New York State Teachers Retirement System Purchases Shares of 3,243 Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

New York State Teachers Retirement System purchased a new position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) during the 4th quarter, Holdings Channel reports. The firm purchased 3,243 shares of the company’s stock, valued at approximately $38,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Assetmark Inc. lifted its position in shares of Lindblad Expeditions by 49.6% in the 3rd quarter. Assetmark Inc. now owns 5,191 shares of the company’s stock worth $48,000 after acquiring an additional 1,722 shares during the period. Franklin Resources Inc. raised its stake in shares of Lindblad Expeditions by 0.4% in the third quarter. Franklin Resources Inc. now owns 818,963 shares of the company’s stock valued at $7,903,000 after purchasing an additional 3,016 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its position in Lindblad Expeditions by 1.1% in the third 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 period. Jacobs Levy Equity Management Inc. boosted its stake in Lindblad Expeditions by 4.4% during the third quarter. Jacobs Levy Equity Management Inc. now owns 87,124 shares of the company’s stock worth $806,000 after buying an additional 3,693 shares in the last quarter. Finally, State Street Corp increased its holdings in Lindblad Expeditions by 0.6% in the 3rd quarter. State Street Corp now owns 790,874 shares of the company’s stock valued at $7,316,000 after buying an additional 4,552 shares during the period. Institutional investors own 75.94% of the company’s stock.

Insider Transactions at Lindblad Expeditions

In related news, Director John M. Fahey, Jr. sold 7,000 shares of the company’s stock in a transaction dated Tuesday, December 17th. The shares were sold at an average price of $11.76, for a total transaction of $82,320.00. Following the transaction, the director now owns 123,754 shares in the company, valued at $1,455,347.04. This represents a 5.35 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 34.30% of the company’s stock.

Analyst Upgrades and Downgrades

LIND has been the topic of several recent research reports. StockNews.com upgraded shares of Lindblad Expeditions from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. Craig Hallum lifted their price objective on Lindblad Expeditions from $12.00 to $16.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $14.25.

Lindblad Expeditions Price Performance

LIND stock opened at $11.19 on Tuesday. The business has a fifty day moving average price of $12.16 and a 200 day moving average price of $11.11. Lindblad Expeditions Holdings, Inc. has a fifty-two week low of $6.35 and a fifty-two week high of $14.34. The stock has a market capitalization of $609.90 million, a price-to-earnings ratio of -14.92 and a beta of 3.11.

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.