UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Lowers Position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its holdings in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 22.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 50,225 shares of the company’s stock after selling 14,517 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Lindblad Expeditions were worth $465,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Assetmark Inc. lifted its position in Lindblad Expeditions by 49.6% during the third quarter. Assetmark Inc. now owns 5,191 shares of the company’s stock valued at $48,000 after purchasing an additional 1,722 shares during the last quarter. Quantbot Technologies LP increased its position in shares of Lindblad Expeditions by 307.7% during the 3rd quarter. Quantbot Technologies LP now owns 8,044 shares of the company’s stock valued at $74,000 after purchasing an additional 6,071 shares during the last quarter. Arizona State Retirement System purchased a new stake in Lindblad Expeditions in the second quarter worth approximately $101,000. SG Americas Securities LLC bought a new position in Lindblad Expeditions during the third quarter valued at approximately $139,000. Finally, Semanteon Capital Management LP purchased a new position in shares of Lindblad Expeditions during the third quarter worth approximately $222,000. Hedge funds and other institutional investors own 75.94% of the company’s stock.

Insider Buying and Selling

In related news, Director John M. Fahey, Jr. sold 7,000 shares of the company’s stock in a transaction on Tuesday, December 17th. The stock was sold at an average price of $11.76, for a total value of $82,320.00. Following the sale, the director now directly owns 123,754 shares of the company’s stock, valued at $1,455,347.04. This represents a 5.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 34.30% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

LIND has been the subject of a number of research reports. B. Riley upped their price objective on shares of Lindblad Expeditions from $15.00 to $16.00 and gave the company a “buy” rating in a research note on Friday, August 23rd. Craig Hallum lifted their price objective on Lindblad Expeditions from $12.00 to $16.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Finally, StockNews.com upgraded Lindblad Expeditions from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $14.25.

Lindblad Expeditions Price Performance

Shares of NASDAQ:LIND opened at $12.48 on Friday. Lindblad Expeditions Holdings, Inc. has a 1 year low of $6.35 and a 1 year high of $14.34. The company has a market cap of $680.21 million, a PE ratio of -16.64 and a beta of 3.11. The stock’s 50-day moving average is $11.75 and its 200 day moving average is $9.95.

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.