Portside Wealth Group LLC Sells 12,005 Shares of Airbnb, Inc. $ABNB

Portside Wealth Group LLC trimmed its holdings in shares of Airbnb, Inc. (NASDAQ:ABNB) by 41.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,036 shares of the company’s stock after selling 12,005 shares during the period. Portside Wealth Group LLC’s holdings in Airbnb were worth $2,069,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in ABNB. E Fund Management Hong Kong Co. Ltd. increased its stake in shares of Airbnb by 70.9% during the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 200 shares of the company’s stock worth $26,000 after purchasing an additional 83 shares during the last quarter. Concord Wealth Partners purchased a new stake in Airbnb in the second quarter worth $28,000. Whipplewood Advisors LLC increased its position in Airbnb by 235.3% in the second quarter. Whipplewood Advisors LLC now owns 228 shares of the company’s stock worth $30,000 after buying an additional 160 shares during the last quarter. Root Financial Partners LLC bought a new stake in shares of Airbnb in the third quarter valued at $32,000. Finally, NewSquare Capital LLC lifted its position in shares of Airbnb by 86.4% during the 2nd quarter. NewSquare Capital LLC now owns 287 shares of the company’s stock valued at $38,000 after buying an additional 133 shares during the last quarter. Hedge funds and other institutional investors own 80.76% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on ABNB shares. Jefferies Financial Group boosted their price objective on Airbnb from $160.00 to $165.00 and gave the company a “buy” rating in a research note on Friday, December 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Airbnb in a research report on Wednesday, January 21st. Morgan Stanley raised their price objective on shares of Airbnb from $120.00 to $130.00 and gave the stock an “underweight” rating in a report on Tuesday, January 13th. Mizuho set a $156.00 target price on shares of Airbnb in a report on Friday, November 7th. Finally, Citigroup raised Airbnb from a “neutral” rating to an “outperform” rating in a report on Wednesday. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, nineteen have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $149.04.

Airbnb Stock Up 2.1%

NASDAQ:ABNB opened at $124.61 on Thursday. The stock has a market cap of $76.70 billion, a P/E ratio of 29.60, a PEG ratio of 1.89 and a beta of 1.15. The business’s 50-day moving average price is $131.13 and its two-hundred day moving average price is $127.14. Airbnb, Inc. has a twelve month low of $99.88 and a twelve month high of $163.93.

Airbnb (NASDAQ:ABNB) last issued its quarterly earnings data on Thursday, November 6th. The company reported $2.21 EPS for the quarter, missing the consensus estimate of $2.31 by ($0.10). The business had revenue of $4.10 billion for the quarter, compared to analysts’ expectations of $4.08 billion. Airbnb had a return on equity of 32.14% and a net margin of 22.03%.The firm’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.13 EPS. On average, equities research analysts expect that Airbnb, Inc. will post 4.31 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Joseph Gebbia sold 236,000 shares of the stock in a transaction on Monday, November 10th. The stock was sold at an average price of $120.66, for a total value of $28,475,760.00. Following the transaction, the director owned 232,015 shares of the company’s stock, valued at $27,994,929.90. This represents a 50.43% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Brian Chesky sold 51,230 shares of Airbnb stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $131.16, for a total value of $6,719,326.80. Following the sale, the chief executive officer directly owned 45,854 shares of the company’s stock, valued at approximately $6,014,210.64. This trade represents a 52.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 1,206,022 shares of company stock worth $148,582,096. Corporate insiders own 27.91% of the company’s stock.

Airbnb News Roundup

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Analyst upgrade — Citizens Jmp upgraded Airbnb to “outperform” and set a $160 price target, signaling upside vs. current levels and likely supporting buying interest. Benzinga Upgrade Report
• Positive Sentiment: Weaker U.S. dollar tailwind — coverage highlights that a softer dollar should boost Airbnb’s reported international revenue and margins, which could lift near-term EPS expectations. Weaker Dollar Tailwind
• Neutral Sentiment: Analyst target roundups — multiple outlets published collections of Wall Street price targets; consensus remains moderately optimistic but shows dispersion, keeping the stock sensitive to guidance and macro headlines. Analysts’ Targets
• Neutral Sentiment: Insider sale disclosed — CFO Elinor Mertz sold 3,750 shares at about $130 on Feb. 2; the sale is small relative to total holdings and may be routine diversification rather than a signal. SEC Filing
• Neutral Sentiment: Short-interest data appears flat/ambiguous — recent reporting shows effectively zero short interest (likely a data reporting quirk), so short-selling pressure doesn’t explain recent moves.
• Negative Sentiment: Valuation concerns — a Seeking Alpha piece warns that Airbnb’s hotel expansion is promising but the current valuation leaves little room for execution error, which raises downside risk if growth slows. Seeking Alpha Valuation Note
• Negative Sentiment: Institutional trimming — ARK Invest disclosed trims to its Airbnb position, and such high-profile reductions can pressure sentiment even if part of ETF rebalancing. TipRanks/ARK Trades
• Negative Sentiment: Near-term underperformance flagged — coverage noted the stock underperformed the market on a recent trading day, reflecting sensitivity to earnings cadence and macro headlines. MarketWatch Performance Note

Airbnb Company Profile

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.