PDT Partners LLC Takes Position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

PDT Partners LLC purchased a new stake in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 60,119 shares of the company’s stock, valued at approximately $556,000. PDT Partners LLC owned about 0.11% of Lindblad Expeditions at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Vanguard Group Inc. increased its position in shares of Lindblad Expeditions by 1.6% during the 1st quarter. Vanguard Group Inc. now owns 1,999,062 shares of the company’s stock valued at $18,651,000 after purchasing an additional 31,921 shares during the last quarter. Principal Financial Group Inc. raised its position in Lindblad Expeditions by 1.6% in the third 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 period. Anchor Capital Management Company LLC boosted its stake in Lindblad Expeditions by 51.3% in the second quarter. Anchor Capital Management Company LLC now owns 1,325,168 shares of the company’s stock valued at $12,788,000 after acquiring an additional 449,098 shares during the last quarter. Pinnacle Associates Ltd. grew its position in shares of Lindblad Expeditions by 1.1% during the 3rd quarter. Pinnacle Associates Ltd. now owns 602,015 shares of the company’s stock valued at $5,569,000 after acquiring an additional 6,267 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its stake in shares of Lindblad Expeditions by 1.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 295,786 shares of the company’s stock worth $2,736,000 after purchasing an additional 3,087 shares during the last quarter. 75.94% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on LIND shares. StockNews.com upgraded Lindblad Expeditions from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. Stifel Nicolaus cut their price target on Lindblad Expeditions from $16.00 to $15.00 and set a “buy” rating for the company in a research note on Friday, August 9th. Craig Hallum boosted their price objective on Lindblad Expeditions from $12.00 to $16.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Finally, B. Riley increased their target price on shares of Lindblad Expeditions from $15.00 to $16.00 and gave the stock a “buy” rating in a research report on Friday, August 23rd. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $14.25.

Lindblad Expeditions Stock Performance

Shares of NASDAQ LIND opened at $13.84 on Tuesday. The stock has a fifty day moving average of $10.95 and a 200-day moving average of $9.56. The stock has a market cap of $754.28 million, a PE ratio of -18.45 and a beta of 3.02. Lindblad Expeditions Holdings, Inc. has a fifty-two week low of $6.35 and a fifty-two week 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.