Villere ST Denis J & Co. LLC Makes New Investment in Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND)

Villere ST Denis J & Co. LLC purchased a new position in shares of Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 20,071 shares of the company’s stock, valued at approximately $238,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. SG Americas Securities LLC acquired a new position in Lindblad Expeditions in the 3rd quarter valued at about $139,000. Semanteon Capital Management LP acquired a new position in shares of Lindblad Expeditions in the third quarter valued at approximately $222,000. Pinnacle Associates Ltd. grew its holdings in shares of Lindblad Expeditions by 1.1% in the third quarter. Pinnacle Associates Ltd. now owns 602,015 shares of the company’s stock valued at $5,569,000 after purchasing an additional 6,267 shares in the last quarter. Principal Financial Group Inc. increased its stake in Lindblad Expeditions by 1.6% during the 3rd quarter. Principal Financial Group Inc. now owns 1,688,549 shares of the company’s stock worth $15,619,000 after buying an additional 26,647 shares during the period. Finally, Assetmark Inc. lifted its holdings in Lindblad Expeditions by 49.6% during the 3rd quarter. Assetmark Inc. now owns 5,191 shares of the company’s stock worth $48,000 after buying an additional 1,722 shares in the last quarter. Hedge funds and other institutional investors own 75.94% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. StockNews.com raised Lindblad Expeditions from a “hold” rating to a “buy” rating in a research report on Wednesday, November 6th. Craig Hallum upped their price target on Lindblad Expeditions from $12.00 to $16.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, Lindblad Expeditions has an average rating of “Moderate Buy” and a consensus target price of $14.25.

Insiders Place Their Bets

In related news, Director John M. Fahey, Jr. sold 7,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 17th. The stock was sold at an average price of $11.76, for a total value of $82,320.00. Following the completion of the transaction, the director now directly owns 123,754 shares of the company’s stock, valued at $1,455,347.04. This represents a 5.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 34.30% of the stock is owned by company insiders.

Lindblad Expeditions Stock Performance

Shares of NASDAQ LIND opened at $13.20 on Friday. The stock’s 50-day moving average is $12.11 and its two-hundred day moving average is $10.87. Lindblad Expeditions Holdings, Inc. has a 1-year low of $6.35 and a 1-year high of $14.34.

Lindblad Expeditions Company 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.