Jacobs Levy Equity Management Inc. Has $806,000 Stock Position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Jacobs Levy Equity Management Inc. lifted its holdings in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 4.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 87,124 shares of the company’s stock after acquiring an additional 3,693 shares during the period. Jacobs Levy Equity Management Inc.’s holdings in Lindblad Expeditions were worth $806,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of LIND. Assetmark Inc. lifted 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. Charles Schwab Investment Management Inc. raised its stake in Lindblad Expeditions by 1.1% in the third 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 in the last quarter. Victory Capital Management Inc. lifted its position in Lindblad Expeditions by 3.3% during the second quarter. Victory Capital Management Inc. now owns 96,400 shares of the company’s stock worth $930,000 after purchasing an additional 3,100 shares during the period. Bank of New York Mellon Corp grew its stake in Lindblad Expeditions by 5.0% during the second quarter. Bank of New York Mellon Corp now owns 115,944 shares of the company’s stock worth $1,119,000 after buying an additional 5,569 shares in the last quarter. Finally, Quantbot Technologies LP increased its holdings in Lindblad Expeditions by 307.7% in the 3rd quarter. Quantbot Technologies LP now owns 8,044 shares of the company’s stock valued at $74,000 after buying an additional 6,071 shares during the period. 75.94% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on LIND shares. StockNews.com raised shares of Lindblad Expeditions from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th. Craig Hallum increased their target price on shares of Lindblad Expeditions from $12.00 to $16.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Finally, B. Riley lifted their price target on shares of Lindblad Expeditions from $15.00 to $16.00 and gave the company a “buy” rating in a report on Friday, August 23rd. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $14.25.

Lindblad Expeditions Stock Down 8.3 %

Shares of LIND stock opened at $12.36 on Tuesday. The stock’s fifty day simple moving average is $11.31 and its 200 day simple moving average is $9.75. Lindblad Expeditions Holdings, Inc. has a twelve month low of $6.35 and a twelve month high of $14.34. The firm has a market capitalization of $673.62 million, a P/E ratio of -16.48 and a beta of 3.10.

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.