Airbnb, Inc. (NASDAQ:ABNB – Get Free Report) insider Nathan Blecharczyk sold 13,615 shares of the stock in a transaction on Monday, October 26th. The stock was sold at an average price of $170.81, for a total transaction of $2,325,578.15. Following the completion of the sale, the insider owned 20,567 shares in the company, valued at approximately $3,513,049.27. This trade represents a 39.83% 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.
Nathan Blecharczyk also recently made the following trade(s):
- On Monday, October 12th, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The stock was sold at an average price of $165.18, for a total transaction of $2,248,925.70.
- On Monday, September 28th, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The stock was sold at an average price of $156.82, for a total transaction of $2,135,104.30.
- On Monday, September 14th, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The shares were sold at an average price of $172.36, for a total transaction of $2,346,681.40.
- 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 value 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 value of $38,560,622.56.
- On Monday, August 24th, Nathan Blecharczyk sold 150,640 shares of Airbnb stock. The stock was 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 shares were sold at an average price of $182.86, for a total value of $2,489,638.90.
Airbnb Stock Down 1.6%
Shares of Airbnb stock opened at $166.04 on Thursday. Airbnb, Inc. has a 1 year low of $110.81 and a 1 year high of $193.45. The business has a 50-day moving average of $171.20 and a two-hundred day moving average of $146.41. The company has a market capitalization of $99.42 billion, a P/E ratio of 37.74, a price-to-earnings-growth ratio of 1.97 and a beta of 1.24. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.41 and a quick ratio of 1.41.
Airbnb (NASDAQ:ABNB – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.11. Airbnb had a return on equity of 33.38% and a net margin of 20.45%. The company had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.58 billion. During the same quarter last year, the firm posted $1.03 earnings per share. Airbnb’s revenue was up 16.3% compared to the same quarter last year. As a group, equities analysts predict that Airbnb, Inc. will post 5.29 EPS for the current year.
More Airbnb News
Here are the key news stories impacting Airbnb this week:
- Positive Sentiment: Airbnb continues to show a stronger revenue profile than some consumer-industry peers, with consistent year-over-year growth over roughly the past eight quarters. Its asset-light marketplace, global reach across more than 220 countries and regions, double-digit revenue growth, and high net margins remain fundamental strengths. Advance Auto Parts vs. Airbnb: Diverging Paths in Revenue Flash a Warning for Investors
- Neutral Sentiment: Recent comparison articles continue to frame Airbnb as a high-margin, capital-light business with a broad global network, but they offer relative-investment analysis rather than new company-specific developments. Airbnb vs. GameStop Airbnb vs. Five Below
- Negative Sentiment: Co-founder Nathan Blecharczyk sold 13,615 shares for approximately $2.33 million, reducing his direct stake by 39.83%. While insider sales do not necessarily signal deteriorating fundamentals, the transaction can weigh on sentiment. SEC insider transaction filing
- Negative Sentiment: A new policy prevents hosts from requiring guests to perform cleaning tasks typically handled by professional cleaners. More than 10,000 hosts have reportedly signed a petition opposing the change, with some considering a booking blackout or higher cleaning fees, creating a risk to listings, pricing, and bookings. Airbnb guests no longer have to wash dishes or strip beds
- Negative Sentiment: Airbnb underperformed the broader market in the latest session, while commentary from Trefis raised concern about the possibility of another decline, reinforcing a cautious near-term outlook. How Big Could Airbnb Stock’s Next Fall Be?
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of the company. Wellington Management Group LLP boosted its position in Airbnb by 80.6% during the 2nd quarter. Wellington Management Group LLP now owns 5,785,665 shares of the company’s stock worth $827,929,000 after acquiring an additional 2,581,539 shares during the last quarter. Amundi grew its stake in shares of Airbnb by 8.6% during the 1st quarter. Amundi now owns 4,686,765 shares of the company’s stock worth $591,845,000 after acquiring an additional 370,426 shares in the last quarter. Assenagon Asset Management S.A. grew its stake in shares of Airbnb by 114.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 3,401,521 shares of the company’s stock worth $546,454,000 after acquiring an additional 1,816,522 shares in the last quarter. Jennison Associates LLC raised its holdings in shares of Airbnb by 9,331.0% in the first quarter. Jennison Associates LLC now owns 3,172,959 shares of the company’s stock valued at $400,681,000 after purchasing an additional 3,139,315 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. raised its holdings in shares of Airbnb by 61.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 2,201,279 shares of the company’s stock valued at $353,635,000 after purchasing an additional 835,208 shares during the last quarter. 80.76% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several brokerages have commented on ABNB. Jefferies Financial Group raised their target price on shares of Airbnb from $175.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Gordon Haskett lifted their price target on shares of Airbnb from $146.00 to $180.00 and gave the company a “hold” rating in a research note on Thursday, September 10th. Wells Fargo & Company reduced their price target on shares of Airbnb from $186.00 to $185.00 and set an “overweight” rating for the company in a report on Wednesday, October 7th. Morgan Stanley assumed coverage on shares of Airbnb in a research report on Wednesday, September 16th. They set an “equal weight” rating and a $170.00 price objective for the company. Finally, Wedbush raised shares of Airbnb from a “neutral” rating to an “outperform” rating and increased their price objective for the stock from $152.00 to $200.00 in a research report on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Airbnb presently has an average rating of “Moderate Buy” and an average target price of $182.43.
Get Our Latest Stock Analysis on ABNB
Airbnb Company Profile
Airbnb, Inc operates a global online marketplace that connects guests seeking accommodations and travel activities with hosts and service providers. Its platform enables users to search for, book and review a broad range of stays, including private rooms, entire homes, apartments and other distinctive properties.
In addition to lodging, Airbnb offers experiences and activities hosted by local individuals and businesses. The company also provides tools and services that help hosts create listings, manage bookings, communicate with guests and receive payments.
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