11,753 Shares in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Bought by Balyasny Asset Management L.P.

Balyasny Asset Management L.P. acquired a new stake in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 11,753 shares of the company’s stock, valued at approximately $139,000.

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

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Lindblad Expeditions from a “hold” rating to a “buy” rating in a research report on Wednesday, May 7th.

Insider Buying and Selling

In other news, Director Alex P. Schultz purchased 36,375 shares of Lindblad Expeditions 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 transaction, the director now directly owns 283,323 shares in the company, valued at $2,258,084.31. The trade was a 14.73% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. 34.30% of the stock is currently owned by company insiders.

Lindblad Expeditions Stock Performance

Shares of LIND opened at $10.99 on Monday. The firm has a market capitalization of $601.24 million, a PE ratio of -14.65 and a beta of 2.65. Lindblad Expeditions Holdings, Inc. has a 52-week low of $6.76 and a 52-week high of $14.34. The stock has a 50 day simple moving average of $9.30 and a 200 day simple moving average of $11.16.

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.