Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Acquires 13,607 Shares of Airbnb, Inc. $ABNB

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA boosted its position in Airbnb, Inc. (NASDAQ:ABNB) by 13,607.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,707 shares of the company’s stock after buying an additional 13,607 shares during the quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Airbnb were worth $1,746,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of ABNB. Forum Financial Management LP increased its stake in Airbnb by 5.8% during the 3rd quarter. Forum Financial Management LP now owns 3,664 shares of the company’s stock valued at $445,000 after purchasing an additional 200 shares in the last quarter. Mount Vernon Associates Inc. MD increased its stake in shares of Airbnb by 9.2% in the third quarter. Mount Vernon Associates Inc. MD now owns 9,840 shares of the company’s stock worth $1,195,000 after purchasing an additional 825 shares in the last quarter. World Equity Group Inc. lifted its holdings in Airbnb by 48.5% in the 3rd quarter. World Equity Group Inc. now owns 5,579 shares of the company’s stock worth $677,000 after purchasing an additional 1,821 shares in the last quarter. MASTERINVEST Kapitalanlage GmbH bought a new stake in shares of Airbnb in the third quarter worth about $212,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its stake in shares of Airbnb by 21.5% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 141,039 shares of the company’s stock worth $17,125,000 after buying an additional 24,951 shares in the last quarter. Institutional investors own 80.76% of the company’s stock.

Insider Buying and Selling at Airbnb

In other news, CEO Brian Chesky sold 51,230 shares of the stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $131.16, for a total transaction of $6,719,326.80. Following the transaction, the chief executive officer directly owned 45,854 shares in the company, valued at $6,014,210.64. This represents a 52.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Nathan Blecharczyk sold 141,063 shares of the stock in a transaction that occurred on Monday, December 8th. The stock was sold at an average price of $121.96, for a total transaction of $17,204,043.48. Following the sale, the insider directly owned 11,520 shares of the company’s stock, valued at approximately $1,404,979.20. This trade represents a 92.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 1,343,756 shares of company stock worth $165,409,819. Insiders own 27.91% of the company’s stock.

Airbnb Trading Up 0.4%

NASDAQ:ABNB opened at $139.27 on Monday. The firm has a market cap of $85.73 billion, a P/E ratio of 33.08, a PEG ratio of 2.16 and a beta of 1.09. The stock’s 50 day simple moving average is $126.57 and its 200-day simple moving average is $127.66. Airbnb, Inc. has a 12-month low of $99.88 and a 12-month high of $163.93.

Airbnb (NASDAQ:ABNB) last released its earnings results on Thursday, November 6th. The company reported $2.21 EPS for the quarter, missing analysts’ consensus estimates of $2.31 by ($0.10). The business had revenue of $4.10 billion during the quarter, compared to analyst estimates of $4.08 billion. Airbnb had a net margin of 22.03% and a return on equity of 32.14%. Airbnb’s revenue was up 9.9% compared to the same quarter last year. During the same period last year, the business posted $2.13 EPS. Research analysts forecast that Airbnb, Inc. will post 4.31 EPS for the current fiscal year.

Key Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Barclays upgraded ABNB, citing potential tailwinds from RNPL initiatives, a hotel push and demand boosts from the World Cup — a near-term revenue catalyst for bookings. RNPL, hotel push and World Cup to boost Airbnb, Barclays upgrades stock
• Positive Sentiment: Cantor Fitzgerald upgraded the stock, adding institutional support to the bullish narrative and helping lift near-term sentiment. Cantor Fitzgerald upgrades Airbnb (ABNB)
• Positive Sentiment: Several analyst write-ups and upgrades (coverage summarized by Benzinga and other outlets) show the street moving less bearish, which supports buying interest. Breaking Down Airbnb: 13 Analysts Share Their Views
• Neutral Sentiment: Market coverage notes ABNB is outpacing the broader market recently, reflecting momentum but not necessarily a change in fundamentals. That can attract momentum traders. Airbnb, Inc. (ABNB) Outpaces Stock Market Gains: What You Should Know
• Neutral Sentiment: Tapasya Fund disclosed it sold ABNB in 2024 (fund-level decision). This appears to be reallocation rather than a fresh vote of no confidence, but it reduces one institutional holder. Tapasya Fund Sold Airbnb (ABNB) in 2024
• Negative Sentiment: Senior executives sold millions in company stock, which can be read as insider monetization and may spook some investors despite insider sales sometimes being routine. Airbnb’s (ABNB) Senior Executives Sell Millions Worth of Company Stock
• Negative Sentiment: Sanford C. Bernstein issued a pessimistic forecast for ABNB, highlighting downside risk and providing a counterweight to the upgrades; this keeps some investors cautious on valuation. Sanford C. Bernstein Issues Pessimistic Forecast for Airbnb (NASDAQ:ABNB) Stock Price

Analyst Ratings Changes

ABNB has been the topic of several research analyst reports. Barclays set a $120.00 price objective on Airbnb and gave the company an “equal weight” rating in a research report on Friday. UBS Group lifted their price objective on shares of Airbnb from $145.00 to $147.00 and gave the company a “neutral” rating in a research note on Friday, November 7th. Jefferies Financial Group increased their target price on shares of Airbnb from $160.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, December 5th. DA Davidson reaffirmed a “buy” rating and issued a $155.00 price target on shares of Airbnb in a research note on Friday, December 5th. Finally, BNP Paribas assumed coverage on Airbnb in a research note on Monday, November 24th. They issued a “hold” rating for the company. Three analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, twenty-one have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $146.92.

Airbnb 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.