Pier Capital LLC Acquires 102,770 Shares of Lindblad Expeditions $LIND

Pier Capital LLC raised its holdings in shares of Lindblad Expeditions (NASDAQ:LIND) by 21.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 577,479 shares of the company’s stock after buying an additional 102,770 shares during the period. Lindblad Expeditions makes up approximately 1.3% of Pier Capital LLC’s portfolio, making the stock its 24th largest position. Pier Capital LLC’s holdings in Lindblad Expeditions were worth $8,327,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in LIND. Millennium Management LLC grew its stake in shares of Lindblad Expeditions by 115.1% in the third quarter. Millennium Management LLC now owns 834,162 shares of the company’s stock valued at $10,677,000 after buying an additional 446,294 shares in the last quarter. UBS Group AG grew its stake in shares of Lindblad Expeditions by 57.9% in the fourth quarter. UBS Group AG now owns 833,372 shares of the company’s stock valued at $12,017,000 after buying an additional 305,704 shares in the last quarter. Algert Global LLC grew its stake in shares of Lindblad Expeditions by 82.2% in the third quarter. Algert Global LLC now owns 548,856 shares of the company’s stock valued at $7,025,000 after buying an additional 247,684 shares in the last quarter. Marshall Wace LLP grew its stake in shares of Lindblad Expeditions by 62.1% in the second quarter. Marshall Wace LLP now owns 568,241 shares of the company’s stock valued at $6,631,000 after buying an additional 217,638 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of Lindblad Expeditions by 26.6% in the third quarter. Arrowstreet Capital Limited Partnership now owns 750,771 shares of the company’s stock valued at $9,610,000 after buying an additional 157,786 shares in the last quarter. 75.94% of the stock is owned by institutional investors.

Analysts Set New Price Targets

LIND has been the subject of several research reports. Stifel Nicolaus raised their price target on Lindblad Expeditions from $20.00 to $23.00 and gave the company a “buy” rating in a report on Monday, January 12th. Benchmark raised their price target on Lindblad Expeditions from $18.00 to $25.00 and gave the company a “buy” rating in a report on Friday, February 27th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Lindblad Expeditions in a report on Tuesday, April 21st. Oppenheimer initiated coverage on Lindblad Expeditions in a report on Monday, March 16th. They set an “outperform” rating and a $25.00 price target for the company. Finally, Zacks Research downgraded Lindblad Expeditions from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 4th. Five research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.25.

Lindblad Expeditions Stock Performance

LIND opened at $21.15 on Friday. Lindblad Expeditions has a fifty-two week low of $9.63 and a fifty-two week high of $22.34. The company has a market capitalization of $1.39 billion, a P/E ratio of -39.17 and a beta of 2.21. The stock has a fifty day moving average of $18.47 and a 200-day moving average of $16.07.

Lindblad Expeditions (NASDAQ:LIND) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of $0.01 by $0.08. The company had revenue of $208.01 million during the quarter, compared to analyst estimates of $197.24 million. On average, equities research analysts predict that Lindblad Expeditions will post 0.06 earnings per share for the current fiscal year.

Key Lindblad Expeditions News

Here are the key news stories impacting Lindblad Expeditions this week:

• Positive Sentiment: Consumer Reports named Lindblad the top cruise line for overall satisfaction — a meaningful brand and trust signal that can support pricing power, repeat bookings and premium yields. Consumer Reports names Lindblad Expeditions top cruise line
• Positive Sentiment: Strong Q1 results: Lindblad reported an EPS beat (roughly $0.09 vs. $0.01 est.) and revenue of ~$208M, topping estimates, alongside record Q1 occupancy — all signs of resilient demand and improving unit economics. Lindblad Expeditions Reports 2026 First Quarter Financial Results
• Positive Sentiment: Net yield strength: company-reported net yield per available guest night of $1,631 highlights robust pricing and revenue per capacity — a key profitability metric for cruise operators. Lindblad: $1,631 Net Yield Per Available Guest Night
• Positive Sentiment: Management reiterated full‑year 2026 revenue guidance of $800M–$850M and a net yield growth target of 4–5%, signaling confidence in demand and pricing momentum. Lindblad reaffirms 2026 revenue of $800M-$850M amid 4%-5% net yield growth target
• Positive Sentiment: Growth runway: Lindblad is eyeing fleet expansion, which could drive incremental revenue and scale if executed without excessive capital strain. Lindblad Expeditions Eyes Fleet Expansion
• Positive Sentiment: Analyst/community sentiment: recent coverage (e.g., Seeking Alpha) highlights the stock’s upside given improving fundamentals, reinforcing buy-side interest. Lindblad Expeditions: Performance Outweighs Risks
• Neutral Sentiment: PR/partnerships: National Geographic fellowships and teacher expeditions tied to Lindblad programs create positive PR and community engagement but have limited near‑term revenue impact. Kamaliʻi Elementary Educator Selected for National Geographic Grosvenor Teacher Fellowship

Insider Transactions at Lindblad Expeditions

In other Lindblad Expeditions news, Director Jr. Thomas S. Smith sold 56,000 shares of Lindblad Expeditions stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $17.57, for a total value of $983,920.00. Following the transaction, the director owned 45,488 shares in the company, valued at $799,224.16. The trade was a 55.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director John M. Fahey, Jr. sold 7,768 shares of Lindblad Expeditions stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $17.66, for a total value of $137,182.88. Following the completion of the transaction, the director owned 122,986 shares in the company, valued at approximately $2,171,932.76. This represents a 5.94% decrease in their position. The disclosure for this sale is available in the SEC filing. 34.00% of the stock is owned by insiders.

Lindblad Expeditions Company Profile

Lindblad Expeditions (NASDAQ: LIND) is a global leader in expedition cruising, specializing in immersive small-ship voyages to some of the world’s most remote and wildlife-rich regions. The company operates a fleet of purpose-built vessels designed to navigate challenging waters and shorelines, offering guests up-close encounters with natural environments such as the polar ice caps, the Galápagos Islands, Costa Rica’s rainforests and the waterways of Alaska, Patagonia and the Arctic.

Founded on the pioneering spirit of Lars-Eric Lindblad, regarded as the father of expedition travel, Lindblad Expeditions carries forward a legacy of discovery that dates back to the 1960s.