Goldman Sachs Group Inc. bought a new stake in Lindblad Expeditions Holdings Inc. (NASDAQ:LIND) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 115,971 shares of the company’s stock, valued at approximately $1,039,000.

Several other large investors also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Lindblad Expeditions Holdings by 1.0% in the first quarter. Vanguard Group Inc. now owns 852,998 shares of the company’s stock valued at $7,643,000 after buying an additional 8,224 shares during the last quarter. Royce & Associates LP increased its position in Lindblad Expeditions Holdings by 13.6% in the first quarter. Royce & Associates LP now owns 833,600 shares of the company’s stock valued at $7,469,000 after buying an additional 100,000 shares during the period. Epoch Investment Partners Inc. purchased a new position in Lindblad Expeditions Holdings during the first quarter valued at about $3,735,000. Russell Investments Group Ltd. increased its position in Lindblad Expeditions Holdings by 25.9% in the first quarter. Russell Investments Group Ltd. now owns 188,000 shares of the company’s stock valued at $1,684,000 after buying an additional 38,700 shares during the period. Finally, Geode Capital Management LLC increased its position in Lindblad Expeditions Holdings by 4.9% in the first quarter. Geode Capital Management LLC now owns 162,053 shares of the company’s stock valued at $1,451,000 after buying an additional 7,501 shares during the period. Institutional investors own 45.30% of the company’s stock.

Lindblad Expeditions Holdings Inc. (NASDAQ LIND) traded down 1.46% on Friday, hitting $10.10. The stock had a trading volume of 61,129 shares. The company’s market cap is $455.17 million. The stock has a 50-day moving average of $10.14 and a 200-day moving average of $9.47. Lindblad Expeditions Holdings Inc. has a one year low of $7.75 and a one year high of $10.73.

Lindblad Expeditions Holdings (NASDAQ:LIND) last announced its earnings results on Thursday, August 3rd. The company reported ($0.06) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.08) by $0.02. Lindblad Expeditions Holdings had a positive return on equity of 0.87% and a negative net margin of 1.30%. The business had revenue of $55.57 million during the quarter, compared to analysts’ expectations of $50.84 million. Equities analysts expect that Lindblad Expeditions Holdings Inc. will post $0.14 earnings per share for the current fiscal year.

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Several research firms have recently issued reports on LIND. Zacks Investment Research downgraded Lindblad Expeditions Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, April 18th. Imperial Capital began coverage on Lindblad Expeditions Holdings in a research note on Tuesday, April 18th. They set an “outperform” rating and a $12.00 price target for the company. Deutsche Bank AG reaffirmed a “hold” rating and set a $10.00 price target (up previously from $9.50) on shares of Lindblad Expeditions Holdings in a research note on Wednesday. BidaskClub downgraded Lindblad Expeditions Holdings from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 2nd. Finally, Citigroup Inc. reaffirmed a “buy” rating and set a $11.00 price target (down previously from $11.50) on shares of Lindblad Expeditions Holdings in a research note on Saturday, April 22nd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $11.20.

In related news, COO Ian Rogers sold 11,779 shares of the firm’s stock in a transaction dated Thursday, June 1st. The stock was sold at an average price of $9.50, for a total transaction of $111,900.50. Following the completion of the transaction, the chief operating officer now owns 295,029 shares of the company’s stock, valued at $2,802,775.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders have sold 117,606 shares of company stock valued at $1,168,206 in the last ninety days. Company insiders own 50.10% of the company’s stock.

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Institutional Ownership by Quarter for Lindblad Expeditions Holdings (NASDAQ:LIND)

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