Zions Bancorporation National Association UT Grows Stock Holdings in Airbnb, Inc. $ABNB

Zions Bancorporation National Association UT grew its stake in Airbnb, Inc. (NASDAQ:ABNB) by 2.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 33,418 shares of the company’s stock after acquiring an additional 811 shares during the quarter. Zions Bancorporation National Association UT’s holdings in Airbnb were worth $4,423,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of ABNB. Vanguard Group Inc. boosted its holdings in Airbnb by 1.6% in the 1st quarter. Vanguard Group Inc. now owns 37,462,629 shares of the company’s stock valued at $4,475,286,000 after purchasing an additional 604,120 shares during the last quarter. Harris Associates L P lifted its holdings in Airbnb by 86.0% in the first quarter. Harris Associates L P now owns 9,944,948 shares of the company’s stock valued at $1,188,024,000 after acquiring an additional 4,598,125 shares during the last quarter. Northern Trust Corp grew its position in Airbnb by 2.5% in the first quarter. Northern Trust Corp now owns 4,402,970 shares of the company’s stock worth $525,979,000 after acquiring an additional 106,135 shares during the period. AQR Capital Management LLC grew its position in Airbnb by 81.0% in the first quarter. AQR Capital Management LLC now owns 4,282,523 shares of the company’s stock worth $500,755,000 after acquiring an additional 1,916,676 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Airbnb by 19.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,157,884 shares of the company’s stock worth $377,241,000 after acquiring an additional 521,752 shares during the last quarter. Hedge funds and other institutional investors own 80.76% of the company’s stock.

Insiders Place Their Bets

In related news, Director Joseph Gebbia sold 236,000 shares of the company’s stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $128.47, for a total value of $30,318,920.00. Following the completion of the transaction, the director directly owned 468,015 shares of the company’s stock, valued at $60,125,887.05. This represents a 33.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Elinor Mertz sold 7,500 shares of the stock in a transaction that occurred on Tuesday, October 28th. The shares were sold at an average price of $130.00, for a total transaction of $975,000.00. Following the completion of the transaction, the chief financial officer owned 436,570 shares in the company, valued at $56,754,100. This represents a 1.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,446,760 shares of company stock valued at $179,726,429 in the last ninety days. Insiders own 27.91% of the company’s stock.

Airbnb Stock Up 0.3%

NASDAQ ABNB opened at $120.88 on Friday. Airbnb, Inc. has a 52 week low of $99.88 and a 52 week high of $163.93. The firm has a 50 day moving average of $123.89 and a two-hundred day moving average of $128.79. The stock has a market capitalization of $75.12 billion, a PE ratio of 28.71, a price-to-earnings-growth ratio of 2.20 and a beta of 1.11.

Airbnb (NASDAQ:ABNB) last released its quarterly earnings data on Thursday, November 6th. The company reported $2.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.31 by ($0.10). The firm had revenue of $4.10 billion for the quarter, compared to analysts’ expectations of $4.08 billion. Airbnb had a return on equity of 32.71% and a net margin of 22.03%.Airbnb’s revenue for the quarter was up 9.9% on a year-over-year basis. During the same period last year, the firm posted $2.13 earnings per share. Airbnb has set its Q4 2025 guidance at EPS. On average, equities research analysts expect that Airbnb, Inc. will post 4.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on ABNB. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $165.00 price target on shares of Airbnb in a research note on Friday. Weiss Ratings restated a “hold (c)” rating on shares of Airbnb in a report on Wednesday, October 8th. Wells Fargo & Company boosted their target price on Airbnb from $110.00 to $111.00 and gave the company an “underweight” rating in a research report on Friday. KeyCorp initiated coverage on Airbnb in a research note on Thursday, October 23rd. They set a “sector weight” rating on the stock. Finally, Morgan Stanley decreased their target price on Airbnb from $130.00 to $120.00 and set an “underweight” rating on the stock in a research note on Thursday, August 7th. Three analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty have given a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $142.44.

Airbnb Profile

Airbnb, Inc, together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company’s marketplace connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, and vacation homes.