in 1958 lars-eric lindblad, considered the father of eco travel, founded lindblad travel and pioneered the first non-scientific expeditions to antarctica (1966) and galápagos (1967), subsequently opening the amazon, papua new guinea, china, bhutan, and more to curious, respectful travelers. in 1979, his son sven-olof lindblad founded special expeditions, eventually re-named lindblad expeditions, specializing in ship-based expedition travel. in 2004 lindblad expeditions forged an unprecedented alliance with national geographic with a joint mission “to inspire people to explore and care about the planet through expedition travel.” today the company operates a fleet of 10 ships, including the 148-guest national geographic explorer, the world’s ultimate expedition ship, and the 106-guest national geographic orion, the newest ship in the lindblad-national geographic fleet. all ships sail equipped with sophisticated exploration tools, to provide unique, immersive experiences in the planet’s
Company profile
Ticker
LIND
Exchange
Website
CEO
Sven-Olof Lindblad
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Booking • Expedia • GXO Logistics • GATX • RXO • XPO • Virgin Galactic Holdings Inc - Ordinary Shares • Tuniu • ModivCare • Despegar.com ...
Former names
Capitol Acquisition Corp. II
SEC CIK
Corporate docs
Subsidiaries
Lindblad Expeditions, LLC • Lindblad Maritime Ventures, Inc. • Lindblad Maritime Enterprises, Ltd. • Natural Habitat, Inc. • LEX Quest LLC • LEX Venture LLC • SPEX Sea Bird Ltd. • SPEX Sea Lion Ltd. • Lindblad Global Trading, Inc. • LEX Explorer LLC ...
IRS number
274749725
LIND stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
12 Apr 24
EFFECT
Notice of effectiveness
22 Mar 24
10-K/A
2023 FY
Annual report (amended)
21 Mar 24
8-K
Lindblad Expeditions Holdings, Inc. Appoints Pam Kaufman to Board of Directors
18 Mar 24
S-3
Shelf registration
6 Mar 24
10-K
2023 FY
Annual report
6 Mar 24
8-K
Lindblad Expeditions Holdings, Inc. Reports 2023 Fourth Quarter Financial Results and Full Year Financial Results
28 Feb 24
8-K
Entry into a Material Definitive Agreement
15 Nov 23
10-Q
2023 Q3
Quarterly report
2 Nov 23
8-K
Lindblad Expeditions Holdings, Inc. Reports 2023 Third Quarter Financial Results
2 Nov 23
Transcripts
LIND
Earnings call transcript
2023 Q4
28 Feb 24
LIND
Earnings call transcript
2023 Q3
2 Nov 23
LIND
Earnings call transcript
2023 Q2
27 Jul 23
LIND
Earnings call transcript
2023 Q1
3 May 23
LIND
Earnings call transcript
2023 Q1
3 May 23
LIND
Earnings call transcript
2022 Q4
28 Feb 23
LIND
Earnings call transcript
2022 Q3
5 Nov 22
LIND
Earnings call transcript
2022 Q2
1 Aug 22
LIND
Earnings call transcript
2022 Q1
3 May 22
LIND
Earnings call transcript
2021 Q4
22 Feb 22
Latest ownership filings
4
BENJAMIN BRESSLER
15 Apr 24
3
Pamela O. Kaufman
5 Apr 24
4
BENJAMIN BRESSLER
2 Apr 24
4
NOAH BRODSKY
2 Apr 24
4
CRAIG FELENSTEIN
2 Apr 24
4
Trey Byus
2 Apr 24
4
Sven-Olof Lindblad
2 Apr 24
4
BENJAMIN BRESSLER
20 Mar 24
SC 13G/A
ARIEL INVESTMENTS, LLC
14 Feb 24
SC 13G/A
MSD Partners, L.P.
13 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 168.02 mm | 168.02 mm | 168.02 mm | 168.02 mm | 168.02 mm | 168.02 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | 1.44 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | 9.60 mm | n/a | n/a |
Cash remaining | n/a | n/a | n/a | 158.42 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | n/a | 110.4 | n/a | n/a |
Institutional ownership, Q3 2023
70.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 120 |
Opened positions | 15 |
Closed positions | 11 |
Increased positions | 42 |
Reduced positions | 40 |
13F shares | Current |
---|---|
Total value | 235.04 bn |
Total shares | 37.62 mm |
Total puts | 8.60 k |
Total calls | 2.70 k |
Total put/call ratio | 3.2 |
Largest owners | Shares | Value |
---|---|---|
Ariel Investments | 8.47 mm | $61.00 bn |
Mark Ein | 4.72 mm | $0.00 |
BLK Blackrock | 2.47 mm | $17.82 bn |
Gilder Gagnon Howe & Co | 1.99 mm | $14.34 bn |
Vanguard | 1.85 mm | $13.31 bn |
PFG Principal Financial Group Inc - Registered Shares | 1.70 mm | $12.22 bn |
Aperture Investors | 1.58 mm | $11.39 bn |
Royce & Associates | 1.25 mm | $8.98 bn |
FMR | 936.33 k | $6.74 bn |
Black Diamond Financial | 904.45 k | $6.51 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Apr 24 | Bressler Benjamin | Common Stock | Grant | Acquire A | No | No | 0 | 12,578 | 0.00 | 21,513 |
31 Mar 24 | Lindblad Sven-Olof | Common Stock | Sale back to company | Dispose D | No | No | 0 | 10,627 | 0.00 | 11,818,471 |
31 Mar 24 | Lindblad Sven-Olof | Common Stock | Payment of exercise | Dispose F | No | No | 0 | 8,487 | 0.00 | 11,829,098 |
31 Mar 24 | Bressler Benjamin | Common Stock | Payment of exercise | Dispose F | No | No | 0 | 1,526 | 0.00 | 8,934 |
31 Mar 24 | Byus Trey | Common Stock | Sale back to company | Dispose D | No | No | 0 | 3,896 | 0.00 | 126,897 |
31 Mar 24 | Byus Trey | Common Stock | Payment of exercise | Dispose F | No | No | 0 | 3,734 | 0.00 | 130,793 |
31 Mar 24 | Felenstein Craig | Common Stock | Sale back to company | Dispose D | No | No | 0 | 5,667 | 0.00 | 199,877 |
31 Mar 24 | Felenstein Craig | Common Stock | Payment of exercise | Dispose F | No | No | 0 | 8,671 | 0.00 | 205,544 |
29 Mar 24 | Byus Trey | Common Stock | Grant | Acquire A | No | No | 0 | 11,592 | 0.00 | 134,527 |
29 Mar 24 | Felenstein Craig | Common Stock | Grant | Acquire A | No | No | 0 | 15,731 | 0.00 | 214,215 |
News
Deutsche Bank Maintains Hold on Lindblad Expeditions, Lowers Price Target to $10
2 Apr 24
Lindblad Expeditions Q4 EPS $(0.53) Misses $(0.28) Estimate, Sales $125.36M Miss $127.27M Estimate
28 Feb 24
Earnings Scheduled For February 28, 2024
28 Feb 24
Earnings Outlook For Lindblad Expeditions
27 Feb 24
Press releases
NATIONAL GEOGRAPHIC SEA BIRD EMBARKS ON INAUGURAL PACIFIC NORTHWEST EXPEDITION WITH FOOD & WINE
4 Apr 24
NATIONAL GEOGRAPHIC SEA BIRD EMBARKS ON INAUGURAL PACIFIC NORTHWEST EXPEDITION WITH FOOD & WINE
4 Apr 24
Lindblad Expeditions Holdings, Inc. Reports 2023 Fourth Quarter Financial Results and Full Year Financial Results
28 Feb 24
LINDBLAD EXPEDITIONS HOLDINGS, INC. TO REPORT 2023 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS ON FEBRUARY 28, 2024
21 Feb 24