Vanguard Group Inc. Sells 49,642 Shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Vanguard Group Inc. reduced its position in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND - Free Report) by 2.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,215,723 shares of the company's stock after selling 49,642 shares during the period. Vanguard Group Inc. owned about 4.07% of Lindblad Expeditions worth $26,278,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Manchester Capital Management LLC increased its position in Lindblad Expeditions by 91.3% in the 4th quarter. Manchester Capital Management LLC now owns 2,850 shares of the company's stock valued at $34,000 after acquiring an additional 1,360 shares in the last quarter. New York State Teachers Retirement System acquired a new position in Lindblad Expeditions during the fourth quarter valued at approximately $38,000. KLP Kapitalforvaltning AS acquired a new stake in Lindblad Expeditions during the 4th quarter worth $110,000. Simon Quick Advisors LLC acquired a new position in Lindblad Expeditions in the fourth quarter valued at about $126,000. Finally, Olympiad Research LP bought a new stake in shares of Lindblad Expeditions in the fourth quarter worth about $156,000. 75.94% of the stock is currently owned by institutional investors and hedge funds.

Lindblad Expeditions Trading Up 0.8 %

Shares of LIND stock traded up $0.06 on Friday, hitting $7.98. 178,171 shares of the stock were exchanged, compared to its average volume of 307,729. The firm has a market capitalization of $435.60 million, a P/E ratio of -10.64 and a beta of 2.87. Lindblad Expeditions Holdings, Inc. has a fifty-two week low of $6.35 and a fifty-two week high of $14.34. The business has a 50-day moving average of $10.10 and a 200 day moving average of $11.16.

Analyst Ratings Changes

Separately, StockNews.com lowered Lindblad Expeditions from a "buy" rating to a "hold" rating in a research 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.