Cubist Systematic Strategies LLC Trims Stock Position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Cubist Systematic Strategies LLC trimmed its holdings in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND - Free Report) by 30.5% in the fourth quarter, according to the company in its most recent filing with the SEC. 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.

A number of other hedge funds have also recently made changes to their positions in LIND. Barclays PLC lifted its holdings in shares of Lindblad Expeditions by 263.7% in the 3rd 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. Franklin Resources Inc. lifted its holdings in shares of Lindblad Expeditions by 0.4% in the 3rd quarter. Franklin Resources Inc. now owns 818,963 shares of the company's stock worth $7,903,000 after acquiring an additional 3,016 shares during the last quarter. Principal Financial Group Inc. lifted its holdings in shares of Lindblad Expeditions by 1.6% in the 3rd quarter. Principal Financial Group Inc. now owns 1,688,549 shares of the company's stock worth $15,619,000 after acquiring an additional 26,647 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Lindblad Expeditions by 66.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 322,668 shares of the company's stock worth $2,985,000 after acquiring an additional 128,610 shares during the last quarter. Finally, Simon Quick Advisors LLC bought a new stake in shares of Lindblad Expeditions in the 4th quarter worth approximately $126,000. 75.94% of the stock is currently owned by institutional investors.

Lindblad Expeditions Stock Performance

Shares of NASDAQ LIND traded down $0.37 during mid-day trading on Monday, hitting $10.62. The stock had a trading volume of 156,711 shares, compared to its average volume of 307,696. Lindblad Expeditions Holdings, Inc. has a 1 year low of $6.76 and a 1 year high of $14.34. The business has a 50 day moving average price of $9.30 and a two-hundred day moving average price of $11.17. The firm has a market cap of $581.00 million, a P/E ratio of -14.16 and a beta of 2.65.

Analyst Ratings Changes

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

Insider Buying and Selling at Lindblad Expeditions

In related news, Director Alex P. Schultz acquired 36,375 shares of Lindblad Expeditions stock in a transaction 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 transaction, the director now owns 283,323 shares in the company, valued at $2,258,084.31. This trade represents a 14.73% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 34.30% of the company's stock.

Lindblad Expeditions Company Profile

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.