Sven-Olof Lindblad Sells 105,356 Shares of Lindblad Expeditions (NASDAQ:LIND) Stock

Lindblad Expeditions (NASDAQ:LIND) Director Sven-Olof Lindblad sold 105,356 shares of the business’s stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $16.84, for a total transaction of $1,774,195.04. Following the transaction, the director owned 11,251,062 shares of the company’s stock, valued at approximately $189,467,884.08. The trade was a 0.93% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Sven-Olof Lindblad also recently made the following trade(s):

• On Friday, January 30th, Sven-Olof Lindblad sold 78,283 shares of Lindblad Expeditions stock. The stock was sold at an average price of $16.66, for a total transaction of $1,304,194.78.
• 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 transaction of $703,151.96.
• On Wednesday, January 28th, Sven-Olof Lindblad sold 86,639 shares of Lindblad Expeditions stock. The stock was 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 shares were sold at an average price of $16.03, for a total value of $687,735.09.
• On Friday, January 23rd, Sven-Olof Lindblad sold 36,066 shares of Lindblad Expeditions stock. The shares were sold at an average price of $16.08, for a total value of $579,941.28.
• On Thursday, January 22nd, Sven-Olof Lindblad sold 62,100 shares of Lindblad Expeditions stock. The stock was 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.
• On Tuesday, January 20th, Sven-Olof Lindblad sold 80,520 shares of Lindblad Expeditions stock. The stock was sold at an average price of $15.67, for a total value of $1,261,748.40.

Lindblad Expeditions Price Performance

NASDAQ:LIND opened at $17.45 on Wednesday. The firm has a market cap of $966.73 million, a price-to-earnings ratio of -26.44 and a beta of 2.27. The firm’s fifty day moving average price is $14.63 and its 200 day moving average price is $13.44. Lindblad Expeditions has a 1-year low of $7.45 and a 1-year high of $17.74.

Lindblad Expeditions (NASDAQ:LIND) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.11. The firm had revenue of $240.17 million for the quarter, compared to analysts’ expectations of $229.68 million. As a group, analysts expect that Lindblad Expeditions will post -0.43 earnings per share for the current fiscal year.

Key Stories Impacting Lindblad Expeditions

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

• Positive Sentiment: Technical/volume support — LIND is trading above its 50- and 200-day moving averages and near its 52-week high with intraday volume above average, which can attract momentum buyers. Read More.
• Positive Sentiment: Recent fundamentals/earnings beat — Last reported quarterly EPS beat consensus ($0.33 vs. $0.22) and revenue topped estimates, a recent driver cited by analysts when lifting targets. Read More.
• Positive Sentiment: Analyst upgrades and higher targets — Multiple firms have upgraded or reiterated buy ratings and some raised price targets (consensus target ~ $19; Stifel raised its target to $23), providing buy-side catalyst. Read More.
• Positive Sentiment: Institutional accumulation — Several institutional investors have increased holdings recently (SG Americas, Connor Clark & Lunn, Arrowstreet, Anchor Capital), indicating professional interest and supporting the stock’s liquidity. Read More.
• Neutral Sentiment: Sector/brand media — Feature stories on Antarctic tourism may raise public interest in expedition travel (category tailwind) but are background rather than company-specific catalysts. Read More.
• Negative Sentiment: CEO sale — CEO Benjamin Bressler sold 87,478 shares on Feb. 2 at about $17.08, reducing his direct holding by ~78.9%; large CEO disposals are often read negatively by investors and can pressure sentiment. Read More.
• Negative Sentiment: Director multiple sales — Founder/director Sven‑Olof Lindblad sold large blocks across late January (e.g., 105,356 @ $16.84 and 78,283 @ $16.66), representing repeated disposals totaling several million dollars; repeated insider selling increases perceived downside risk. Read More.

Analysts Set New Price Targets

LIND has been the subject of several analyst reports. Stifel Nicolaus upped their target price on Lindblad Expeditions from $20.00 to $23.00 and gave the company a “buy” rating in a research note on Monday, January 12th. Weiss Ratings reissued a “sell (d-)” rating on shares of Lindblad Expeditions in a research report on Thursday, January 22nd. Wall Street Zen downgraded Lindblad Expeditions from a “buy” rating to a “hold” rating in a report on Saturday, October 25th. Benchmark reaffirmed a “buy” rating on shares of Lindblad Expeditions in a research note on Thursday, January 15th. Finally, Citigroup started coverage on Lindblad Expeditions in a report on Tuesday, December 30th. They issued a “buy” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, Lindblad Expeditions presently has an average rating of “Moderate Buy” and an average target price of $19.00.

Institutional Investors Weigh In On Lindblad Expeditions

A number of institutional investors have recently modified their holdings of LIND. Pier Capital LLC raised its position in shares of Lindblad Expeditions by 21.6% during the 4th quarter. Pier Capital LLC now owns 577,479 shares of the company’s stock worth $8,327,000 after purchasing an additional 102,770 shares during the period. Pinnacle Wealth Management Advisory Group LLC acquired a new stake in Lindblad Expeditions in the 4th quarter valued at approximately $145,000. UBS Group AG increased its holdings in shares of Lindblad Expeditions by 57.9% during the fourth quarter. UBS Group AG now owns 833,372 shares of the company’s stock valued at $12,017,000 after purchasing an additional 305,704 shares during the period. Quent Capital LLC acquired a new position in Lindblad Expeditions during the 4th quarter valued at about $1,709,000. Finally, Harbor Capital Advisors Inc. raised its holdings in Lindblad Expeditions by 122.6% during the fourth quarter. Harbor Capital Advisors Inc. now owns 78,241 shares of the company’s stock worth $1,128,000 after purchasing an additional 43,093 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.