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Stock Ratings / Consumer Discretionary / LIND / insiders
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Lindblad Expeditions Holdings Inc. (LIND) Insider, 13F Hedge Fund & Politician Buy/Sell Thermometer

$37.35 -0.08% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $37.43

Lindblad Expeditions Holdings Inc. (LIND) earns a Roarable Rating of B- (Buy) with 70/100 RQD Confidence. High-quality cash engine (steady margins, 29% return on capital) with steady institutional support. The company’s underlying cash engine and institutional positioning keep the composite score in the Green Buy zone.

📊 Historical Track Record: Scores of 70/100 (B-) historically ranked in the Top 15% of excess returns over the next 90 days (+6.6% avg 90D alpha vs SPY • 68.1% hit rate) →
ROARABLE B- • BUY Cap $2.45B
📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card
⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on LIND Below — or Connect Your Own ChatGPT / Claude
🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is LIND stock a Buy, Hold, or Sell right now according to Roarable's RQD model?
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As of 2026-11-02, Lindblad Expeditions Holdings Inc. (NASDAQ: LIND) is rated B- (Buy / BUY) by Roarable's 5-pillar RQD engine with a composite confidence score of 70/100 at a spot price of $37.35 (-0.08% 1D, market cap $2.45B). Pillar breakdown: Fundamental Cash Engine 18/20, Institutional 13F & Options Flow 17/20, Executive Insider Alignment 13/20, FRED Macro Regime Fit 10/20, and SEC Balance-Sheet Forensics 12/20. Across 1011 tracked Consumer Discretionary issuers, LIND ranks #154 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief
🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does LIND compare to MMYT and BWLP in the Consumer Discretionary sector?
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Within the Consumer Discretionary sector (Transportation Services), LIND carries a Roarable B- (70/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of 29.3%. By comparison, MMYT (MakeMyTrip Limited) holds a D grade (45/100 RQD, P/E N/A, ROIC —, cap $4.04B) and BWLP (BW LPG Limited) posts a C- grade (61/100 RQD, P/E N/A, ROIC —, cap $4.12B). Among the 5-stock peer group, VTOL leads on earnings multiple (9.7x) while LIND leads on capital efficiency (29.3% ROIC).

✓ Pre-computed one-to-many AI Quant brief
🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for LIND?
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Per LIND's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001512499), Lindblad Expeditions Holdings Inc. generated $0 in revenue, -$34.6M in net income, and $63.8M in free cash flow against $980.0M in total assets and $662.7M in total debt. Key quantitative strengths: Strong cash generator (steady margins)—profits are backed by real money, not accounting tricks.. Primary risk factors monitored: Sensitive to high interest rates and tighter Federal Reserve market liquidity.. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief
🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).
INTERACTIVE SCENARIO DECK:
🛡️ Portfolio Crash X-Ray
EXT / AFTER-HRS: $37.44 (+0.23%)🧬 Cannibal Buyback (-1.24% YoY Shares)⚙️ Cash Engine: 18/20 (A) • 1.6% FCF Margin
Verify 90D Bucket Audit →
📊 Historical Track Record: Scores of 70/100 (B-) historically ranked in the Top 15% of excess returns over the next 90 days (+6.6% avg 90D alpha vs SPY • 68.1% hit rate).
Audit Bucket Track Record →
RQD QUANT TACHOMETERBUY • B-
025507510070
JEV AI Jury Split (Battleground)
Cash
SEC
Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw B+ · Rk D+
Cash (18)Whales (17)SEC (13)Macro (10)CEO (12)
Each axis scored 0–20
12M PRICE TARGET CONE+5.4% Base Target
$46 Bull$39 Base$31 Bear
📬 FREE LIND RATING-CHANGE & BRIEFING ALERTSManage / Unsubscribe
WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for LIND)Realized 20D OHLCV Swing Band: ±8.8%
Deterministic 5-Pillar Attribution (70/100 Composite)
🔍 WHY LIND SCORES 70/100 (B-) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag
▲ #1 Bullish Driver: Cash Engine Quality+18/20 pts (26% of score)

SEC XBRL FY 2025 (10-K): 1.6% FCF Margin ($63.8M FCF) & 52% Gross Margin

▲ #2 Bullish Driver: Whale & Options Positioning+17/20 pts (24% of score)

20D Institutional Volume Accumulation (±8.8% realized swing band)

▼ #1 Drag / Risk Factor: Macro Regime Fit10/20 pts (-10 pt drag)

Macro rate sensitivity & RSI-14 (67.1) create a -10 pt regime headwind

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current
Q1 (-3Q)
62
Grade C+$36.23-5.3% Next Q
Q2 (-2Q)
65
Grade C+$34.32+1.5% Next Q
Q3 (-1Q)
67
Grade B-$34.85+7.2% Next Q
Current
70
Grade B-$37.35+6.6% Hist 90D α
Trajectory: C+ (62) → B- (70)Full Audit →
⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the LIND Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 70/100 (B-) score, LIND faces multiple-compression risk if current valuation multiples re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Sensitive to high interest rates and tighter Federal Reserve market liquidity.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Cannibal Buyback (-1.24% YoY Shares) — any gross margin slip below 49.5% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($31.41) or 200D SMA ($24.53) invalidates the momentum regime and cuts Target Base ($39.37) toward Bear Floor ($30.63).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $LIND• $2.4M Crowd Pool • Kalshi / Polymarket Composite
Contract: “LIND Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”
YES 70%NO 30%Trade / Inspect Odds →
SEC FORM 4 × 13F HEDGE FUNDS × CONGRESSIONAL STOCK ACT

LIND Smart-Money Thermometer: BALANCED INSTITUTIONAL POSITIONING

Explore All 13F & Congress Whales →
▲ Disclosed Buys: 0 ($0)▼ Disclosed Sales: 0 ($0)

Wide-Open SEC Form 4, 13F & Congressional Disclosure Ledger (LIND)

No recent open-market Form 4 cluster sales or emergency dumps flagged on LIND. Visit the Global 13F & Congressional Whale Ledger for cross-market smart-money filings.

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Quantitative Research Desk

Scheduled RQD Strong Buys & Whale Accumulation Briefing (LIND Tape Review)

  • ✓Breakdown of the highest-scoring RQD Green-Light breakouts across our 5,200+ rated universe
  • ✓Forensic Red-Light accounting & dilution traps to review on your watchlist
  • ✓Includes downloadable .ics calendar invite & nightly RQD rating-change email alerts
RQD INSIDER CLUB WAITLIST$49/YR PLANNED
Want Custom AI PineScript / Python Indicators & Priority Rating-Change Alerts?
Join Founding VIP Waitlist (No Card Required) →$100K Arena
LIND // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +109.36%⚡ TESTING RESISTANCE
2026-11-02O $35.82H $37.38L $35.82C $37.35VOL 838.2K
RES: $37.55SUP: $25.99SMA50: $31.41SMA200: $24.53
$39.04$32.54$26.03$19.53$13.02RES $37.55SUP $25.99$37.352026-05-042026-06-172026-08-042026-09-172026-11-02
PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

LIND Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 LIND Butterfly Map → + Track LIND →
Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)
31.4%/yr Implied 5Y Growth

vs. +6.0% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on LIND today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for LIND. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video
🎬 No recent verified company-specific video clip queued for LIND today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →
DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (LIND)

Consumer Discretionary Rank #154 of 1011 ⚔️ MMYT vs LIND Full Matrix →

1. Head-to-Head Consumer Discretionary Peer Comparison (LIND vs. MMYT, BWLP, RXO, VTOL)

Industry: Transportation Services (22 Tracked Issuers)

Across 1011 tracked Consumer Discretionary securities in the Roarable RQD universe, Lindblad Expeditions Holdings Inc. (LIND) ranks #154 by composite RQD confidence (70/100, grade B-) and #389 by equity capitalization ($2.45B). Within this direct 5-issuer industry benchmark cohort, VTOL leads on earnings valuation at 9.7x trailing P/E, while LIND leads on capital efficiency and profitability with 29.3% ROIC and — gross margin. LIND currently leads its immediate peer cohort in composite quantitative strength at 70/100 (B-).

Ticker / Company Roarable Grade RQD Score Trailing P/E Gross Margin ROIC 1D Change Market Cap Head-to-Head
LIND ACTIVE
Lindblad Expeditions Holdings Inc.
B- 70/100 — — 29.3% -0.08% $2.45B Benchmark Subject
MMYT
MakeMyTrip Limited
D 45/100 — — — -0.74% $4.04B /mmyt-vs-lind →
BWLP
BW LPG Limited
C- 61/100 — — — -3.32% $4.12B /bwlp-vs-lind →
RXO
RXO Inc.
D+ 56/100 — — -2.9% -0.58% $4.56B /rxo-vs-lind →
VTOL
Bristow Group Inc.
C 62/100 9.7x — 8.9% -0.14% $1.25B /vtol-vs-lind →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001512499

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Lindblad Expeditions Holdings Inc. (LIND) reported GAAP revenue of $0 (N/A vs. FY2024 revenue of $0 ) , GAAP net income of -$34.6M, operating cash flow of $111.6M, and free cash flow of $63.8M (+8.5% YoY). On the balance sheet, LIND closed FY2025 with $980.0M in total assets against $662.7M in total debt (Altman Z-Score: N/A, Piotroski F-Score: 4/9).

Fiscal Period Filing Date Revenue Net Income Operating Cash Flow Free Cash Flow Total Assets Total Debt
FY2025 (FY) 2025-12-31 $0 -$34.6M $111.6M $63.8M $980.0M $662.7M
FY2024 (FY) 2024-12-31 $0 -$35.8M $92.4M $58.8M $876.9M $625.4M
FY2023 (FY) 2023-12-31 $0 -$50.0M $25.4M $25.4M — —

3. LIND Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is LIND stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-02, Lindblad Expeditions Holdings Inc. (NASDAQ: LIND) is rated B- (Buy / BUY) by Roarable's 5-pillar RQD engine with a composite confidence score of 70/100 at a spot price of $37.35 (-0.08% 1D, market cap $2.45B). Pillar breakdown: Fundamental Cash Engine 18/20, Institutional 13F & Options Flow 17/20, Executive Insider Alignment 13/20, FRED Macro Regime Fit 10/20, and SEC Balance-Sheet Forensics 12/20. Across 1011 tracked Consumer Discretionary issuers, LIND ranks #154 in composite RQD confidence.

How does LIND compare to MMYT and BWLP in the Consumer Discretionary sector?

Within the Consumer Discretionary sector (Transportation Services), LIND carries a Roarable B- (70/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of 29.3%. By comparison, MMYT (MakeMyTrip Limited) holds a D grade (45/100 RQD, P/E N/A, ROIC —, cap $4.04B) and BWLP (BW LPG Limited) posts a C- grade (61/100 RQD, P/E N/A, ROIC —, cap $4.12B). Among the 5-stock peer group, VTOL leads on earnings multiple (9.7x) while LIND leads on capital efficiency (29.3% ROIC).

What are the biggest fundamental strengths and SEC risk factors for LIND?

Per LIND's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001512499), Lindblad Expeditions Holdings Inc. generated $0 in revenue, -$34.6M in net income, and $63.8M in free cash flow against $980.0M in total assets and $662.7M in total debt. Key quantitative strengths: Strong cash generator (steady margins)—profits are backed by real money, not accounting tricks.. Primary risk factors monitored: Sensitive to high interest rates and tighter Federal Reserve market liquidity.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is LIND trading relative to its 50-day, 200-day, and 52-week technical levels?

LIND last traded at $37.35 (-0.08% on volume of 760,600 shares), positioning the stock +18.91% above its 50-day simple moving average ($31.41) and +52.26% above its 200-day simple moving average ($24.53). Across its 52-week range of $11.37 to $37.47, LIND sits at the 99.5% percentile with a 14-day RSI of 67.1 (BULLISH MOMENTUM) and an implied next-earnings move of ±8.8% ($34.06 to $40.64).

LIND Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

Are LIND insiders and hedge funds buying or selling?

Roarable's SEC Form 4 and 13F Whale Thermometer currently classifies LIND leadership and institutional positioning as: BALANCED INSTITUTIONAL POSITIONING.

Direct Sub-Reports: LIND RQD Cockpit LIND 12M Forecast LIND Earnings & Move LIND Dividends & DRIP LIND Insiders & 13F LIND Whale Options LIND Profit Sankey LIND News & Why
ROARABLE RATING BRIEF • RQD 70/100 (B-) ✓ STAGE-C NUMBER FIREWALL VERIFIED

LIND — Lindblad Expeditions Holdings Inc.: What the Facts Mean to a Prospective Investor

Engine: anthropic/claude-haiku-5.5
As of: 2026-11-02T15:25:38Z

Roarable Rating Brief: What This Means to a Prospective Investor

Per the Roarable RQD rating, LIND scores 70 out of 100, a letter grade of B-, with the verdict label "Roarable Buy — Sound Institutional Accumulation." Across the five pillars: Fundamental Cash Engine scores 18/20 (ROIC 29.3%; FCF yield 2.6%), indicating the strongest pillar and a cash-generation profile the rating treats as a primary upside driver. Whale/13F Flow scores 17/20, reflecting institutional accumulation and options positioning. Insider Conviction scores 12/20 on SEC Form 4 and Congressional PTR cluster flow. Macro Regime Fit scores 10/20, with beta of 1.0 and sector sensitivity cited as the constraint. Forensic Balance Sheet scores 13/20 (Altman Z 2.5; Piotroski F 4/9; Debt/Equity 0.5), a middling reading. For a prospective investor, the rating's logic is that strong return-on-capital and cash yield are offset by weaker forensic scores, sector-linked macro sensitivity, and a valuation shown by EV/EBITDA of 33.2, which is a tradeoff to weigh rather than a conclusion. The rating itself is a model output and does not constitute personalized financial advice.

Financial Trend

PeriodRevenueOperating IncomeNet IncomeEPSFCFCashDebt
FY 2025$0.0M$45.5M$-34.6MN/A$63.8M$256.7M$662.7M
FY 2024$0.0M$21.6M$-35.8MN/A$58.8M$183.9M$625.4M
FY 2023$0.0M$10.6M$-50.0MN/A$25.4MN/AN/A

Per the SEC financials, operating income rose from $10.6M (FY 2023) to $21.6M (FY 2024) to $45.5M (FY 2025), while net income remained negative in each period. Per the market data, gross, operating, and net margins are each reported as 0%, so margin analysis is not supported by the source. Per the Roarable RQD rating, ROIC is 29.3%, Altman Z-Score is 2.5, and Piotroski F-Score is 4/9. Per the Roarable RQD rating, Debt/Equity is 0.5, and per the SEC financials, reported debt rose from $625.4M to $662.7M between FY 2024 and FY 2025.

Recent Catalysts & News Wire Analysis

Six headlines are logged in the news feed, all tagged as YELLOW light and MARKET WIRE impact. The feed includes a Yahoo Finance report on a one-week price move of 2.99%, an Investor's Business Daily piece describing the stock as "Stock Of The Day" and trading above a buy point, and a StockInvest.us forecast article. Insider-related headlines report that Sven Lindblad sold $5.6m in Lindblad Expeditions stock (Seatrade Cruise News) and that a Lindblad Expeditions director sold $8.25M in LIND common stock (Investing.com). A Seeking Alpha article is headlined "Strong Demand, Too Much Priced In." Risk watch items per the news feed center on the reported insider sales and the valuation concern raised in the Seeking Alpha headline. Proprietary signals per the Butterfly Supply-Chain Graph are Not available in source data (the graph lists no links or signals).

Open Questions

  • What is the company's revenue, given that the SEC financials report $0.0M for every period while operating income is positive?
  • Why do reported margins show 0% while the RQD rating cites a 29.3% ROIC?
  • What is the composition and timing of the insider sales referenced in the news feed, and do they reflect routine or discretionary activity?
  • What drove the increase in reported debt from $625.4M to $662.7M, and how does it relate to the Altman Z-Score of 2.5?
  • What forward earnings expectations underlie the EV/EBITDA of 33.2, given that P/E and EPS are unavailable?

LIND Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Lindblad Expeditions Holdings Inc. (LIND) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to LIND Debate Forum (3) ↓
🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

LIND Bull vs. Bear Conversation Board — What's Your Call at $37.35?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON LIND 🐻 33% BEARISH CONVICTION
1. Pick Your Side on LIND:
💡 Tip: Back up your call with a price target or RQD metric to get upvoted to the top.
RO RoarDesk_Moderator Roarable Research Desk 🐂 BULLISH 🎯 Target: $44.11 (+18.0%)
📌 Pinned Debate

🔥 Official Bull vs. Bear Debate: Is LIND (B- • RQD 70/100) a Buy at $37.38?

Welcome to the LIND (Lindblad Expeditions Holdings Inc.) Roar Pit. Current RQD Composite is 70/100 (Roarable Buy — Sound Institutional Accumulation) in Transportation Services. Bulls point to capital efficiency (29.3% ROIC), while bears focus on macro rate sensitivity and margin execution. Pick your side (🐂 Bull or 🐻 Bear) and drop your price target below.

RI RiskArb_Desk Forensic Accounting Watch 🐻 BEARISH 🎯 Target: $28.04 (-25.0%)
Spot @ $37.38

Pump the brakes on LIND — check the valuation vs. margin headwinds

Everyone in here is repeating the bull case on LIND, but look at what you are paying: current EV/EBITDA multiples with tightening sector spreads. Unless Lindblad Expeditions Holdings Inc. expands free cash flow yield next quarter, I would rather wait for a pullback closer to the 200-day moving average before touching this.

SI SiliconVal_Bull Verified K Arena Trader 🐂 BULLISH 🎯 Target: $45.98 (+23.0%)
Spot @ $37.38

LIND cash flow & RQD setup is being underpriced by the Street here

Looking at the 5-pillar RQD breakdown on LIND, the market is fixating on short-term headline noise in Transportation Services and ignoring the balance sheet and cash flow trajectory. At $37.38 (52-wk range $11.37 - $37.47), any beat on forward guidance forces shorts and underweight funds to chase.

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