UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Buys 5,410 Shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 10.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,635 shares of the company’s stock after purchasing an additional 5,410 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.10% of Lindblad Expeditions worth $660,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Manchester Capital Management LLC raised its position in shares of Lindblad Expeditions by 91.3% in the fourth quarter. Manchester Capital Management LLC now owns 2,850 shares of the company’s stock valued at $34,000 after purchasing an additional 1,360 shares during the period. New York State Teachers Retirement System bought a new position in Lindblad Expeditions during the fourth quarter worth about $38,000. KLP Kapitalforvaltning AS bought a new position in Lindblad Expeditions during the fourth quarter worth about $110,000. ProShare Advisors LLC bought a new position in Lindblad Expeditions during the fourth quarter worth about $120,000. Finally, NewEdge Advisors LLC bought a new position in Lindblad Expeditions during the fourth quarter worth about $121,000. 75.94% of the stock is owned by institutional investors.

Insider Activity

In related news, Director Alex P. Schultz purchased 36,375 shares of Lindblad Expeditions stock in a transaction dated Monday, April 21st. The shares were bought at an average cost of $7.97 per share, for a total transaction of $289,908.75. Following the purchase, the director now owns 283,323 shares in the company, valued at approximately $2,258,084.31. This trade represents a 14.73% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 34.00% of the stock is currently owned by corporate insiders.

Lindblad Expeditions Stock Down 1.1%

Shares of Lindblad Expeditions stock opened at $11.24 on Thursday. The company has a market capitalization of $614.92 million, a price-to-earnings ratio of -14.99 and a beta of 2.65. Lindblad Expeditions Holdings, Inc. has a 12-month low of $6.76 and a 12-month high of $14.34. The firm’s 50-day moving average price is $9.60 and its two-hundred day moving average price is $10.94.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on LIND shares. Wall Street Zen raised shares of Lindblad Expeditions from a “hold” rating to a “buy” rating in a research report on Friday, June 6th. Craig Hallum set a $16.00 price target on shares of Lindblad Expeditions and gave the stock a “buy” rating in a research report on Friday, May 23rd.

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.