Militia Capital Management LLC Makes New Investment in Lindblad Expeditions $LIND

Posted by Geri Gentry on Jul 23rd, 2026

Militia Capital Management LLC acquired a new position in Lindblad Expeditions (NASDAQ:LIND – Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 94,968 shares of the company’s stock, valued at approximately $1,643,000.

Several other institutional investors have also recently modified their holdings of the company. Osaic Holdings Inc. grew its holdings in shares of Lindblad Expeditions by 58.1% during the 2nd quarter. Osaic Holdings Inc. now owns 3,597 shares of the company’s stock valued at $41,000 after purchasing an additional 1,322 shares during the last quarter. Tower Research Capital LLC TRC lifted its stake in Lindblad Expeditions by 222.1% in the second quarter. Tower Research Capital LLC TRC now owns 4,802 shares of the company’s stock worth $56,000 after purchasing an additional 3,311 shares during the last quarter. Kemnay Advisory Services Inc. bought a new stake in Lindblad Expeditions in the fourth quarter worth $57,000. Royal Bank of Canada boosted its position in Lindblad Expeditions by 127.1% during the fourth quarter. Royal Bank of Canada now owns 4,494 shares of the company’s stock valued at $65,000 after buying an additional 2,515 shares during the period. Finally, Assetmark Inc. boosted its position in Lindblad Expeditions by 77.0% during the first quarter. Assetmark Inc. now owns 5,455 shares of the company’s stock valued at $94,000 after buying an additional 2,373 shares during the period. 75.94% of the stock is currently owned by institutional investors.

Lindblad Expeditions Price Performance

LIND stock opened at $27.80 on Thursday. Lindblad Expeditions has a 1 year low of $11.37 and a 1 year high of $30.00. The company has a market cap of $1.82 billion, a P/E ratio of -51.48 and a beta of 2.22. The firm has a 50-day moving average of $24.24 and a 200 day moving average of $20.30.

Lindblad Expeditions (NASDAQ:LIND – Get Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.08. The firm had revenue of $208.01 million for the quarter, compared to analysts’ expectations of $197.24 million. On average, equities research analysts expect that Lindblad Expeditions will post 0.18 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Lindblad Expeditions news, Director Michael Elliott Bisnow sold 44,642 shares of Lindblad Expeditions stock in a transaction that occurred on Wednesday, June 17th. The shares were sold at an average price of $24.21, for a total value of $1,080,782.82. Following the completion of the sale, the director owned 25,872 shares of the company’s stock, valued at approximately $626,361.12. The trade was a 63.31% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Trey Byus sold 26,460 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $20.23, for a total value of $535,285.80. Following the completion of the transaction, the insider directly owned 111,530 shares in the company, valued at $2,256,251.90. The trade was a 19.18% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 88,602 shares of company stock valued at $1,966,009. Insiders own 26.10% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Wall Street Zen upgraded Lindblad Expeditions from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Stifel Nicolaus boosted their price objective on Lindblad Expeditions from $27.00 to $32.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Zacks Research raised Lindblad Expeditions from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 10th. Texas Capital cut shares of Lindblad Expeditions from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Finally, Capital One Financial set a $31.00 target price on shares of Lindblad Expeditions in a research note on Monday, June 29th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $30.50.

Check Out Our Latest Stock Report on Lindblad Expeditions

Lindblad Expeditions Profile

(Free Report)

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.