Alexander Schultz Bought 35% More Shares In Lindblad Expeditions Holdings

Potential Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) shareholders may wish to note that the Independent Director, Alexander Schultz, recently bought US$247k worth of stock, paying US$7.47 for each share. That's a very decent purchase to our minds and it grew their holding by a solid 35%.

Check out our latest analysis for Lindblad Expeditions Holdings

The Last 12 Months Of Insider Transactions At Lindblad Expeditions Holdings

Notably, that recent purchase by Independent Director Alexander Schultz was not the only time they bought Lindblad Expeditions Holdings shares this year. Earlier in the year, they paid US$9.36 per share in a US$342k purchase. So it's clear an insider wanted to buy, even at a higher price than the current share price (being US$7.35). It's very possible they regret the purchase, but it's more likely they are bullish about the company. We always take careful note of the price insiders pay when purchasing shares. It is generally more encouraging if they paid above the current price, as it suggests they saw value, even at higher levels.

Happily, we note that in the last year insiders paid US$612k for 75.31k shares. But they sold 23.80k shares for US$179k. Overall, Lindblad Expeditions Holdings insiders were net buyers during the last year. The average buy price was around US$8.13. This is nice to see since it implies that insiders might see value around current prices. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date!

There are always plenty of stocks that insiders are buying. So if that suits your style you could check each stock one by one or you could take a look at this free list of companies. (Hint: insiders have been buying them).

Insider Ownership

I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Lindblad Expeditions Holdings insiders own 31% of the company, currently worth about US$123m based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

What Might The Insider Transactions At Lindblad Expeditions Holdings Tell Us?

The recent insider purchase is heartening. And an analysis of the transactions over the last year also gives us confidence. But on the other hand, the company made a loss during the last year, which makes us a little cautious. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Lindblad Expeditions Holdings. Looks promising! While we like knowing what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. At Simply Wall St, we found 1 warning sign for Lindblad Expeditions Holdings that deserve your attention before buying any shares.

But note: Lindblad Expeditions Holdings may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.