17,605 Shares in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Acquired by Walleye Capital LLC

Walleye Capital LLC acquired a new position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 17,605 shares of the company’s stock, valued at approximately $209,000.

Several other institutional investors have also recently made changes to their positions in the business. Manchester Capital Management LLC raised its stake 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 valued at $34,000 after buying an additional 1,360 shares during the last quarter. New York State Teachers Retirement System purchased a new position in Lindblad Expeditions during the fourth quarter valued at approximately $38,000. KLP Kapitalforvaltning AS acquired a new position in Lindblad Expeditions in the fourth quarter valued at approximately $110,000. Simon Quick Advisors LLC purchased a new stake in Lindblad Expeditions in the 4th quarter worth approximately $126,000. Finally, Envestnet Asset Management Inc. acquired a new stake in shares of Lindblad Expeditions during the 4th quarter worth approximately $150,000. Hedge funds and other institutional investors own 75.94% of the company’s stock.

Lindblad Expeditions Price Performance

NASDAQ:LIND opened at $8.89 on Friday. The company’s 50-day moving average is $9.66 and its two-hundred day moving average is $11.14. The firm has a market capitalization of $485.27 million, a price-to-earnings ratio of -11.85 and a beta of 2.87. Lindblad Expeditions Holdings, Inc. has a 1-year low of $6.35 and a 1-year high of $14.34.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Lindblad Expeditions from a “buy” rating to a “hold” rating in a research report on Monday, March 3rd.

Insiders Place Their Bets

In other news, Director Alex P. Schultz bought 36,375 shares of the company’s stock in a transaction on Monday, April 21st. The stock was bought at an average cost of $7.97 per share, with a total value of $289,908.75. Following the transaction, the director now directly owns 283,323 shares in the company, valued at $2,258,084.31. The trade was a 14.73 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 34.30% of the stock is currently owned by 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.