Sven-Olof Lindblad Sells 80,520 Shares of Lindblad Expeditions (NASDAQ:LIND) Stock

Lindblad Expeditions (NASDAQ:LIND) Director Sven-Olof Lindblad sold 80,520 shares of the stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $15.67, for a total value of $1,261,748.40. Following the completion of the sale, the director owned 11,703,442 shares of the company’s stock, valued at $183,392,936.14. The trade was a 0.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through 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 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.

Lindblad Expeditions Trading Down 3.0%

Shares of LIND opened at $15.91 on Friday. The business’s 50 day moving average is $13.94 and its 200 day moving average is $13.24. Lindblad Expeditions has a 12-month low of $7.45 and a 12-month high of $17.19. The company has a market capitalization of $881.41 million, a PE ratio of -24.11 and a beta of 2.28.

Lindblad Expeditions (NASDAQ:LIND) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.11. The business had revenue of $240.17 million during the quarter, compared to the consensus estimate of $229.68 million. Equities research analysts predict that Lindblad Expeditions will post -0.43 earnings per share for the current year.

Institutional Investors Weigh In On Lindblad Expeditions

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Pier Capital LLC purchased a new position in shares of Lindblad Expeditions in the 3rd quarter worth approximately $6,076,000. Millennium Management LLC raised its holdings in Lindblad Expeditions by 115.1% during the 3rd quarter. Millennium Management LLC now owns 834,162 shares of the company’s stock valued at $10,677,000 after buying an additional 446,294 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in Lindblad Expeditions by 108.4% during the second quarter. Arrowstreet Capital Limited Partnership now owns 592,985 shares of the company’s stock worth $6,920,000 after buying an additional 308,463 shares during the period. GC Wealth Management RIA LLC bought a new position in Lindblad Expeditions during the second quarter valued at $3,467,000. Finally, Algert Global LLC raised its stake in shares of Lindblad Expeditions by 82.2% in the third quarter. Algert Global LLC now owns 548,856 shares of the company’s stock valued at $7,025,000 after acquiring an additional 247,684 shares during the period. 75.94% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on LIND. Citigroup initiated coverage on shares of Lindblad Expeditions in a report on Tuesday, December 30th. They issued a “buy” rating on the stock. Weiss Ratings reaffirmed 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 note on Tuesday, January 6th. Wall Street Zen cut Lindblad Expeditions from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Finally, Stifel Nicolaus upped their price objective on Lindblad Expeditions from $20.00 to $23.00 and gave the stock a “buy” rating in a report on Monday, January 12th. 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 company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $19.00.

Trending Headlines about 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)

About Lindblad Expeditions

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.