Have Lindblad Expeditions Holdings Insiders Been Selling Stock?

Investors may wish to note that the Independent Director of Lindblad Expeditions Holdings, Inc., John Fahey, recently netted US$82k from selling stock, receiving an average price of US$11.76. However we note that the sale only shrunk their holding by 5.4%.

Check out our latest analysis for Lindblad Expeditions Holdings

The Last 12 Months Of Insider Transactions At Lindblad Expeditions Holdings

The Independent Director Alexander Schultz made the biggest insider purchase in the last 12 months. That single transaction was for US$275k worth of shares at a price of US$7.43 each. Even though the purchase was made at a significantly lower price than the recent price (US$12.06), we still think insider buying is a positive. Because it occurred at a lower valuation, it doesn't tell us much about whether insiders might find today's price attractive.

In the last twelve months insiders purchased 173.53k shares for US$1.3m. On the other hand they divested 21.34k shares, for US$233k. In total, Lindblad Expeditions Holdings insiders bought more than they sold over the last year. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying.

Does Lindblad Expeditions Holdings Boast High 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. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Lindblad Expeditions Holdings insiders own about US$207m worth of shares (which is 32% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

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

An insider hasn't bought Lindblad Expeditions Holdings stock in the last three months, but there was some selling. On the other hand, the insider transactions over the last year are encouraging. And insider ownership remains quite considerable. So we're happy to look past recent trading. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. To that end, you should learn about the 2 warning signs we've spotted with Lindblad Expeditions Holdings (including 1 which shouldn't be ignored).

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity 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.

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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.