Sherbrooke Park Advisers LLC Sells 5,991 Shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Sherbrooke Park Advisers LLC decreased its holdings in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) by 21.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,903 shares of the company’s stock after selling 5,991 shares during the period. Sherbrooke Park Advisers LLC’s holdings in Lindblad Expeditions were worth $260,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Anchor Capital Management Company LLC raised its holdings in shares of Lindblad Expeditions by 6.9% during the fourth quarter. Anchor Capital Management Company LLC now owns 1,529,089 shares of the company’s stock valued at $18,135,000 after acquiring an additional 98,514 shares in the last quarter. Black Diamond Financial LLC increased its position in Lindblad Expeditions by 4.0% during the 4th quarter. Black Diamond Financial LLC now owns 940,912 shares of the company’s stock valued at $11,159,000 after purchasing an additional 36,460 shares during the period. Silvercrest Asset Management Group LLC increased its position in Lindblad Expeditions by 29.6% during the 4th quarter. Silvercrest Asset Management Group LLC now owns 739,108 shares of the company’s stock valued at $8,766,000 after purchasing an additional 168,958 shares during the period. Portolan Capital Management LLC raised its holdings in Lindblad Expeditions by 109.9% in the 4th quarter. Portolan Capital Management LLC now owns 544,273 shares of the company’s stock worth $6,455,000 after purchasing an additional 284,930 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Lindblad Expeditions by 59.4% in 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. Institutional investors own 75.94% of the company’s stock.

Insiders Place Their Bets

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

Analyst Ratings Changes

Separately, StockNews.com upgraded shares of Lindblad Expeditions from a “hold” rating to a “buy” rating in a research report on Wednesday, May 7th.

Lindblad Expeditions Stock Down 3.4%

LIND opened at $10.62 on Tuesday. Lindblad Expeditions Holdings, Inc. has a 52 week low of $6.76 and a 52 week high of $14.34. The stock has a market cap of $581.00 million, a PE ratio of -14.16 and a beta of 2.65. The business has a 50 day moving average of $9.30 and a 200-day moving average of $11.17.

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.