31,560 Shares in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Purchased by Man Group plc

Man Group plc acquired a new position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 31,560 shares of the company’s stock, valued at approximately $374,000.

A number of other institutional investors have also recently bought and sold shares of LIND. SG Americas Securities LLC increased its holdings in shares of Lindblad Expeditions by 34.1% during the fourth quarter. SG Americas Securities LLC now owns 20,177 shares of the company’s stock worth $239,000 after purchasing an additional 5,132 shares during the period. New York State Teachers Retirement System acquired a new stake in Lindblad Expeditions during the fourth quarter worth approximately $38,000. Rhumbline Advisers increased its stake in Lindblad Expeditions by 2.4% during the 4th quarter. Rhumbline Advisers now owns 50,598 shares of the company’s stock worth $600,000 after acquiring an additional 1,167 shares during the period. Villere ST Denis J & Co. LLC acquired a new position in Lindblad Expeditions in the 4th quarter valued at $238,000. Finally, Manchester Capital Management LLC raised its holdings in Lindblad Expeditions by 91.3% in the 4th quarter. Manchester Capital Management LLC now owns 2,850 shares of the company’s stock valued at $34,000 after acquiring an additional 1,360 shares in the last quarter. Institutional investors own 75.94% of the company’s stock.

Insider Activity

In other Lindblad Expeditions news, Director Alex P. Schultz acquired 36,375 shares of the company’s stock in a transaction that occurred on Monday, April 21st. The stock was acquired at an average cost of $7.97 per share, for a total transaction of $289,908.75. Following the transaction, the director now directly owns 283,323 shares in the company, valued at $2,258,084.31. This represents a 14.73% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 34.30% of the company’s stock.

Lindblad Expeditions Price Performance

Shares of LIND opened at $10.19 on Tuesday. The firm has a 50 day simple moving average of $9.31 and a two-hundred day simple moving average of $11.10. Lindblad Expeditions Holdings, Inc. has a one year low of $6.76 and a one year high of $14.34. The company has a market cap of $557.47 million, a P/E ratio of -13.59 and a beta of 2.65.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Craig Hallum set a $16.00 price target on Lindblad Expeditions and gave the stock a “buy” rating in a research report on Friday. Wall Street Zen upgraded shares of Lindblad Expeditions from a “hold” rating to a “buy” rating in a research note on Wednesday, May 7th.

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.