Over $10M Bet On This Healthcare Stock? Check Out These 4 Stocks Insiders Are Buying
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 23 2024
0mins
Should l Buy LIND?
Source: Benzinga
- Steel Connect Insider Trade: 10% owner WF Asset Corp. acquired over 700,000 shares at an average price of $9.83, totaling around $6.89 million.
- MasterCraft Boat Holdings Insider Trade: 10% owner Adam Gray bought 133,122 shares at an average price of $21.08, costing about $2.78 million.
- EyePoint Pharmaceuticals Insider Trade: Cormorant Global Healthcare Master Fund, LP purchased 581,765 shares at an average price of $18.03, amounting to approximately $10.49 million.
- Lindblad Expeditions Holdings Insider Trade: Director Alex P Schultz acquired 33,016 shares at an average price of $7.47, spending around $246,663.
- Company Activities: Steel Connect reported Q2 revenues, MasterCraft Boat will announce Q3 earnings in May 2024, EyePoint Pharmaceuticals expanded its advisory board, and Lindblad Expeditions Holdings announced the CFO's departure.
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Analyst Views on LIND
Wall Street analysts forecast LIND stock price to rise
3 Analyst Rating
3 Buy
0 Hold
0 Sell
Strong Buy
Current: 17.060
Low
18.00
Averages
19.00
High
20.00
Current: 17.060
Low
18.00
Averages
19.00
High
20.00
About LIND
Lindblad Expeditions Holdings, Inc. is an experiential travel operator offering immersive, ship- and land-based journeys on all seven continents through its six pioneering brands. The Company operates in two segments: Lindblad and Land Experiences. Lindblad provides ship-based expeditions and Land Experiences provides active, land-based trips, tours, treks and safari adventures. In collaboration with National Geographic, Lindblad Expeditions operates and sells the National Geographic-Lindblad Expeditions co-brand, offering ship-based voyages. The Company offers wildlife, cultural, and adventure-focused experiences through its land-based brands, which include Natural Habitat Adventures, Off the Beaten Path, DuVine Cycling + Adventure Co., Classic Journeys, and Wineland-Thomson Adventures, in addition to its expedition cruises. Together, these brands connect travelers with some of the planet’s natural and cultural landscapes, fostering a deep appreciation for the world.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Oppenheimer Sees Lindblad as Compelling Investment Opportunity
- Investment Rating Initiation: Oppenheimer has launched coverage on Lindblad Expeditions Holdings (LIND) with an Outperform rating, as analyst Suraj Kalia identifies the company as the largest player in the high-end experiential travel sector, showcasing strong investment potential.
- Strong Market Demand: With a fleet of 23 cruise and charter vessels and diverse land operations (safaris, cycling tours, etc.), Lindblad offers unique adventure experiences at top global destinations like Antarctica, Alaska, the Galápagos Islands, and Iceland, catering to a growing high-net-worth clientele.
- Robust Customer Base: The average net worth of Lindblad's customer base is approximately $3 million, and with the ongoing shift towards experiential travel, the company is benefiting from multiple tailwinds, particularly operational improvements implemented by the new management team that enhance utilization.
- Price Target Setting: Oppenheimer has set a price target of $25 for Lindblad, with 5 out of 6 research firms covering the stock issuing Buy-equivalent ratings, indicating strong market confidence, as shares of Lindblad have risen over 20% year-to-date.
See More
Key Wall Street Rating Updates on Monday
- Morgan Stanley Reiterates Nvidia: Morgan Stanley expresses optimism ahead of Nvidia's GTC Conference, believing the company is poised to catch up with other stocks in the supply chain, presenting a favorable entry point that could drive stock price appreciation.
- KBW Upgrades Rocket Companies: KBW upgrades Rocket Companies from market perform to outperform, projecting a total return of 50% over the next 12 months, reflecting increased confidence in mortgage industry fundamentals and earnings outlook.
- Guggenheim Initiates JFrog Buy Rating: Guggenheim highlights JFrog's strategic role in software development and enterprise risk management, forecasting accelerated cloud growth and total revenue growth in 2025, with free cash flow margin expanding to 27%.
- BTIG Upgrades Upstart Holdings: BTIG is bullish on Upstart Holdings' recent bank charter application, upgrading the stock to buy with a target price of $43, anticipating significant future earnings growth based on their financial projections.
See More
Sven-Olof Lindblad Sells Shares in Lindblad Expeditions
- Transaction Overview: Sven-Olof Lindblad, founder of Lindblad Expeditions, sold 28,002 directly-held shares in an open market transaction valued at approximately $493,000, while still retaining over 10.7 million shares worth about $193.9 million, indicating his confidence in the company's future.
- Scale of Sale Analysis: The number of shares sold is significantly lower than his recent average sell size of 130,641 shares, impacting only 0.26% of his direct holdings, suggesting a more cautious approach to selling, possibly reflecting optimism about market conditions.
- Company Performance Highlights: Lindblad Expeditions reported a revenue of $771 million in 2025, representing a robust 20% increase from 2024, with forecasts for 2026 revenue expected to range between $800 million and $850 million, showcasing strong growth potential in the high-end adventure travel market.
- Investor Confidence: The share sale was executed under a Rule 10b5-1 trading plan to avoid insider trading accusations, and with nearly 11 million shares remaining post-sale, it indicates Lindblad's optimistic outlook on the company's future, alleviating investor concerns about the transaction.
See More
Sven-Olof Lindblad Sells Shares in Lindblad Expeditions
- Share Sale Details: Sven-Olof Lindblad sold 28,002 shares on February 4, 2026, for approximately $493,000 at around $17.61 per share, reducing his direct holdings to 10,783,962 shares, a decrease of 0.26%.
- Transaction Context: This sale was executed under his Rule 10b5-1 trading plan to avoid insider trading accusations, and post-sale, Lindblad retains nearly 11 million shares, indicating he is not in a hurry to liquidate his holdings.
- Company Performance: Lindblad Expeditions reported $771 million in revenue for 2025, reflecting a robust 20% increase over 2024, with forecasts for 2026 revenue between $800 million and $850 million, showcasing strong growth potential.
- Market Reaction and Investment Advice: Although the stock reached a 52-week high of $21.23 and the price-to-sales ratio is at a multi-year high, analysts suggest that investors should wait for a price drop before buying to secure a better entry point.
See More
Lindblad Expeditions Reports Record Financial Performance in Q4 2025
- Significant Revenue Growth: Lindblad Expeditions achieved full-year revenues of $771 million in 2025, a 20% year-over-year increase, with Q4 revenues reaching $183.2 million, up 23%, reflecting strong market demand and customer satisfaction.
- Enhanced Profitability: Adjusted EBITDA rose 38% to $126.2 million, with margins expanding to 16.4%, indicating substantial improvements in operational efficiency and cost management, thereby strengthening financial stability.
- Strategic Investments and Expansion: The company appointed a new Chief Marketing Officer to enhance its leadership team and acquired two Galapagos ships along with Earthwatch, demonstrating proactive efforts to expand market presence and service capabilities.
- Optimistic Future Outlook: Management projects 2026 revenues between $800 million and $850 million, with adjusted EBITDA of $130 million to $140 million, reflecting confidence in sustained growth, particularly with rising online bookings and customer satisfaction.
See More
Lindblad Expeditions Reports Record 2025 Financial Results
- Record Adjusted EBITDA: In 2025, Lindblad Expeditions achieved an Adjusted EBITDA of $126.2 million, a $35 million increase from 2024, reflecting the company's success in enhancing guest satisfaction and yield, thereby solidifying its market leadership.
- Significant Revenue Growth: The total tour revenue for 2025 reached $771 million, a 20% increase year-over-year, with the Lindblad segment contributing $495.6 million, up 17%, showcasing the company's strong performance in a high-demand market.
- Improved Net Loss: The net loss for 2025 was $34.6 million, a decrease from $35.8 million in 2024, primarily due to improved operating results, despite pressures from debt extinguishment losses and increased commission expenses.
- Strong Cash Position: As of December 31, 2025, the company's cash and cash equivalents totaled $289.7 million, a 33.9% increase from 2024, indicating enhanced financial flexibility for future investments and business expansion.
See More
Oppenheimer Sees Lindblad as Compelling Investment Opportunity
- Investment Rating Initiation: Oppenheimer has launched coverage on Lindblad Expeditions Holdings (LIND) with an Outperform rating, as analyst Suraj Kalia identifies the company as the largest player in the high-end experiential travel sector, showcasing strong investment potential.
- Strong Market Demand: With a fleet of 23 cruise and charter vessels and diverse land operations (safaris, cycling tours, etc.), Lindblad offers unique adventure experiences at top global destinations like Antarctica, Alaska, the Galápagos Islands, and Iceland, catering to a growing high-net-worth clientele.
- Robust Customer Base: The average net worth of Lindblad's customer base is approximately $3 million, and with the ongoing shift towards experiential travel, the company is benefiting from multiple tailwinds, particularly operational improvements implemented by the new management team that enhance utilization.
- Price Target Setting: Oppenheimer has set a price target of $25 for Lindblad, with 5 out of 6 research firms covering the stock issuing Buy-equivalent ratings, indicating strong market confidence, as shares of Lindblad have risen over 20% year-to-date.
See More
Key Wall Street Rating Updates on Monday
- Morgan Stanley Reiterates Nvidia: Morgan Stanley expresses optimism ahead of Nvidia's GTC Conference, believing the company is poised to catch up with other stocks in the supply chain, presenting a favorable entry point that could drive stock price appreciation.
- KBW Upgrades Rocket Companies: KBW upgrades Rocket Companies from market perform to outperform, projecting a total return of 50% over the next 12 months, reflecting increased confidence in mortgage industry fundamentals and earnings outlook.
- Guggenheim Initiates JFrog Buy Rating: Guggenheim highlights JFrog's strategic role in software development and enterprise risk management, forecasting accelerated cloud growth and total revenue growth in 2025, with free cash flow margin expanding to 27%.
- BTIG Upgrades Upstart Holdings: BTIG is bullish on Upstart Holdings' recent bank charter application, upgrading the stock to buy with a target price of $43, anticipating significant future earnings growth based on their financial projections.
See More
Sven-Olof Lindblad Sells Shares in Lindblad Expeditions
- Transaction Overview: Sven-Olof Lindblad, founder of Lindblad Expeditions, sold 28,002 directly-held shares in an open market transaction valued at approximately $493,000, while still retaining over 10.7 million shares worth about $193.9 million, indicating his confidence in the company's future.
- Scale of Sale Analysis: The number of shares sold is significantly lower than his recent average sell size of 130,641 shares, impacting only 0.26% of his direct holdings, suggesting a more cautious approach to selling, possibly reflecting optimism about market conditions.
- Company Performance Highlights: Lindblad Expeditions reported a revenue of $771 million in 2025, representing a robust 20% increase from 2024, with forecasts for 2026 revenue expected to range between $800 million and $850 million, showcasing strong growth potential in the high-end adventure travel market.
- Investor Confidence: The share sale was executed under a Rule 10b5-1 trading plan to avoid insider trading accusations, and with nearly 11 million shares remaining post-sale, it indicates Lindblad's optimistic outlook on the company's future, alleviating investor concerns about the transaction.
See More
Sven-Olof Lindblad Sells Shares in Lindblad Expeditions
- Share Sale Details: Sven-Olof Lindblad sold 28,002 shares on February 4, 2026, for approximately $493,000 at around $17.61 per share, reducing his direct holdings to 10,783,962 shares, a decrease of 0.26%.
- Transaction Context: This sale was executed under his Rule 10b5-1 trading plan to avoid insider trading accusations, and post-sale, Lindblad retains nearly 11 million shares, indicating he is not in a hurry to liquidate his holdings.
- Company Performance: Lindblad Expeditions reported $771 million in revenue for 2025, reflecting a robust 20% increase over 2024, with forecasts for 2026 revenue between $800 million and $850 million, showcasing strong growth potential.
- Market Reaction and Investment Advice: Although the stock reached a 52-week high of $21.23 and the price-to-sales ratio is at a multi-year high, analysts suggest that investors should wait for a price drop before buying to secure a better entry point.
See More
Lindblad Expeditions Reports Record Financial Performance in Q4 2025
- Significant Revenue Growth: Lindblad Expeditions achieved full-year revenues of $771 million in 2025, a 20% year-over-year increase, with Q4 revenues reaching $183.2 million, up 23%, reflecting strong market demand and customer satisfaction.
- Enhanced Profitability: Adjusted EBITDA rose 38% to $126.2 million, with margins expanding to 16.4%, indicating substantial improvements in operational efficiency and cost management, thereby strengthening financial stability.
- Strategic Investments and Expansion: The company appointed a new Chief Marketing Officer to enhance its leadership team and acquired two Galapagos ships along with Earthwatch, demonstrating proactive efforts to expand market presence and service capabilities.
- Optimistic Future Outlook: Management projects 2026 revenues between $800 million and $850 million, with adjusted EBITDA of $130 million to $140 million, reflecting confidence in sustained growth, particularly with rising online bookings and customer satisfaction.
See More
Lindblad Expeditions Reports Record 2025 Financial Results
- Record Adjusted EBITDA: In 2025, Lindblad Expeditions achieved an Adjusted EBITDA of $126.2 million, a $35 million increase from 2024, reflecting the company's success in enhancing guest satisfaction and yield, thereby solidifying its market leadership.
- Significant Revenue Growth: The total tour revenue for 2025 reached $771 million, a 20% increase year-over-year, with the Lindblad segment contributing $495.6 million, up 17%, showcasing the company's strong performance in a high-demand market.
- Improved Net Loss: The net loss for 2025 was $34.6 million, a decrease from $35.8 million in 2024, primarily due to improved operating results, despite pressures from debt extinguishment losses and increased commission expenses.
- Strong Cash Position: As of December 31, 2025, the company's cash and cash equivalents totaled $289.7 million, a 33.9% increase from 2024, indicating enhanced financial flexibility for future investments and business expansion.
See More
