Key Points
- Airbnb CTO Aristotle Balogh sold 2,565 shares on Dec. 19 at an average price of $134.79 for $345,736.35, leaving him with 165,086 shares valued at about $22.25M (a 1.53% reduction in his position).
- Airbnb missed quarterly EPS estimates ($2.21 vs. $2.31) despite revenue rising 9.9% year‑over‑year to $4.10B; the stock trades near $136.49 with a market cap of ~$84.0B and a consensus analyst rating of "Hold" (average target $144.48).
- Institutional investors own roughly 80.76% of Airbnb, with several large funds (e.g., Charles Schwab, Acadian, Nomura) recently increasing their stakes.
Airbnb, Inc. (NASDAQ:ABNB - Get Free Report) CTO Aristotle Balogh sold 2,565 shares of the company's stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $134.79, for a total value of $345,736.35. Following the completion of the transaction, the chief technology officer directly owned 165,086 shares of the company's stock, valued at $22,251,941.94. This represents a 1.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Airbnb Price Performance
NASDAQ:ABNB opened at $136.49 on Wednesday. Airbnb, Inc. has a one year low of $99.88 and a one year high of $163.93. The company has a market cap of $84.02 billion, a PE ratio of 32.42, a P/E/G ratio of 2.41 and a beta of 1.11. The firm's 50 day simple moving average is $123.99 and its 200 day simple moving average is $127.46.
Airbnb (NASDAQ:ABNB - Get Free Report) last announced its quarterly earnings results on Thursday, November 6th. The company reported $2.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.31 by ($0.10). The business had revenue of $4.10 billion during the quarter, compared to analyst estimates of $4.08 billion. Airbnb had a net margin of 22.03% and a return on equity of 32.14%. The company's revenue was up 9.9% compared to the same quarter last year. During the same quarter last year, the company posted $2.13 earnings per share. Equities research analysts expect that Airbnb, Inc. will post 4.31 EPS for the current year.
Analyst Ratings Changes
Several research analysts have commented on the company. Wedbush lifted their target price on Airbnb from $130.00 to $135.00 and gave the stock a "neutral" rating in a report on Friday. Wells Fargo & Company raised their price objective on Airbnb from $111.00 to $118.00 and gave the stock an "underweight" rating in a research report on Monday, December 1st. DA Davidson reiterated a "buy" rating and issued a $155.00 target price on shares of Airbnb in a report on Friday, December 5th. Jefferies Financial Group increased their target price on shares of Airbnb from $160.00 to $165.00 and gave the company a "buy" rating in a research report on Friday, December 5th. Finally, Sanford C. Bernstein restated an "outperform" rating and issued a $165.00 price target on shares of Airbnb in a research report on Friday, November 7th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, nineteen have issued a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $144.48.
Read Our Latest Analysis on ABNB
Institutional Trading of Airbnb
Hedge funds have recently modified their holdings of the stock. Charles Schwab Investment Management Inc. increased its stake in Airbnb by 1.1% in the second quarter. Charles Schwab Investment Management Inc. now owns 2,925,689 shares of the company's stock valued at $387,186,000 after purchasing an additional 31,120 shares in the last quarter. Plato Investment Management Ltd grew its stake in shares of Airbnb by 53.1% in the 1st quarter. Plato Investment Management Ltd now owns 18,974 shares of the company's stock valued at $2,291,000 after buying an additional 6,579 shares during the period. Acadian Asset Management LLC increased its position in Airbnb by 52.9% in the 1st quarter. Acadian Asset Management LLC now owns 2,457,837 shares of the company's stock valued at $293,590,000 after buying an additional 850,719 shares in the last quarter. Nomura Asset Management Co. Ltd. boosted its holdings in Airbnb by 5.7% in the second quarter. Nomura Asset Management Co. Ltd. now owns 159,676 shares of the company's stock worth $21,132,000 after acquiring an additional 8,605 shares in the last quarter. Finally, York GP Ltd. acquired a new stake in Airbnb in the second quarter valued at approximately $6,617,000. Institutional investors own 80.76% of the company's stock.
Airbnb Company Profile
(
Get 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.
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