New York State Common Retirement Fund Increases Stake in Lindblad Expeditions (NASDAQ:LIND)

New York State Common Retirement Fund raised its position in shares of Lindblad Expeditions (NASDAQ:LIND - Free Report) by 106.9% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 684,851 shares of the company's stock after purchasing an additional 353,817 shares during the quarter. New York State Common Retirement Fund owned 1.25% of Lindblad Expeditions worth $6,349,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. GAMMA Investing LLC boosted its position in shares of Lindblad Expeditions by 3,188.1% during the first quarter. GAMMA Investing LLC now owns 2,762 shares of the company's stock valued at $26,000 after buying an additional 2,678 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in Lindblad Expeditions during the 4th quarter valued at about $110,000. ProShare Advisors LLC purchased a new stake in shares of Lindblad Expeditions during the 4th quarter valued at about $120,000. NewEdge Advisors LLC bought a new stake in shares of Lindblad Expeditions in the fourth quarter worth approximately $121,000. Finally, Caxton Associates LP bought a new stake in shares of Lindblad Expeditions in the fourth quarter worth approximately $124,000. 75.94% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on LIND shares. Wall Street Zen upgraded shares of Lindblad Expeditions from a "hold" rating to a "buy" rating in a research report on Saturday, June 28th. Craig Hallum set a $16.00 price target on Lindblad Expeditions and gave the company a "buy" rating in a report on Friday, May 23rd.

Lindblad Expeditions Stock Down 0.5%

Lindblad Expeditions stock opened at $12.45 on Monday. Lindblad Expeditions has a 52-week low of $6.76 and a 52-week high of $14.34. The company has a market cap of $681.14 million, a P/E ratio of -20.75 and a beta of 2.65. The business has a 50-day simple moving average of $11.36 and a two-hundred day simple moving average of $10.83.

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.

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