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Arctic Village Today
By the People, for the People
Algert Global LLC Boosts Stake in Lindblad Expeditions
Investment firm increases holdings in adventure travel company by over 80%
Mar. 17, 2026 at 7:09am
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Algert Global LLC, an investment management firm, has increased its stake in Lindblad Expeditions (NASDAQ:LIND) by 82.2% during the third quarter, according to a recent SEC filing. The firm now owns 548,856 shares of the company's stock, worth approximately $7 million.
Why it matters
Lindblad Expeditions is a leading provider of small-ship expedition cruises to remote destinations around the world, including the Arctic, Galápagos Islands, and Alaska. The significant increase in Algert Global's stake suggests the firm sees strong growth potential in the company's niche adventure travel business.
The details
According to the SEC filing, Algert Global added 247,684 shares of Lindblad Expeditions to its portfolio during the third quarter, bringing its total ownership to nearly 1% of the company. The investment firm cited Lindblad's unique positioning in the expedition cruise market and its potential for future expansion as reasons for the increased stake.
- Algert Global LLC raised its stake in Lindblad Expeditions during the third quarter of 2026.
The players
Algert Global LLC
An investment management firm that has increased its stake in Lindblad Expeditions by over 80%.
Lindblad Expeditions
A leading provider of small-ship expedition cruises to remote destinations around the world.
The takeaway
Algert Global's significant increase in its Lindblad Expeditions holdings suggests the investment firm sees strong growth potential in the adventure travel company's niche market and unique business model.
