Cubist Systematic Strategies LLC Has $1.13 Million Stock Holdings in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Cubist Systematic Strategies LLC lessened its holdings in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 30.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 94,871 shares of the company’s stock after selling 41,669 shares during the quarter. Cubist Systematic Strategies LLC’s holdings in Lindblad Expeditions were worth $1,125,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in LIND. Manchester Capital Management LLC lifted its position in shares of Lindblad Expeditions by 91.3% during the 4th quarter. Manchester Capital Management LLC now owns 2,850 shares of the company’s stock worth $34,000 after purchasing an additional 1,360 shares during the last quarter. New York State Teachers Retirement System acquired a new position in shares of Lindblad Expeditions during the 4th quarter worth about $38,000. KLP Kapitalforvaltning AS acquired a new position in shares of Lindblad Expeditions during the 4th quarter worth about $110,000. NewEdge Advisors LLC acquired a new position in shares of Lindblad Expeditions during the 4th quarter worth about $121,000. Finally, Caxton Associates LP acquired a new position in shares of Lindblad Expeditions during the 4th quarter worth about $124,000. Institutional investors and hedge funds own 75.94% of the company’s stock.

Insider Buying and Selling at Lindblad Expeditions

In other news, Director Alex P. Schultz purchased 36,375 shares of the business’s stock in a transaction on Monday, April 21st. The stock was purchased at an average price of $7.97 per share, with a total value of $289,908.75. Following the acquisition, the director now directly owns 283,323 shares in the company, valued at approximately $2,258,084.31. The trade was a 14.73% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 34.30% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com raised Lindblad Expeditions from a “hold” rating to a “buy” rating in a report on Wednesday, May 7th.

Lindblad Expeditions Stock Down 0.4%

Lindblad Expeditions stock opened at $10.55 on Wednesday. The business has a 50 day moving average price of $9.27 and a two-hundred day moving average price of $11.13. The stock has a market cap of $577.17 million, a price-to-earnings ratio of -14.07 and a beta of 2.65. Lindblad Expeditions Holdings, Inc. has a 12 month low of $6.76 and a 12 month high of $14.34.

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.