Eurizon Capital SGR S.p.A. Invests $19.30 Million in Airbnb, Inc. $ABNB

Eurizon Capital SGR S.p.A. purchased a new position in Airbnb, Inc. (NASDAQ:ABNBFree Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 141,455 shares of the company’s stock, valued at approximately $19,301,000.

Several other hedge funds have also recently modified their holdings of the business. ORG Partners LLC lifted its position in Airbnb by 97.0% during the fourth 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 purchased a new stake in Airbnb during the fourth quarter valued at approximately $27,000. Aster Capital Management DIFC Ltd purchased a new stake in Airbnb during the third quarter valued at approximately $25,000. Aventura Private Wealth LLC purchased a new stake in Airbnb during the fourth quarter valued at approximately $29,000. Finally, Sunbelt Securities Inc. lifted its position in Airbnb by 397.7% during the third quarter. Sunbelt Securities Inc. now owns 219 shares of the company’s stock valued at $27,000 after acquiring an additional 175 shares during the last quarter. Hedge funds and other institutional investors own 80.76% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ABNB. Wedbush raised shares of Airbnb from a “neutral” rating to a “neutral” rating in a research report on Monday, May 4th. Susquehanna increased their target price on shares of Airbnb from $150.00 to $170.00 and gave the company a “positive” rating in a research report on Friday, May 8th. DA Davidson increased their target price on shares of Airbnb from $150.00 to $162.00 and gave the company a “buy” rating in a research report on Monday, May 11th. Truist Financial raised shares of Airbnb from a “sell” rating to a “hold” rating and increased their target price for the company from $107.00 to $129.00 in a research report on Thursday, March 26th. Finally, HC Wainwright raised shares of Airbnb to a “buy” rating in a research report on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $157.67.

Get Our Latest Stock Analysis on Airbnb

Insider Buying and Selling at Airbnb

In other Airbnb news, insider Nathan Blecharczyk sold 60,136 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $145.70, for a total transaction of $8,761,815.20. Following the transaction, the insider owned 11,920 shares in the company, valued at approximately $1,736,744. This represents a 83.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Brian Chesky sold 265,746 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $132.22, for a total transaction of $35,136,936.12. Following the transaction, the chief executive officer owned 11,206,389 shares in the company, valued at $1,481,708,753.58. The trade was a 2.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 972,473 shares of company stock worth $130,966,151. 27.21% of the stock is owned by corporate insiders.

Airbnb News Summary

Here are the key news stories impacting Airbnb this week:

  • Negative Sentiment: CEO Brian Chesky sold 265,746 shares for about $35.1 million, cutting his position by 2.32% and adding to recent selling pressure. SEC filing
  • Negative Sentiment: Chesky also sold 229,550 shares for about $30.6 million, trimming another 1.96% from his stake. SEC filing
  • Negative Sentiment: A separate 20,000-share sale by the CEO further reinforced the pattern of insider selling around current trading levels. SEC filing
  • Negative Sentiment: Director Joseph Gebbia also sold 2,860 shares, adding to the recent stream of insider sales at Airbnb. SEC filing
  • Neutral Sentiment: Airbnb expanded its platform with airport pickups, grocery delivery, luggage storage, and car rentals, which could support long-term engagement but is unlikely to move the stock immediately. Article source
  • Neutral Sentiment: Airbnb is investing in group travel startup WeRoad through a $58 million Series C round, potentially broadening its travel ecosystem, but the near-term financial impact is still uncertain. Article source

Airbnb Trading Down 0.9%

Shares of Airbnb stock opened at $133.31 on Friday. 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 firm has a market capitalization of $80.35 billion, a price-to-earnings ratio of 32.84, a PEG ratio of 1.43 and a beta of 1.20. The firm’s 50 day simple moving average is $133.93 and its two-hundred day simple moving average is $130.20.

Airbnb (NASDAQ:ABNBGet Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.05). Airbnb had a net margin of 19.90% and a return on equity of 31.24%. The company had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.62 billion. During the same quarter in the previous year, the company posted $0.24 EPS. The company’s revenue for the quarter was up 17.9% compared to the same quarter last year. Analysts predict that Airbnb, Inc. will post 4.91 EPS for the current year.

About Airbnb

(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.

See Also

Want to see what other hedge funds are holding ABNB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Airbnb, Inc. (NASDAQ:ABNBFree Report).

Institutional Ownership by Quarter for Airbnb (NASDAQ:ABNB)

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