Los Angeles Capital Management LLC Has $785,000 Position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Los Angeles Capital Management LLC cut its stake in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 9.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 84,897 shares of the company’s stock after selling 9,100 shares during the quarter. Los Angeles Capital Management LLC owned 0.16% of Lindblad Expeditions worth $785,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. Assetmark Inc. grew its stake in shares of Lindblad Expeditions by 49.6% during the third quarter. Assetmark Inc. now owns 5,191 shares of the company’s stock worth $48,000 after buying an additional 1,722 shares during the last quarter. Price T Rowe Associates Inc. MD acquired a new stake in shares of Lindblad Expeditions during the 1st quarter valued at $95,000. Arizona State Retirement System bought a new stake in Lindblad Expeditions during the 2nd quarter worth $101,000. SG Americas Securities LLC acquired a new position in Lindblad Expeditions in the 3rd quarter worth about $139,000. Finally, EntryPoint Capital LLC bought a new position in Lindblad Expeditions in the first quarter valued at about $176,000. 75.94% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Lindblad Expeditions

In other Lindblad Expeditions news, insider Noah Brodsky sold 14,344 shares of the business’s stock in a transaction on Wednesday, August 28th. The stock was sold at an average price of $10.50, for a total value of $150,612.00. Following the sale, the insider now directly owns 58,518 shares in the company, valued at $614,439. The trade was a 19.69 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Sven-Olof Lindblad purchased 32,117 shares of the company’s stock in a transaction dated Wednesday, August 21st. The shares were purchased at an average cost of $7.95 per share, for a total transaction of $255,330.15. Following the transaction, the chief executive officer now directly owns 11,825,063 shares in the company, valued at approximately $94,009,250.85. The trade was a 0.27 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 34.30% of the company’s stock.

Lindblad Expeditions Price Performance

NASDAQ LIND opened at $13.12 on Friday. The stock has a market capitalization of $715.04 million, a price-to-earnings ratio of -17.49 and a beta of 3.02. The business’s fifty day moving average is $10.28 and its 200-day moving average is $9.10. Lindblad Expeditions Holdings, Inc. has a one year low of $6.35 and a one year high of $14.34.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. StockNews.com upgraded Lindblad Expeditions from a “hold” rating to a “buy” rating in a report on Wednesday, November 6th. B. Riley upped their price objective on shares of Lindblad Expeditions from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Friday, August 23rd. Craig Hallum lifted their target price on shares of Lindblad Expeditions from $12.00 to $16.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. Finally, Stifel Nicolaus cut their target price on Lindblad Expeditions from $16.00 to $15.00 and set a “buy” rating on the stock in a research report on Friday, August 9th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $14.25.

Lindblad Expeditions 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.