Illinois Municipal Retirement Fund Grows Stock Holdings in Airbnb, Inc. $ABNB

Illinois Municipal Retirement Fund lifted its position in Airbnb, Inc. (NASDAQ:ABNB) by 13.7% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 78,311 shares of the company’s stock after buying an additional 9,413 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Airbnb were worth $9,509,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Harris Associates L P increased its stake in Airbnb by 43.2% during the second quarter. Harris Associates L P now owns 14,237,331 shares of the company’s stock worth $1,884,168,000 after purchasing an additional 4,292,383 shares during the period. Norges Bank acquired a new position in shares of Airbnb in the second quarter valued at approximately $483,644,000. Amundi increased its stake in Airbnb by 112.3% during the 2nd quarter. Amundi now owns 2,670,251 shares of the company’s stock worth $361,525,000 after buying an additional 1,412,608 shares during the period. Bank of Nova Scotia lifted its holdings in Airbnb by 1,232.7% during the 2nd quarter. Bank of Nova Scotia now owns 956,188 shares of the company’s stock worth $126,542,000 after buying an additional 884,439 shares in the last quarter. Finally, ARK Investment Management LLC boosted its position in Airbnb by 1,008.3% in the 2nd quarter. ARK Investment Management LLC now owns 792,529 shares of the company’s stock valued at $104,883,000 after buying an additional 721,021 shares during the period. Institutional investors and hedge funds own 80.76% of the company’s stock.

Airbnb Stock Performance

ABNB opened at $115.96 on Friday. 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 $71.38 billion, a P/E ratio of 27.54, a PEG ratio of 1.84 and a beta of 1.15. The business’s 50-day simple moving average is $131.31 and its 200-day simple moving average is $126.40.

Airbnb (NASDAQ:ABNB) last announced its quarterly earnings results on Thursday, February 12th. The company reported $0.56 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.10). The business had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.71 billion. Airbnb had a net margin of 22.03% and a return on equity of 32.14%. The business’s revenue for the quarter was up 12.9% compared to the same quarter last year. During the same period last year, the company earned $0.73 earnings per share. As a group, analysts predict that Airbnb, Inc. will post 4.31 earnings per share for the current fiscal year.

Insider Activity

In related news, CEO Brian Chesky sold 51,230 shares of the stock in a transaction on Monday, December 15th. The shares were sold at an average price of $131.16, for a total value of $6,719,326.80. Following the transaction, the chief executive officer directly owned 45,854 shares of the company’s stock, valued at $6,014,210.64. This trade represents a 52.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Joseph Gebbia sold 232,000 shares of the business’s stock in a transaction on Monday, November 24th. The shares were sold at an average price of $114.22, for a total transaction of $26,499,040.00. Following the completion of the sale, the director directly owned 15 shares of the company’s stock, valued at approximately $1,713.30. This trade represents a 99.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 1,027,422 shares of company stock worth $127,060,208. Corporate insiders own 27.91% of the company’s stock.

Trending Headlines about Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Q4 revenue beat — Airbnb reported $2.78B in revenue (above estimates), showing continued top‑line growth that supports the travel rebound thesis. Read More.
• Positive Sentiment: Company guided first‑quarter revenue above Wall Street estimates, citing strength in premium bookings — that upside guidance can help stabilize sentiment if sustained. Read More.
• Neutral Sentiment: Near‑term flow is binary: options/volatility and prediction‑market activity ahead of the print amplified moves but don’t change fundamentals — expect continued short‑term noise. Read More.
• Neutral Sentiment: Reported short‑interest “spikes” appear to be data/reporting anomalies (0/NaN figures) and likely have limited informational value for traders. Read More.
• Negative Sentiment: EPS miss — Airbnb reported $0.56 EPS versus ~$0.66 consensus; rising investment spending inflated expenses and weighed on near‑term profitability. Read More.
• Negative Sentiment: Founder/director Joseph Gebbia sold 58,000 shares in recent filings — sizeable insider selling can sap sentiment ahead of an earnings‑driven re‑rating. Read More.
• Negative Sentiment: Broader market headwinds (confidence hit by the weakest Existing Home Sales in four years) amplified the sell‑off, pressuring cyclicals like travel and lodging platforms. Read More.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on ABNB. Cantor Fitzgerald raised Airbnb from an “underweight” rating to a “neutral” rating and upped their price objective for the stock from $117.00 to $141.00 in a research report on Thursday, January 8th. UBS Group upped their price target on Airbnb from $147.00 to $149.00 and gave the stock a “neutral” rating in a report on Tuesday, February 3rd. Citizens Jmp upgraded Airbnb from a “market perform” rating to an “outperform” rating and set a $160.00 price objective for the company in a research note on Wednesday, February 4th. KeyCorp started coverage on Airbnb in a research report on Thursday, October 23rd. They set a “sector weight” rating for the company. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Airbnb in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, nineteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $148.85.

About Airbnb

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.