Key Points
- CEO Benjamin Bressler sold 16,123 shares on Dec. 22 at an average of $15.02 for about $242,167, reducing his stake by 40.73% to 23,466 shares (≈$352,459).
- The company beat last quarter's estimates with $0.33 EPS (vs. $0.22) and $240.17M revenue (vs. $229.68M), but analysts still expect a full‑year loss (consensus -0.43 EPS) and the stock has an average rating of Hold with a $17 target.
- Shares trade near $14.71 (50/200‑day averages ≈ $12.5), with a one‑year range of $7.45–$15.06, a market cap of about $815M and roughly 75.9% institutional ownership.
Lindblad Expeditions (NASDAQ:LIND - Get Free Report) CEO Benjamin Bressler sold 16,123 shares of the stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $15.02, for a total value of $242,167.46. Following the completion of the sale, the chief executive officer directly owned 23,466 shares in the company, valued at approximately $352,459.32. This represents a 40.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Lindblad Expeditions Price Performance
LIND opened at $14.71 on Wednesday. The stock has a 50-day moving average price of $12.49 and a 200-day moving average price of $12.64. The firm has a market cap of $814.93 million, a PE ratio of -22.29 and a beta of 2.36. Lindblad Expeditions has a 1 year low of $7.45 and a 1 year high of $15.06.
Lindblad Expeditions (NASDAQ:LIND - Get Free Report) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.22 by $0.11. The firm had revenue of $240.17 million for the quarter, compared to analysts' expectations of $229.68 million. As a group, sell-side analysts anticipate that Lindblad Expeditions will post -0.43 EPS for the current year.
Institutional Trading of Lindblad Expeditions
Several large investors have recently added to or reduced their stakes in LIND. State of Alaska Department of Revenue bought a new position in Lindblad Expeditions in the third quarter worth approximately $35,000. Osaic Holdings Inc. grew its position in shares of Lindblad Expeditions by 58.1% during the 2nd quarter. Osaic Holdings Inc. now owns 3,597 shares of the company's stock valued at $41,000 after acquiring an additional 1,322 shares during the period. Tower Research Capital LLC TRC increased its stake in shares of Lindblad Expeditions by 222.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,802 shares of the company's stock worth $56,000 after purchasing an additional 3,311 shares in the last quarter. CWM LLC raised its holdings in Lindblad Expeditions by 188.1% in the 3rd quarter. CWM LLC now owns 4,849 shares of the company's stock worth $62,000 after purchasing an additional 3,166 shares during the period. Finally, Quantbot Technologies LP lifted its position in Lindblad Expeditions by 28.3% during the first quarter. Quantbot Technologies LP now owns 6,090 shares of the company's stock valued at $56,000 after purchasing an additional 1,345 shares in the last quarter. 75.94% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
LIND has been the subject of a number of recent analyst reports. Weiss Ratings restated a "sell (d-)" rating on shares of Lindblad Expeditions in a report on Wednesday, October 8th. Wall Street Zen cut Lindblad Expeditions from a "buy" rating to a "hold" rating in a research note on Saturday, October 25th. Finally, Zacks Research downgraded Lindblad Expeditions from a "strong-buy" rating to a "hold" rating in a report on Tuesday, November 4th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $17.00.
Check Out Our Latest Report on LIND
Lindblad Expeditions Company Profile
(
Get Free Report)
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.
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