Lindblad Expeditions (NASDAQ:LIND – Get Free Report) Director Sven-Olof Lindblad sold 28,002 shares of the company’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $17.61, for a total transaction of $493,115.22. Following the completion of the transaction, the director owned 10,783,962 shares in the company, valued at $189,905,570.82. This trade represents a 0.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Sven-Olof Lindblad also recently made the following trade(s):
- On Tuesday, February 3rd, Sven-Olof Lindblad sold 127,310 shares of Lindblad Expeditions stock. The shares were sold at an average price of $17.38, for a total transaction of $2,212,647.80.
- On Monday, February 2nd, Sven-Olof Lindblad sold 233,505 shares of Lindblad Expeditions stock. The shares were sold at an average price of $17.27, for a total value of $4,032,631.35.
- On Friday, January 30th, Sven-Olof Lindblad sold 78,283 shares of Lindblad Expeditions stock. The shares were sold at an average price of $16.66, for a total value of $1,304,194.78.
- On Thursday, January 29th, Sven-Olof Lindblad sold 105,356 shares of Lindblad Expeditions stock. The stock was sold at an average price of $16.84, for a total value of $1,774,195.04.
- On Tuesday, January 27th, Sven-Olof Lindblad sold 44,002 shares of Lindblad Expeditions stock. The stock was sold at an average price of $15.98, for a total value of $703,151.96.
- On Wednesday, January 28th, Sven-Olof Lindblad sold 86,639 shares of Lindblad Expeditions stock. The shares were sold at an average price of $16.29, for a total value of $1,411,349.31.
- On Monday, January 26th, Sven-Olof Lindblad sold 42,903 shares of Lindblad Expeditions stock. The stock was sold at an average price of $16.03, for a total transaction of $687,735.09.
- On Friday, January 23rd, Sven-Olof Lindblad sold 36,066 shares of Lindblad Expeditions stock. The stock was sold at an average price of $16.08, for a total transaction of $579,941.28.
- On Thursday, January 22nd, Sven-Olof Lindblad sold 62,100 shares of Lindblad Expeditions stock. The shares were sold at an average price of $16.48, for a total transaction 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 transaction of $1,207,283.42.
Lindblad Expeditions Price Performance
LIND traded up $0.30 during trading on Thursday, hitting $18.28. 848,923 shares of the stock traded hands, compared to its average volume of 816,249. The business has a 50 day moving average price of $14.76 and a 200 day moving average price of $13.47. Lindblad Expeditions has a twelve month low of $7.45 and a twelve month high of $18.42. The company has a market cap of $1.01 billion, a price-to-earnings ratio of -27.70 and a beta of 2.27.
Analyst Upgrades and Downgrades
Several equities research analysts recently weighed in on the company. Benchmark reissued a “buy” rating on shares of Lindblad Expeditions in a report on Thursday, January 15th. Zacks Research upgraded Lindblad Expeditions from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 6th. Stifel Nicolaus upped their price objective on Lindblad Expeditions from $20.00 to $23.00 and gave the company a “buy” rating in a research note on Monday, January 12th. Citigroup began coverage on shares of Lindblad Expeditions in a report on Tuesday, December 30th. They issued a “buy” rating for the company. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Lindblad Expeditions in a report on Thursday, January 22nd. One 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.com, the company presently has an average rating of “Moderate Buy” and an average price target of $19.00.
View Our Latest Analysis on Lindblad Expeditions
Key Lindblad Expeditions News
Here are the key news stories impacting Lindblad Expeditions this week:
- Positive Sentiment: Institutional investors and hedge funds have been increasing stakes in LIND (e.g., Millennium, Arrowstreet, UBS), signaling professional interest and providing underlying demand. MarketBeat Institutional Ownership
- Positive Sentiment: Nat Geo‑Lindblad rolled out a warm‑weather expedition brochure for the UK travel trade — a marketing push that could help bookings and revenue for upcoming seasons. NatGeo‑Lindblad brochure
- Neutral Sentiment: Analyst coverage remains mixed but generally constructive (several buy/upgraded notes and a consensus target near $19), which supports investor interest but is already priced in to some extent. Analyst notes summary
- Neutral Sentiment: Coverage piece on Lindblad’s focus on improving returns on capital highlights strategic priorities but contains no new financials. May be read positively by value-oriented investors. Yahoo Finance analysis
- Negative Sentiment: CEO Benjamin Bressler sold large blocks of stock on Feb 4–5 (181,389 shares at ~$18.04 and 41,000 shares at ~$18.08), reducing his position substantially — a negative governance/insider signal for some investors. SEC filing: Bressler Form 4
- Negative Sentiment: Founder/director Sven‑Olof Lindblad has executed a series of sizable sales across late Jan–early Feb (multiple filings totaling many hundreds of thousands of shares), continuing sizable insider liquidation. SEC filing: S. Lindblad Form 4
Institutional Trading of Lindblad Expeditions
Several hedge funds have recently modified their holdings of LIND. Summit Global Investments lifted its position in shares of Lindblad Expeditions by 3.5% during the 2nd quarter. Summit Global Investments now owns 25,328 shares of the company’s stock valued at $296,000 after acquiring an additional 848 shares during the period. Wedge Capital Management L L P NC lifted its stake in shares of Lindblad Expeditions by 0.8% in the fourth quarter. Wedge Capital Management L L P NC now owns 120,331 shares of the company’s stock valued at $1,735,000 after buying an additional 958 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Lindblad Expeditions by 5.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 21,329 shares of the company’s stock worth $198,000 after acquiring an additional 1,037 shares during the last quarter. Simon Quick Advisors LLC lifted its position in Lindblad Expeditions by 7.1% in the 3rd quarter. Simon Quick Advisors LLC now owns 16,118 shares of the company’s stock valued at $206,000 after acquiring an additional 1,065 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in Lindblad Expeditions by 9.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 14,406 shares of the company’s stock valued at $168,000 after acquiring an additional 1,222 shares in the last quarter. Institutional investors own 75.94% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than Lindblad Expeditions
- The day the gold market broke
- NEW LAW: Congress Approves Setup For Digital Dollar?
- What a Former CIA Agent Knows About the Coming Collapse
- Your Bank Account Is No Longer Safe
- Buffett, Gates and Bezos Quietly Dumping Stocks—Here’s Why
Receive News & Ratings for Lindblad Expeditions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lindblad Expeditions and related companies with MarketBeat.com's FREE daily email newsletter.
