Y Intercept Hong Kong Ltd Cuts Stock Holdings in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Y Intercept Hong Kong Ltd cut its stake in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 17.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 42,724 shares of the company’s stock after selling 8,906 shares during the period. Y Intercept Hong Kong Ltd owned about 0.08% of Lindblad Expeditions worth $395,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of LIND. Anchor Capital Management Company LLC raised its position in Lindblad Expeditions by 51.3% in the 2nd quarter. Anchor Capital Management Company LLC now owns 1,325,168 shares of the company’s stock valued at $12,788,000 after purchasing an additional 449,098 shares in the last quarter. Portolan Capital Management LLC purchased a new position in Lindblad Expeditions in the third quarter worth approximately $2,399,000. Connor Clark & Lunn Investment Management Ltd. grew its holdings in Lindblad Expeditions by 104.6% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 292,292 shares of the company’s stock worth $2,704,000 after acquiring an additional 149,409 shares in the last quarter. Panagora Asset Management Inc. increased its position in shares of Lindblad Expeditions by 116.6% in the 2nd quarter. Panagora Asset Management Inc. now owns 123,702 shares of the company’s stock valued at $1,194,000 after purchasing an additional 66,595 shares during the last quarter. Finally, PDT Partners LLC acquired a new stake in shares of Lindblad Expeditions in the 3rd quarter valued at $556,000. 75.94% of the stock is owned by institutional investors and hedge funds.

Lindblad Expeditions Stock Performance

LIND opened at $11.84 on Tuesday. Lindblad Expeditions Holdings, Inc. has a one year low of $6.35 and a one year high of $14.34. The stock has a market capitalization of $645.33 million, a P/E ratio of -15.79 and a beta of 3.11. The business’s 50-day simple moving average is $11.59 and its 200-day simple moving average is $9.88.

Analyst Ratings Changes

Several equities analysts recently commented on the company. B. Riley increased their target price on Lindblad Expeditions from $15.00 to $16.00 and gave the company a “buy” rating in a report on Friday, August 23rd. StockNews.com raised Lindblad Expeditions from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. Finally, Craig Hallum boosted their target price on Lindblad Expeditions from $12.00 to $16.00 and gave the stock a “buy” rating in a research note on Wednesday, November 6th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Lindblad Expeditions presently has a consensus rating of “Moderate Buy” and a consensus price target of $14.25.

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.