PDT Partners LLC Takes Position in Lindblad Expeditions $LIND

Posted by Stanley Muller on Aug 28th, 2026

PDT Partners LLC purchased a new stake in Lindblad Expeditions (NASDAQ:LIND – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 30,219 shares of the company’s stock, valued at approximately $853,000.

A number of other institutional investors have also recently added to or reduced their stakes in LIND. BlackRock Inc. purchased a new stake in Lindblad Expeditions in the 2nd quarter valued at $122,583,000. Vanguard Group Inc. raised its holdings in shares of Lindblad Expeditions by 1.3% during 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 during the period. Principal Financial Group Inc. boosted its position in shares of Lindblad Expeditions by 3.2% during the 1st quarter. Principal Financial Group Inc. now owns 1,529,868 shares of the company’s stock valued at $26,467,000 after acquiring an additional 46,955 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in shares of Lindblad Expeditions by 44.7% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,272,909 shares of the company’s stock valued at $22,021,000 after acquiring an additional 393,359 shares during the last quarter. Finally, Geode Capital Management LLC grew its holdings in shares of Lindblad Expeditions by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 908,796 shares of the company’s stock valued at $13,107,000 after purchasing an additional 5,553 shares during the period. Hedge funds and other institutional investors own 75.94% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Capital One Financial set a $31.00 price objective on shares of Lindblad Expeditions in a research report on Monday, June 29th. Texas Capital lowered shares of Lindblad Expeditions from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Weiss Ratings reissued a “sell (d-)” rating on shares of Lindblad Expeditions in a research note on Friday, July 17th. Wall Street Zen downgraded shares of Lindblad Expeditions from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Finally, Deutsche Bank Aktiengesellschaft set a $29.00 price target on shares of Lindblad Expeditions in a research report on Thursday, August 6th. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Lindblad Expeditions currently has an average rating of “Hold” and an average price target of $31.20.

Get Our Latest Stock Analysis on Lindblad Expeditions

Lindblad Expeditions Price Performance

Shares of LIND stock opened at $30.06 on Friday. The firm has a market cap of $1.97 billion, a PE ratio of -79.11 and a beta of 2.24. The company has a 50-day moving average of $29.36 and a two-hundred day moving average of $23.10. Lindblad Expeditions has a 1-year low of $11.37 and a 1-year high of $35.00.

Lindblad Expeditions (NASDAQ:LIND – Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The company reported ($0.02) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.08. Lindblad Expeditions had a negative net margin of 2.08% and a negative return on equity of 0.56%. The business had revenue of $199.25 million during the quarter, compared to analysts’ expectations of $185.86 million. Sell-side analysts anticipate that Lindblad Expeditions will post 0.17 EPS for the current fiscal year.

Insider Transactions at Lindblad Expeditions

In other Lindblad Expeditions news, Director Michael Elliott Bisnow sold 44,642 shares of the business’s stock in a transaction dated Wednesday, June 17th. The shares were sold at an average price of $24.21, for a total transaction of $1,080,782.82. Following the sale, the director directly owned 25,872 shares in the company, valued at $626,361.12. This represents a 63.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 26.10% of the company’s stock.

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.