Olympiad Research LP Purchases Shares of 13,165 Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Olympiad Research LP acquired a new position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 13,165 shares of the company’s stock, valued at approximately $156,000.

A number of other large investors have also modified their holdings of LIND. New York State Common Retirement Fund raised its position in shares of Lindblad Expeditions by 3,496.6% in the fourth quarter. New York State Common Retirement Fund now owns 331,034 shares of the company’s stock worth $3,926,000 after acquiring an additional 321,830 shares during the period. Portolan Capital Management LLC acquired a new position in shares of Lindblad Expeditions in the third quarter worth about $2,399,000. Connor Clark & Lunn Investment Management Ltd. raised its position in shares of Lindblad Expeditions by 104.6% in the third 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 during the period. JPMorgan Chase & Co. raised its position in shares of Lindblad Expeditions by 66.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 322,668 shares of the company’s stock worth $2,985,000 after purchasing an additional 128,610 shares during the last quarter. Finally, PDT Partners LLC acquired a new position in shares of Lindblad Expeditions during the 3rd quarter worth about $556,000. Institutional investors and hedge funds own 75.94% of the company’s stock.

Analysts Set New Price Targets

LIND has been the subject of several research analyst reports. StockNews.com upgraded shares of Lindblad Expeditions from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. Craig Hallum upped their price target on shares of Lindblad Expeditions from $12.00 to $16.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, Lindblad Expeditions currently has a consensus rating of “Moderate Buy” and an average price target of $14.25.

Lindblad Expeditions Trading Down 10.3 %

LIND stock opened at $11.11 on Monday. The company has a market cap of $605.54 million, a price-to-earnings ratio of -14.81 and a beta of 3.11. Lindblad Expeditions Holdings, Inc. has a 12 month low of $6.35 and a 12 month high of $14.34. The firm has a 50-day moving average of $12.17 and a two-hundred day moving average of $11.08.

Insider Buying and Selling at Lindblad Expeditions

In other Lindblad Expeditions news, Director John M. Fahey, Jr. sold 7,000 shares of the stock in a transaction dated 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 sale, the director now owns 123,754 shares in the company, valued at approximately $1,455,347.04. This represents a 5.35 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 34.30% of the stock is owned by insiders.

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.