Lindblad Expeditions (NASDAQ:LIND) Stock: Insider Sven-Olof Lindblad Sells 68,400 Shares

October 30, 2026 by InsiderTrades.com

Key Points

Director Sven-Olof Lindblad sold 68,400 shares at an average price of $35.26, generating approximately $2.41 million. He continues to own about 10 million shares, but the sale follows a broader series of October disposals.
Lindblad Expeditions shares opened at $37.38, near their 12-month high of $37.47, with a market capitalization of approximately $2.45 billion. The stock’s 50-day and 200-day moving averages are $31.16 and $24.31, respectively.
Quarterly results beat analyst expectations: revenue reached $199.25 million versus the $185.86 million consensus, while the $0.02-per-share loss was narrower than expected. Analyst sentiment is “Moderate Buy,” although the average $31.50 price target is below the recent trading range.

Lindblad Expeditions (NASDAQ:LIND - Get Free Report) Director Sven-Olof Lindblad sold 68,400 shares of the stock in a transaction that occurred on Wednesday, October 28th. The shares were sold at an average price of $35.26, for a total transaction of $2,411,784.00. Following the sale, the director directly owned 10,004,074 shares in the company, valued at $352,743,649.24. This trade represents a 0.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Buy, Hold, or Wait: 3 Small-Cap Stocks Telling Different Stories

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

On Thursday, October 29th, Sven-Olof Lindblad sold 66,872 shares of Lindblad Expeditions stock. The shares were sold at an average price of $36.95, for a total transaction of $2,470,920.40.
On Tuesday, October 27th, Sven-Olof Lindblad sold 94,925 shares of Lindblad Expeditions stock. The stock was sold at an average price of $35.52, for a total transaction of $3,371,736.00.
On Monday, October 26th, Sven-Olof Lindblad sold 49,969 shares of Lindblad Expeditions stock. The stock was sold at an average price of $35.25, for a total transaction of $1,761,407.25.
On Friday, October 23rd, Sven-Olof Lindblad sold 66,160 shares of Lindblad Expeditions stock. The stock was sold at an average price of $34.23, for a total value of $2,264,656.80.
On Thursday, October 22nd, Sven-Olof Lindblad sold 67,974 shares of Lindblad Expeditions stock. The shares were sold at an average price of $35.68, for a total value of $2,425,312.32.
On Wednesday, October 21st, Sven-Olof Lindblad sold 97,470 shares of Lindblad Expeditions stock. The shares were sold at an average price of $36.23, for a total value of $3,531,338.10.
On Tuesday, October 20th, Sven-Olof Lindblad sold 75,545 shares of Lindblad Expeditions stock. The shares were sold at an average price of $35.49, for a total value of $2,681,092.05.
On Monday, October 19th, Sven-Olof Lindblad sold 83,500 shares of Lindblad Expeditions stock. The shares were sold at an average price of $34.29, for a total value of $2,863,215.00.
On Friday, October 16th, Sven-Olof Lindblad sold 79,185 shares of Lindblad Expeditions stock. The stock was sold at an average price of $34.74, for a total value of $2,750,886.90.

Lindblad Expeditions Stock Up 4.4%

Shares of LIND opened at $37.38 on Friday. Lindblad Expeditions has a 12-month low of $11.37 and a 12-month high of $37.47. The firm has a market capitalization of $2.45 billion, a PE ratio of -98.37 and a beta of 2.24. The stock's fifty day simple moving average is $31.16 and its 200-day simple moving average is $24.31.

Lindblad Expeditions (NASDAQ:LIND - Get Free Report) last posted its quarterly earnings results on Monday, August 3rd. The company reported ($0.02) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.10) by $0.08. The business had revenue of $199.25 million for the quarter, compared to analysts' expectations of $185.86 million. Lindblad Expeditions had a negative return on equity of 0.56% and a negative net margin of 2.08%. Analysts anticipate that Lindblad Expeditions will post 0.22 EPS for the current year.

Analysts Set New Price Targets

LIND has been the topic of several recent research reports. Zacks Research raised shares of Lindblad Expeditions from a "hold" rating to a "strong-buy" rating in a research note on Friday, October 2nd. Weiss Ratings reissued a "sell (d-)" rating on shares of Lindblad Expeditions in a research note on Thursday, October 15th. Wall Street Zen raised shares of Lindblad Expeditions from a "hold" rating to a "buy" rating in a research note on Sunday, September 20th. Jefferies Financial Group increased their price objective on shares of Lindblad Expeditions from $29.00 to $32.00 and gave the company a "hold" rating in a report on Thursday, October 8th. Finally, Stifel Nicolaus set a $37.00 price objective on shares of Lindblad Expeditions in a research note on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $31.50.

View Our Latest Stock Analysis on Lindblad Expeditions

Institutional Investors Weigh In On Lindblad Expeditions

Several hedge funds have recently bought and sold shares of the company. Pinnacle Wealth Planning Services Inc. grew its holdings in shares of Lindblad Expeditions by 11.6% in the 3rd quarter. Pinnacle Wealth Planning Services Inc. now owns 5,202 shares of the company's stock valued at $163,000 after buying an additional 541 shares during the period. Tectonic Advisors LLC bought a new stake in shares of Lindblad Expeditions in the 3rd quarter valued at $925,000. Sterling Capital Management LLC increased its position in shares of Lindblad Expeditions by 846.0% in the 3rd quarter. Sterling Capital Management LLC now owns 1,665 shares of the company's stock valued at $52,000 after buying an additional 1,489 shares in the last quarter. Pinnacle Associates Ltd. increased its position in shares of Lindblad Expeditions by 8.0% in the 3rd quarter. Pinnacle Associates Ltd. now owns 864,233 shares of the company's stock valued at $27,163,000 after buying an additional 64,185 shares in the last quarter. Finally, State of Alaska Department of Revenue raised its stake in Lindblad Expeditions by 20.5% during the 3rd quarter. State of Alaska Department of Revenue now owns 3,300 shares of the company's stock worth $103,000 after buying an additional 562 shares during the period. 75.94% of the stock is currently owned by institutional investors and hedge funds.

Lindblad Expeditions News Summary

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

Positive Sentiment: New 2028–2029 deployment expands future sales opportunities. National Geographic-Lindblad Expeditions completed its 2028–2029 schedule with new itineraries and additional ways for customers to explore, potentially supporting bookings, revenue visibility and long-term demand. National Geographic-Lindblad Expeditions Completes 2028-29 Deployment With New Itineraries
Positive Sentiment: Recent earnings exceeded expectations. Lindblad reported quarterly revenue of $199.25 million versus the $185.86 million analyst consensus and a loss of $0.02 per share, better than the expected $0.10 loss. The company is projected to post positive full-year EPS of $0.22.
Positive Sentiment: Institutional ownership and buying provide support. BlackRock and Bank of New York Mellon initiated sizable positions, while Arrowstreet Capital and Dimensional Fund Advisors increased their holdings. Institutions and hedge funds collectively own approximately 75.9% of the shares.
Neutral Sentiment: Analyst sentiment is mixed. Lindblad has a “Moderate Buy” consensus, including recent upgrades from Zacks and Wall Street Zen, but the average analyst price target of $31.50 is below the stock’s recent trading range. Ratings include one Strong Buy, four Buys, three Holds and one Sell.
Negative Sentiment: Director Sven-Olof Lindblad has continued selling shares. He sold a combined 230,197 shares in transactions dated October 27–29 for approximately $8.25 million, following several additional sales earlier in October. Although he still owns nearly 9.94 million shares, the repeated insider selling could signal profit-taking and create a perception of limited near-term upside. SEC Insider Trading Filing

About Lindblad Expeditions

(Get Free Report)

Lindblad Expeditions Holdings, Inc (NASDAQ:LIND) operates expedition cruises and adventure travel experiences focused on nature, culture and education. Through its Lindblad Expeditions brand, the company provides small-ship voyages designed to take travelers to remote destinations while emphasizing exploration, conservation and expert-led interpretation.

The company's offerings include ocean and river expeditions, wildlife-focused voyages, cultural journeys and land-based adventures. Trips commonly feature naturalists, historians, photographers and other specialists, along with activities such as shore excursions, hiking, kayaking, snorkeling and wildlife observation.