Harvest Portfolios Group Inc. increased its position in shares of Airbnb, Inc. (NASDAQ:ABNB – Free Report) by 12.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 62,073 shares of the company’s stock after acquiring an additional 6,710 shares during the period. Harvest Portfolios Group Inc.’s holdings in Airbnb were worth $7,537,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of ABNB. Aster Capital Management DIFC Ltd acquired a new stake in Airbnb during the third quarter valued at approximately $25,000. Root Financial Partners LLC acquired a new stake in shares of Airbnb during the 3rd quarter valued at $32,000. NewSquare Capital LLC boosted its stake in shares of Airbnb by 86.4% during the 2nd quarter. NewSquare Capital LLC now owns 287 shares of the company’s stock worth $38,000 after acquiring an additional 133 shares in the last quarter. E Fund Management Hong Kong Co. Ltd. boosted its stake in shares of Airbnb by 55.5% during the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 311 shares of the company’s stock worth $38,000 after acquiring an additional 111 shares in the last quarter. Finally, Golden State Wealth Management LLC grew its holdings in shares of Airbnb by 85.9% in the 2nd quarter. Golden State Wealth Management LLC now owns 370 shares of the company’s stock worth $49,000 after acquiring an additional 171 shares during the last quarter. 80.76% of the stock is currently owned by institutional investors.
More Airbnb News
Here are the key news stories impacting Airbnb this week:
- Positive Sentiment: Large institutional buying: Several big funds (Vanguard, Harris Associates, AQR, Clearbridge) have recently increased stakes in ABNB, signaling confidence from long-term investors. MarketBeat ABNB Report
- Positive Sentiment: Revenue growth and top-line beat: Airbnb’s latest quarter showed revenue up ~12.9% year-over-year and beat consensus, suggesting continued demand resilience in travel. MarketBeat Earnings Coverage
- Positive Sentiment: Sector outperformance / strong growth profile: Coverage notes ABNB has outperformed many consumer-discretionary peers and ranks highly on growth metrics, supporting medium-term upside potential. Barchart: Performance vs Peers
- Neutral Sentiment: New third‑party co‑listing service (10XBNB): A press release touts platforms that let entrepreneurs earn Airbnb income without owning property; likely limited direct impact on Airbnb’s financials near-term. GlobeNewswire: 10XBNB Release
- Neutral Sentiment: Short-interest data appears noisy/invalid this cycle (reported as zero with NaN changes), so do not read meaningful directional pressure from those feeds today.
- Neutral Sentiment: Mixed analyst picture: Several firms have adjusted price targets (some higher) but consensus remains around a “Hold” with an average target near $148 — implies limited uniform conviction among analysts. MarketBeat Analyst Summary
- Negative Sentiment: Insider selling by co‑founder/director Joseph Gebbia: He sold 58,000 shares (multiple recent sales), which can dent sentiment even if pre-scheduled or for diversification. InsiderTrades: Gebbia Sale
- Negative Sentiment: EPS miss: Airbnb reported EPS below consensus ($0.56 vs. $0.66), which often drives short‑term weakness despite the revenue beat. MarketBeat Earnings Coverage
- Negative Sentiment: High-profile fund rebalancing: Coverage notes Cathie Wood trimmed exposure even as Airbnb posts strong revenue — such moves from prominent managers can amplify selling pressure. Benzinga: Cathie Wood Trim
Insider Activity
Airbnb Trading Down 1.4%
Shares of NASDAQ:ABNB opened at $135.11 on Friday. The firm has a market cap of $82.24 billion, a price-to-earnings ratio of 33.44, a P/E/G ratio of 1.85 and a beta of 1.15. Airbnb, Inc. has a 1 year low of $99.88 and a 1 year high of $144.75. The business has a fifty day simple moving average of $130.81 and a 200 day simple moving average of $126.21.
Airbnb (NASDAQ:ABNB – Get Free Report) last posted its quarterly earnings results on Thursday, February 12th. The company reported $0.56 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.10). The firm had revenue of $2.78 billion for the quarter, compared to analysts’ expectations of $2.71 billion. Airbnb had a return on equity of 30.88% and a net margin of 20.51%.The firm’s revenue for the quarter was up 12.9% on a year-over-year basis. During the same period last year, the business earned $0.73 earnings per share. On average, sell-side analysts forecast that Airbnb, Inc. will post 4.31 EPS for the current year.
Analyst Upgrades and Downgrades
ABNB has been the subject of a number of recent analyst reports. TD Cowen increased their price target on Airbnb from $150.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, February 13th. Citigroup raised shares of Airbnb from a “neutral” rating to an “outperform” rating in a research report on Wednesday, February 4th. Truist Financial upped their price target on shares of Airbnb from $104.00 to $107.00 and gave the company a “sell” rating in a research report on Thursday, December 4th. Wedbush reiterated a “neutral” rating and set a $130.00 price objective on shares of Airbnb in a research report on Friday, February 13th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Airbnb in a research note on Wednesday, January 21st. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, sixteen have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, Airbnb has a consensus rating of “Hold” and a consensus price target of $148.69.
Read Our Latest Research Report on ABNB
Airbnb 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.
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