Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Shares Sold by Balanced Rock Investment Advisors LLC

Balanced Rock Investment Advisors LLC lessened its holdings in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 21.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,694 shares of the company’s stock after selling 6,502 shares during the quarter. Balanced Rock Investment Advisors LLC’s holdings in Lindblad Expeditions were worth $281,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp boosted its holdings in shares of Lindblad Expeditions by 0.6% in the 3rd quarter. State Street Corp now owns 790,874 shares of the company’s stock valued at $7,316,000 after buying an additional 4,552 shares during the period. Barclays PLC boosted its stake in Lindblad Expeditions by 263.7% in the third quarter. Barclays PLC now owns 60,234 shares of the company’s stock valued at $557,000 after acquiring an additional 43,671 shares during the period. Geode Capital Management LLC grew its holdings in shares of Lindblad Expeditions by 1.3% during the third quarter. Geode Capital Management LLC now owns 852,669 shares of the company’s stock valued at $7,889,000 after purchasing an additional 11,029 shares during the last quarter. Franklin Resources Inc. grew its holdings 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 purchasing an additional 3,016 shares during the last quarter. Finally, Principal Financial Group Inc. raised its position in shares of Lindblad Expeditions by 1.6% during the 3rd quarter. Principal Financial Group Inc. now owns 1,688,549 shares of the company’s stock worth $15,619,000 after purchasing an additional 26,647 shares during the period. Institutional investors own 75.94% of the company’s stock.

Lindblad Expeditions Stock Up 0.8 %

Shares of NASDAQ:LIND opened at $7.98 on Friday. The company’s 50-day moving average price is $10.19 and its 200 day moving average price is $11.15. The company has a market cap of $435.60 million, a PE ratio of -10.64 and a beta of 2.87. Lindblad Expeditions Holdings, Inc. has a fifty-two week low of $6.35 and a fifty-two week high of $14.34.

Analyst Ratings Changes

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

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.