Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Shares Bought by Silvercrest Asset Management Group LLC

Silvercrest Asset Management Group LLC increased its position in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND - Free Report) by 29.6% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 739,108 shares of the company's stock after buying an additional 168,958 shares during the quarter. Silvercrest Asset Management Group LLC owned about 1.36% of Lindblad Expeditions worth $8,766,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in Lindblad Expeditions by 66.3% in the third quarter. JPMorgan Chase & Co. now owns 322,668 shares of the company's stock valued at $2,985,000 after purchasing an additional 128,610 shares during the period. Simon Quick Advisors LLC purchased a new position in shares of Lindblad Expeditions during the fourth quarter worth about $126,000. SG Americas Securities LLC grew its holdings in shares of Lindblad Expeditions by 34.1% during the fourth quarter. SG Americas Securities LLC now owns 20,177 shares of the company's stock worth $239,000 after buying an additional 5,132 shares during the last quarter. New York State Teachers Retirement System acquired a new position in Lindblad Expeditions in the 4th quarter valued at about $38,000. Finally, Rhumbline Advisers raised its stake in Lindblad Expeditions by 2.4% during the 4th quarter. Rhumbline Advisers now owns 50,598 shares of the company's stock valued at $600,000 after acquiring an additional 1,167 shares during the last quarter. Institutional investors and hedge funds own 75.94% of the company's stock.

Analysts Set New Price Targets

A number of analysts have 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 restated a "buy" rating and set a $16.00 price target on shares of Lindblad Expeditions in a research note on Friday.

Lindblad Expeditions Stock Up 2.3%

Shares of Lindblad Expeditions stock traded up $0.24 during trading on Friday, reaching $10.31. The company's stock had a trading volume of 114,798 shares, compared to its average volume of 305,485. The company has a market capitalization of $563.77 million, a P/E ratio of -13.71 and a beta of 2.65. Lindblad Expeditions Holdings, Inc. has a 12-month low of $6.76 and a 12-month high of $14.34. The business has a 50 day moving average price of $9.30 and a 200-day moving average price of $11.16.

Insider Activity at Lindblad Expeditions

In related news, Director Alex P. Schultz bought 36,375 shares of the company's stock in a transaction on Monday, April 21st. The stock was bought at an average cost of $7.97 per share, with a total value of $289,908.75. Following the completion of the acquisition, the director now owns 283,323 shares in the company, valued at approximately $2,258,084.31. This represents a 14.73% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company 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.