Legal & General Group Plc Grows Position in Airbnb, Inc. $ABNB

Legal & General Group Plc raised its stake in shares of Airbnb, Inc. (NASDAQ:ABNB) by 3.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 2,664,350 shares of the company’s stock after purchasing an additional 79,669 shares during the period. Legal & General Group Plc owned 0.43% of Airbnb worth $323,505,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Vanguard Group Inc. grew its stake in shares of Airbnb by 1.7% during the 3rd quarter. Vanguard Group Inc. now owns 38,295,288 shares of the company’s stock valued at $4,649,814,000 after acquiring an additional 649,323 shares during the period. Harris Associates L P raised its stake in Airbnb by 43.2% during the 2nd quarter. Harris Associates L P now owns 14,237,331 shares of the company’s stock worth $1,884,168,000 after acquiring an additional 4,292,383 shares during the period. Geode Capital Management LLC lifted its holdings in Airbnb by 1.5% during the second quarter. Geode Capital Management LLC now owns 9,942,423 shares of the company’s stock valued at $1,314,057,000 after purchasing an additional 145,788 shares in the last quarter. Norges Bank purchased a new position in Airbnb during the second quarter valued at approximately $483,644,000. Finally, Akre Capital Management LLC boosted its position in shares of Airbnb by 19.0% in the second quarter. Akre Capital Management LLC now owns 3,473,243 shares of the company’s stock worth $459,649,000 after purchasing an additional 555,510 shares during the period. Hedge funds and other institutional investors own 80.76% of the company’s stock.

Airbnb Stock Performance

ABNB stock opened at $133.39 on Thursday. The company’s fifty day moving average price is $130.37 and its 200-day moving average price is $126.69. Airbnb, Inc. has a one year low of $99.88 and a one year high of $143.88. The company has a market capitalization of $81.20 billion, a PE ratio of 33.02, a price-to-earnings-growth ratio of 1.62 and a beta of 1.12.

Airbnb (NASDAQ:ABNB) last posted its earnings results on Thursday, February 12th. The company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.66 by ($0.10). The company had revenue of $2.78 billion for the quarter, compared to analysts’ expectations of $2.71 billion. Airbnb had a net margin of 20.51% and a return on equity of 30.88%. The business’s revenue was up 12.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.73 earnings per share. On average, research analysts predict that Airbnb, Inc. will post 4.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ABNB has been the subject of a number of analyst reports. Citizens Jmp raised 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 note on Wednesday, February 4th. Sanford C. Bernstein dropped their target price on shares of Airbnb from $165.00 to $162.00 and set an “outperform” rating for the company in a report on Tuesday, January 6th. Morgan Stanley set a $120.00 price target on Airbnb in a research note on Friday, February 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Airbnb in a report on Wednesday, January 21st. Finally, Deutsche Bank Aktiengesellschaft upgraded Airbnb from a “hold” rating to a “buy” rating and set a $154.00 price objective on the stock in a research report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, sixteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Airbnb currently has an average rating of “Hold” and a consensus price target of $149.42.

Insider Activity

In other news, CTO Aristotle N. Balogh sold 15,263 shares of Airbnb stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $135.00, for a total value of $2,060,505.00. Following the sale, the chief technology officer directly owned 165,736 shares of the company’s stock, valued at approximately $22,374,360. The trade was a 8.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Brian Chesky sold 51,230 shares of the business’s 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 completion of the sale, the chief executive officer owned 45,854 shares in the company, valued at $6,014,210.64. This represents a 52.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 507,488 shares of company stock worth $66,320,514 over the last 90 days. 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: Investor sentiment piece highlights Airbnb’s recent market outperformance (stock up ~7.7% over six months vs. S&P 500’s 3.1%), reinforcing momentum and buy‑the‑market interest. 3 Reasons Investors Love Airbnb (ABNB)
• Positive Sentiment: Airbnb named Gus Fuldner (ex‑Uber) as global head of operations to unify support, fraud & safety and the AirCover program into an AI‑driven operations platform — a strategic move that could improve trust, reduce costs, and raise host/guest retention over time. Airbnb Taps Gus Fuldner To Lead AI Driven Operations Overhaul
• Neutral Sentiment: Short‑interest reports show anomalous/zero values and 0.0 days‑to‑cover — the print appears unreliable and provides little actionable insight right now (no clear short‑pressure signal).
• Neutral Sentiment: Comparison pieces (e.g., Uber vs. Airbnb) keep the stock in the retail/institutional debate set but don’t provide firm directional catalyst; useful for relative valuation discussions. Better Stock to Buy Right Now: Uber vs. Airbnb
• Neutral Sentiment: Skyflow press release in the feed is unrelated to Airbnb’s business and unlikely to affect ABNB’s near‑term price action. Skyflow Announces New Advisory Board Members Ahead of RSA Conference
• Negative Sentiment: Director Joseph Gebbia sold 58,000 shares at an average ~$131.27 (≈$7.6M), cutting his stake by ~16.9% — insider selling can trigger investor concern about timing or conviction, even if sales are for diversification. Joseph Gebbia Insider Sale
• Negative Sentiment: A Yahoo deep‑dive asks whether to reassess Airbnb after a five‑year share‑price slide (‑33.8% over 5 years), highlighting ongoing risks from regulation, competition and variable travel demand — a reminder of longer‑term execution and macro risks. Is It Time To Reassess Airbnb (ABNB) After Five Year Share Price Slide?

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.