Lindblad Expeditions (NASDAQ:LIND) Rating Lowered to “Hold” at Zacks Research

Lindblad Expeditions (NASDAQ:LIND) was downgraded by equities researchers at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

A number of other research analysts also recently weighed in on LIND. Wall Street Zen downgraded shares of Lindblad Expeditions from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Stifel Nicolaus boosted their target price on shares of 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 report on Thursday, January 22nd. Benchmark reaffirmed a “buy” rating on shares of Lindblad Expeditions in a report on Thursday, January 15th. Finally, Citigroup began coverage on Lindblad Expeditions in a research report on Tuesday, December 30th. They set a “buy” rating for the company. Four investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $19.00.

Lindblad Expeditions Stock Performance

NASDAQ LIND opened at $18.28 on Wednesday. Lindblad Expeditions has a one year low of $7.45 and a one year high of $18.42. The stock has a 50-day moving average of $14.89 and a 200 day moving average of $13.50. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of -27.70 and a beta of 2.27.

Lindblad Expeditions (NASDAQ:LIND) last announced its quarterly earnings results on Tuesday, November 4th. The company reported $0.33 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.11. The company had revenue of $240.17 million for the quarter, compared to analysts’ expectations of $229.68 million. On average, equities analysts predict that Lindblad Expeditions will post -0.43 earnings per share for the current fiscal year.

Insider Buying and Selling at Lindblad Expeditions

In other Lindblad Expeditions news, CEO Benjamin Bressler sold 41,000 shares of the business’s stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $18.08, for a total transaction of $741,280.00. Following the completion of the sale, the chief executive officer owned 23,466 shares of the company’s stock, valued at approximately $424,265.28. The trade was a 63.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Sven-Olof Lindblad sold 28,002 shares of the company’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $17.61, for a total value of $493,115.22. Following the completion of the sale, the director owned 10,783,962 shares of the company’s stock, valued at approximately $189,905,570.82. The trade was a 0.26% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,782,351 shares of company stock valued at $29,808,188 over the last 90 days. 34.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in Lindblad Expeditions by 1.3% in the 3rd quarter. Vanguard Group Inc. now owns 2,332,262 shares of the company’s stock worth $29,853,000 after acquiring an additional 29,642 shares in the last quarter. Anchor Capital Management Company LLC boosted its position in shares of Lindblad Expeditions by 7.4% in the third quarter. Anchor Capital Management Company LLC now owns 1,911,106 shares of the company’s stock worth $24,462,000 after purchasing an additional 131,203 shares during the period. Black Diamond Financial LLC increased its stake in shares of Lindblad Expeditions by 13.6% in the third quarter. Black Diamond Financial LLC now owns 1,068,362 shares of the company’s stock worth $13,675,000 after purchasing an additional 127,950 shares in the last quarter. Penn Capital Management Company LLC increased its stake in shares of Lindblad Expeditions by 1.7% in the third quarter. Penn Capital Management Company LLC now owns 969,539 shares of the company’s stock worth $12,423,000 after purchasing an additional 16,418 shares in the last quarter. Finally, Pinnacle Associates Ltd. raised its position in shares of Lindblad Expeditions by 4.5% during the 3rd quarter. Pinnacle Associates Ltd. now owns 962,548 shares of the company’s stock valued at $12,321,000 after purchasing an additional 41,750 shares during the period. 75.94% of the stock is currently owned by institutional investors.

Key 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

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.