Lindblad Expeditions (NASDAQ:LIND) Director Sven-Olof Lindblad Sells 68,400 Shares of Stock

Lindblad Expeditions (NASDAQ:LIND) Director Sven-Olof Lindblad sold 68,400 shares of Lindblad Expeditions stock in a transaction that occurred on Wednesday, October 28th. The shares were sold at an average price of $35.26, for a total value of $2,411,784.00. Following the sale, the director directly owned 10,004,074 shares in the company, valued at $352,743,649.24. The trade was a 0.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, 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 shares were sold at an average price of $36.95, for a total value of $2,470,920.40.
• On Tuesday, October 27th, Sven-Olof Lindblad sold 94,925 shares of Lindblad Expeditions stock. The shares were sold at an average price of $35.52, for a total value of $3,371,736.00.
• On Monday, October 26th, Sven-Olof Lindblad sold 49,969 shares of Lindblad Expeditions stock. The stock was sold at an average price of $35.25, for a total value of $1,761,407.25.
• On Friday, October 23rd, Sven-Olof Lindblad sold 66,160 shares of Lindblad Expeditions stock. The stock was sold at an average price of $34.23, for a total value of $2,264,656.80.
• On Thursday, October 22nd, Sven-Olof Lindblad sold 67,974 shares of Lindblad Expeditions stock. The stock was sold at an average price of $35.68, for a total value 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 value of $3,531,338.10.
• On Tuesday, October 20th, Sven-Olof Lindblad sold 75,545 shares of Lindblad Expeditions stock. The shares were sold at an average price of $35.49, for a total value of $2,681,092.05.
• On Monday, October 19th, Sven-Olof Lindblad sold 83,500 shares of Lindblad Expeditions stock. The shares were sold at an average price of $34.29, for a total value 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 Price Performance

Lindblad Expeditions stock opened at $37.38 on Friday. The firm has a market capitalization of $2.45 billion, a P/E ratio of -98.37 and a beta of 2.24. The stock has a fifty day moving average price of $31.16 and a two-hundred day moving average price of $24.31. Lindblad Expeditions has a 52-week low of $11.37 and a 52-week high of $37.47.

Lindblad Expeditions (NASDAQ:LIND) last issued its earnings results on Monday, August 3rd. The company reported ($0.02) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.08. Lindblad Expeditions had a negative net margin of 2.08% and a negative return on equity of 0.56%. The company had revenue of $199.25 million for the quarter, compared to the consensus estimate of $185.86 million. On average, equities research analysts predict that Lindblad Expeditions will post 0.22 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on LIND shares. Wall Street Zen raised shares of Lindblad Expeditions from a “hold” rating to a “buy” rating in a report on Sunday, September 20th. Zacks Research raised shares of Lindblad Expeditions from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 2nd. Stifel Nicolaus set a $37.00 price objective on shares of Lindblad Expeditions in a report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $30.00 price objective on shares of Lindblad Expeditions in a report on Thursday, September 17th. Finally, Jefferies Financial Group lifted their target price on shares of Lindblad Expeditions from $29.00 to $32.00 and gave the company a “hold” rating in a research note on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $31.50.

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

Hedge Funds Weigh In On Lindblad Expeditions

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Deutsche Bank AG acquired a new stake in shares of Lindblad Expeditions in the second quarter valued at $1,467,000. Fifth Third Bancorp bought a new position in shares of Lindblad Expeditions in the first quarter valued at about $650,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Lindblad Expeditions in the second quarter valued at about $1,268,000. Bank of America Corp DE acquired a new position in Lindblad Expeditions during the 2nd quarter worth about $7,570,000. Finally, Great Lakes Advisors LLC acquired a new position in Lindblad Expeditions during the 2nd quarter worth about $2,057,000. Institutional investors and hedge funds own 75.94% of the company’s stock.

Lindblad Expeditions Company Profile

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.