Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Shares Sold by Jane Street Group LLC

Jane Street Group LLC lessened its stake in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND - Free Report) by 70.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 23,358 shares of the company's stock after selling 56,520 shares during the period. Jane Street Group LLC's holdings in Lindblad Expeditions were worth $277,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Black Diamond Financial LLC lifted its stake in Lindblad Expeditions by 4.0% in the fourth quarter. Black Diamond Financial LLC now owns 940,912 shares of the company's stock worth $11,159,000 after acquiring an additional 36,460 shares during the period. Portolan Capital Management LLC boosted its stake in shares of Lindblad Expeditions by 109.9% during the fourth quarter. Portolan Capital Management LLC now owns 544,273 shares of the company's stock valued at $6,455,000 after purchasing an additional 284,930 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Lindblad Expeditions by 59.4% during the fourth quarter. JPMorgan Chase & Co. now owns 514,214 shares of the company's stock valued at $6,099,000 after purchasing an additional 191,546 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its holdings in Lindblad Expeditions by 71.0% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 499,873 shares of the company's stock valued at $5,928,000 after buying an additional 207,581 shares during the period. Finally, Penn Capital Management Company LLC bought a new position in Lindblad Expeditions in the fourth quarter worth approximately $5,335,000. 75.94% of the stock is currently owned by institutional investors.

Lindblad Expeditions Stock Up 1.0%

Shares of Lindblad Expeditions stock traded up $0.11 during trading on Thursday, reaching $10.92. The company's stock had a trading volume of 196,206 shares, compared to its average volume of 319,584. Lindblad Expeditions Holdings, Inc. has a 1-year low of $6.76 and a 1-year high of $14.34. The company has a market cap of $597.41 million, a price-to-earnings ratio of -14.56 and a beta of 2.65. The company has a 50-day simple moving average of $9.38 and a two-hundred day simple moving average of $11.00.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on LIND shares. Wall Street Zen raised Lindblad Expeditions from a "hold" rating to a "buy" rating in a research report on Wednesday, May 7th. Craig Hallum set a $16.00 price target on shares of Lindblad Expeditions and gave the company a "buy" rating in a research report on Friday, May 23rd.

Insider Transactions at Lindblad Expeditions

In other news, Director Alex P. Schultz purchased 36,375 shares of the stock in a transaction dated Monday, April 21st. The shares were purchased at an average price of $7.97 per share, with a total value of $289,908.75. Following the transaction, the director now owns 283,323 shares in the company, valued at $2,258,084.31. The trade was a 14.73% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 34.30% of the company's stock.

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.