JPMorgan Chase & Co. Buys 191,546 Shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

JPMorgan Chase & Co. grew its holdings in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND - Free Report) by 59.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 514,214 shares of the company's stock after purchasing an additional 191,546 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.94% of Lindblad Expeditions worth $6,099,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Barclays PLC boosted its position in Lindblad Expeditions by 263.7% during the third quarter. Barclays PLC now owns 60,234 shares of the company's stock worth $557,000 after acquiring an additional 43,671 shares during the last quarter. Villere ST Denis J & Co. LLC acquired a new stake in Lindblad Expeditions during the 4th quarter valued at $238,000. New York State Common Retirement Fund grew its holdings in Lindblad Expeditions by 3,496.6% during the 4th quarter. New York State Common Retirement Fund now owns 331,034 shares of the company's stock worth $3,926,000 after acquiring an additional 321,830 shares in the last quarter. Black Diamond Financial LLC grew its holdings in Lindblad Expeditions by 4.0% during the 4th 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 in the last quarter. Finally, Rhumbline Advisers grew its holdings in Lindblad Expeditions by 2.4% during the 4th quarter. Rhumbline Advisers now owns 50,598 shares of the company's stock worth $600,000 after acquiring an additional 1,167 shares in the last quarter. 75.94% of the stock is currently owned by institutional investors and hedge funds.

Lindblad Expeditions Stock Performance

Shares of NASDAQ:LIND traded up $0.84 during midday trading on Wednesday, hitting $9.15. 66,965 shares of the stock were exchanged, compared to its average volume of 306,825. Lindblad Expeditions Holdings, Inc. has a 52-week low of $6.35 and a 52-week high of $14.34. The business's fifty day simple moving average is $9.92 and its two-hundred day simple moving average is $11.15. The company has a market capitalization of $499.46 million, a PE ratio of -12.20 and a beta of 2.87.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded shares of Lindblad Expeditions from a "buy" rating to a "hold" rating in a research report on Monday, March 3rd.

Insider Buying and Selling at Lindblad Expeditions

In other news, Director Alex P. Schultz bought 36,375 shares of the firm's stock in a transaction that occurred on Monday, April 21st. The shares were acquired at an average cost of $7.97 per share, with a total value of $289,908.75. Following the completion of the transaction, the director now directly owns 283,323 shares in the company, valued at $2,258,084.31. This represents a 14.73 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate 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.