New York State Teachers Retirement System Takes $38,000 Position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

New York State Teachers Retirement System purchased a new stake in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,243 shares of the company’s stock, valued at approximately $38,000.

Other large investors have also recently added to or reduced their stakes in the company. Assetmark Inc. lifted its stake in Lindblad Expeditions by 49.6% in the third quarter. Assetmark Inc. now owns 5,191 shares of the company’s stock valued at $48,000 after buying an additional 1,722 shares during the last quarter. Quantbot Technologies LP increased its holdings in shares of Lindblad Expeditions by 307.7% in the 3rd quarter. Quantbot Technologies LP now owns 8,044 shares of the company’s stock worth $74,000 after acquiring an additional 6,071 shares during the period. Paloma Partners Management Co bought a new stake in Lindblad Expeditions in the 3rd quarter valued at about $122,000. Simon Quick Advisors LLC acquired a new position in Lindblad Expeditions during the 4th quarter valued at about $126,000. Finally, Semanteon Capital Management LP bought a new position in Lindblad Expeditions in the 3rd quarter worth about $222,000. 75.94% of the stock is currently owned by institutional investors.

Insider Activity

In other Lindblad Expeditions 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 completion of the sale, the director now directly owns 123,754 shares of the company’s stock, valued at approximately $1,455,347.04. This represents a 5.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 34.30% of the stock is currently owned by company insiders.

Lindblad Expeditions Trading Up 0.7 %

Shares of Lindblad Expeditions stock opened at $11.19 on Tuesday. Lindblad Expeditions Holdings, Inc. has a 52 week low of $6.35 and a 52 week high of $14.34. The stock has a market cap of $609.90 million, a PE ratio of -14.92 and a beta of 3.11. The company’s 50-day moving average price is $12.16 and its two-hundred day moving average price is $11.11.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on LIND. Craig Hallum lifted their price target on Lindblad Expeditions from $12.00 to $16.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. StockNews.com raised Lindblad Expeditions from a “hold” rating to a “buy” rating in a research note on Wednesday, November 6th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Lindblad Expeditions currently has an average rating of “Moderate Buy” and a consensus target price of $14.25.

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.