Millennium Management LLC Has $4.53 Million Stock Holdings in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Millennium Management LLC trimmed its holdings in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND - Free Report) by 25.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 381,900 shares of the company's stock after selling 127,464 shares during the period. Millennium Management LLC owned 0.70% of Lindblad Expeditions worth $4,529,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in LIND. SG Americas Securities LLC lifted its position in shares of Lindblad Expeditions by 34.1% in the fourth quarter. SG Americas Securities LLC now owns 20,177 shares of the company's stock valued at $239,000 after buying an additional 5,132 shares during 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. Rhumbline Advisers lifted its position in shares of Lindblad Expeditions by 2.4% in the fourth quarter. Rhumbline Advisers now owns 50,598 shares of the company's stock valued at $600,000 after buying an additional 1,167 shares during the last quarter. Villere ST Denis J & Co. LLC acquired a new stake in shares of Lindblad Expeditions in the fourth quarter valued at approximately $238,000. Finally, Manchester Capital Management LLC lifted its position 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 buying an additional 1,360 shares during the last quarter. 75.94% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

LIND has been the subject of a number of recent analyst reports. 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 objective on Lindblad Expeditions and gave the company a "buy" rating in a research report on Friday, May 23rd.

Lindblad Expeditions Stock Performance

NASDAQ:LIND traded up $0.40 during mid-day trading on Tuesday, hitting $10.93. 199,295 shares of the stock were exchanged, compared to its average volume of 305,320. The stock has a market capitalization of $597.96 million, a price-to-earnings ratio of -14.57 and a beta of 2.65. The firm's 50-day simple moving average is $9.36 and its 200 day simple moving average is $11.00. Lindblad Expeditions Holdings, Inc. has a fifty-two week low of $6.76 and a fifty-two week high of $14.34.

Insider Buying and Selling

In other news, Director Alex P. Schultz purchased 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, with a total value of $289,908.75. Following the acquisition, the director now owns 283,323 shares in the company, valued at approximately $2,258,084.31. This trade represents a 14.73% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 34.30% of the stock is currently owned by insiders.

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.