Lindblad Expeditions (NASDAQ:LIND) Director Sells $2,411,784.00 in 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 stock was sold at an average price of $35.26, for a total transaction of $2,411,784.00. Following the sale, the director owned 10,004,074 shares in the company, valued at approximately $352,743,649.24. This represents a 0.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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 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 transaction of $3,371,736.00.
• On Monday, October 26th, Sven-Olof Lindblad sold 49,969 shares of Lindblad Expeditions stock. The shares were sold at an average price of $35.25, for a total transaction of $1,761,407.25.
• 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 stock was 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 stock was 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 shares were sold at an average price of $34.74, for a total value of $2,750,886.90.

Lindblad Expeditions Stock Down 0.1%

NASDAQ LIND opened at $37.35 on Friday. The company has a market capitalization of $2.45 billion, a price-to-earnings ratio of -98.29 and a beta of 2.24. Lindblad Expeditions has a twelve month low of $11.37 and a twelve month high of $37.47. The stock has a fifty day simple moving average of $31.28 and a 200 day simple moving average of $24.41.

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

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $30.00 price target on shares of Lindblad Expeditions in a report on Thursday, September 17th. Wall Street Zen raised shares of Lindblad Expeditions from a “hold” rating to a “buy” rating in a research note 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. Jefferies Financial Group increased their price objective on shares of Lindblad Expeditions from $29.00 to $32.00 and gave the stock a “hold” rating in a research report on Thursday, October 8th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Lindblad Expeditions in a research note on Thursday, October 15th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Lindblad Expeditions currently has an average rating of “Moderate Buy” and a consensus target price of $31.50.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. acquired a new stake in Lindblad Expeditions during the second quarter worth approximately $122,583,000. Pinnacle Associates Ltd. increased its holdings in Lindblad Expeditions by 8.0% in the third quarter. Pinnacle Associates Ltd. now owns 864,233 shares of the company’s stock worth $27,163,000 after purchasing an additional 64,185 shares in the last quarter. Principal Financial Group Inc. increased its holdings in Lindblad Expeditions by 3.2% in the first quarter. Principal Financial Group Inc. now owns 1,529,868 shares of the company’s stock worth $26,467,000 after purchasing an additional 46,955 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Lindblad Expeditions by 44.7% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,272,909 shares of the company’s stock valued at $22,021,000 after buying an additional 393,359 shares during the period. Finally, Bank of New York Mellon Corp acquired a new position in Lindblad Expeditions in the second quarter valued at approximately $19,362,000. 75.94% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Lindblad Expeditions

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

• Positive Sentiment: Expanded 2028–2029 cruise deployment may improve revenue visibility. National Geographic-Lindblad Expeditions completed its 2028–2029 schedule with new itineraries and additional exploration options. The expanded offering could support advance bookings, long-term demand and future sales. National Geographic-Lindblad Expeditions Completes 2028-29 Deployment With New Itineraries
• Positive Sentiment: Recent financial results beat expectations. Lindblad reported quarterly revenue of $199.25 million, above the $185.86 million analyst consensus, while its $0.02-per-share loss was narrower than the expected $0.10 loss. Analysts forecast full-year earnings of $0.22 per share.
• Neutral Sentiment: Analyst views remain divided. The consensus rating is “Moderate Buy,” supported by upgrades from Zacks Research and Wall Street Zen. However, the average 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: Repeated insider selling could pressure sentiment. Director Sven-Olof Lindblad sold 230,197 shares in transactions dated October 27–29 for approximately $8.25 million, including 68,400 shares at $35.26 and 66,872 shares at $36.95. He continues to own nearly 9.94 million shares, but the continuing sales—including additional transactions earlier in October—may be viewed as profit-taking and could weigh on investor confidence. SEC Insider Trading Filing

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.