LINDNasdaqTransportation ServicesFiscal year ends December 31
LINDBLAD EXPEDITIONS HOLDINGS, INC.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 3, 2026
$34.32−0.23 (-0.67%)
Close on Oct 19, 2026
- Market cap
- $2.25B
- P/E (TTM)
- –
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
80.3%
53M of 66M shares
Institutional holders
226
57 new, 25 sold out
Net institutional buying
5M
In Q2 2026
Insider trades, 12 months
0 buys · 34 sales
Net sold $34.99M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| FMR LLC | 6,636,712 | 10.10% | 13G (passive) amendment | Jun 30, 2026 |
| Abigail P. Johnson | 4,117,350 | 6.30% | 13G (passive) | Mar 31, 2026 |
| BlackRock, Inc. | 3,821,174 | 5.80% | 13G (passive) | Jun 30, 2026 |
| Ein Mark | 3,333,719 | 5.10% | 13G (passive) amendment | Dec 31, 2025 |
| Lindblad Sven-Olof | 10,783,962 | 16.70% | 13D (active) amendment | Feb 4, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of LIND | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| FMR LLC | 6,636,712 | 10.11% | $187.42M | +2,519,362 | 0.01% |
| BlackRock, Inc. | 4,340,762 | 6.62% | $122.58M | +835,165 | 0.00% |
| Ariel Investments, LLC | 2,762,484 | 4.21% | $78.01M | −676,579 | 0.78% |
| Vanguard Capital Management LLC | 2,129,727 | 3.25% | $60.14M | +23,447 | 0.00% |
| Goldman Sachs Group Inc | 1,773,203 | 2.70% | $50.08M | +846,020 | 0.00% |
| Driehaus Capital Management LLC | 1,467,275 | 2.24% | $41.44M | +281,376 | 0.24% |
| Select Equity Group, L.P. | 1,452,792 | 2.21% | $41.03M | +394,737 | 0.20% |
| Principal Financial Group Inc | 1,393,582 | 2.12% | $39.35M | −136,286 | 0.02% |
| Arrowstreet Capital, Limited Partnership | 1,277,903 | 1.95% | $36.09M | +4,994 | 0.02% |
| Lord, Abbett & Co. LLC | 1,269,650 | 1.93% | $35.86K | +745,020 | 0.10% |
| UBS Group AG | 1,236,927 | 1.88% | $34.93M | +142,613 | 0.00% |
| Geode Capital Management, LLC | 1,236,442 | 1.88% | $34.92M | +217,626 | 0.00% |
| Invesco Ltd. | 1,213,915 | 1.85% | $34.28M | +1,088,537 | 0.00% |
| State Street Corp | 1,063,599 | 1.62% | $30.04M | +193,681 | 0.00% |
| Royce & Associates LP | 1,053,568 | 1.61% | $29.75M | −16,218 | 0.24% |
| Black Diamond Financial, LLC | 959,964 | 1.46% | $27.11M | −108,398 | 2.39% |
| Dimensional Fund Advisors LP | 938,138 | 1.43% | $26.49M | +152,019 | 0.00% |
| Loomis Sayles & Co L P | 888,303 | 1.35% | $25.09M | New | 0.03% |
| Vanguard Portfolio Management LLC | 868,760 | 1.32% | $24.53M | +461,609 | 0.00% |
| Pinnacle Associates Ltd | 800,048 | 1.22% | $22.59M | −40,275 | 0.25% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 226 | 53M | 80.3% | 57 / 92 | 56 / 25 | 14M | 9M |
| Q1 2026 | 199 | 48M | 73.3% | 48 / 69 | 55 / 32 | 18M | 7M |
| Q4 2025 | 189 | 40M | 60.5% | 28 / 59 | 67 / 12 | 4M | 4M |
| Q3 2025 | 174 | 40M | 60.7% | 28 / 73 | 45 / 18 | 6M | 3M |
| Q2 2025 | 164 | 37M | 56.1% | 26 / 69 | 41 / 15 | 3M | 3M |
| Q1 2025 | 153 | 36M | 55.0% | 16 / 49 | 55 / 24 | 4M | 3M |
| Q4 2024 | 163 | 35M | 53.4% | 40 / 60 | 41 / 12 | 5M | 3M |
| Q3 2024 | 137 | 33M | 50.6% | 17 / 53 | 43 / 16 | 6M | 3M |
| Q2 2024 | 137 | 33M | 50.2% | 25 / 56 | 34 / 17 | 3M | 4M |
| Q1 2024 | 130 | 34M | 51.8% | 17 / 39 | 49 / 17 | 2M | 2M |
| Q4 2023 | 130 | 34M | 51.6% | 20 / 50 | 40 / 11 | 3M | 2M |
| Q3 2023 | 122 | 33M | 50.2% | 16 / 43 | 40 / 9 | 3M | 5M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of LIND | Value | % of fund | As of |
|---|---|---|---|---|---|
| Vanguard Total Stock Market Index Fund | 1,560,240 | 2.38% | $44.06M | 0.00% | Jun 30, 2026 |
| Fidelity Small Cap Growth Fund | 1,406,921 | 2.14% | $41.62M | 0.47% | Jul 31, 2026 |
| iShares Russell 2000 ETF | 1,307,653 | 1.99% | $36.93M | 0.04% | Jun 30, 2026 |
| Strategic Advisers Fidelity U.S. Total Stock Fund | 898,100 | 1.37% | $20.61M | 0.01% | May 31, 2026 |
| Fidelity Small Cap Growth K6 Fund | 747,151 | 1.14% | $22.10M | 0.48% | Jul 31, 2026 |
| Calamos Timpani Small Cap Growth Fund | 640,946 | 0.98% | $18.96M | 2.47% | Jul 31, 2026 |
| Lord Abbett Developing Growth Fund Inc | 563,863 | 0.86% | $16.68M | 0.75% | Jul 31, 2026 |
| Fidelity Small Cap Index Fund | 546,561 | 0.83% | $16.17M | 0.05% | Jul 31, 2026 |
| Vanguard Extended Market Index Fund | 520,185 | 0.79% | $14.69M | 0.02% | Jun 30, 2026 |
| SmallCap Fund | 507,300 | 0.77% | $15.01M | 0.72% | Jul 31, 2026 |
| Loomis Sayles Small Cap Growth Fund | 481,405 | 0.73% | $13.59M | 0.60% | Jun 30, 2026 |
| Select Leisure Portfolio | 473,400 | 0.72% | $10.86M | 2.28% | May 31, 2026 |
| iShares Russell 2000 Growth ETF | 461,686 | 0.70% | $13.04M | 0.08% | Jun 30, 2026 |
| Fidelity Stock Selector Small Cap Fund | 445,380 | 0.68% | $13.17M | 0.18% | Jul 31, 2026 |
| Allspring Common Stock Fund | 417,266 | 0.64% | $11.78M | 1.74% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| Natalya Leahy | CEO | 488,126 | 0.74% | Sep 3, 2026 |
| Frederick Goldberg | Chief Financial Officer | 63,742 | 0.10% | Sep 3, 2026 |
| Trey Byus | Chief Expedition Officer | 101,530 | 0.15% | May 22, 2026 |
| Keith A. Taylor | Chief Maritime Officer | 27,706 | 0.04% | Apr 29, 2026 |
| Benjamin Bressler | *Founder & CEO of NHA | 162,305 | 0.25% | Apr 14, 2026 |
| Noah Brodsky | Chief Commercial Officer | 77,735 | 0.12% | Jun 2, 2025 |
| Mark Ein | Director | 3,336,959 | 5.09% | Aug 11, 2026 |
| Catherine B. Reynolds | Director | 85,493 | 0.13% | Aug 11, 2026 |
| John M. Fahey Jr | Director | 237,480 | 0.36% | Aug 11, 2026 |
| Sven-Olof Lindblad | Director, 10% owner | 10,687,202 | 16.29% | Aug 11, 2026 |
| Pamela O. Kaufman | Director | 26,786 | 0.04% | Aug 11, 2026 |
| Smith, Jr. Thomas S. | Director | 48,728 | 0.07% | Aug 11, 2026 |
| L. Dyson Dryden | Director | 951,348 | 1.45% | Aug 11, 2026 |
| Alex P. Schultz | Director | 341,746 | 0.52% | Aug 11, 2026 |
| Annette J. Reavis | Director | 26,786 | 0.04% | Aug 11, 2026 |
| Andrew Stuart | Director | 26,786 | 0.04% | Aug 11, 2026 |
| Michael Elliott Bisnow | Director | 45,786 | 0.07% | Aug 11, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Natalya Leahy CEO | Sep 1, 2026 | Award | +10,664 | – | – | 249,395 |
| Frederick Goldberg Chief Financial Officer | Sep 1, 2026 | Award | +4,503 | – | – | 63,742 |
| Pamela O. Kaufman Director | Aug 8, 2026 | Award | +3,240 | – | – | 26,786 |
| Sven-Olof Lindblad Director, 10% owner | Aug 8, 2026 | Award | +3,240 | – | – | 10,687,202 |
| Catherine B. Reynolds Director | Aug 8, 2026 | Award | +3,240 | – | – | 85,493 |
| John M. Fahey Jr Director | Aug 8, 2026 | Award | +3,240 | – | – | 113,726 |
| Smith, Jr. Thomas S. Director | Aug 8, 2026 | Award | +3,240 | – | – | 48,728 |
| Mark Ein Director | Aug 8, 2026 | Award | +3,240 | – | – | 331,842 |
| Michael Elliott Bisnow Director | Aug 8, 2026 | Award | +3,240 | – | – | 29,112 |
| Andrew Stuart Director | Aug 8, 2026 | Award | +3,240 | – | – | 26,786 |
| Annette J. Reavis Director | Aug 8, 2026 | Award | +3,240 | – | – | 26,786 |
| Alex P. Schultz Director | Aug 8, 2026 | Award | +3,240 | – | – | 341,746 |
| L. Dyson Dryden Director | Aug 8, 2026 | Award | +3,240 | – | – | 951,348 |
| Natalya Leahy CEO | Jul 17, 2026 | Tax withholding | −15,000 | $27.67 | $415.05K | 238,731 |
| Natalya Leahy CEO | Jun 22, 2026 | Tax withholding | −9,763 | – | – | 253,731 |
| Michael Elliott Bisnow Director | Jun 17, 2026 | Sale | −44,642 | $24.21 | $1.08M | 25,872 |
| L. Dyson Dryden Director | Jun 4, 2026 | Sale | −39,946 | $22.04 | $880.41K | 948,108 |
| L. Dyson Dryden Director | May 29, 2026 | Sale | −52,747 | $23.09 | $1.22M | 988,054 |
| John M. Fahey Jr Director | May 29, 2026 | – | −2,000 | $22.89 | $45.78K | 110,486 |
| Trey Byus Chief Expedition Officer | May 21, 2026 | Sale | −10,000 | $20.05 | $200.50K | 101,530 |
| John M. Fahey Jr Director | May 21, 2026 | Sale | −2,000 | $20.26 | $40.52K | 112,486 |
| John M. Fahey Jr Director | May 14, 2026 | Sale(10b5-1 plan) | −1,000 | $19.40 | $19.40K | 117,486 |
| John M. Fahey Jr Director | May 12, 2026 | Sale | −1,000 | $19.40 | $19.40K | 118,486 |
| John M. Fahey Jr Director | May 11, 2026 | Sale | −3,500 | $20.04 | $70.14K | 119,486 |
| Trey Byus Chief Expedition Officer | May 11, 2026 | Sale | −26,460 | $20.23 | $535.29K | 111,530 |
| Keith A. Taylor Chief Maritime Officer | Apr 28, 2026 | Tax withholding | −2,014 | $17.86 | $35.97K | 27,706 |
| Benjamin Bressler *Founder & CEO of NHA | Apr 11, 2026 | Tax withholding | −1,833 | $19.22 | $35.23K | 162,305 |
| Keith A. Taylor Chief Maritime Officer | Mar 31, 2026 | Award | +8,584 | – | – | 29,720 |
| Trey Byus Chief Expedition Officer | Mar 31, 2026 | Award | +13,767 | – | – | 143,192 |
| Trey Byus Chief Expedition Officer | Mar 31, 2026 | Tax withholding | −5,202 | $17.30 | $89.99K | 137,990 |
| Frederick Goldberg Chief Financial Officer | Mar 31, 2026 | Tax withholding | −9,490 | – | – | 72,263 |
| Frederick Goldberg Chief Financial Officer | Mar 31, 2026 | Award | +11,257 | – | – | 81,753 |
| Natalya Leahy CEO | Mar 31, 2026 | Tax withholding | −24,491 | – | – | 267,443 |
| Natalya Leahy CEO | Mar 31, 2026 | Award | +14,220 | – | – | 291,934 |
| Trey Byus Chief Expedition Officer | Mar 31, 2026 | Award | +7,262 | – | – | 133,945 |
| Trey Byus Chief Expedition Officer | Mar 31, 2026 | Tax withholding | −4,520 | – | – | 129,425 |
| Natalya Leahy CEO | Mar 31, 2026 | Tax withholding | −24,491 | – | – | 263,494 |
| Natalya Leahy CEO | Mar 31, 2026 | Award | +14,220 | – | – | 291,934 |
| Frederick Goldberg Chief Financial Officer | Mar 31, 2026 | Award | +11,257 | – | – | 81,753 |
| Frederick Goldberg Chief Financial Officer | Mar 31, 2026 | Tax withholding | −9,490 | – | – | 59,239 |
| Benjamin Bressler *Founder & CEO of NHA | Mar 31, 2026 | Award | +5,780 | – | – | 29,246 |
| Benjamin Bressler *Founder & CEO of NHA | Mar 31, 2026 | Tax withholding | −2,311 | – | – | 26,935 |
| Trey Byus Chief Expedition Officer | Mar 29, 2026 | Tax withholding | −2,313 | – | – | 126,683 |
| Sven-Olof Lindblad Director, 10% owner | Mar 18, 2026 | Gift | −100,000 | – | – | 10,683,962 |
| Benjamin Bressler *Founder & CEO of NHA | Mar 16, 2026 | Tax withholding | −106,713 | $16.93 | $1.81M | 164,138 |
| Benjamin Bressler *Founder & CEO of NHA | Mar 15, 2026 | Award | +243,916 | – | – | 270,851 |
| John M. Fahey Jr Director | Mar 10, 2026 | Sale | −7,768 | $17.66 | $137.18K | 122,986 |
| Smith, Jr. Thomas S. Director | Mar 9, 2026 | Sale | −56,000 | $17.57 | $983.92K | 45,488 |
| Natalya Leahy CEO | Feb 7, 2026 | Tax withholding | −11,842 | $20.04 | $237.31K | 277,714 |
| Benjamin Bressler *Founder & CEO of NHA | Feb 5, 2026 | Option exercise | +41,000 | – | – | 64,466 |
| Benjamin Bressler *Founder & CEO of NHA | Feb 5, 2026 | Sale(10b5-1 plan) | −41,000 | $18.08 | $741.28K | 23,466 |
| Benjamin Bressler *Founder & CEO of NHA | Feb 4, 2026 | Sale(10b5-1 plan) | −181,389 | $18.04 | $3.27M | 23,466 |
| Benjamin Bressler *Founder & CEO of NHA | Feb 4, 2026 | Option exercise | +181,389 | – | – | 204,855 |
| Sven-Olof Lindblad Director, 10% owner | Feb 4, 2026 | Sale(10b5-1 plan) | −28,002 | $17.61 | $493.12K | 10,783,962 |
| Sven-Olof Lindblad Director, 10% owner | Feb 3, 2026 | Sale(10b5-1 plan) | −127,310 | $17.38 | $2.21M | 10,811,964 |
| Sven-Olof Lindblad Director, 10% owner | Feb 2, 2026 | Sale(10b5-1 plan) | −118,846 | $17.35 | $2.06M | 10,939,274 |
| Sven-Olof Lindblad Director, 10% owner | Feb 2, 2026 | Sale(10b5-1 plan) | −114,659 | $17.18 | $1.97M | 11,058,120 |
| Benjamin Bressler *Founder & CEO of NHA | Feb 2, 2026 | Option exercise | +87,478 | – | – | 110,944 |
| Benjamin Bressler *Founder & CEO of NHA | Feb 2, 2026 | Sale(10b5-1 plan) | −87,478 | $17.08 | $1.49M | 23,466 |
| Sven-Olof Lindblad Director, 10% owner | Jan 30, 2026 | Sale(10b5-1 plan) | −78,283 | $16.66 | $1.30M | 11,172,779 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Lindblad Sven-Olof Founder, Co-Chairman, 10% Shareholder | Oct 16, 2026 | 1,500,000 | $53.21M | Oct 16, 2026 | Transfer |
| L. Dyson Dryden Director | Jun 25, 2026 | 3,000 | $66.12K | Jun 4, 2026 | Equity Compensation |
| Elliott Bisnow Michael Director | Jun 17, 2026 | 44,642 | $1.07M | Jun 17, 2026 | Acquired as compensation -- Restricted Stock Awards |
| L. Dyson Dryden Director | Jun 3, 2026 | 36,946 | $829.51K | Jun 3, 2026 | Restricted Stock Award |
| John M. Fahey, Jr. Director | May 29, 2026 | 2,000 | $45.96K | May 29, 2026 | Director Compensation |
| Ein Mark Director | May 29, 2026 | 300,000 | $6.89M | May 29, 2026 | Purchase from Issuer |
| L. Dyson Dryden Director | May 28, 2026 | 52,747 | $1.16M | May 28, 2026 | Restricted Stock Award |
| Trey Byus Officer | May 11, 2026 | 36,460 | $769.31K | May 11, 2026 | open market |
| John M. Fahey, Jr. Director | May 11, 2026 | 7,500 | $158.25K | May 11, 2026 | Director Compensation |
| Mark Ein Director | May 8, 2026 | 1,000,000 | $21.10M | May 8, 2026 | Purchase from Issuer |
| John M. Fahey, Jr. Director | Mar 10, 2026 | 7,768 | $138.35K | Mar 10, 2026 | Director Compensation |
| Thomas S. Smith, Jr. Director | Mar 9, 2026 | 56,000 | $999.04K | Mar 9, 2026 | Open Market Purchase |
| Benjamin Bressler Officer | Feb 5, 2026 | 41,000 | $739.56K | Feb 5, 2026 | Stock Options |
| Benjamin Bressler Officer | Feb 4, 2026 | 181,389 | $3.27M | Feb 4, 2026 | Stock Options |
| Benjamin Bressler Officer | Feb 2, 2026 | 87,478 | $1.49M | Feb 2, 2026 | Stock Options |