1,640 Shares in Airbnb, Inc. $ABNB Purchased by Cornerstone Capital Inc.

Cornerstone Capital Inc. acquired a new stake in Airbnb, Inc. (NASDAQ:ABNB) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,640 shares of the company’s stock, valued at approximately $217,000.

Other hedge funds also recently bought and sold shares of the company. Sit Investment Associates Inc. raised its position in Airbnb by 42.8% in the first quarter. Sit Investment Associates Inc. now owns 16,870 shares of the company’s stock valued at $2,015,000 after purchasing an additional 5,060 shares during the period. Vestmark Advisory Solutions Inc. boosted its position in shares of Airbnb by 74.8% during the first quarter. Vestmark Advisory Solutions Inc. now owns 20,514 shares of the company’s stock worth $2,451,000 after buying an additional 8,780 shares during the period. Plato Investment Management Ltd grew its stake in shares of Airbnb by 53.1% in the first quarter. Plato Investment Management Ltd now owns 18,974 shares of the company’s stock valued at $2,291,000 after buying an additional 6,579 shares in the last quarter. Acadian Asset Management LLC raised its holdings in shares of Airbnb by 52.9% in the 1st quarter. Acadian Asset Management LLC now owns 2,457,837 shares of the company’s stock valued at $293,590,000 after buying an additional 850,719 shares during the period. Finally, York GP Ltd. acquired a new position in Airbnb during the 2nd quarter worth about $6,617,000. Hedge funds and other institutional investors own 80.76% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Jefferies Financial Group dropped their target price on Airbnb from $165.00 to $160.00 and set a “buy” rating for the company in a research report on Monday, August 11th. BNP Paribas initiated coverage on shares of Airbnb in a research note on Monday. They issued a “neutral” rating for the company. Mizuho set a $156.00 price objective on shares of Airbnb in a report on Friday, November 7th. Citizens Jmp upgraded shares of Airbnb to a “hold” rating in a report on Monday, August 11th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Airbnb in a research report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty-one have assigned a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat, Airbnb currently has an average rating of “Hold” and a consensus target price of $143.31.

Airbnb Stock Up 0.1%

Shares of Airbnb stock opened at $114.41 on Tuesday. Airbnb, Inc. has a 52-week low of $99.88 and a 52-week high of $163.93. The company has a market capitalization of $70.43 billion, a P/E ratio of 27.18, a P/E/G ratio of 2.01 and a beta of 1.11. The company has a 50 day moving average of $122.40 and a 200 day moving average of $128.41.

Airbnb (NASDAQ:ABNB) last announced its quarterly earnings data on Thursday, November 6th. The company reported $2.21 earnings per share 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 net margin of 22.03% and a return on equity of 32.14%. Airbnb’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.13 earnings per share. Airbnb has set its Q4 2025 guidance at EPS. As a group, research analysts anticipate that Airbnb, Inc. will post 4.31 earnings per share for the current fiscal year.

Insider Buying and Selling at Airbnb

In other news, Director Joseph Gebbia sold 236,000 shares of the firm’s stock in a transaction dated Monday, November 10th. The stock was sold at an average price of $120.66, for a total transaction of $28,475,760.00. Following the sale, the director owned 232,015 shares of the company’s stock, valued at approximately $27,994,929.90. This trade represents a 50.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CTO Aristotle N. Balogh sold 600 shares of the business’s stock in a transaction that occurred on Thursday, November 13th. The stock was sold at an average price of $121.38, for a total value of $72,828.00. Following the sale, the chief technology officer owned 194,806 shares of the company’s stock, valued at approximately $23,645,552.28. The trade was a 0.31% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,444,514 shares of company stock worth $178,333,882 over the last ninety days. Corporate insiders own 27.83% of the company’s stock.

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.