Airbnb, Inc. (NASDAQ:ABNB – Get Free Report) insider Nathan Blecharczyk sold 13,615 shares of the business’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $172.36, for a total transaction of $2,346,681.40. Following the sale, the insider directly owned 20,567 shares in the company, valued at $3,544,928.12. The trade was a 39.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Nathan Blecharczyk also recently made the following trade(s):
- On Monday, August 31st, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The shares were sold at an average price of $187.27, for a total transaction of $2,549,681.05.
- On Friday, August 28th, Nathan Blecharczyk sold 57,160 shares of Airbnb stock. The shares were sold at an average price of $190.71, for a total transaction of $10,900,983.60.
- On Wednesday, August 26th, Nathan Blecharczyk sold 19,659 shares of Airbnb stock. The stock was sold at an average price of $190.73, for a total transaction of $3,749,561.07.
- On Tuesday, August 25th, Nathan Blecharczyk sold 202,652 shares of Airbnb stock. The stock was sold at an average price of $190.28, for a total transaction of $38,560,622.56.
- On Monday, August 24th, Nathan Blecharczyk sold 150,640 shares of Airbnb stock. The shares were sold at an average price of $190.94, for a total value of $28,763,201.60.
- On Thursday, August 20th, Nathan Blecharczyk sold 2,738 shares of Airbnb stock. The shares were sold at an average price of $184.42, for a total value of $504,941.96.
- On Monday, August 17th, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The stock was sold at an average price of $182.86, for a total value of $2,489,638.90.
- On Friday, August 7th, Nathan Blecharczyk sold 531,000 shares of Airbnb stock. The stock was sold at an average price of $174.41, for a total value of $92,611,710.00.
- On Monday, August 3rd, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The shares were sold at an average price of $151.80, for a total value of $2,066,757.00.
- On Monday, July 20th, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The shares were sold at an average price of $145.43, for a total value of $1,980,029.45.
Airbnb Trading Up 0.2%
Shares of ABNB stock opened at $166.22 on Friday. Airbnb, Inc. has a 1-year low of $110.81 and a 1-year high of $193.45. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.32. The stock has a market cap of $99.53 billion, a price-to-earnings ratio of 37.78, a PEG ratio of 1.90 and a beta of 1.16. The stock has a 50-day moving average of $167.67 and a 200-day moving average of $146.95.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on ABNB shares. Weiss Ratings raised shares of Airbnb from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, August 21st. Benchmark lifted their target price on shares of Airbnb from $160.00 to $180.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. BMO Capital Markets boosted their target price on shares of Airbnb from $146.00 to $165.00 and gave the company a “market perform” rating in a report on Monday, August 10th. CICC Research initiated coverage on shares of Airbnb in a research report on Friday, June 5th. They set an “outperform” rating and a $165.00 price target on the stock. Finally, Royal Bank Of Canada set a $165.00 price target on Airbnb in a report on Monday, August 10th. Three research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $181.74.
Read Our Latest Stock Analysis on ABNB
Institutional Inflows and Outflows
A number of institutional investors have recently modified their holdings of the stock. Geode Capital Management LLC increased its position in Airbnb by 0.5% in the 4th quarter. Geode Capital Management LLC now owns 10,076,465 shares of the company’s stock valued at $1,368,338,000 after buying an additional 47,966 shares in the last quarter. Clearbridge Investments LLC boosted its holdings in Airbnb by 3.7% in the fourth quarter. Clearbridge Investments LLC now owns 6,073,947 shares of the company’s stock worth $824,356,000 after acquiring an additional 216,455 shares in the last quarter. Wellington Management Group LLP grew its stake in Airbnb by 80.6% in the second quarter. Wellington Management Group LLP now owns 5,785,665 shares of the company’s stock valued at $827,929,000 after acquiring an additional 2,581,539 shares during the period. Independent Franchise Partners LLP grew its stake in Airbnb by 23.6% in the fourth quarter. Independent Franchise Partners LLP now owns 5,146,272 shares of the company’s stock valued at $698,452,000 after acquiring an additional 981,624 shares during the period. Finally, Amundi grew its stake in Airbnb by 8.6% in the first quarter. Amundi now owns 4,686,765 shares of the company’s stock valued at $591,845,000 after acquiring an additional 370,426 shares during the period. Institutional investors and hedge funds own 80.76% of the company’s stock.
Airbnb News Roundup
Here are the key news stories impacting Airbnb this week:
- Positive Sentiment: Citizens JMP raised its price target from $190 to $200 and reiterated a “Market Outperform” rating. The new target implies approximately 20% upside from recent levels, reinforcing the bullish analyst outlook.
- Positive Sentiment: TD Cowen upgraded Airbnb to “Strong Buy.” The upgrade adds to a generally favorable consensus, which remains “Moderate Buy,” with an average price target of about $181.42.
- Positive Sentiment: Airbnb’s latest quarterly results showed solid operating momentum: earnings per share came in at $1.37 versus the $1.26 estimate, while revenue reached $3.61 billion, up 16.3% year over year and above expectations. The company also reported a 20.45% net margin and 33.38% return on equity. Airbnb Q2 earnings performance
- Neutral Sentiment: Morgan Stanley initiated coverage with a $170 price target, indicating limited near-term upside from recent trading levels. The target contrasts with the more optimistic $200 forecasts and highlights differing views on Airbnb’s valuation and growth prospects. Morgan Stanley Airbnb coverage
- Negative Sentiment: Insider selling could weigh on sentiment. Co-founder Nathan Blecharczyk sold 13,615 shares for approximately $2.35 million, reducing his direct ownership by 39.8%, while Chief Accounting Officer David Bernstein sold 1,489 shares worth about $251,537. Although the transactions may reflect personal diversification or scheduled sales, repeated insider selling can raise caution among investors. Airbnb insider selling report
Airbnb Company Profile
Airbnb, Inc operates a global online marketplace that connects guests seeking accommodations and travel activities with hosts and other service providers. Through its platform and mobile applications, users can search for, book and review a broad range of lodging options, including private homes, apartments, rooms and other distinctive properties.
The company also offers Airbnb Experiences, which enables guests to discover and book activities hosted by local experts. In addition, Airbnb has expanded into related travel services, including services designed to support hosts and help them manage listings, reservations and guest relationships.
Founded in 2008 by Brian Chesky, Joe Gebbia and Nathan Blecharczyk, Airbnb serves travelers and hosts across a broad international market, with listings and activities available in destinations around the world.
See Also
- Five stocks we like better than Airbnb
- J.B. Hunt’s Stock Plunges After Market Misprices Profit Warning
- 2 Stocks Breaking Out Post-FOMC With One Thing in Common
- Lennar’s Q3 Miss Hides a Stronger Operating Story Beneath the Housing Slump
- These 3 Stocks Are Drawing Insider Buyers for Very Different Reasons
Receive News & Ratings for Airbnb Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Airbnb and related companies with MarketBeat.com's FREE daily email newsletter.
