National Pension Service increased its holdings in Airbnb, Inc. (NASDAQ:ABNB – Free Report) by 2.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,083,958 shares of the company’s stock after buying an additional 24,179 shares during the period. National Pension Service owned 0.17% of Airbnb worth $143,451,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors have also made changes to their positions in ABNB. STF Management LP increased its stake in Airbnb by 2.1% during the 2nd quarter. STF Management LP now owns 6,708 shares of the company’s stock worth $888,000 after acquiring an additional 136 shares during the period. Mawer Investment Management Ltd. grew its holdings in shares of Airbnb by 55.4% during the 2nd quarter. Mawer Investment Management Ltd. now owns 75,036 shares of the company’s stock worth $9,930,000 after purchasing an additional 26,747 shares in the last quarter. Vise Technologies Inc. acquired a new stake in shares of Airbnb during the 2nd quarter worth $1,265,000. Allworth Financial LP increased its position in shares of Airbnb by 37.5% in the second quarter. Allworth Financial LP now owns 3,727 shares of the company’s stock worth $493,000 after purchasing an additional 1,016 shares during the period. Finally, Americana Partners LLC raised its stake in Airbnb by 15.9% in the second quarter. Americana Partners LLC now owns 11,661 shares of the company’s stock valued at $1,543,000 after purchasing an additional 1,599 shares in the last quarter. 80.76% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities research analysts have issued reports on the stock. Sanford C. Bernstein reiterated an “outperform” rating and set a $165.00 price objective on shares of Airbnb in a research note on Friday, November 7th. Jefferies Financial Group reduced their price target on shares of Airbnb from $165.00 to $160.00 and set a “buy” rating on the stock in a research report on Monday, August 11th. JPMorgan Chase & Co. lifted their price objective on shares of Airbnb from $120.00 to $130.00 and gave the company a “neutral” rating in a research note on Thursday, August 7th. KeyCorp began coverage on Airbnb in a research note on Thursday, October 23rd. They set a “sector weight” rating for the company. Finally, Royal Bank Of Canada raised their target price on Airbnb from $140.00 to $145.00 and gave the company a “sector perform” rating in a report on Thursday, August 7th. 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 issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $143.31.
Airbnb Stock Performance
Shares of ABNB opened at $121.69 on Thursday. Airbnb, Inc. has a 52 week low of $99.88 and a 52 week high of $163.93. The stock has a market capitalization of $75.62 billion, a price-to-earnings ratio of 28.90, a PEG ratio of 2.16 and a beta of 1.11. The stock has a fifty day moving average of $123.52 and a 200-day moving average of $128.81.
Airbnb (NASDAQ:ABNB – Get Free Report) last issued its earnings results 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). The firm had revenue of $4.10 billion during the quarter, compared to analyst estimates of $4.08 billion. Airbnb had a return on equity of 32.14% 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 in the previous year, the company earned $2.13 EPS. Airbnb has set its Q4 2025 guidance at EPS. As a group, equities analysts forecast that Airbnb, Inc. will post 4.31 EPS for the current year.
Insider Activity
In other Airbnb news, Director Joseph Gebbia sold 236,000 shares of the company’s 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 completion of the transaction, the director directly owned 704,015 shares in the company, valued at approximately $83,932,668.30. This represents a 25.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Nathan Blecharczyk sold 2,246 shares of Airbnb stock in a transaction on Wednesday, August 20th. The stock was sold at an average price of $125.20, for a total transaction of $281,199.20. Following the transaction, the insider owned 182,514 shares in the company, valued at approximately $22,850,752.80. This trade represents a 1.22% decrease in their position. 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 over the last quarter. 27.91% of the stock is owned by company insiders.
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.
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