denkapparat Operations GmbH Purchases New Shares in Airbnb, Inc. $ABNB

denkapparat Operations GmbH acquired a new position in Airbnb, Inc. (NASDAQ:ABNB) during the second quarter, HoldingsChannel reports. The fund acquired 2,540 shares of the company’s stock, valued at approximately $336,000.

Several other large investors also recently made changes to their positions in ABNB. Vanguard Group Inc. increased its stake in shares of Airbnb by 1.6% in the first quarter. Vanguard Group Inc. now owns 37,462,629 shares of the company’s stock valued at $4,475,286,000 after buying an additional 604,120 shares in the last quarter. Harris Associates L P increased its position in Airbnb by 86.0% in the 1st quarter. Harris Associates L P now owns 9,944,948 shares of the company’s stock valued at $1,188,024,000 after acquiring an additional 4,598,125 shares in the last quarter. Northern Trust Corp increased its position in Airbnb by 2.5% in the 1st quarter. Northern Trust Corp now owns 4,402,970 shares of the company’s stock valued at $525,979,000 after acquiring an additional 106,135 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Airbnb by 81.0% during the first quarter. AQR Capital Management LLC now owns 4,282,523 shares of the company’s stock worth $500,755,000 after purchasing an additional 1,916,676 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Airbnb by 19.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,157,884 shares of the company’s stock worth $377,241,000 after purchasing an additional 521,752 shares in the last quarter. Institutional investors own 80.76% of the company’s stock.

Analysts Set New Price Targets

ABNB has been the subject of a number of research reports. Wedbush reissued a “neutral” rating and issued a $130.00 price target on shares of Airbnb in a report on Friday, November 7th. Wells Fargo & Company increased their price objective on Airbnb from $110.00 to $111.00 and gave the company an “underweight” rating in a research report on Friday, November 7th. Citizens Jmp raised Airbnb to a “hold” rating in a research note on Monday, August 11th. Truist Financial cut their price target on Airbnb from $106.00 to $104.00 and set a “sell” rating on the stock in a research note on Wednesday, September 3rd. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Airbnb in a research report on Wednesday, October 8th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty have given a Hold rating and five have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $143.31.

Insider Activity at Airbnb

In other Airbnb news, CFO Elinor Mertz sold 7,500 shares of the stock in a transaction on Tuesday, October 28th. The shares were sold at an average price of $130.00, for a total value of $975,000.00. Following the sale, the chief financial officer directly owned 436,570 shares in the company, valued at approximately $56,754,100. This trade represents a 1.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Joseph Gebbia sold 236,000 shares of Airbnb stock in a transaction on Monday, October 27th. The stock was sold at an average price of $128.47, for a total transaction of $30,318,920.00. Following the transaction, the director directly owned 468,015 shares in the company, valued at approximately $60,125,887.05. This represents a 33.52% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,446,760 shares of company stock worth $179,726,429 in the last ninety days. Company insiders own 27.91% of the company’s stock.

Airbnb Stock Down 0.7%

NASDAQ:ABNB opened at $121.69 on Thursday. Airbnb, Inc. has a 12-month low of $99.88 and a 12-month high of $163.93. The stock’s fifty day simple moving average is $123.52 and its 200-day simple moving average is $128.81. The firm has a market capitalization of $75.62 billion, a P/E ratio of 28.90, a P/E/G ratio of 2.16 and a beta of 1.11.

Airbnb (NASDAQ:ABNB) last released its quarterly earnings data on Thursday, November 6th. The company reported $2.21 EPS 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 during the quarter, compared to the consensus estimate of $4.08 billion. During the same quarter in the prior year, the company posted $2.13 EPS. The company’s revenue for the quarter was up 9.9% compared to the same quarter last year. Airbnb has set its Q4 2025 guidance at EPS. As a group, equities research analysts expect that Airbnb, Inc. will post 4.31 earnings per share for the current year.

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.