Machina Capital S.A.S. Sells 9,591 Shares of Airbnb, Inc. $ABNB

Machina Capital S.A.S. decreased its position in shares of Airbnb, Inc. (NASDAQ:ABNB) by 27.6% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,117 shares of the company’s stock after selling 9,591 shares during the period. Machina Capital S.A.S.’s holdings in Airbnb were worth $4,035,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Wellington Management Group LLP grew its holdings in Airbnb by 80.6% in the second quarter. Wellington Management Group LLP now owns 5,785,665 shares of the company’s stock worth $827,929,000 after purchasing an additional 2,581,539 shares during the last quarter. Amundi lifted its holdings in shares of Airbnb by 8.6% during the 1st quarter. Amundi now owns 4,686,765 shares of the company’s stock valued at $591,845,000 after purchasing an additional 370,426 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Airbnb by 114.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 3,401,521 shares of the company’s stock valued at $546,454,000 after purchasing an additional 1,816,522 shares during the last quarter. Jennison Associates LLC lifted its holdings in shares of Airbnb by 9,331.0% during the 1st quarter. Jennison Associates LLC now owns 3,172,959 shares of the company’s stock valued at $400,681,000 after purchasing an additional 3,139,315 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its position in shares of Airbnb by 61.1% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 2,201,279 shares of the company’s stock worth $353,635,000 after purchasing an additional 835,208 shares in the last quarter. 80.76% of the stock is currently owned by institutional investors and hedge funds.

Airbnb News Roundup

Here’s some of the latest news about ABNB:

• Positive Sentiment: Airbnb beat third-quarter earnings and revenue estimates, with revenue up 18.9% year over year. Its newly authorized $12 billion share-repurchase program adds another potential source of support for shareholders. Airbnb earnings and buyback
• Neutral Sentiment: Airbnb and other platforms report negligible bookings through outside AI agents so far. That suggests limited immediate disruption, though third-party AI booking is not yet a meaningful growth channel. Limited use of AI agents
• Negative Sentiment: Co-founder Nathan Blecharczyk disclosed substantial recent share sales, including roughly $2.6 million in the latest reported transaction. Insider sales can weigh on sentiment, although they do not necessarily indicate a change in the company’s outlook. Insider stock sale

Insider Activity

In related news, insider Nathan Blecharczyk sold 202,652 shares of the company’s 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 transaction, the insider directly owned 179,567 shares of the company’s stock, valued at $34,168,008.76. This represents a 53.02% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last 90 days, insiders sold 638,891 shares of company stock valued at $120,204,649. 27.21% of the stock is owned by corporate insiders.

Airbnb Trading Down 3.1%

Shares of Airbnb stock opened at $181.13 on Thursday. The company has a current ratio of 1.73, a quick ratio of 1.73 and a debt-to-equity ratio of 0.25. Airbnb, Inc. has a 12-month low of $110.81 and a 12-month high of $197.87. The firm has a market capitalization of $108.46 billion, a price-to-earnings ratio of 33.86, a PEG ratio of 1.98 and a beta of 1.26. The firm’s 50 day simple moving average is $169.13 and its two-hundred day simple moving average is $148.51.

Airbnb (NASDAQ:ABNB) last posted its quarterly earnings results on Thursday, November 5th. The company reported $3.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.85 by $0.31. Airbnb had a net margin of 23.02% and a return on equity of 38.94%. The business had revenue of $4.87 billion during the quarter, compared to analysts’ expectations of $4.75 billion. During the same quarter last year, the company posted $2.21 earnings per share. The business’s quarterly revenue was up 18.9% on a year-over-year basis. Analysts predict that Airbnb, Inc. will post 5.49 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on ABNB shares. FBN Securities initiated coverage on Airbnb in a research note on Friday, October 2nd. They set an “outperform” rating on the stock. DA Davidson upped their target price on Airbnb from $175.00 to $220.00 and gave the company a “buy” rating in a research report on Monday, August 31st. Morgan Stanley started coverage on Airbnb in a research note on Wednesday, September 16th. They issued an “equal weight” rating and a $170.00 price target for the company. HSBC raised Airbnb from a “hold” rating to a “strong-buy” rating in a report on Friday, November 6th. Finally, Wedbush raised their price target on Airbnb from $200.00 to $237.00 and gave the stock an “outperform” rating in a report on Friday, November 6th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-seven have given a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $195.46.

Airbnb Company 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.