Parallel Advisors LLC Sells 3,043 Shares of Airbnb, Inc. $ABNB

Parallel Advisors LLC cut its holdings in Airbnb, Inc. (NASDAQ:ABNB) by 12.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 20,606 shares of the company’s stock after selling 3,043 shares during the quarter. Parallel Advisors LLC’s holdings in Airbnb were worth $3,310,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Wedmont Private Capital raised its stake in Airbnb by 1.7% in the 2nd quarter. Wedmont Private Capital now owns 4,517 shares of the company’s stock valued at $671,000 after purchasing an additional 75 shares during the last quarter. Commerzbank Aktiengesellschaft FI lifted its position in Airbnb by 1.3% in the 1st quarter. Commerzbank Aktiengesellschaft FI now owns 5,754 shares of the company’s stock valued at $727,000 after purchasing an additional 76 shares during the last quarter. Parkside Financial Bank & Trust increased its stake in shares of Airbnb by 11.4% in the second quarter. Parkside Financial Bank & Trust now owns 800 shares of the company’s stock valued at $114,000 after purchasing an additional 82 shares during the period. Fermata Advisors LLC raised its holdings in shares of Airbnb by 5.7% during the third quarter. Fermata Advisors LLC now owns 1,645 shares of the company’s stock valued at $264,000 after buying an additional 88 shares during the last quarter. Finally, Norman Fields Gottscho Capital Management LLC raised its holdings in shares of Airbnb by 3.0% during the second quarter. Norman Fields Gottscho Capital Management LLC now owns 3,085 shares of the company’s stock valued at $441,000 after buying an additional 90 shares during the last quarter. Hedge funds and other institutional investors own 80.76% of the company’s stock.

Airbnb Price Performance

Shares of Airbnb stock opened at $189.99 on Monday. Airbnb, Inc. has a 12-month low of $110.81 and a 12-month high of $193.45. The firm has a market capitalization of $113.76 billion, a PE ratio of 35.51, a price-to-earnings-growth ratio of 2.12 and a beta of 1.26. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 0.25. The stock’s fifty day moving average is $169.07 and its 200-day moving average is $147.71.

Airbnb (NASDAQ:ABNB) last posted its quarterly earnings data on Thursday, November 5th. The company reported $3.16 EPS for the quarter, beating analysts’ consensus estimates of $2.85 by $0.31. The company had revenue of $4.87 billion during the quarter, compared to analyst estimates of $4.75 billion. Airbnb had a net margin of 23.02% and a return on equity of 38.94%. The business’s quarterly revenue was up 18.9% on a year-over-year basis. During the same period in the prior year, the firm earned $2.21 earnings per share. Equities analysts anticipate that Airbnb, Inc. will post 5.43 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have weighed in on ABNB shares. Gordon Haskett lifted their target price on Airbnb from $146.00 to $180.00 and gave the company a “hold” rating in a research note on Thursday, September 10th. BNP Paribas Exane raised their target price on shares of Airbnb from $150.00 to $175.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. The Goldman Sachs Group reiterated a “neutral” rating and set a $185.00 price objective on shares of Airbnb in a research note on Friday. Canaccord Genuity Group lifted their price target on Airbnb from $200.00 to $225.00 and gave the company a “buy” rating in a research report on Friday. Finally, DA Davidson boosted their price objective on Airbnb from $175.00 to $220.00 and gave the stock a “buy” rating in a research note on Monday, August 31st. One research analyst has rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $193.85.

Airbnb News Roundup

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb reported Q3 revenue of $4.87 billion, up 18.9% year over year and above estimates. Adjusted earnings of $3.16 per share also beat forecasts. Booking demand strengthened, with nights booked up 16%, marking the company’s fastest revenue growth in more than three years. Airbnb Q3 results
• Positive Sentiment: Management raised its 2026 revenue-growth outlook to the high teens from the mid teens and forecast Q4 revenue of $3.22 billion to $3.28 billion. Executives described the business as “back in growth mode,” citing resilient global travel demand and stronger bookings. Airbnb raises its annual outlook
• Positive Sentiment: The company authorized a $12 billion stock buyback, which could support shareholder returns. Management also pointed to AI-driven efficiency and hotel expansion as opportunities to improve operations and broaden growth. Q3 highlights, buyback and growth plans
• Positive Sentiment: Several analysts raised price targets after the results, including Oppenheimer, Citi and RBC, reinforcing the view that accelerating growth could support further gains. Analysts raise Airbnb price targets
• Neutral Sentiment: Some analysts remain cautious, arguing that valuation may limit upside despite the stronger outlook. Commentary also flagged possible effects from currency movements and a payment feature on reported results; these are potential caveats, not evidence that demand has weakened. Analysis of Q3 results and potential caveats

Insiders Place Their Bets

In other news, insider Nathan Blecharczyk sold 202,652 shares of the stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $190.28, for a total value of $38,560,622.56. Following the completion of the sale, the insider owned 179,567 shares in the company, valued at $34,168,008.76. This represents a 53.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last 90 days, insiders have sold 524,377 shares of company stock worth $98,303,710. Insiders own 27.21% of the company’s stock.

Airbnb Profile

Airbnb operates an online marketplace that connects travelers with hosts offering short-term stays and other travel-related services. Listings include apartments, houses, rooms and distinctive accommodations, with options ranging from brief visits to longer stays. The platform also offers bookable experiences in destinations around the world.

Founded in 2007 in San Francisco, Airbnb was started by Brian Chesky, Nathan Blecharczyk and Joe Gebbia. The company serves guests and hosts in more than 220 countries and regions, providing tools for listing properties, managing reservations and handling payments.

Brian Chesky is Airbnb’s co-founder and chief executive officer.