Airbnb, Inc. $ABNB Shares Purchased by Natixis Advisors LLC

Natixis Advisors LLC lifted its holdings in Airbnb, Inc. (NASDAQ:ABNB) by 6.6% in the fourth quarter, Holdings Channel reports. The firm owned 130,744 shares of the company’s stock after buying an additional 8,120 shares during the period. Natixis Advisors LLC’s holdings in Airbnb were worth $17,745,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in ABNB. Sumitomo Life Insurance Co. grew its position in Airbnb by 15.0% during the third quarter. Sumitomo Life Insurance Co. now owns 66,071 shares of the company’s stock worth $8,022,000 after buying an additional 8,636 shares in the last quarter. Merit Financial Group LLC grew its position in Airbnb by 72.1% during the fourth quarter. Merit Financial Group LLC now owns 32,994 shares of the company’s stock worth $4,478,000 after buying an additional 13,818 shares in the last quarter. Bessemer Group Inc. grew its position in Airbnb by 74.9% during the third quarter. Bessemer Group Inc. now owns 21,673 shares of the company’s stock worth $2,631,000 after buying an additional 9,284 shares in the last quarter. Madison Asset Management LLC grew its position in Airbnb by 55.0% during the third quarter. Madison Asset Management LLC now owns 401,679 shares of the company’s stock worth $48,772,000 after buying an additional 142,583 shares in the last quarter. Finally, ARK Investment Management LLC grew its position in Airbnb by 30.7% during the third quarter. ARK Investment Management LLC now owns 1,035,828 shares of the company’s stock worth $125,770,000 after buying an additional 243,299 shares in the last quarter. Institutional investors and hedge funds own 80.76% of the company’s stock.

Insider Activity

In other news, CEO Brian Chesky sold 265,746 shares of Airbnb stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $132.22, for a total value of $35,136,936.12. Following the completion of the transaction, the chief executive officer owned 11,206,389 shares in the company, valued at approximately $1,481,708,753.58. The trade was a 2.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Nathan Blecharczyk sold 60,136 shares of Airbnb stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $145.70, for a total transaction of $8,761,815.20. Following the completion of the transaction, the insider owned 11,920 shares of the company’s stock, valued at $1,736,744. This trade represents a 83.46% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 1,612,370 shares of company stock worth $217,546,338. Insiders own 27.21% of the company’s stock.

Airbnb News Summary

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Jefferies said Airbnb’s expansion into hotels, experiences, and higher take rates could add about $1.8 billion in revenue by 2030, and reiterated a Buy rating, reinforcing the bullish case for multi-year growth. Airbnb hotels and experiences push could add $1.8B to 2030 revenue, Jefferies estimates
• Positive Sentiment: Broker sentiment remains broadly supportive, with Airbnb carrying a consensus “Moderate Buy” rating and several firms raising price targets, suggesting Wall Street still sees upside from current levels. Airbnb stock report and analyst ratings
• Neutral Sentiment: Market commentary is questioning whether Airbnb’s valuation already reflects most of the upside after a flat share-price performance and recent regulatory headlines, which may keep investors cautious near term. Is It Time To Reconsider Airbnb (ABNB) After Flat Returns And Regulatory Headlines?
• Neutral Sentiment: CEO Brian Chesky’s reported move to build a separate AI venture is strategically interesting, but it is not directly tied to Airbnb’s core travel business and has an uncertain near-term financial impact. Airbnb CEO Brian Chesky Plans to Start a New AI Company
• Negative Sentiment: Insider selling is the clearest near-term negative: Director Joseph Gebbia sold 265,000 shares and CFO Elinor Mertz sold 7,433 shares, while Brian Chesky also sold shares, which can raise concerns about management’s confidence in short-term upside. SEC filing for Joseph Gebbia sale SEC filing for Elinor Mertz sale SEC filing for Brian Chesky sales

Airbnb Stock Down 0.1%

Shares of ABNB opened at $133.54 on Friday. The stock has a market cap of $80.49 billion, a price-to-earnings ratio of 32.89, a P/E/G ratio of 1.43 and a beta of 1.16. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.32. Airbnb, Inc. has a 12 month low of $110.81 and a 12 month high of $147.25. The company has a 50-day moving average price of $134.32 and a two-hundred day moving average price of $130.65.

Airbnb (NASDAQ:ABNB) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.05). The business had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.62 billion. Airbnb had a return on equity of 31.24% and a net margin of 19.90%.The firm’s revenue for the quarter was up 17.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.24 EPS. Equities analysts predict that Airbnb, Inc. will post 4.91 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Benchmark lifted their target price on Airbnb from $145.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, May 8th. Needham & Company LLC initiated coverage on Airbnb in a research report on Monday, May 4th. They set a “buy” rating on the stock. Scotiabank initiated coverage on shares of Airbnb in a research note on Monday, May 4th. They set an “outperform” rating for the company. UBS Group raised their price target on shares of Airbnb from $153.00 to $157.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Finally, JPMorgan Chase & Co. raised their price target on shares of Airbnb from $130.00 to $140.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $157.76.

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.