We note that the Lindblad Expeditions Holdings, Inc. (NASDAQ:LIND) Independent Director, John Fahey, recently sold US$82k worth of stock for US$11.76 per share. However we note that the sale only shrunk their holding by 5.4%.

The Last 12 Months Of Insider Transactions At Lindblad Expeditions Holdings

Over the last year, we can see that the biggest insider purchase was by Independent Director Alexander Schultz for US$275k worth of shares, at about US$7.43 per share. We do like to see buying, but this purchase was made at well below the current price of US$12.48. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

In the last twelve months insiders purchased 173.53k shares for US$1.3m. But they sold 21.34k shares for US$233k. In the last twelve months there was more buying than selling by Lindblad Expeditions Holdings insiders. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

Lindblad Expeditions Holdings is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Lindblad Expeditions Holdings Boast High Insider Ownership?

Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. It's great to see that Lindblad Expeditions Holdings insiders own 32% of the company, worth about US$206m. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

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

An insider sold Lindblad Expeditions Holdings shares recently, but they didn't buy any. 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 these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Be aware that Lindblad Expeditions Holdings is showing 2 warning signs in our investment analysis, and 1 of those shouldn't be ignored...

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.

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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.