Daiwa Securities Group Inc. raised its holdings in Airbnb, Inc. (NASDAQ:ABNB – Free Report) by 5.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 182,272 shares of the company’s stock after purchasing an additional 8,736 shares during the period. Daiwa Securities Group Inc.’s holdings in Airbnb were worth $24,738,000 as of its most recent SEC filing.
Other institutional investors have also made changes to their positions in the company. ORG Partners LLC increased its holdings in shares of Airbnb by 97.0% in the 4th quarter. ORG Partners LLC now owns 195 shares of the company’s stock valued at $26,000 after acquiring an additional 96 shares during the last quarter. Entrust Financial LLC acquired a new stake in shares of Airbnb in the fourth quarter valued at $27,000. Aster Capital Management DIFC Ltd acquired a new stake in shares of Airbnb in the third quarter valued at $25,000. Aventura Private Wealth LLC acquired a new stake in shares of Airbnb in the fourth quarter valued at $29,000. Finally, Sunbelt Securities Inc. lifted its holdings in shares of Airbnb by 397.7% in the third quarter. Sunbelt Securities Inc. now owns 219 shares of the company’s stock valued at $27,000 after buying an additional 175 shares during the period. 80.76% of the stock is currently owned by institutional investors.
More Airbnb News
Here are the key news stories impacting Airbnb this week:
- Positive Sentiment: Jefferies said Airbnb’s expansion into hotels, experiences, and higher take rates could add about $1.8 billion in revenue by 2030, and reiterated a Buy rating, reinforcing the bullish case for multi-year growth. Airbnb hotels and experiences push could add $1.8B to 2030 revenue, Jefferies estimates
- Positive Sentiment: Broker sentiment remains broadly supportive, with Airbnb carrying a consensus “Moderate Buy” rating and several firms raising price targets, suggesting Wall Street still sees upside from current levels. Airbnb stock report and analyst ratings
- Neutral Sentiment: Market commentary is questioning whether Airbnb’s valuation already reflects most of the upside after a flat share-price performance and recent regulatory headlines, which may keep investors cautious near term. Is It Time To Reconsider Airbnb (ABNB) After Flat Returns And Regulatory Headlines?
- Neutral Sentiment: CEO Brian Chesky’s reported move to build a separate AI venture is strategically interesting, but it is not directly tied to Airbnb’s core travel business and has an uncertain near-term financial impact. Airbnb CEO Brian Chesky Plans to Start a New AI Company
- Negative Sentiment: Insider selling is the clearest near-term negative: Director Joseph Gebbia sold 265,000 shares and CFO Elinor Mertz sold 7,433 shares, while Brian Chesky also sold shares, which can raise concerns about management’s confidence in short-term upside. SEC filing for Joseph Gebbia sale SEC filing for Elinor Mertz sale SEC filing for Brian Chesky sales
Analysts Set New Price Targets
Read Our Latest Stock Analysis on ABNB
Insider Transactions at Airbnb
In other news, CEO Brian Chesky sold 265,746 shares of the stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $132.22, for a total value of $35,136,936.12. Following the completion of the transaction, the chief executive officer directly owned 11,206,389 shares of the company’s stock, valued at approximately $1,481,708,753.58. This represents a 2.32% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Joseph Gebbia sold 265,000 shares of the stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $135.45, for a total value of $35,894,250.00. Following the completion of the transaction, the director directly owned 3,182,355 shares of the company’s stock, valued at approximately $431,049,984.75. The trade was a 7.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 1,612,370 shares of company stock valued at $217,546,338. Corporate insiders own 27.21% of the company’s stock.
Airbnb Price Performance
Shares of ABNB stock opened at $133.54 on Friday. The stock has a 50 day moving average of $134.32 and a two-hundred day moving average of $130.65. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.32. Airbnb, Inc. has a 12 month low of $110.81 and a 12 month high of $147.25. The company has a market capitalization of $80.49 billion, a P/E ratio of 32.89, a P/E/G ratio of 1.43 and a beta of 1.16.
Airbnb (NASDAQ:ABNB – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.05). Airbnb had a return on equity of 31.24% and a net margin of 19.90%.The firm had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.62 billion. During the same quarter in the prior year, the business posted $0.24 EPS. Airbnb’s revenue was up 17.9% compared to the same quarter last year. As a group, equities analysts expect that Airbnb, Inc. will post 4.91 EPS for the current year.
Airbnb Company Profile
Airbnb, Inc (NASDAQ: ABNB) operates a global online marketplace that connects travelers with hosts offering short-term lodging, unique accommodations and related travel experiences. The company’s core platform enables individuals and professional property managers to list private homes, apartments, single rooms and entire properties, while providing search, booking and payment processing for guests. Airbnb earns revenue primarily through service fees charged to guests and hosts and offers tools to facilitate reservations, communications, and logistics between parties.
Beyond accommodations, Airbnb has expanded its product portfolio to include curated experiences led by local hosts, higher-end offerings such as Airbnb Luxe, and programs aimed at enhancing quality and safety like Airbnb Plus.
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