Key Points
- Sven-Olof Lindblad, a Lindblad Expeditions director, sold about 296,903 shares across Jan. 20–26 for roughly $4.76 million, and still holds approximately 11,529,962 shares (≈$185.4M).
- LIND trades near $16.08 with a market cap around $891M; the company recently beat quarterly estimates (EPS $0.33 vs. $0.22; revenue $240.2M vs. $229.7M) and carries a consensus analyst rating of "Moderate Buy" with an average target of $19.
Lindblad Expeditions (NASDAQ:LIND - Get Free Report) Director Sven-Olof Lindblad sold 36,066 shares of the firm's stock in a transaction on Friday, January 23rd. The stock was sold at an average price of $16.08, for a total value of $579,941.28. Following the sale, the director owned 11,529,962 shares in the company, valued at $185,401,788.96. This trade represents a 0.31% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Sven-Olof Lindblad also recently made the following trade(s):
- On Monday, January 26th, Sven-Olof Lindblad sold 42,903 shares of Lindblad Expeditions stock. The shares were sold at an average price of $16.03, for a total value of $687,735.09.
- On Thursday, January 22nd, Sven-Olof Lindblad sold 62,100 shares of Lindblad Expeditions stock. The stock was sold at an average price of $16.48, for a total value of $1,023,408.00.
- 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 value of $1,207,283.42.
- On Tuesday, January 20th, Sven-Olof Lindblad sold 80,520 shares of Lindblad Expeditions stock. The shares were sold at an average price of $15.67, for a total value of $1,261,748.40.
Lindblad Expeditions Price Performance
NASDAQ LIND opened at $16.08 on Tuesday. The company has a market cap of $890.83 million, a P/E ratio of -24.36 and a beta of 2.28. Lindblad Expeditions has a 12 month low of $7.45 and a 12 month high of $17.19. The company has a 50-day moving average of $14.03 and a 200-day moving average of $13.26.
Lindblad Expeditions (NASDAQ:LIND - Get Free Report) last released its earnings results on Tuesday, November 4th. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.22 by $0.11. The company had revenue of $240.17 million during the quarter, compared to analysts' expectations of $229.68 million. As a group, equities research analysts anticipate that Lindblad Expeditions will post -0.43 EPS for the current year.
Analyst Ratings Changes
A number of research analysts recently weighed in on LIND shares. Citigroup assumed coverage on Lindblad Expeditions in a report on Tuesday, December 30th. They issued a "buy" rating on the stock. Weiss Ratings restated a "sell (d-)" rating on shares of Lindblad Expeditions in a report on Thursday. Zacks Research raised Lindblad Expeditions from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 6th. Stifel Nicolaus increased their target price on shares of Lindblad Expeditions from $20.00 to $23.00 and gave the stock a "buy" rating in a research report on Monday, January 12th. Finally, Benchmark restated a "buy" rating on shares of Lindblad Expeditions in a report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $19.00.
View Our Latest Report on LIND
Institutional Investors Weigh In On Lindblad Expeditions
A number of large investors have recently modified their holdings of LIND. State of Alaska Department of Revenue acquired a new position in Lindblad Expeditions during the 3rd quarter worth approximately $35,000. Osaic Holdings Inc. grew its position in Lindblad Expeditions by 58.1% in the second 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 in the last quarter. Tower Research Capital LLC TRC raised its stake in shares of Lindblad Expeditions by 222.1% during the second quarter. Tower Research Capital LLC TRC now owns 4,802 shares of the company's stock valued at $56,000 after purchasing an additional 3,311 shares during the period. CWM LLC raised its stake in shares of Lindblad Expeditions by 188.1% during the third quarter. CWM LLC now owns 4,849 shares of the company's stock valued at $62,000 after purchasing an additional 3,166 shares during the period. Finally, AlphaQuest LLC lifted its position in shares of Lindblad Expeditions by 167.4% during the second quarter. AlphaQuest LLC now owns 8,669 shares of the company's stock worth $101,000 after purchasing an additional 5,427 shares in the last quarter. Institutional investors and hedge funds own 75.94% of the company's stock.
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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