Los Angeles Capital Management LLC Increases Stock Holdings in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Los Angeles Capital Management LLC grew its position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 6.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 90,197 shares of the company’s stock after buying an additional 5,300 shares during the period. Los Angeles Capital Management LLC’s holdings in Lindblad Expeditions were worth $1,070,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Principal Financial Group Inc. raised its stake in shares of Lindblad Expeditions by 1.6% in the 3rd quarter. Principal Financial Group Inc. now owns 1,688,549 shares of the company’s stock worth $15,619,000 after buying an additional 26,647 shares in the last quarter. Assetmark Inc. grew its stake in Lindblad Expeditions by 49.6% in the third quarter. Assetmark Inc. now owns 5,191 shares of the company’s stock valued at $48,000 after purchasing an additional 1,722 shares in the last quarter. Quest Partners LLC boosted its stake 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 worth $563,000 after acquiring an additional 55,968 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted 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 worth $2,704,000 after acquiring an additional 149,409 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in Lindblad Expeditions by 1.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 295,786 shares of the company’s stock valued at $2,736,000 after purchasing an additional 3,087 shares during the period. Institutional investors and hedge funds own 75.94% of the company’s stock.

Insider Buying and Selling

In related news, Director John M. Fahey, Jr. sold 7,000 shares of Lindblad Expeditions stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $11.76, for a total value of $82,320.00. Following the sale, the director now owns 123,754 shares of the company’s stock, valued at approximately $1,455,347.04. The trade was a 5.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 34.30% of the stock is currently owned by company insiders.

Lindblad Expeditions Stock Up 1.5 %

NASDAQ:LIND 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 firm has a market capitalization of $608.81 million, a P/E ratio of -14.89 and a beta of 3.11. The stock’s fifty day simple moving average is $12.06 and its 200-day simple moving average is $11.18.

Analyst Ratings Changes

Several equities analysts have commented on LIND shares. StockNews.com raised Lindblad Expeditions from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th. Craig Hallum increased their target price on Lindblad Expeditions from $12.00 to $16.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Lindblad Expeditions presently 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.