Key Points
- Sven‑Olof Lindblad sold about 218,000 shares across Jan 20–22 (including 62,100 shares on Jan 22 at $16.48), generating roughly $3.49 million while still holding 11,566,028 shares (~$190.6M), a minor ownership decline.
- Separately, Lindblad Expeditions posted an EPS and revenue beat for the quarter ended Nov. 4 and maintains a "Moderate Buy" analyst consensus with an average target of $19, while the stock trades in a 52‑week range of $7.45–$17.19 and a market cap near $881M.
Lindblad Expeditions (NASDAQ:LIND - Get Free Report) Director Sven-Olof Lindblad sold 62,100 shares of the company's stock in a transaction dated Thursday, January 22nd. The shares were sold at an average price of $16.48, for a total transaction of $1,023,408.00. Following the transaction, the director owned 11,566,028 shares in the company, valued at approximately $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 is available at this hyperlink.
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 stock was 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 Price Performance
Shares of NASDAQ LIND opened at $15.91 on Friday. Lindblad Expeditions has a fifty-two week low of $7.45 and a fifty-two week high of $17.19. The firm has a market capitalization of $881.43 million, a P/E ratio of -24.11 and a beta of 2.28. The company's 50 day simple moving average is $13.94 and its 200 day simple moving average is $13.24.
Lindblad Expeditions (NASDAQ:LIND - Get Free Report) last issued its earnings results on Tuesday, November 4th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.22 by $0.11. The business had revenue of $240.17 million for the quarter, compared to the consensus estimate of $229.68 million. Sell-side analysts expect that Lindblad Expeditions will post -0.43 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in Lindblad Expeditions by 1.3% in the third quarter. Vanguard Group Inc. now owns 2,332,262 shares of the company's stock valued at $29,853,000 after purchasing an additional 29,642 shares in the last quarter. Anchor Capital Management Company LLC boosted its stake in shares of Lindblad Expeditions by 7.4% during the 3rd quarter. Anchor Capital Management Company LLC now owns 1,911,106 shares of the company's stock worth $24,462,000 after buying an additional 131,203 shares during the last quarter. Black Diamond Financial LLC grew its holdings in shares of Lindblad Expeditions by 13.6% in the 3rd quarter. Black Diamond Financial LLC now owns 1,068,362 shares of the company's stock valued at $13,675,000 after acquiring an additional 127,950 shares in the last quarter. Penn Capital Management Company LLC increased its position in shares of Lindblad Expeditions by 1.7% in the third quarter. Penn Capital Management Company LLC now owns 969,539 shares of the company's stock valued at $12,423,000 after acquiring an additional 16,418 shares during the last quarter. Finally, Pinnacle Associates Ltd. raised its holdings in Lindblad Expeditions by 4.5% during the third quarter. Pinnacle Associates Ltd. now owns 962,548 shares of the company's stock worth $12,321,000 after acquiring an additional 41,750 shares in the last quarter. Institutional investors and hedge funds own 75.94% of the company's stock.
Lindblad Expeditions News Summary
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)
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on LIND shares. Citigroup started coverage on Lindblad Expeditions in a research note on Tuesday, December 30th. They issued a "buy" rating on the stock. Weiss Ratings reiterated a "sell (d-)" rating on shares of Lindblad Expeditions in a research report on Thursday. Benchmark reissued a "buy" rating on shares of Lindblad Expeditions in a research note on Thursday, January 15th. Stifel Nicolaus upped their target price on shares of Lindblad Expeditions from $20.00 to $23.00 and gave the company a "buy" rating in a research note on Monday, January 12th. Finally, Wall Street Zen lowered shares of Lindblad Expeditions from a "buy" rating to a "hold" rating in a report on Saturday, October 25th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $19.00.
Read Our Latest Stock Report on LIND
About Lindblad Expeditions
(
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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