Marshall Wace LLP Increases Stock Holdings in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Marshall Wace LLP increased its holdings in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 13.6% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 412,601 shares of the company’s stock after purchasing an additional 49,345 shares during the quarter. Marshall Wace LLP’s holdings in Lindblad Expeditions were worth $4,893,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Manchester Capital Management LLC lifted its holdings in shares of Lindblad Expeditions by 91.3% in the fourth quarter. Manchester Capital Management LLC now owns 2,850 shares of the company’s stock valued at $34,000 after purchasing an additional 1,360 shares in the last quarter. New York State Teachers Retirement System purchased a new stake in Lindblad Expeditions in the 4th quarter valued at approximately $38,000. KLP Kapitalforvaltning AS acquired a new stake in Lindblad Expeditions during the 4th quarter valued at $110,000. NewEdge Advisors LLC purchased a new position in Lindblad Expeditions during the fourth quarter worth $121,000. Finally, Simon Quick Advisors LLC acquired a new position in shares of Lindblad Expeditions in the fourth quarter worth $126,000. 75.94% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

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

Insider Activity

In other news, Director Alex P. Schultz purchased 36,375 shares of the stock in a transaction on 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 completion of the transaction, the director now owns 283,323 shares in the company, valued at approximately $2,258,084.31. The trade was a 14.73 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 34.30% of the company’s stock.

Lindblad Expeditions Stock Performance

Shares of LIND opened at $8.88 on Friday. The stock has a fifty day moving average of $9.75 and a two-hundred day moving average of $11.13. Lindblad Expeditions Holdings, Inc. has a fifty-two week low of $6.35 and a fifty-two week high of $14.34. The company has a market capitalization of $484.72 million, a PE ratio of -11.84 and a beta of 2.87.

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.