Cary Street Partners Financial LLC Acquires Shares of 38,339 Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Cary Street Partners Financial LLC bought a new position in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 38,339 shares of the company’s stock, valued at approximately $455,000. Cary Street Partners Financial LLC owned approximately 0.07% of Lindblad Expeditions at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Barclays PLC increased its holdings in Lindblad Expeditions by 263.7% during the 3rd quarter. Barclays PLC now owns 60,234 shares of the company’s stock worth $557,000 after purchasing an additional 43,671 shares in the last quarter. Franklin Resources Inc. boosted its position in shares of Lindblad Expeditions by 0.4% during the third quarter. Franklin Resources Inc. now owns 818,963 shares of the company’s stock valued at $7,903,000 after buying an additional 3,016 shares during the last quarter. Principal Financial Group Inc. grew its holdings in Lindblad Expeditions by 1.6% during the third 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. JPMorgan Chase & Co. raised its position in 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 buying an additional 128,610 shares during the last quarter. Finally, Simon Quick Advisors LLC bought a new position in Lindblad Expeditions during the 4th quarter valued at $126,000. Institutional investors and hedge funds own 75.94% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Lindblad Expeditions from a “hold” rating to a “buy” rating in a research note on Wednesday.

Lindblad Expeditions Stock Up 1.7 %

LIND stock opened at $10.42 on Friday. The firm has a market cap of $568.79 million, a PE ratio of -13.89 and a beta of 2.65. The business has a 50 day moving average of $9.27 and a 200-day moving average of $11.11. Lindblad Expeditions Holdings, Inc. has a 12-month low of $6.76 and a 12-month high of $14.34.

Insider Buying and Selling at Lindblad Expeditions

In related news, Director Alex P. Schultz purchased 36,375 shares of the business’s stock in a transaction that occurred on Monday, April 21st. The shares were bought at an average cost of $7.97 per share, with a total value of $289,908.75. Following the acquisition, the director now owns 283,323 shares of the company’s stock, valued at $2,258,084.31. This represents a 14.73 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 34.30% of the company’s stock.

About Lindblad Expeditions

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.