The average one-year price target for Lindblad Expeditions Holdings (NasdaqCM:LIND) has been adjusted to $23.80 per share, a 22.81% increase from the prior estimate of $19.38. This reflects a potential upside of 40.91% from the latest reported closing price of $16.89.
Currently, 191 funds report positions in Lindblad, although this is a decrease of 137 (41.77%) in the last quarter. Institutional ownership has declined by 14.78% over the past three months, totaling 38.76 million shares.
Ariel Investments retains 5.12 million shares (7.84% ownership), having reduced its holdings by 7.93%. Conversely, Principal Financial Group increased its stakes by 8.24% to 1.48 million shares (2.27% ownership).
