Airbnb, Inc. $ABNB Stock Position Increased by Ieq Capital LLC

Ieq Capital LLC boosted its position in Airbnb, Inc. (NASDAQ:ABNBFree Report) by 21.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 584,238 shares of the company’s stock after purchasing an additional 104,789 shares during the quarter. Ieq Capital LLC’s holdings in Airbnb were worth $79,293,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. ORG Partners LLC lifted its position in 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 purchasing an additional 96 shares during the last quarter. Entrust Financial LLC bought a new stake in Airbnb in the 4th quarter valued at about $27,000. Aster Capital Management DIFC Ltd bought a new stake in Airbnb in the 3rd quarter valued at about $25,000. Aventura Private Wealth LLC bought a new stake in shares of Airbnb during the 4th quarter worth about $29,000. Finally, Sunbelt Securities Inc. raised its position in shares of Airbnb by 397.7% during the 3rd quarter. Sunbelt Securities Inc. now owns 219 shares of the company’s stock worth $27,000 after buying an additional 175 shares in the last quarter. 80.76% of the stock is currently owned by institutional investors.

Trending Headlines about Airbnb

Here are the key news stories impacting Airbnb this week:

  • Positive Sentiment: Motley Fool articles argue Airbnb remains a top growth stock, citing its strong network effect, large base of hosts and travelers, and ongoing product innovation that could support long-term user engagement and revenue growth. Article Title
  • Positive Sentiment: Investor sentiment also looks supported by news that CEO Brian Chesky is launching a new AI venture focused on rethinking user interaction and design, which could signal fresh innovation around the Airbnb ecosystem. Article Title
  • Neutral Sentiment: Airbnb shareholders recently reaffirmed the board, auditor, and executive pay packages at the annual meeting, a routine governance update that does not appear to materially change the investment case. Article Title
  • Negative Sentiment: CEO Brian Chesky disclosed additional share sales, adding to recent insider selling and potentially raising concerns about management confidence or near-term valuation. Article Title
  • Negative Sentiment: Broader regulatory pressure on short-term rentals, such as new rules being discussed in Cape Town, could add to the long-term policy risk facing Airbnb’s business model. Article Title

Wall Street Analyst Weigh In

A number of research firms have commented on ABNB. Cantor Fitzgerald upgraded shares of Airbnb from a “neutral” rating to an “overweight” rating in a research report on Monday, May 4th. Needham & Company LLC began coverage on shares of Airbnb in a research report on Monday, May 4th. They set a “buy” rating on the stock. Argus upgraded shares of Airbnb to a “strong-buy” rating in a research report on Tuesday, February 17th. Citizens Jmp boosted their price target on shares of Airbnb from $160.00 to $170.00 and gave the stock a “market outperform” rating in a research report on Friday, May 8th. Finally, DA Davidson boosted their price target on shares of Airbnb from $150.00 to $162.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $157.76.

Read Our Latest Research Report on ABNB

Airbnb Stock Up 1.1%

ABNB stock opened at $132.28 on Friday. Airbnb, Inc. has a 52 week low of $110.81 and a 52 week high of $147.25. The company has a market capitalization of $79.73 billion, a price-to-earnings ratio of 32.58, a price-to-earnings-growth ratio of 1.40 and a beta of 1.16. The firm’s 50-day moving average is $134.91 and its two-hundred day moving average is $131.25. 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 (NASDAQ:ABNBGet Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.05). The business had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.62 billion. Airbnb had a return on equity of 31.24% and a net margin of 19.90%.The business’s revenue for the quarter was up 17.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.24 EPS. On average, analysts forecast that Airbnb, Inc. will post 4.91 earnings per share for the current fiscal year.

Insider Transactions at Airbnb

In other news, Director Joseph Gebbia sold 265,000 shares of Airbnb stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $135.45, for a total value of $35,894,250.00. Following the transaction, the director owned 3,182,355 shares of the company’s stock, valued at $431,049,984.75. The trade was a 7.69% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Nathan Blecharczyk sold 60,136 shares of Airbnb stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $145.70, for a total transaction of $8,761,815.20. Following the completion of the transaction, the insider directly owned 11,920 shares in the company, valued at $1,736,744. This represents a 83.46% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,677,117 shares of company stock valued at $226,595,468 in the last quarter. Insiders own 27.21% of the company’s stock.

Airbnb Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Airbnb (NASDAQ:ABNB)

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