Lindblad Expeditions Holdings Inc (LIND): Does It Stack Up To Its Peers?

Now that we’ve mentioned the most bullish investors, let’s also take a look at some funds that dumped their entire stakes in the stock during the third quarter. At the top of the heap, Richard Barrera’s Roystone Capital Partners dumped the largest stake of the 700 funds monitored by Insider Monkey, valued at about $5.4 million in stock, and Louis Bacon’s Moore Global Investments was right behind this move, as the fund dumped about $0.8 million worth of shares.

Let’s check out hedge fund activity in other stocks similar to Lindblad Expeditions Holdings Inc (NASDAQ:LIND). These stocks are DXP Enterprises Inc (NASDAQ:DXPE), AAC Holdings Inc (NYSE:AAC), Genesis Healthcare Inc (NYSE:GEN), and YRC Worldwide, Inc. (NASDAQ:YRCW). This group of stocks’ market values are closest to LIND’s market value.

As you can see these stocks had an average of 10 hedge funds with bullish positions and the average amount invested in these stocks was $54 million. That figure was $32 million in LIND’s case. YRC Worldwide, Inc. (NASDAQ:YRCW) is the most popular stock in this table. On the other hand Genesis Healthcare Inc (NYSE:GEN) is the least popular one with only 5 bullish hedge fund positions. Lindblad Expeditions Holdings Inc (NASDAQ:LIND) is not the most popular stock in this group but hedge fund interest is still above average. This is a slightly positive signal but we’d rather spend our time researching stocks that hedge funds are piling on. In this regard YRCW might be a better candidate to consider taking a long position in.

Disclosure: None