Elo Mutual Pension Insurance Co Has $7.58 Million Position in Airbnb, Inc. $ABNB

Elo Mutual Pension Insurance Co lessened its stake in shares of Airbnb, Inc. (NASDAQ:ABNB) by 6.4% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 57,258 shares of the company’s stock after selling 3,890 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in Airbnb were worth $7,578,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. Harris Associates L P increased its holdings in Airbnb by 86.0% in the 1st quarter. Harris Associates L P now owns 9,944,948 shares of the company’s stock worth $1,188,024,000 after purchasing an additional 4,598,125 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of Airbnb by 81.0% in the first quarter. AQR Capital Management LLC now owns 4,282,523 shares of the company’s stock valued at $500,755,000 after buying an additional 1,916,676 shares during the period. McElhenny Sheffield Capital Management LLC bought a new position in Airbnb in the 2nd quarter valued at approximately $170,189,000. Consulta Ltd acquired a new stake in Airbnb during the 1st quarter worth approximately $149,325,000. Finally, Acadian Asset Management LLC grew its holdings in Airbnb by 52.9% during the 1st quarter. Acadian Asset Management LLC now owns 2,457,837 shares of the company’s stock worth $293,590,000 after acquiring an additional 850,719 shares during the last quarter. Institutional investors and hedge funds own 80.76% of the company’s stock.

Airbnb Stock Up 0.1%

Shares of NASDAQ ABNB opened at $114.41 on Tuesday. The firm’s 50-day moving average price is $122.40 and its 200-day moving average price is $128.41. Airbnb, Inc. has a 52-week low of $99.88 and a 52-week high of $163.93. The company has a market cap of $70.43 billion, a PE ratio of 27.18, a PEG ratio of 2.01 and a beta of 1.11.

Airbnb (NASDAQ:ABNB) last issued 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). Airbnb had a net margin of 22.03% and a return on equity of 32.14%. The company had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.08 billion. During the same quarter last year, the company earned $2.13 EPS. The firm’s revenue for the quarter was up 9.9% on a year-over-year basis. Airbnb has set its Q4 2025 guidance at EPS. As a group, equities research analysts anticipate that Airbnb, Inc. will post 4.31 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. Sanford C. Bernstein restated an “outperform” rating and issued a $165.00 price objective on shares of Airbnb in a report on Friday, November 7th. Zacks Research upgraded Airbnb to a “hold” rating in a report on Tuesday, August 12th. BMO Capital Markets set a $124.00 price target on shares of Airbnb and gave the stock a “market perform” rating in a research report on Thursday, August 7th. JPMorgan Chase & Co. lifted their target price on shares of Airbnb from $120.00 to $130.00 and gave the stock a “neutral” rating in a research note on Thursday, August 7th. Finally, KeyCorp assumed coverage on Airbnb in a report on Thursday, October 23rd. They set a “sector weight” rating for the company. Three research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-one have given a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $143.31.

Insider Transactions at Airbnb

In related news, Director Joseph Gebbia sold 236,000 shares of Airbnb stock in a transaction on Monday, September 29th. The stock was sold at an average price of $123.57, for a total value of $29,162,520.00. Following the completion of the sale, the director owned 940,015 shares of the company’s stock, valued at $116,157,653.55. The trade was a 20.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Elinor Mertz sold 12,184 shares of the stock in a transaction dated Friday, October 24th. The shares were sold at an average price of $127.65, for a total value of $1,555,287.60. Following the completion of the transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,444,514 shares of company stock worth $178,333,882 in the last ninety days. Insiders own 27.83% of the company’s stock.

Airbnb Company 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.