10,587 Shares in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Purchased by Simon Quick Advisors LLC

Simon Quick Advisors LLC bought a new stake in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 10,587 shares of the company’s stock, valued at approximately $126,000.

Several other institutional investors also recently made changes to their positions in LIND. Portolan Capital Management LLC acquired a new position in Lindblad Expeditions during the 3rd quarter valued at approximately $2,399,000. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in shares of Lindblad Expeditions by 104.6% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 292,292 shares of the company’s stock valued at $2,704,000 after acquiring an additional 149,409 shares during the period. JPMorgan Chase & Co. grew its position in shares of Lindblad Expeditions by 66.3% during the third quarter. JPMorgan Chase & Co. now owns 322,668 shares of the company’s stock worth $2,985,000 after acquiring an additional 128,610 shares during the last quarter. PDT Partners LLC acquired a new stake in shares of Lindblad Expeditions in the 3rd quarter worth about $556,000. Finally, Quest Partners LLC lifted its position in Lindblad Expeditions by 1,139.4% in the 3rd quarter. Quest Partners LLC now owns 60,880 shares of the company’s stock valued at $563,000 after purchasing an additional 55,968 shares during the last quarter. 75.94% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on LIND shares. Craig Hallum raised 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 raised Lindblad Expeditions from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $14.25.

Insider Activity

In related news, Director John M. Fahey, Jr. sold 7,000 shares of the business’s stock in a transaction that occurred 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 sale, the director now directly owns 123,754 shares in the company, valued at $1,455,347.04. The trade was a 5.35 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 34.30% of the stock is owned by insiders.

Lindblad Expeditions Price Performance

NASDAQ LIND opened at $11.43 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 $622.98 million, a PE ratio of -15.24 and a beta of 3.11. The company’s 50 day simple moving average is $12.26 and its 200 day simple moving average is $10.61.

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.