Marshall Wace LLP Buys 49,345 Shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Marshall Wace LLP grew its holdings in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND - Free Report) by 13.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 412,601 shares of the company's stock after purchasing an additional 49,345 shares during the period. Marshall Wace LLP owned about 0.76% of Lindblad Expeditions worth $4,893,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of LIND. Barclays PLC raised its position in 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 buying an additional 43,671 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Lindblad Expeditions by 59.4% during the fourth quarter. JPMorgan Chase & Co. now owns 514,214 shares of the company's stock valued at $6,099,000 after purchasing an additional 191,546 shares during the last quarter. Villere ST Denis J & Co. LLC purchased a new position in shares of Lindblad Expeditions during the fourth quarter valued at approximately $238,000. New York State Common Retirement Fund lifted its position in Lindblad Expeditions by 3,496.6% during the fourth quarter. New York State Common Retirement Fund now owns 331,034 shares of the company's stock valued at $3,926,000 after purchasing an additional 321,830 shares during the period. Finally, Black Diamond Financial LLC boosted its holdings in Lindblad Expeditions by 4.0% in the fourth quarter. Black Diamond Financial LLC now owns 940,912 shares of the company's stock worth $11,159,000 after purchasing an additional 36,460 shares during the last quarter. Hedge funds and other institutional investors own 75.94% of the company's stock.

Insider Buying and Selling at Lindblad Expeditions

In other Lindblad Expeditions news, Director Alex P. Schultz acquired 36,375 shares of the business's stock in a transaction dated Monday, April 21st. The stock was purchased at an average price of $7.97 per share, with a total value of $289,908.75. Following the transaction, the director now directly owns 283,323 shares in the company, valued at approximately $2,258,084.31. The trade was a 14.73 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 34.30% of the stock is owned by corporate insiders.

Lindblad Expeditions Stock Performance

Shares of NASDAQ LIND traded down $0.04 during midday trading on Wednesday, hitting $8.84. 353,052 shares of the company's stock traded hands, compared to its average volume of 300,571. The stock has a market capitalization of $482.54 million, a price-to-earnings ratio of -11.79 and a beta of 2.87. The firm has a fifty day moving average of $9.47 and a 200 day moving average of $11.11. Lindblad Expeditions Holdings, Inc. has a 1 year low of $6.76 and a 1 year high of $14.34.

Wall Street Analysts Forecast Growth

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

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.