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 solid buy in our book, and increased their holding by a noteworthy 35%.
The Last 12 Months Of Insider Transactions At Lindblad Expeditions Holdings
In fact, the recent purchase by Independent Director Alexander Schultz was not their only acquisition of Lindblad Expeditions Holdings shares this year. Earlier in the year, they paid US$9.36 per share in a US$342k purchase. That means that an insider was happy to buy shares at above the current price of US$7.33. Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for 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. On the other hand they divested 23.80k shares, for US$179k. In the last twelve months there was more buying than selling by Lindblad Expeditions Holdings insiders. 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. The chart below shows insider transactions (by companies and individuals) over the last year. 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 growing companies that insiders are buying.
Insider Ownership
Looking at the total insider shareholdings in a company can help to inform your view of whether they are well aligned with common shareholders. I reckon it's a good sign if insiders own a significant number of shares in the company. Lindblad Expeditions Holdings insiders own 31% of the company, currently worth about US$123m based on the recent share price. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.
So What Does This Data Suggest About Lindblad Expeditions Holdings Insiders?
It is good to see the recent insider purchase. 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! In addition to knowing about insider transactions going on, it's beneficial to identify the risks facing Lindblad Expeditions Holdings. Case in point: We've spotted 1 warning sign for Lindblad Expeditions Holdings you should be aware of.
Of course Lindblad Expeditions Holdings may not be the best stock to buy. So you may wish to see this free collection of high quality companies.
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.