TD Asset Management Inc. lowered its position in shares of Lindblad Expeditions Holdings Inc. (NASDAQ:LIND) by 15.8% during the second quarter, Holdings Channel reports. The institutional investor owned 1,035,200 shares of the company’s stock after selling 194,900 shares during the period. TD Asset Management Inc.’s holdings in Lindblad Expeditions Holdings were worth $10,870,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of LIND. Rice Hall James & Associates LLC raised its position in Lindblad Expeditions Holdings by 2.9% in the first quarter. Rice Hall James & Associates LLC now owns 38,769 shares of the company’s stock worth $347,000 after buying an additional 1,096 shares in the last quarter. Kirr Marbach & Co. LLC IN raised its position in Lindblad Expeditions Holdings by 1.2% in the first quarter. Kirr Marbach & Co. LLC IN now owns 31,990 shares of the company’s stock worth $287,000 after buying an additional 375 shares in the last quarter. Nationwide Fund Advisors raised its position in Lindblad Expeditions Holdings by 855.1% in the first quarter. Nationwide Fund Advisors now owns 89,064 shares of the company’s stock worth $798,000 after buying an additional 79,739 shares in the last quarter. Malaga Cove Capital LLC raised its position in Lindblad Expeditions Holdings by 108.9% in the first quarter. Malaga Cove Capital LLC now owns 71,430 shares of the company’s stock worth $641,000 after buying an additional 37,230 shares in the last quarter. Finally, Russell Investments Group Ltd. raised 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 worth $1,684,000 after buying an additional 38,700 shares in the last quarter. Institutional investors and hedge funds own 46.23% of the company’s stock.

Shares of Lindblad Expeditions Holdings Inc. (NASDAQ:LIND) opened at 10.20 on Tuesday. The company’s 50-day moving average is $10.15 and its 200-day moving average is $9.47. The company’s market capitalization is $459.67 million. 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 posted its quarterly earnings results on Thursday, August 3rd. The company reported ($0.06) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.08) by $0.02. The business had revenue of $55.57 million during the quarter, compared to the consensus estimate of $50.84 million. Lindblad Expeditions Holdings had a negative net margin of 1.30% and a positive return on equity of 0.87%. Equities analysts predict that Lindblad Expeditions Holdings Inc. will post $0.14 earnings per share for the current year.

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LIND has been the subject of a number of research reports. Zacks Investment Research cut shares of Lindblad Expeditions Holdings from a “hold” rating to a “sell” rating in a report on Tuesday, April 18th. Imperial Capital initiated coverage on shares of Lindblad Expeditions Holdings in a report on Tuesday, April 18th. They set an “outperform” rating and a $12.00 target price for the company. Citigroup Inc. restated a “buy” rating and set a $11.00 target price (down from $11.50) on shares of Lindblad Expeditions Holdings in a report on Saturday, April 22nd. BidaskClub cut shares of Lindblad Expeditions Holdings from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th. Finally, Deutsche Bank AG restated a “hold” rating and set a $10.00 target price (up from $9.50) on shares of Lindblad Expeditions Holdings in a report on Wednesday, August 9th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $11.20.

In related news, COO Ian Rogers sold 11,779 shares of the business’s stock in a transaction that occurred on Thursday, June 1st. The shares were 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 in the company, valued at $2,802,775.50. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last three months, insiders have sold 116,746 shares of company stock valued at $1,160,036. 50.10% of the stock is currently owned by insiders.

Want to see what other hedge funds are holding LIND? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Lindblad Expeditions Holdings Inc. (NASDAQ:LIND).

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

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