Insider Selling: Lindblad Expeditions (NASDAQ:LIND) Director Sells $1,761,407.25 in Stock

Lindblad Expeditions (NASDAQ:LIND) Director Sven-Olof Lindblad sold 49,969 shares of Lindblad Expeditions stock in a transaction on Monday, October 26th. The shares were sold at an average price of $35.25, for a total transaction of $1,761,407.25. Following the completion of the transaction, the director directly owned 10,167,399 shares in the company, valued at $358,400,814.75. The trade was a 0.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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 stock was sold at an average price of $36.95, for a total transaction of $2,470,920.40.
• On Wednesday, October 28th, Sven-Olof Lindblad sold 68,400 shares of Lindblad Expeditions stock. The stock was sold at an average price of $35.26, for a total transaction of $2,411,784.00.
• 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 Friday, October 23rd, Sven-Olof Lindblad sold 66,160 shares of Lindblad Expeditions stock. The shares were sold at an average price of $34.23, for a total transaction 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 transaction 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 transaction of $3,531,338.10.
• On Tuesday, October 20th, Sven-Olof Lindblad sold 75,545 shares of Lindblad Expeditions stock. The stock was sold at an average price of $35.49, for a total transaction of $2,681,092.05.
• On Monday, October 19th, Sven-Olof Lindblad sold 83,500 shares of Lindblad Expeditions stock. The stock was sold at an average price of $34.29, for a total transaction 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%

NASDAQ LIND opened at $37.38 on Friday. The firm has a market cap of $2.45 billion, a P/E ratio of -98.37 and a beta of 2.24. Lindblad Expeditions has a 52-week low of $11.37 and a 52-week high of $37.47. The business’s 50-day moving average price is $31.16 and its 200 day moving average price is $24.31.

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

Key Headlines Impacting Lindblad Expeditions

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

Analyst Upgrades and Downgrades

LIND has been the topic of a number of recent research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of Lindblad Expeditions in a report on Thursday, October 15th. Jefferies Financial Group upped their price target on Lindblad Expeditions from $29.00 to $32.00 and gave the stock a “hold” rating in a research note on Thursday, October 8th. Wall Street Zen raised Lindblad Expeditions from a “hold” rating to a “buy” rating in a report on Sunday, September 20th. Zacks Research upgraded shares of Lindblad Expeditions from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 2nd. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $30.00 price objective on shares of Lindblad Expeditions in a research report on Thursday, September 17th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Lindblad Expeditions currently has a consensus rating of “Moderate Buy” and an average target price of $31.50.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC purchased a new stake in Lindblad Expeditions in the 2nd quarter valued at approximately $25,000. GAMMA Investing LLC raised its stake in shares of Lindblad Expeditions by 35.3% during the 3rd quarter. GAMMA Investing LLC now owns 1,249 shares of the company’s stock worth $39,000 after buying an additional 326 shares in the last quarter. Allworth Financial LP purchased a new position in shares of Lindblad Expeditions during the 2nd quarter worth approximately $38,000. Sterling Capital Management LLC raised its stake in shares of Lindblad Expeditions by 846.0% during the 3rd quarter. Sterling Capital Management LLC now owns 1,665 shares of the company’s stock worth $52,000 after buying an additional 1,489 shares in the last quarter. Finally, Silvant Capital Management LLC acquired a new stake in shares of Lindblad Expeditions in the 2nd quarter valued at approximately $58,000. 75.94% of the stock is owned by hedge funds and other institutional investors.

About Lindblad Expeditions

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.