Sarasin & Partners LLP Boosts Holdings in Airbnb, Inc. $ABNB

Sarasin & Partners LLP lifted its holdings in Airbnb, Inc. (NASDAQ:ABNB) by 45.5% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 15,655 shares of the company’s stock after purchasing an additional 4,896 shares during the period. Sarasin & Partners LLP’s holdings in Airbnb were worth $2,240,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Caxton Associates LLP purchased a new stake in shares of Airbnb during the first quarter worth $258,000. Intech Investment Management LLC raised its stake in shares of Airbnb by 55.8% in the first quarter. Intech Investment Management LLC now owns 12,161 shares of the company’s stock valued at $1,453,000 after acquiring an additional 4,353 shares in the last quarter. Sivia Capital Partners LLC boosted its holdings in Airbnb by 18.8% in the second quarter. Sivia Capital Partners LLC now owns 5,866 shares of the company’s stock valued at $776,000 after purchasing an additional 927 shares during the period. WINTON GROUP Ltd purchased a new position in Airbnb in the second quarter valued at $411,000. Finally, NewEdge Advisors LLC grew its stake in Airbnb by 9.8% during the 2nd quarter. NewEdge Advisors LLC now owns 54,054 shares of the company’s stock worth $7,153,000 after purchasing an additional 4,811 shares in the last quarter. 80.76% of the stock is owned by hedge funds and other institutional investors.

Airbnb News Roundup

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Q2 results exceeded expectations. Airbnb earned $1.37 per share, versus consensus estimates of approximately $1.20–$1.26 and $1.03 a year earlier. Revenue rose 16.3% year over year to $3.61 billion, ahead of the $3.58 billion estimate. Gross booking value increased 16% to $27.2 billion. Airbnb Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its full-year forecast. Airbnb now expects 2026 revenue growth of at least a mid-teens rate, up from its previous low- to mid-teens outlook, and also increased its adjusted EBITDA margin guidance. Airbnb Boosts Forecast on Strong Demand
• Positive Sentiment: Near-term demand appears strong. The company said demand was healthy across all regions, with the FIFA World Cup providing an additional travel catalyst. Third-quarter revenue guidance of $4.7 billion to $4.8 billion also exceeded the roughly $4.6 billion analyst forecast. Airbnb Earnings and Third-Quarter Guidance
• Neutral Sentiment: Valuation leaves limited room for disappointment. Airbnb trades at roughly 37 times earnings and near its 52-week high, so investors may continue to scrutinize booking growth, costs and whether the upgraded outlook can be sustained.
• Negative Sentiment: Recent insider selling is a modest sentiment headwind. CFO Elinor Mertz sold 3,748 shares for approximately $575,000, while director Nathan Blecharczyk sold 13,615 shares worth about $2.07 million. The transactions may reflect diversification, but could still attract investor attention. Airbnb CFO SEC Filing

Insiders Place Their Bets

In other Airbnb news, CFO Elinor Mertz sold 3,748 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $153.34, for a total value of $574,718.32. Following the transaction, the chief financial officer directly owned 441,542 shares in the company, valued at $67,706,050.28. This represents a 0.84% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Nathan Blecharczyk sold 13,615 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $151.80, for a total transaction of $2,066,757.00. Following the completion of the transaction, the insider owned 12,370 shares in the company, valued at $1,877,766. This represents a 52.40% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,405,956 shares of company stock worth $334,266,758 over the last 90 days. Insiders own 27.21% of the company’s stock.

Airbnb Stock Performance

Shares of ABNB stock opened at $151.64 on Friday. The company has a market cap of $91.39 billion, a P/E ratio of 37.35, a PEG ratio of 1.63 and a beta of 1.14. The firm has a fifty day moving average price of $143.08 and a 200 day moving average price of $135.56. The company has a current ratio of 1.44, a quick 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 $156.50.

Airbnb (NASDAQ:ABNB) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.37 earnings per share for the quarter, beating analysts’ consensus estimates of $1.26 by $0.11. The company had revenue of $3.61 billion for the quarter, compared to analysts’ expectations of $3.58 billion. Airbnb had a return on equity of 31.24% and a net margin of 19.90%.Airbnb’s quarterly revenue was up 16.3% on a year-over-year basis. During the same period last year, the firm earned $1.03 earnings per share. Sell-side analysts predict that Airbnb, Inc. will post 4.93 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ABNB has been the topic of several recent research reports. B. Riley Financial restated a “buy” rating on shares of Airbnb in a report on Friday, May 8th. Robert W. Baird lifted their price objective on Airbnb from $150.00 to $160.00 and gave the company an “outperform” rating in a research note on Monday, June 29th. Sanford C. Bernstein reissued an “outperform” rating on shares of Airbnb in a research report on Friday, May 22nd. Needham & Company LLC assumed coverage on shares of Airbnb in a research note on Monday, May 4th. They set a “buy” rating on the stock. Finally, JPMorgan Chase & Co. upped their target price 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 research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $160.65.

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.