Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Shares Purchased by Russell Investments Group Ltd.

Russell Investments Group Ltd. lifted its stake in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND - Free Report) by 2,167.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 56,041 shares of the company's stock after purchasing an additional 53,570 shares during the quarter. Russell Investments Group Ltd. owned about 0.10% of Lindblad Expeditions worth $665,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of LIND. Manchester Capital Management LLC raised its holdings in shares of 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 during the last quarter. New York State Teachers Retirement System purchased a new stake in Lindblad Expeditions in the fourth quarter valued at $38,000. KLP Kapitalforvaltning AS purchased a new stake in Lindblad Expeditions in the fourth quarter valued at $110,000. Simon Quick Advisors LLC purchased a new stake in Lindblad Expeditions in the fourth quarter valued at $126,000. Finally, Envestnet Asset Management Inc. purchased a new stake in Lindblad Expeditions in the fourth quarter valued at $150,000. 75.94% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Lindblad Expeditions

In other news, Director Alex P. Schultz bought 36,375 shares of the stock in a transaction dated 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 purchase, the director now directly owns 283,323 shares in the company, valued at $2,258,084.31. The trade was a 14.73 % increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 34.30% of the company's stock.

Lindblad Expeditions Stock Down 0.4 %

Shares of LIND stock traded down $0.04 during mid-day trading on Monday, hitting $8.85. 160,358 shares of the stock were exchanged, compared to its average volume of 304,830. The firm has a fifty day moving average of $9.58 and a 200 day moving average of $11.14. Lindblad Expeditions Holdings, Inc. has a 52-week low of $6.35 and a 52-week high of $14.34. The company has a market cap of $483.09 million, a PE ratio of -11.80 and a beta of 2.87.

Wall Street Analysts Forecast Growth

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

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.