Nuveen Asset Management LLC Has $1.71 Million Stake in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Nuveen Asset Management LLC increased its position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 29.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 143,895 shares of the company’s stock after purchasing an additional 32,320 shares during the period. Nuveen Asset Management LLC owned approximately 0.26% of Lindblad Expeditions worth $1,707,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Price T Rowe Associates Inc. MD lifted its holdings in shares of Lindblad Expeditions by 29.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,762 shares of the company’s stock worth $176,000 after purchasing an additional 3,381 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Lindblad Expeditions by 59.4% during the 4th quarter. JPMorgan Chase & Co. now owns 514,214 shares of the company’s stock worth $6,099,000 after purchasing an additional 191,546 shares during the period. Villere ST Denis J & Co. LLC bought a new stake in shares of Lindblad Expeditions during the 4th quarter worth $238,000. New York State Common Retirement Fund raised its stake in shares of Lindblad Expeditions by 3,496.6% during the 4th quarter. New York State Common Retirement Fund now owns 331,034 shares of the company’s stock worth $3,926,000 after purchasing an additional 321,830 shares during the period. Finally, Black Diamond Financial LLC increased its holdings in Lindblad Expeditions by 4.0% in the 4th quarter. Black Diamond Financial LLC now owns 940,912 shares of the company’s stock worth $11,159,000 after acquiring an additional 36,460 shares during the last quarter. 75.94% of the stock is currently owned by institutional investors.

Lindblad Expeditions Price Performance

NASDAQ:LIND opened at $10.93 on Wednesday. Lindblad Expeditions Holdings, Inc. has a 1-year low of $6.76 and a 1-year high of $14.34. The business has a 50 day moving average of $9.36 and a 200 day moving average of $11.00. The company has a market capitalization of $597.96 million, a price-to-earnings ratio of -14.57 and a beta of 2.65.

Insider Buying and Selling at Lindblad Expeditions

In related news, Director Alex P. Schultz acquired 36,375 shares of the stock in a transaction on Monday, April 21st. The stock was purchased at an average price of $7.97 per share, for a total transaction of $289,908.75. Following the completion of the transaction, the director now owns 283,323 shares of the company’s stock, valued at $2,258,084.31. This trade represents a 14.73% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 34.30% of the company’s stock.

Wall Street Analyst Weigh In

LIND has been the subject of a number of recent analyst reports. Craig Hallum set a $16.00 target price on Lindblad Expeditions and gave the company a “buy” rating in a report on Friday, May 23rd. Wall Street Zen raised Lindblad Expeditions from a “hold” rating to a “buy” rating in a report on Wednesday, May 7th.

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.