Olympiad Research LP Takes Position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Olympiad Research LP purchased a new stake in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 13,165 shares of the company’s stock, valued at approximately $156,000.

Other hedge funds have also made changes to their positions in the company. Quest Partners LLC grew its stake in shares of Lindblad Expeditions by 1,139.4% in the 3rd quarter. Quest Partners LLC now owns 60,880 shares of the company’s stock valued at $563,000 after buying an additional 55,968 shares during the period. Barclays PLC grew its stake in shares of Lindblad Expeditions by 263.7% in the 3rd quarter. Barclays PLC now owns 60,234 shares of the company’s stock valued at $557,000 after buying an additional 43,671 shares during the period. Assetmark Inc. grew its stake in shares of Lindblad Expeditions by 49.6% in the 3rd quarter. Assetmark Inc. now owns 5,191 shares of the company’s stock valued at $48,000 after buying an additional 1,722 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Lindblad Expeditions by 66.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 322,668 shares of the company’s stock worth $2,985,000 after purchasing an additional 128,610 shares during the period. Finally, Villere ST Denis J & Co. LLC purchased a new position in shares of Lindblad Expeditions during the 4th quarter worth approximately $238,000. Hedge funds and other institutional investors own 75.94% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on LIND. Craig Hallum increased their price objective on shares of Lindblad Expeditions from $12.00 to $16.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. StockNews.com raised shares of Lindblad Expeditions from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, Lindblad Expeditions currently has an average rating of “Moderate Buy” and an average target price of $14.25.

Insiders Place Their Bets

In other Lindblad Expeditions news, Director John M. Fahey, Jr. sold 7,000 shares of the stock in a transaction that occurred on Tuesday, December 17th. The shares were sold at an average price of $11.76, for a total transaction of $82,320.00. Following the sale, the director now directly owns 123,754 shares in the company, valued at $1,455,347.04. This represents a 5.35 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 34.30% of the stock is owned by company insiders.

Lindblad Expeditions Stock Down 10.3 %

Lindblad Expeditions stock opened at $11.11 on Monday. The firm has a market cap of $605.54 million, a PE ratio of -14.81 and a beta of 3.11. Lindblad Expeditions Holdings, Inc. has a 52-week low of $6.35 and a 52-week high of $14.34. The company’s 50 day moving average is $12.17 and its two-hundred day moving average is $11.08.

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.