Lindblad Expeditions (NASDAQ:LIND) Director Sven-Olof Lindblad Sells 62,100 Shares

Lindblad Expeditions (NASDAQ:LIND) Director Sven-Olof Lindblad sold 62,100 shares of the firm’s stock in a transaction dated Thursday, January 22nd. The stock was sold at an average price of $16.48, for a total transaction of $1,023,408.00. Following the transaction, the director directly owned 11,566,028 shares of the company’s stock, valued at $190,608,141.44. The trade was a 0.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Sven-Olof Lindblad also recently made the following trade(s):

• On Wednesday, January 21st, Sven-Olof Lindblad sold 75,314 shares of Lindblad Expeditions stock. The shares were sold at an average price of $16.03, for a total transaction of $1,207,283.42.
• On Tuesday, January 20th, Sven-Olof Lindblad sold 80,520 shares of Lindblad Expeditions stock. The stock was sold at an average price of $15.67, for a total transaction of $1,261,748.40.

Lindblad Expeditions Trading Down 3.0%

NASDAQ LIND opened at $15.91 on Friday. The stock’s 50 day moving average is $13.94 and its two-hundred day moving average is $13.24. The company has a market capitalization of $881.43 million, a price-to-earnings ratio of -24.11 and a beta of 2.28. Lindblad Expeditions has a 1-year low of $7.45 and a 1-year high of $17.19.

Lindblad Expeditions (NASDAQ:LIND) last issued its earnings results on Tuesday, November 4th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.11. The company had revenue of $240.17 million during the quarter, compared to analyst estimates of $229.68 million. On average, analysts predict that Lindblad Expeditions will post -0.43 earnings per share for the current year.

Lindblad Expeditions News Roundup

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

• Positive Sentiment: Analyst upgrades and higher price targets — several firms have recently given Lindblad buy ratings or lifted targets (Citigroup coverage as a “buy”, Stifel raised its target to $23, Zacks moved to strong-buy, Benchmark reiterated buy), supporting upside vs. prior levels. MarketBeat analyst note
• Positive Sentiment: Recent quarterly results showed an EPS and revenue beat (quarter ended Nov. 4) — evidence of improving demand and pricing power in expedition cruising that underpins forward estimates. Earnings summary
• Neutral Sentiment: Brand and marketing milestones — Lindblad/National Geographic are marking 60 years of expedition travel, a PR event that can help bookings/brand value over time but is unlikely to move the stock materially in the near term. National Geographic-Lindblad commemorates 60 years
• Neutral Sentiment: Partnership for citizen science — a collaboration involving Aurora (thermal imaging of polar ice) supports Lindblad’s sustainability/science positioning, which is positive for brand and customer differentiation but has limited near‑term revenue impact. Aurora partnership article
• Negative Sentiment: Large insider selling by founder/director Sven‑Olof Lindblad — over Jan. 20–22 he sold approximately 218,000 shares across multiple transactions (about $3.49M aggregate at reported prices), reducing his stake slightly. Serial sales from a high‑profile insider can create short‑term downward pressure and signal liquidity-taking to some investors. SEC Form 4 filing (Jan. 22)

Hedge Funds Weigh In On Lindblad Expeditions

Large investors have recently modified their holdings of the stock. State of Alaska Department of Revenue bought a new stake in shares of Lindblad Expeditions during the third quarter valued at approximately $35,000. Osaic Holdings Inc. boosted its position in Lindblad Expeditions by 58.1% in the 2nd quarter. Osaic Holdings Inc. now owns 3,597 shares of the company’s stock valued at $41,000 after buying an additional 1,322 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in Lindblad Expeditions by 222.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,802 shares of the company’s stock valued at $56,000 after buying an additional 3,311 shares during the last quarter. CWM LLC increased its stake in shares of Lindblad Expeditions by 188.1% in the 3rd quarter. CWM LLC now owns 4,849 shares of the company’s stock valued at $62,000 after buying an additional 3,166 shares during the period. Finally, Federated Hermes Inc. raised its position in shares of Lindblad Expeditions by 579.1% during the third quarter. Federated Hermes Inc. now owns 8,129 shares of the company’s stock worth $104,000 after acquiring an additional 6,932 shares during the last quarter. 75.94% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Zacks Research upgraded shares of Lindblad Expeditions from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 6th. Wall Street Zen lowered shares of Lindblad Expeditions from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Citigroup started coverage on shares of Lindblad Expeditions in a report on Tuesday, December 30th. They set a “buy” rating for the company. Benchmark reissued a “buy” rating on shares of Lindblad Expeditions in a report on Thursday, January 15th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Lindblad Expeditions in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Lindblad Expeditions has an average rating of “Moderate Buy” and a consensus target price of $19.00.

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.