Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Position Decreased by Moors & Cabot Inc.

Moors & Cabot Inc. reduced its holdings in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 8.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,500 shares of the company’s stock after selling 5,000 shares during the quarter. Moors & Cabot Inc. owned 0.10% of Lindblad Expeditions worth $635,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Quest Partners LLC boosted its position in shares of 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 period. Barclays PLC boosted its holdings in shares of Lindblad Expeditions by 263.7% in the third quarter. Barclays PLC now owns 60,234 shares of the company’s stock worth $557,000 after buying an additional 43,671 shares during the period. Villere ST Denis J & Co. LLC purchased a new position in shares of Lindblad Expeditions in the fourth quarter worth approximately $238,000. Assetmark Inc. raised its holdings in shares of Lindblad Expeditions by 49.6% during the third 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. Finally, JPMorgan Chase & Co. lifted its position in shares of Lindblad Expeditions by 66.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 322,668 shares of the company’s stock valued at $2,985,000 after acquiring an additional 128,610 shares in the last quarter. 75.94% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Lindblad Expeditions from a “buy” rating to a “hold” rating in a research report on Monday, March 3rd. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Lindblad Expeditions has a consensus rating of “Moderate Buy” and an average price target of $14.25.

Lindblad Expeditions Stock Performance

LIND stock opened at $10.28 on Friday. The stock has a market cap of $561.14 million, a P/E ratio of -13.71 and a beta of 3.12. The firm has a 50 day simple moving average of $11.79 and a 200 day simple moving average of $11.31. Lindblad Expeditions Holdings, Inc. has a 52 week low of $6.35 and a 52 week high of $14.34.

Insider Activity

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

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.