Airbnb, Inc. (NASDAQ:ABNB - Get Free Report) insider Nathan Blecharczyk sold 4,260 shares of the company's stock in a transaction on Friday, February 20th. The shares were sold at an average price of $125.29, for a total transaction of $533,735.40. Following the completion of the transaction, the insider owned 49,250 shares of the company's stock, valued at $6,170,532.50. This represents a 7.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Nathan Blecharczyk also recently made the following trade(s):
- On Wednesday, December 3rd, Nathan Blecharczyk sold 39,806 shares of Airbnb stock. The shares were sold at an average price of $120.22, for a total value of $4,785,477.32.
- On Tuesday, December 9th, Nathan Blecharczyk sold 36,370 shares of Airbnb stock. The shares were sold at an average price of $123.24, for a total value of $4,482,238.80.
- On Monday, December 8th, Nathan Blecharczyk sold 141,063 shares of Airbnb stock. The stock was sold at an average price of $121.96, for a total value of $17,204,043.48.
- On Friday, December 5th, Nathan Blecharczyk sold 30,311 shares of Airbnb stock. The stock was sold at an average price of $123.70, for a total value of $3,749,470.70.
- On Friday, December 5th, Nathan Blecharczyk sold 23,761 shares of Airbnb stock. The shares were sold at an average price of $122.70, for a total value of $2,915,474.70.
- On Thursday, December 4th, Nathan Blecharczyk sold 77,527 shares of Airbnb stock. The stock was sold at an average price of $120.52, for a total transaction of $9,343,554.04.
- On Friday, November 28th, Nathan Blecharczyk sold 3,307 shares of Airbnb stock. The shares were sold at an average price of $116.71, for a total transaction of $385,959.97.
Airbnb Price Performance
ABNB stock opened at $125.66 on Wednesday. The company has a market cap of $76.49 billion, a price-to-earnings ratio of 31.10, a price-to-earnings-growth ratio of 1.67 and a beta of 1.15. The company has a fifty day moving average price of $130.79 and a 200 day moving average price of $125.98. Airbnb, Inc. has a 12 month low of $99.88 and a 12 month high of $145.69.
Airbnb (NASDAQ:ABNB - Get Free Report) last posted its quarterly earnings data on Thursday, February 12th. The company reported $0.56 EPS for the quarter, missing analysts' consensus estimates of $0.66 by ($0.10). Airbnb had a net margin of 20.51% and a return on equity of 30.88%. The business had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.71 billion. During the same quarter in the prior year, the firm posted $0.73 earnings per share. The company's revenue for the quarter was up 12.9% compared to the same quarter last year. As a group, analysts anticipate that Airbnb, Inc. will post 4.31 earnings per share for the current year.
Trending Headlines about Airbnb
Here are the key news stories impacting Airbnb this week:
Institutional Investors Weigh In On Airbnb
A number of hedge funds and other institutional investors have recently bought and sold shares of ABNB. SG Trading Solutions LLC purchased a new stake in shares of Airbnb during the 4th quarter worth $238,000. Titan Investment Management LLC purchased a new position in shares of Airbnb in the 4th quarter valued at about $2,666,000. Kera Capital Partners Inc. lifted its stake in shares of Airbnb by 44.6% in the fourth quarter. Kera Capital Partners Inc. now owns 8,511 shares of the company's stock valued at $1,101,000 after purchasing an additional 2,627 shares during the period. Atmos Capital Gestao DE Recursos LTDA. purchased a new stake in Airbnb during the fourth quarter worth about $12,717,000. Finally, Van Diest Capital LLC acquired a new position in Airbnb during the fourth quarter worth about $402,000. Institutional investors and hedge funds own 80.76% of the company's stock.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on the company. Truist Financial lifted their target price on Airbnb from $104.00 to $107.00 and gave the company a "sell" rating in a research note on Thursday, December 4th. Benchmark decreased their price target on Airbnb from $155.00 to $145.00 and set a "buy" rating for the company in a report on Friday, February 13th. BNP Paribas Exane assumed coverage on shares of Airbnb in a research report on Monday, November 24th. They issued a "hold" rating on the stock. Citizens Jmp upgraded shares of Airbnb from a "market perform" rating to an "outperform" rating and set a $160.00 price objective for the company in a research report on Wednesday, February 4th. Finally, Wedbush reaffirmed a "neutral" rating and issued a $130.00 target price on shares of Airbnb in a report on Friday, February 13th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, sixteen have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $148.69.
Get Our Latest Analysis on Airbnb
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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