Airbnb, Inc. (NASDAQ:ABNB – Get Free Report) insider Nathan Blecharczyk sold 13,625 shares of the business’s stock in a transaction on Monday, November 9th. The shares were sold at an average price of $194.37, for a total transaction of $2,648,291.25. Following the sale, the insider directly owned 20,567 shares in the company, valued at approximately $3,997,607.79. This trade represents a 39.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Nathan Blecharczyk also recently made the following trade(s):
- On Friday, November 6th, Nathan Blecharczyk sold 100,889 shares of Airbnb stock. The shares were sold at an average price of $190.83, for a total value of $19,252,647.87.
- On Monday, October 26th, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The shares were sold at an average price of $170.81, for a total value of $2,325,578.15.
- 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 value of $2,248,925.70.
- On Monday, September 28th, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The shares were sold at an average price of $156.82, for a total value 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 value 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 value 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 value 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.
Airbnb Trading Down 1.8%
NASDAQ:ABNB opened at $186.90 on Wednesday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.73 and a quick ratio of 1.73. Airbnb, Inc. has a fifty-two week low of $110.81 and a fifty-two week high of $197.87. The stock’s 50-day moving average is $169.16 and its two-hundred day moving average is $148.26. The stock has a market cap of $111.91 billion, a PE ratio of 34.93, a price-to-earnings-growth ratio of 2.03 and a beta of 1.26.
Airbnb (NASDAQ:ABNB – Get Free Report) last issued its earnings results on Thursday, November 5th. The company reported $3.16 earnings per share for the quarter, beating analysts’ consensus estimates of $2.85 by $0.31. The company had revenue of $4.87 billion for the quarter, compared to the consensus estimate of $4.75 billion. Airbnb had a return on equity of 38.94% and a net margin of 23.02%. The firm’s quarterly revenue was up 18.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.21 EPS. As a group, equities research analysts forecast that Airbnb, Inc. will post 5.47 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several research firms have weighed in on ABNB. Bank of America upped their price objective on shares of Airbnb from $160.00 to $175.00 in a research note on Friday, August 7th. Rothschild Redburn upgraded shares of Airbnb from a “sell” rating to a “neutral” rating and increased their target price for the stock from $135.00 to $190.00 in a research report on Monday. DA Davidson lifted their target price on shares of Airbnb from $175.00 to $220.00 and gave the company a “buy” rating in a research note on Monday, August 31st. Barclays boosted their price target on shares of Airbnb from $150.00 to $195.00 and gave the company an “equal weight” rating in a report on Friday, November 6th. Finally, Oppenheimer upped their price target on shares of Airbnb from $210.00 to $230.00 and gave the stock an “outperform” rating in a research note on Friday, November 6th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Airbnb has a consensus rating of “Moderate Buy” and a consensus target price of $195.46.
View Our Latest Stock Report on ABNB
Key Stories Impacting Airbnb
Here are the key news stories impacting Airbnb this week:
- Positive Sentiment: Airbnb reported third-quarter earnings and revenue above analyst expectations, with revenue up 18.9% year over year, and authorized a $12 billion share repurchase program. The results and buyback helped lift shares previously. Why Airbnb stock is up today
- Positive Sentiment: CEO Brian Chesky said AI-assistant improvements reduced customer-support cost per booking by 17% year over year, pointing to potential efficiency gains and margin support. Airbnb reduces customer support cost per booking
- Positive Sentiment: Rothschild Redburn upgraded Airbnb from “sell” to “neutral” and raised its price target from $135 to $190, acknowledging its prior cautious view had been wrong over the past year. Redburn revises its Airbnb stance
- Neutral Sentiment: Airbnb and other platforms report very little use of third-party AI agents to book travel or handle errands so far. That suggests limited near-term disruption, but also indicates AI-agent bookings are not yet a meaningful growth driver. AI agents see little use on travel platforms
- Negative Sentiment: Travel stocks, including Airbnb, came under pressure after reports that OpenAI acquired AI travel-planning platform Odessia. Investors may worry that AI companies could become stronger competitors in travel discovery and bookings. Travel stocks fall on OpenAI acquisition report
Institutional Investors Weigh In On Airbnb
Several large investors have recently made changes to their positions in the company. Pathway Financial Advisers LLC bought a new stake in Airbnb in the third quarter worth approximately $32,000. Putney Financial Group LLC acquired a new position in shares of Airbnb during the 3rd quarter worth $32,000. First Command Advisory Services Inc. increased its stake in shares of Airbnb by 627.6% during the 3rd quarter. First Command Advisory Services Inc. now owns 211 shares of the company’s stock worth $34,000 after purchasing an additional 182 shares during the last quarter. Meeder Asset Management Inc. raised its holdings in shares of Airbnb by 96.3% during the 1st quarter. Meeder Asset Management Inc. now owns 214 shares of the company’s stock valued at $27,000 after purchasing an additional 105 shares in the last quarter. Finally, Compass Financial Management LLC raised its holdings in shares of Airbnb by 760.0% during the 3rd quarter. Compass Financial Management LLC now owns 215 shares of the company’s stock valued at $35,000 after purchasing an additional 190 shares in the last quarter. Institutional investors own 80.76% of the company’s stock.
About Airbnb
Airbnb operates an online marketplace that connects travelers with hosts offering short-term stays and other travel-related services. Listings include apartments, houses, rooms and distinctive accommodations, with options ranging from brief visits to longer stays. The platform also offers bookable experiences in destinations around the world. Founded in 2007 in San Francisco, Airbnb was started by Brian Chesky, Nathan Blecharczyk and Joe Gebbia. The company serves guests and hosts in more than 220 countries and regions, providing tools for listing properties, managing reservations and handling payments.
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