Cary Street Partners Financial LLC Purchases Shares of 38,339 Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Cary Street Partners Financial LLC purchased a new position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 38,339 shares of the company's stock, valued at approximately $455,000. Cary Street Partners Financial LLC owned approximately 0.07% of Lindblad Expeditions as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in LIND. Manchester Capital Management LLC increased its holdings in shares of Lindblad Expeditions by 91.3% in the fourth quarter. Manchester Capital Management LLC now owns 2,850 shares of the company's stock valued at $34,000 after purchasing an additional 1,360 shares in the last quarter. New York State Teachers Retirement System acquired a new stake in shares of Lindblad Expeditions in the fourth quarter valued at approximately $38,000. KLP Kapitalforvaltning AS acquired a new position in Lindblad Expeditions during the 4th quarter valued at about $110,000. NewEdge Advisors LLC acquired a new position in Lindblad Expeditions during the 4th quarter valued at about $121,000. Finally, Caxton Associates LP acquired a new position in Lindblad Expeditions during the 4th quarter valued at about $124,000. Institutional investors and hedge funds own 75.94% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Lindblad Expeditions from a "hold" rating to a "buy" rating in a research report on Wednesday, May 7th.

Insider Activity

In other Lindblad Expeditions news, Director Alex P. Schultz bought 36,375 shares of the stock in a transaction that occurred on Monday, April 21st. The stock was acquired at an average cost of $7.97 per share, with a total value of $289,908.75. Following the purchase, the director now owns 283,323 shares in the company, valued at $2,258,084.31. This trade represents a 14.73% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 34.30% of the stock is currently owned by company insiders.

Lindblad Expeditions Stock Performance

Lindblad Expeditions stock traded down $0.12 during trading hours on Thursday, reaching $10.60. 124,287 shares of the company's stock traded hands, compared to its average volume of 327,458. Lindblad Expeditions Holdings, Inc. has a fifty-two week low of $6.76 and a fifty-two week high of $14.34. The firm has a market capitalization of $579.63 million, a price-to-earnings ratio of -14.13 and a beta of 2.65. The firm's 50 day moving average is $9.27 and its 200-day moving average is $11.13.

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.