Russell Investments Group Ltd. Buys Shares of 27,351 Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Russell Investments Group Ltd. bought a new stake in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 27,351 shares of the company’s stock, valued at approximately $261,000. Russell Investments Group Ltd. owned 0.05% of Lindblad Expeditions at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Point72 Middle East FZE bought a new stake in shares of Lindblad Expeditions during the fourth quarter valued at approximately $30,000. New England Capital Financial Advisors LLC lifted its holdings in shares of Lindblad Expeditions by 33.3% in the 1st quarter. New England Capital Financial Advisors LLC now owns 4,000 shares of the company’s stock worth $38,000 after buying an additional 1,000 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Lindblad Expeditions by 28.9% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,017 shares of the company’s stock worth $62,000 after buying an additional 1,797 shares in the last quarter. Barclays PLC increased its stake in shares of Lindblad Expeditions by 533.3% during the fourth quarter. Barclays PLC now owns 9,018 shares of the company’s stock valued at $69,000 after buying an additional 7,594 shares during the period. Finally, BNP Paribas Arbitrage SA raised its holdings in shares of Lindblad Expeditions by 98.8% in the second quarter. BNP Paribas Arbitrage SA now owns 9,021 shares of the company’s stock valued at $73,000 after acquiring an additional 4,484 shares in the last quarter. Hedge funds and other institutional investors own 61.59% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Lindblad Expeditions in a report on Thursday, August 17th. They set a “hold” rating on the stock.

Insider Buying and Selling

In related news, Director Sven-Olof Lindblad sold 15,265 shares of the business’s stock in a transaction that occurred on Friday, July 28th. The shares were sold at an average price of $12.05, for a total transaction of $183,943.25. Following the completion of the transaction, the director now owns 11,858,293 shares in the company, valued at approximately $142,892,430.65. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 34.80% of the stock is currently owned by company insiders.

Lindblad Expeditions Stock Performance

NASDAQ:LIND opened at $8.87 on Tuesday. Lindblad Expeditions Holdings, Inc. has a one year low of $5.91 and a one year high of $12.46. The firm has a market cap of $473.04 million, a P/E ratio of -6.82 and a beta of 2.43. The firm has a 50-day simple moving average of $10.23 and a 200-day simple moving average of $10.06.

Lindblad Expeditions (NASDAQ:LIND) last posted its quarterly earnings results on Thursday, July 27th. The company reported ($0.48) EPS for the quarter, missing the consensus estimate of ($0.36) by ($0.12). The firm had revenue of $124.80 million for the quarter, compared to analyst estimates of $112.30 million. On average, research analysts predict that Lindblad Expeditions Holdings, Inc. will post -0.67 EPS for the current fiscal year.

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.