Lindblad Expeditions (NASDAQ:LIND) Director Sells $3,371,736.00 in Stock

Lindblad Expeditions (NASDAQ:LIND) Director Sven-Olof Lindblad sold 94,925 shares of the stock in a transaction on Tuesday, October 27th. The stock was sold at an average price of $35.52, for a total transaction of $3,371,736.00. Following the sale, the director directly owned 10,072,474 shares of the company’s stock, valued at $357,774,276.48. This represents a 0.93% decrease in their position. The sale was disclosed in a filing 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 shares were 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 shares were sold at an average price of $35.26, for a total transaction of $2,411,784.00.
• 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 transaction 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

LIND stock opened at $37.35 on Friday. The stock has a market capitalization of $2.45 billion, a P/E ratio of -98.29 and a beta of 2.24. The business has a 50-day moving average of $31.28 and a 200-day moving average of $24.41. Lindblad Expeditions has a fifty-two week low of $11.37 and a fifty-two week high of $37.47.

Lindblad Expeditions (NASDAQ:LIND) last posted its quarterly earnings data on Monday, August 3rd. The company reported ($0.02) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $199.25 million during the quarter, compared to the consensus estimate of $185.86 million. Equities analysts expect that Lindblad Expeditions will post 0.22 EPS for the current year.

Institutional Investors Weigh In On Lindblad Expeditions

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

Analysts Set New Price Targets

A number of analysts have recently issued reports on LIND shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Lindblad Expeditions in a report on Thursday, October 15th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $30.00 target price 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 report on Sunday, September 20th. Zacks Research raised shares of Lindblad Expeditions from a “hold” rating to a “strong-buy” rating in a research report on Friday, October 2nd. Finally, Jefferies Financial Group lifted their price target 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 investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $31.50.

Lindblad Expeditions News Summary

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.