. now owns 602,015 shares of the company’s stock valued at $5,569,000 after acquiring an additional 6,267 shares during the period. Principal Financial Group Inc. grew its position in shares of 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 acquiring an additional 26,647 shares during the period. Assetmark Inc. grew its position in shares of Lindblad Expeditions by 49.6% during the 3rd quarter. Assetmark Inc. now owns 5,191 shares of the company’s stock valued at $48,000 after acquiring an additional 1,722 shares during the period. Quest Partners LLC grew its position in shares of Lindblad Expeditions by 1,139.4% during the 3rd quarter. Quest Partners LLC now owns 60,880 shares of the company’s stock valued at $563,000 after acquiring an additional 55,968 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of 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 valued at $2,704,000 after buying an additional 149,409 shares in the last quarter. 75.94% of the stock is owned by institutional investors.

Lindblad Expeditions Trading Up 1.5 %

Shares of LIND stock opened at $11.17 on Friday. 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 capitalization of $608.81 million, a P/E ratio of -14.89 and a beta of 3.11. The firm’s 50 day moving average is $12.09 and its 200 day moving average is $11.13.

Insider Buying and Selling at Lindblad Expeditions

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

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Craig Hallum upped their price target on shares of Lindblad Expeditions from $12.00 to $16.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. StockNews.com upgraded shares of Lindblad Expeditions from a “hold” rating to a “buy” rating in a research note 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’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $14.25.

About Lindblad Expeditions

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.