Squarepoint Ops LLC Invests $304,000 in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Squarepoint Ops LLC purchased a new position in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 25,591 shares of the company's stock, valued at approximately $304,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. SG Americas Securities LLC boosted its stake in shares of Lindblad Expeditions by 34.1% during the 4th quarter. SG Americas Securities LLC now owns 20,177 shares of the company's stock worth $239,000 after acquiring an additional 5,132 shares in the last quarter. New York State Teachers Retirement System acquired a new stake in shares of Lindblad Expeditions in the 4th quarter worth approximately $38,000. Rhumbline Advisers boosted its position in Lindblad Expeditions by 2.4% during the fourth quarter. Rhumbline Advisers now owns 50,598 shares of the company's stock worth $600,000 after purchasing an additional 1,167 shares in the last quarter. Villere ST Denis J & Co. LLC purchased a new stake in Lindblad Expeditions during the fourth quarter worth $238,000. Finally, Manchester Capital Management LLC boosted its position in Lindblad Expeditions by 91.3% during the fourth quarter. Manchester Capital Management LLC now owns 2,850 shares of the company's stock worth $34,000 after purchasing an additional 1,360 shares in the last quarter. 75.94% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Lindblad Expeditions

In other news, Director Alex P. Schultz acquired 36,375 shares of Lindblad Expeditions stock in a transaction that occurred on Monday, April 21st. The shares were acquired at an average price of $7.97 per share, with a total value of $289,908.75. Following the completion of the purchase, the director now owns 283,323 shares of the company's stock, 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 at this hyperlink. 34.30% of the stock is owned by insiders.

Wall Street Analyst Weigh In

LIND has been the topic of a number of research analyst reports. Wall Street Zen upgraded Lindblad Expeditions from a "hold" rating to a "buy" rating in a research report on Friday. Craig Hallum set a $16.00 price objective on shares of Lindblad Expeditions and gave the stock a "buy" rating in a research report on Friday, May 23rd.

Lindblad Expeditions Stock Performance

LIND stock opened at $10.98 on Friday. Lindblad Expeditions Holdings, Inc. has a 1 year low of $6.76 and a 1 year high of $14.34. The stock's 50 day moving average price is $9.44 and its 200 day moving average price is $10.97. The firm has a market cap of $600.69 million, a P/E ratio of -14.64 and a beta of 2.65.

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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