Metis Global Partners LLC Sells 2,280 Shares of Airbnb, Inc. $ABNB

Metis Global Partners LLC decreased its stake in Airbnb, Inc. (NASDAQ:ABNB) by 9.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 22,975 shares of the company’s stock after selling 2,280 shares during the quarter. Metis Global Partners LLC’s holdings in Airbnb were worth $3,041,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Kentucky Trust Co bought a new stake in shares of Airbnb in the 2nd quarter valued at about $25,000. E Fund Management Hong Kong Co. Ltd. boosted its stake in Airbnb by 70.9% during the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 200 shares of the company’s stock worth $26,000 after acquiring an additional 83 shares during the last quarter. Concord Wealth Partners acquired a new position in Airbnb during the second quarter valued at approximately $28,000. Whipplewood Advisors LLC increased its stake in Airbnb by 235.3% in the second quarter. Whipplewood Advisors LLC now owns 228 shares of the company’s stock valued at $30,000 after purchasing an additional 160 shares in the last quarter. Finally, Armstrong Advisory Group Inc. raised its holdings in Airbnb by 363.6% in the second quarter. Armstrong Advisory Group Inc. now owns 255 shares of the company’s stock worth $34,000 after purchasing an additional 200 shares during the period. 80.76% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Joseph Gebbia sold 236,000 shares of Airbnb stock in a transaction that occurred on Monday, October 13th. The shares were sold at an average price of $119.22, for a total value of $28,135,920.00. Following the sale, the director directly owned 704,015 shares in the company, valued at $83,932,668.30. This trade represents a 25.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Elinor Mertz sold 12,184 shares of the business’s stock in a transaction on Friday, October 24th. The stock was sold at an average price of $127.65, for a total transaction of $1,555,287.60. Following the completion of the sale, the chief financial officer directly owned 444,070 shares in the company, valued at approximately $56,685,535.50. This represents a 2.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,446,760 shares of company stock valued at $179,726,429 in the last quarter. 27.83% of the stock is currently owned by insiders.

Airbnb Price Performance

ABNB opened at $120.88 on Monday. The company has a market capitalization of $75.12 billion, a price-to-earnings ratio of 28.71, a P/E/G ratio of 2.21 and a beta of 1.11. The business’s 50-day moving average price is $123.89 and its two-hundred day moving average price is $128.87. Airbnb, Inc. has a 1 year low of $99.88 and a 1 year high of $163.93.

Airbnb (NASDAQ:ABNB) last posted its quarterly earnings data on Thursday, November 6th. The company reported $2.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.31 by ($0.10). Airbnb had a return on equity of 32.14% and a net margin of 22.03%.The firm had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.08 billion. During the same quarter in the previous year, the business posted $2.13 earnings per share. The firm’s quarterly revenue was up 9.9% compared to the same quarter last year. Airbnb has set its Q4 2025 guidance at EPS. Sell-side analysts anticipate that Airbnb, Inc. will post 4.31 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on ABNB shares. Zacks Research raised shares of Airbnb to a “hold” rating in a report on Tuesday, August 12th. Wedbush reiterated a “neutral” rating and set a $130.00 target price on shares of Airbnb in a report on Friday. KeyCorp started coverage on Airbnb in a research note on Thursday, October 23rd. They issued a “sector weight” rating for the company. Truist Financial dropped their price target on Airbnb from $106.00 to $104.00 and set a “sell” rating on the stock in a research report on Wednesday, September 3rd. Finally, Citizens Jmp upgraded Airbnb to a “hold” rating in a research report on Monday, August 11th. Three analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty have assigned a Hold rating and five have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $142.44.

About Airbnb

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.