203,600 Shares in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. purchased a new position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 203,600 shares of the company's stock, valued at approximately $2,415,000. Raymond James Financial Inc. owned 0.37% of Lindblad Expeditions as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Renaissance Technologies LLC increased its position in Lindblad Expeditions by 5.4% during the fourth quarter. Renaissance Technologies LLC now owns 195,999 shares of the company's stock worth $2,325,000 after acquiring an additional 10,100 shares during the period. Legal & General Group Plc increased its holdings in shares of Lindblad Expeditions by 31.5% during the 4th quarter. Legal & General Group Plc now owns 33,032 shares of the company's stock worth $392,000 after purchasing an additional 7,906 shares during the period. Russell Investments Group Ltd. lifted its stake in shares of Lindblad Expeditions by 2,167.9% in the fourth quarter. Russell Investments Group Ltd. now owns 56,041 shares of the company's stock valued at $665,000 after buying an additional 53,570 shares during the period. Envestnet Asset Management Inc. acquired a new stake in shares of Lindblad Expeditions during the 4th quarter worth approximately $150,000. Finally, Wells Fargo & Company MN increased its position in shares of Lindblad Expeditions by 23.7% during the fourth quarter. Wells Fargo & Company MN now owns 18,854 shares of the company's stock valued at $224,000 after purchasing an additional 3,613 shares during the period. 75.94% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In other news, Director Alex P. Schultz acquired 36,375 shares of the firm's stock in a transaction on Monday, April 21st. The shares were purchased at an average cost of $7.97 per share, with a total value of $289,908.75. Following the completion of the purchase, the director now owns 283,323 shares of the company's stock, valued at $2,258,084.31. This 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 available through the SEC website. 34.30% of the stock is currently owned by corporate insiders.

Lindblad Expeditions Stock Up 2.7 %

NASDAQ:LIND traded up $0.24 during trading hours on Friday, reaching $9.20. The company had a trading volume of 231,249 shares, compared to its average volume of 299,601. The firm has a market capitalization of $502.19 million, a PE ratio of -12.27 and a beta of 2.65. The stock has a 50-day moving average of $9.39 and a two-hundred day moving average of $11.10. Lindblad Expeditions Holdings, Inc. has a one year low of $6.76 and a one year high of $14.34.

Lindblad Expeditions 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.