Airbnb (NASDAQ:ABNB) Stock: Insider David Bernstein Sells 1,756 Shares

Airbnb, Inc. (NASDAQ:ABNB) CAO David Bernstein sold 1,756 shares of the company’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $167.38, for a total value of $293,919.28. Following the completion of the sale, the chief accounting officer directly owned 43,899 shares of the company’s stock, valued at approximately $7,347,814.62. This trade represents a 3.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Airbnb Stock Performance

Shares of NASDAQ:ABNB opened at $170.13 on Friday. The company has a market capitalization of $101.87 billion, a price-to-earnings ratio of 38.67, a P/E/G ratio of 2.02 and a beta of 1.26. The firm’s 50 day simple moving average is $168.96 and its 200 day simple moving average is $147.42. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.41 and a quick ratio of 1.41. Airbnb, Inc. has a fifty-two week low of $110.81 and a fifty-two week high of $193.45.

Airbnb (NASDAQ:ABNB) last released its quarterly earnings data on Thursday, November 5th. The company reported $3.16 earnings per share for the quarter, topping the consensus estimate of $2.85 by $0.31. The business had revenue of $4.87 billion for the quarter, compared to analyst estimates of $4.75 billion. Airbnb had a net margin of 20.45% and a return on equity of 33.38%. Airbnb’s quarterly revenue was up 18.9% compared to the same quarter last year. During the same quarter last year, the firm earned $2.21 EPS. As a group, sell-side analysts forecast that Airbnb, Inc. will post 5.29 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have weighed in on ABNB. Weiss Ratings upgraded shares of Airbnb from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Gordon Haskett boosted their price target on shares of Airbnb from $146.00 to $180.00 and gave the company a “hold” rating in a report on Thursday, September 10th. Wedbush raised shares of Airbnb from a “neutral” rating to an “outperform” rating and boosted their price target for the company from $152.00 to $200.00 in a report on Friday, August 7th. B. Riley Financial restated a “buy” rating and issued a $210.00 price objective (up from $180.00) on shares of Airbnb in a research report on Friday, August 7th. Finally, Oppenheimer upped their price objective on shares of Airbnb from $190.00 to $210.00 and gave the company an “outperform” rating in a research report on Tuesday, October 27th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have assigned a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, Airbnb presently has an average rating of “Moderate Buy” and an average target price of $182.65.

Institutional Trading of Airbnb

Large investors have recently bought and sold shares of the business. Carmignac Gestion raised its stake in shares of Airbnb by 40.8% during the 1st quarter. Carmignac Gestion now owns 659,570 shares of the company’s stock worth $83,290,000 after purchasing an additional 191,200 shares in the last quarter. ZWJ Investment Counsel Inc. grew its stake in shares of Airbnb by 16.5% in the third quarter. ZWJ Investment Counsel Inc. now owns 85,116 shares of the company’s stock valued at $13,674,000 after buying an additional 12,025 shares in the last quarter. OMERS ADMINISTRATION Corp grew its stake in shares of Airbnb by 21.7% in the first quarter. OMERS ADMINISTRATION Corp now owns 42,696 shares of the company’s stock valued at $5,392,000 after buying an additional 7,613 shares in the last quarter. Assenagon Asset Management S.A. grew its stake in shares of Airbnb by 114.6% in the third quarter. Assenagon Asset Management S.A. now owns 3,401,521 shares of the company’s stock valued at $546,454,000 after buying an additional 1,816,522 shares in the last quarter. Finally, Plato Investment Management Ltd bought a new position in shares of Airbnb in the second quarter valued at $3,070,000. 80.76% of the stock is owned by institutional investors.

Key Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Q3 results topped expectations: Airbnb reported earnings of $3.16 per share and revenue of $4.87 billion, exceeding analyst estimates. Revenue grew 18.9% year over year, while nights and experiences booked rose 16%, pointing to resilient travel demand and stronger-than-expected business momentum. Airbnb lifts annual revenue growth forecast
• Positive Sentiment: Full-year outlook raised: The company now expects annual revenue growth in the high teens, up from its previous mid-teens forecast, reflecting stronger demand across global markets. Fourth-quarter revenue guidance of $3.2 billion to $3.3 billion was broadly in line with consensus. Airbnb raises outlook
• Positive Sentiment: Large buyback authorization: Airbnb authorized an additional $12 billion in share repurchases, a substantial potential source of shareholder returns and support for per-share metrics, though actual purchases may occur over time. Airbnb authorizes another $12 billion in buybacks
• Neutral Sentiment: AI product planned: Airbnb said it expects to launch an AI travel agent in the first half of 2027. It could improve trip planning and customer engagement, but the financial impact is not yet clear. Airbnb plans an AI travel agent

About Airbnb

Airbnb, Inc operates a global online marketplace that connects guests seeking accommodations and travel activities with hosts and service providers. Its platform enables users to search for, book and review a broad range of stays, including private rooms, entire homes, apartments and other distinctive properties.

In addition to lodging, Airbnb offers experiences and activities hosted by local individuals and businesses. The company also provides tools and services that help hosts create listings, manage bookings, communicate with guests and receive payments.