Sven-Olof Lindblad Sells 75,314 Shares of Lindblad Expeditions (NASDAQ:LIND) Stock

Lindblad Expeditions (NASDAQ:LINDGet Free Report) Director Sven-Olof Lindblad sold 75,314 shares of the stock in a transaction on Wednesday, January 21st. The shares were sold at an average price of $16.03, for a total value of $1,207,283.42. Following the completion of the sale, the director owned 11,628,128 shares in the company, valued at approximately $186,398,891.84. The trade was a 0.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

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

  • 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 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 value of $1,261,748.40.

Lindblad Expeditions Price Performance

LIND stock opened at $15.91 on Friday. The business’s 50-day moving average is $13.94 and its two-hundred day moving average is $13.24. The firm has a market capitalization of $881.41 million, a P/E 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:LINDGet Free Report) last released its earnings results on Tuesday, November 4th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates 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. On average, analysts expect that Lindblad Expeditions will post -0.43 EPS for the current year.

Key Headlines Impacting Lindblad Expeditions

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)

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Citigroup initiated coverage on shares of Lindblad Expeditions in a research note on Tuesday, December 30th. They set a “buy” rating for the company. Wall Street Zen downgraded Lindblad Expeditions from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Lindblad Expeditions in a report on Wednesday, October 8th. Zacks Research raised Lindblad Expeditions from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 6th. Finally, Benchmark reaffirmed 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $19.00.

Read Our Latest Research Report on LIND

Institutional Trading of Lindblad Expeditions

Hedge funds and other institutional investors have recently made changes to their positions in the company. State of Alaska Department of Revenue acquired a new stake in shares of Lindblad Expeditions in the 3rd quarter valued at about $35,000. Osaic Holdings Inc. lifted its stake 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 buying an additional 1,322 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in Lindblad Expeditions by 222.1% in the second 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 boosted its holdings in shares of Lindblad Expeditions by 188.1% in the third quarter. CWM LLC now owns 4,849 shares of the company’s stock valued at $62,000 after acquiring an additional 3,166 shares during the period. Finally, AlphaQuest LLC grew 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 acquiring an additional 5,427 shares during 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.

Further Reading

Insider Buying and Selling by Quarter for Lindblad Expeditions (NASDAQ:LIND)

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