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Benjamin Bressler, Founder & CEO of NHA at Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND), sold 7,567 shares of common stock on August 4, 2025, for a total of $98,749. The shares were sold at prices ranging from $13.00 to $13.12.
On the same day, Bressler also exercised options to acquire 7,567 shares of Lindblad Expeditions common stock at a price of $8.44, for a total value of $63,865.
Following these transactions, Bressler directly owns 23,466 shares of Lindblad Expeditions Holdings, Inc.
In other recent news, Lindblad Expeditions Holdings reported better-than-expected financial results for the second quarter of 2025. The company posted an earnings per share (EPS) of -$0.18, outperforming the forecasted -$0.28, which marked a positive surprise of 35.71%. Revenue for the quarter also exceeded expectations, reaching $167.9 million compared to the projected $159.18 million. In addition to its earnings announcement, Lindblad Expeditions plans to offer $650 million in senior secured notes due in 2030. This offering is subject to market conditions and will be guaranteed by Lindblad and certain subsidiaries. The company is also conducting a cash tender offer to purchase its outstanding 6.750% Senior Secured Notes due 2027, totaling $360 million. In a related development, Stifel raised its price target for Lindblad Expeditions to $18.00 from $17.00, maintaining a Buy rating. The firm cited the company’s strong quarterly performance, with improvements in operational metrics such as load factors and EBITDA margins.
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