Lindblad Expeditions (NASDAQ:LIND) Downgraded to Hold Rating by Zacks Research

Zacks Research downgraded shares of Lindblad Expeditions (NASDAQ:LIND) from a strong-buy rating to a hold rating in a research report released on Wednesday morning,Zacks.com reports.

Several other brokerages have also commented on LIND. Benchmark reissued a “buy” rating on shares of Lindblad Expeditions in a report on Thursday, January 15th. Citigroup began coverage on shares of Lindblad Expeditions in a research report on Tuesday, December 30th. They set a “buy” rating for the company. Wall Street Zen cut 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 research note on Thursday, January 22nd. Finally, Stifel Nicolaus raised their target price on Lindblad Expeditions from $20.00 to $23.00 and gave the company a “buy” rating in a research report on Monday, January 12th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Lindblad Expeditions currently has a consensus rating of “Moderate Buy” and an average target price of $19.00.

Lindblad Expeditions Stock Up 1.7%

Shares of Lindblad Expeditions stock opened at $18.28 on Wednesday. The firm has a market cap of $1.01 billion, a PE ratio of -27.70 and a beta of 2.27. Lindblad Expeditions has a twelve month low of $7.45 and a twelve month high of $18.42. The business has a 50-day moving average price of $14.89 and a 200 day moving average price of $13.50.

Lindblad Expeditions (NASDAQ:LIND) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.22 by $0.11. The business had revenue of $240.17 million during the quarter, compared to analyst estimates of $229.68 million. On average, sell-side analysts expect that Lindblad Expeditions will post -0.43 EPS for the current year.

Insider Activity at Lindblad Expeditions

In other news, Director Sven-Olof Lindblad sold 233,505 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $17.27, for a total value of $4,032,631.35. Following the completion of the sale, the director directly owned 10,939,274 shares in the company, valued at $188,921,261.98. This represents a 2.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Benjamin Bressler sold 222,386 shares of Lindblad Expeditions stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $16.08, for a total value of $3,575,966.88. Following the transaction, the chief executive officer owned 23,466 shares in the company, valued at approximately $377,333.28. The trade was a 90.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 1,782,351 shares of company stock worth $29,808,188. Insiders own 34.00% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of LIND. AQR Capital Management LLC grew its holdings in shares of Lindblad Expeditions by 44.4% in the first quarter. AQR Capital Management LLC now owns 15,994 shares of the company’s stock valued at $148,000 after purchasing an additional 4,921 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake 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 valued at $198,000 after buying an additional 1,037 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Lindblad Expeditions in the 2nd quarter valued at approximately $330,000. AlphaQuest LLC increased its holdings in shares of Lindblad Expeditions by 167.4% during the 2nd quarter. AlphaQuest LLC now owns 8,669 shares of the company’s stock worth $101,000 after buying an additional 5,427 shares during the last quarter. Finally, Simon Quick Advisors LLC raised its position in shares of Lindblad Expeditions by 44.2% during the 2nd quarter. Simon Quick Advisors LLC now owns 15,467 shares of the company’s stock valued at $180,000 after buying an additional 4,743 shares during the period. Institutional investors and hedge funds own 75.94% of the company’s stock.

More Lindblad Expeditions News

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

• Positive Sentiment: Analyst upgrades and higher price targets (Zacks upgraded to “strong‑buy”; Stifel raised its target to $23; Citi initiated with a Buy) — these reports lift investor expectations and provide upward pressure on the stock.
• Positive Sentiment: Solid recent operating print: Lindblad beat Q3 estimates on both EPS and revenue (Nov. 4), supporting the growth/story narrative for expedition cruising and helping sentiment. Earnings & Revenue Beat
• Positive Sentiment: Marketing push — NatGeo‑Lindblad released a warm‑weather expedition brochure targeted at the UK travel trade, which could help bookings and seasonal demand in that region. NatGeo‑Lindblad brochure (TravelMole)
• Neutral Sentiment: Institutional flows: several hedge funds (Millennium, Arrowstreet, UBS additions) have increased positions — a vote of confidence but not an immediate catalyst for price spikes. MarketBeat: Institutional Holdings
• Neutral Sentiment: Analyst/valuation writeups discussing returns on capital and strategy circulate (e.g., Yahoo Finance piece) — useful context but not an immediate driver. Yahoo Finance: Returns on Capital
• Negative Sentiment: Large insider selling by CEO Benjamin Bressler: 181,389 shares sold on Feb 4 (~$18.04 avg) and another 41,000 shares on Feb 5 (~$18.08 avg); his holdings fell sharply — markets often view heavy CEO sales as a near‑term negative signal even when explained by diversification or liquidity needs. Bressler Form 4 (SEC)
• Negative Sentiment: Founder/director Sven‑Olof Lindblad executed multiple large sales in late Jan–early Feb (including 233,505 shares on Feb 2 and 127,310 on Feb 3) — cumulative insider selling is sizable and can weigh on investor appetite despite his remaining large stake. Sven‑Olof Lindblad Form 4 (SEC)
• Negative Sentiment: Mixed analyst views persist (Weiss Ratings remains Negative, and one shop lowered from Buy to Hold), leaving upside tied to execution and demand recovery rather than unanimous analyst conviction. MarketBeat Analyst Summary

Lindblad Expeditions Company Profile

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.