Portolan Capital Management LLC Has $6.46 Million Stock Holdings in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Portolan Capital Management LLC raised its stake in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 109.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 544,273 shares of the company’s stock after buying an additional 284,930 shares during the quarter. Portolan Capital Management LLC owned 1.00% of Lindblad Expeditions worth $6,455,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Walleye Capital LLC bought a new position in shares of Lindblad Expeditions during the fourth quarter worth $209,000. XTX Topco Ltd increased its holdings in shares of Lindblad Expeditions by 44.3% in the fourth quarter. XTX Topco Ltd now owns 30,460 shares of the company’s stock worth $361,000 after acquiring an additional 9,357 shares in the last quarter. Barclays PLC raised its position in shares of Lindblad Expeditions by 19.2% during the fourth quarter. Barclays PLC now owns 71,828 shares of the company’s stock worth $852,000 after purchasing an additional 11,594 shares during the period. Raymond James Financial Inc. bought a new position in shares of Lindblad Expeditions during the 4th quarter valued at about $2,415,000. Finally, Renaissance Technologies LLC grew its position in shares of Lindblad Expeditions by 5.4% in the 4th quarter. Renaissance Technologies LLC now owns 195,999 shares of the company’s stock valued at $2,325,000 after purchasing an additional 10,100 shares during the period. Institutional investors and hedge funds own 75.94% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Lindblad Expeditions from a “buy” rating to a “hold” rating in a research report on Monday, March 3rd.

Lindblad Expeditions Stock Up 1.4 %

NASDAQ:LIND opened at $8.15 on Monday. Lindblad Expeditions Holdings, Inc. has a twelve month low of $6.35 and a twelve month high of $14.34. The firm has a market capitalization of $444.88 million, a price-to-earnings ratio of -10.87 and a beta of 2.87. The stock’s 50 day moving average price is $10.55 and its two-hundred day moving average price is $11.22.

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.