Cubist Systematic Strategies LLC Sells 41,669 Shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Cubist Systematic Strategies LLC lowered its holdings in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND - Free Report) by 30.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 94,871 shares of the company's stock after selling 41,669 shares during the quarter. Cubist Systematic Strategies LLC owned 0.17% of Lindblad Expeditions worth $1,125,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in Lindblad Expeditions by 59.4% in the 4th quarter. JPMorgan Chase & Co. now owns 514,214 shares of the company's stock valued at $6,099,000 after buying an additional 191,546 shares during the last quarter. Villere ST Denis J & Co. LLC acquired a new stake in Lindblad Expeditions in the 4th quarter valued at approximately $238,000. New York State Common Retirement Fund grew its holdings in Lindblad Expeditions by 3,496.6% in the 4th quarter. New York State Common Retirement Fund now owns 331,034 shares of the company's stock valued at $3,926,000 after buying an additional 321,830 shares during the last quarter. Black Diamond Financial LLC grew its holdings in Lindblad Expeditions by 4.0% in the 4th quarter. Black Diamond Financial LLC now owns 940,912 shares of the company's stock valued at $11,159,000 after buying an additional 36,460 shares during the last quarter. Finally, Rhumbline Advisers grew its holdings in Lindblad Expeditions by 2.4% in the 4th quarter. Rhumbline Advisers now owns 50,598 shares of the company's stock valued at $600,000 after buying an additional 1,167 shares during the last quarter. Institutional investors and hedge funds own 75.94% of the company's stock.

Insider Transactions at Lindblad Expeditions

In other news, Director Alex P. Schultz acquired 36,375 shares of the firm's stock in a transaction dated Monday, April 21st. The shares were bought at an average price of $7.97 per share, with a total value of $289,908.75. Following the acquisition, the director now owns 283,323 shares of the company's stock, valued at $2,258,084.31. This trade represents a 14.73% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 34.30% of the stock is owned by insiders.

Analysts Set New Price Targets

Separately, StockNews.com raised Lindblad Expeditions from a "hold" rating to a "buy" rating in a report on Wednesday, May 7th.

Lindblad Expeditions Stock Performance

Shares of NASDAQ:LIND traded up $0.36 during trading on Friday, hitting $10.99. 454,706 shares of the stock were exchanged, compared to its average volume of 307,962. Lindblad Expeditions Holdings, Inc. has a 1-year low of $6.76 and a 1-year high of $14.34. The company has a market capitalization of $601.24 million, a price-to-earnings ratio of -14.65 and a beta of 2.65. The company's fifty day simple moving average is $9.30 and its 200-day simple moving average is $11.14.

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.