Bank of America Corp DE Has $1.14 Million Holdings in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Bank of America Corp DE lifted its position in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 83.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 96,117 shares of the company’s stock after acquiring an additional 43,824 shares during the period. Bank of America Corp DE owned approximately 0.18% of Lindblad Expeditions worth $1,140,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Manchester Capital Management LLC raised its position 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 period. New York State Teachers Retirement System bought a new stake in Lindblad Expeditions during the 4th quarter worth approximately $38,000. KLP Kapitalforvaltning AS bought a new stake in Lindblad Expeditions during the 4th quarter worth approximately $110,000. NewEdge Advisors LLC bought a new stake in Lindblad Expeditions during the 4th quarter worth approximately $121,000. Finally, Envestnet Asset Management Inc. bought a new stake in Lindblad Expeditions during the 4th quarter worth approximately $150,000. 75.94% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently issued reports on LIND shares. Craig Hallum set a $16.00 target price on Lindblad Expeditions and gave the stock a “buy” rating in a research note on Friday, May 23rd. Wall Street Zen raised Lindblad Expeditions from a “hold” rating to a “buy” rating in a research note on Friday.

Lindblad Expeditions Stock Up 0.5%

Shares of LIND opened at $10.98 on Friday. The stock has a market capitalization of $600.69 million, a P/E ratio of -14.64 and a beta of 2.65. Lindblad Expeditions Holdings, Inc. has a twelve month low of $6.76 and a twelve month high of $14.34. The company has a 50 day moving average of $9.44 and a 200-day moving average of $10.97.

Insider Transactions at Lindblad Expeditions

In other Lindblad Expeditions news, Director Alex P. Schultz purchased 36,375 shares of the firm’s stock in a transaction dated Monday, April 21st. The stock was bought at an average cost of $7.97 per share, with a total value of $289,908.75. Following the purchase, the director now directly owns 283,323 shares of the company’s stock, valued at $2,258,084.31. The trade was a 14.73% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 34.30% of the company’s stock.

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.