Airbnb, Inc. (NASDAQ:ABNB - Get Free Report) insider Nathan Blecharczyk sold 13,615 shares of Airbnb stock in a transaction on Monday, October 26th. The shares were 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 $3,513,049.27. The trade was a 39.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.
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 stock was 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 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 shares were 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 shares were 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 stock was 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 Performance
Shares of NASDAQ ABNB opened at $166.04 on Thursday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.41 and a current ratio of 1.41. The stock has a 50 day moving average price of $171.20 and a 200 day moving average price of $146.41. The stock has a market capitalization of $99.42 billion, a PE ratio of 37.74, a price-to-earnings-growth ratio of 1.97 and a beta of 1.24. Airbnb, Inc. has a 52 week low of $110.81 and a 52 week high of $193.45.
Airbnb (NASDAQ:ABNB - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.26 by $0.11. The firm had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.58 billion. Airbnb had a return on equity of 33.38% and a net margin of 20.45%. The business's quarterly revenue was up 16.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.03 EPS. Analysts predict that Airbnb, Inc. will post 5.29 earnings per share for the current fiscal year.
Key Stories Impacting Airbnb
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 Trading of Airbnb
A number of hedge funds have recently made changes to their positions in ABNB. Wedmont Private Capital increased its holdings in shares of Airbnb by 1.7% during the 2nd quarter. Wedmont Private Capital now owns 4,517 shares of the company's stock worth $671,000 after acquiring an additional 75 shares during the last quarter. Commerzbank Aktiengesellschaft FI raised its stake in Airbnb by 1.3% in the 1st quarter. Commerzbank Aktiengesellschaft FI now owns 5,754 shares of the company's stock valued at $727,000 after acquiring an additional 76 shares during the period. Parkside Financial Bank & Trust lifted its holdings in Airbnb by 11.4% during the 2nd quarter. Parkside Financial Bank & Trust now owns 800 shares of the company's stock valued at $114,000 after purchasing an additional 82 shares during the last quarter. Fermata Advisors LLC lifted its holdings in Airbnb by 5.7% during the 3rd quarter. Fermata Advisors LLC now owns 1,645 shares of the company's stock valued at $264,000 after purchasing an additional 88 shares during the last quarter. Finally, Norman Fields Gottscho Capital Management LLC lifted its holdings in Airbnb by 3.0% during the 2nd quarter. Norman Fields Gottscho Capital Management LLC now owns 3,085 shares of the company's stock valued at $441,000 after purchasing an additional 90 shares during the last quarter. 80.76% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
ABNB has been the subject of several analyst reports. UBS Group raised their target price on shares of Airbnb from $163.00 to $172.00 and gave the company a "neutral" rating in a research note on Friday, August 7th. DA Davidson upped their price target on shares of Airbnb from $175.00 to $220.00 and gave the stock a "buy" rating in a research report on Monday, August 31st. Jefferies Financial Group lifted their price objective on shares of Airbnb from $175.00 to $215.00 and gave the company a "buy" rating in a research report on Thursday, August 13th. FBN Securities began coverage on shares of Airbnb in a research report on Friday, October 2nd. They issued an "outperform" rating for the company. Finally, HSBC boosted their price objective on shares of Airbnb from $162.00 to $177.00 and gave the stock a "buy" rating in a research note on Friday, August 7th. Two research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $182.43.
Read Our Latest Report on Airbnb
Airbnb Company Profile
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
