Proficio Capital Partners LLC Buys New Position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Proficio Capital Partners LLC purchased a new position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 18,241 shares of the company’s stock, valued at approximately $216,000.

A number of other large investors have also modified their holdings of the business. Charles Schwab Investment Management Inc. boosted its stake in Lindblad Expeditions by 1.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 295,786 shares of the company’s stock worth $2,736,000 after purchasing an additional 3,087 shares in the last quarter. Quantbot Technologies LP increased its stake in Lindblad Expeditions by 307.7% during the 3rd quarter. Quantbot Technologies LP now owns 8,044 shares of the company’s stock valued at $74,000 after purchasing an additional 6,071 shares in the last quarter. PDT Partners LLC purchased a new position in shares of Lindblad Expeditions in the third quarter worth $556,000. Paloma Partners Management Co acquired a new stake in shares of Lindblad Expeditions during the third quarter worth $122,000. Finally, Jacobs Levy Equity Management Inc. grew its holdings in shares of Lindblad Expeditions by 4.4% during the third quarter. Jacobs Levy Equity Management Inc. now owns 87,124 shares of the company’s stock valued at $806,000 after buying an additional 3,693 shares during the last quarter. Hedge funds and other institutional investors own 75.94% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered Lindblad Expeditions from a “buy” rating to a “hold” rating in a research note on Monday, March 3rd. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Lindblad Expeditions presently has an average rating of “Moderate Buy” and an average target price of $14.25.

Lindblad Expeditions Price Performance

NASDAQ:LIND opened at $10.27 on Friday. The firm has a market capitalization of $560.60 million, a P/E ratio of -13.69 and a beta of 3.12. The company’s fifty day moving average price is $11.49 and its 200-day moving average price is $11.32. Lindblad Expeditions Holdings, Inc. has a 1-year low of $6.35 and a 1-year high of $14.34.

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.