Graham Capital Management L.P. Grows Stock Holdings in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Graham Capital Management L.P. grew its holdings in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 4.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,748 shares of the company’s stock after purchasing an additional 1,315 shares during the quarter. Graham Capital Management L.P. owned about 0.06% of Lindblad Expeditions worth $377,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Manchester Capital Management LLC lifted its stake in Lindblad Expeditions by 91.3% in the 4th quarter. Manchester Capital Management LLC now owns 2,850 shares of the company’s stock worth $34,000 after purchasing an additional 1,360 shares in the last quarter. New York State Teachers Retirement System purchased a new position in Lindblad Expeditions in the 4th quarter worth approximately $38,000. KLP Kapitalforvaltning AS acquired a new stake in shares of Lindblad Expeditions during the 4th quarter worth approximately $110,000. NewEdge Advisors LLC acquired a new stake in shares of Lindblad Expeditions during the 4th quarter worth approximately $121,000. Finally, Caxton Associates LP acquired a new stake in shares of Lindblad Expeditions during the 4th quarter worth approximately $124,000. 75.94% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Lindblad Expeditions

In related news, Director Alex P. Schultz bought 36,375 shares of the company’s stock in a transaction that occurred 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 acquisition, the director now owns 283,323 shares of the company’s stock, valued at approximately $2,258,084.31. This trade represents a 14.73% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 34.30% of the company’s stock.

Lindblad Expeditions Price Performance

Shares of NASDAQ LIND opened at $10.99 on Friday. The company has a 50 day simple moving average of $9.30 and a 200-day simple moving average of $11.14. The company has a market capitalization of $601.24 million, a P/E ratio of -14.65 and a beta of 2.65. Lindblad Expeditions Holdings, Inc. has a 1 year low of $6.76 and a 1 year high of $14.34.

Wall Street Analyst Weigh In

Separately, StockNews.com upgraded shares of 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.