Lindblad Expeditions Holdings Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:LI4 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
19 Apr 24	Buy€231,246	Alexander Schultz	Individual	33,016	€7.00
13 Dec 23	Buy€317,206	Alexander Schultz	Individual	39,293	€8.68
22 Nov 23	Sell€164,476	Thomas Smith	Individual	23,796	€6.91
20 Nov 23	Buy€21,344	John Fahey	Individual	3,000	€7.11

Insider Buying: LI4 insiders have bought more shares than they have sold in the past 3 months.

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top 25 shareholders own 82.63% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
22.1%	Sven-Olof Lindblad	11,787,138	€81.3m	-0.05%	no data
16.1%	Ariel Investments, LLC	8,608,216	€59.4m	1.61%	0.61%
6.15%	Mark Ein	3,284,766	€22.7m	-0.77%	no data
4.91%	BlackRock, Inc.	2,621,064	€18.1m	5.92%	no data
3.68%	The Vanguard Group, Inc.	1,967,141	€13.6m	6.41%	no data
3.55%	Gilder Gagnon Howe & Co. LLC	1,895,596	€13.1m	-4.79%	0.18%
3.04%	Principal Global Investors, LLC	1,625,976	€11.2m	-4.14%	0.01%
2.59%	Royce & Associates, LP	1,385,294	€9.6m	11%	0.09%
1.88%	Aperture Investors, LLC	1,002,668	€6.9m	-36.6%	0.51%
1.79%	L. Dryden	956,959	€6.6m	-0.86%	no data
1.69%	Black Diamond Financial, LLC	904,452	€6.2m	0%	1.72%
1.64%	Anchor Capital Management Company, LLC	876,070	€6.0m	127%	8.33%
1.53%	Pier Capital, LLC	815,606	€5.6m	5.56%	0.89%
1.49%	Geode Capital Management, LLC	797,264	€5.5m	6.51%	no data
1.44%	Franklin Resources, Inc.	768,628	€5.3m	0%	no data
1.41%	State Street Global Advisors, Inc.	753,033	€5.2m	5.8%	no data
1.16%	Polar Asset Management Partners Inc.	619,426	€4.3m	-1.04%	0.15%
1.15%	Millennium Management LLC	613,053	€4.2m	240%	no data
1.14%	Pinnacle Associates, Ltd.	607,994	€4.2m	0.99%	0.07%
0.98%	Formula Growth Limited	523,403	€3.6m	346%	1.22%
0.74%	Arrowstreet Capital, Limited Partnership	395,004	€2.7m	229%	no data
0.69%	SEB Investment Management AB	370,201	€2.6m	4.08%	0.01%
0.64%	Marshall Wace LLP	342,528	€2.4m	0.64%	0.01%
0.59%	Fred Alger Management, LLC	313,458	€2.2m	-37.5%	0.01%
0.58%	Northern Trust Global Investments	311,892	€2.2m	-4.12%	no data