Argent Trust Co Sells 75,800 Shares of Airbnb, Inc. $ABNB

Argent Trust Co decreased its position in Airbnb, Inc. (NASDAQ:ABNB) by 80.5% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 18,403 shares of the company’s stock after selling 75,800 shares during the quarter. Argent Trust Co’s holdings in Airbnb were worth $2,235,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. SBI Securities Co. Ltd. lifted its holdings in shares of Airbnb by 0.8% in the 2nd quarter. SBI Securities Co. Ltd. now owns 10,552 shares of the company’s stock worth $1,396,000 after acquiring an additional 85 shares during the last quarter. Koshinski Asset Management Inc. lifted its stake in Airbnb by 4.1% in the third quarter. Koshinski Asset Management Inc. now owns 2,226 shares of the company’s stock worth $270,000 after purchasing an additional 87 shares during the last quarter. LRI Investments LLC boosted its position in Airbnb by 7.5% during the third quarter. LRI Investments LLC now owns 1,260 shares of the company’s stock valued at $153,000 after buying an additional 88 shares during the period. Brookstone Capital Management grew its stake in shares of Airbnb by 4.0% during the third quarter. Brookstone Capital Management now owns 2,350 shares of the company’s stock valued at $285,000 after buying an additional 91 shares during the last quarter. Finally, SYM FINANCIAL Corp grew its stake in shares of Airbnb by 4.9% during the third quarter. SYM FINANCIAL Corp now owns 1,953 shares of the company’s stock valued at $237,000 after buying an additional 91 shares during the last quarter. 80.76% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Argus raised Airbnb to a “strong-buy” rating in a research note on Tuesday, February 17th. TD Cowen lifted their price target on Airbnb from $150.00 to $160.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Barclays increased their price objective on Airbnb from $120.00 to $122.00 and gave the company an “equal weight” rating in a research note on Friday, February 13th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Airbnb in a research note on Wednesday, January 14th. Finally, DA Davidson lowered their price target on shares of Airbnb from $155.00 to $150.00 and set a “buy” rating for the company in a report on Tuesday, February 17th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, sixteen have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $148.69.

Insider Transactions at Airbnb

In other Airbnb news, insider Nathan Blecharczyk sold 141,063 shares of the firm’s stock in a transaction dated Monday, December 8th. The shares were sold at an average price of $121.96, for a total transaction of $17,204,043.48. Following the completion of the transaction, the insider owned 11,520 shares in the company, valued at $1,404,979.20. This trade represents a 92.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Brian Chesky sold 51,230 shares of the stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $131.16, for a total value of $6,719,326.80. Following the completion of the transaction, the chief executive officer directly owned 45,854 shares of the company’s stock, valued at approximately $6,014,210.64. The trade was a 52.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 853,775 shares of company stock valued at $107,713,177. Company insiders own 27.91% of the company’s stock.

Trending Headlines about Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Large institutional buying: Several big funds (Vanguard, Harris Associates, AQR, Clearbridge) have recently increased stakes in ABNB, signaling confidence from long-term investors. MarketBeat ABNB Report
• Positive Sentiment: Revenue growth and top-line beat: Airbnb’s latest quarter showed revenue up ~12.9% year-over-year and beat consensus, suggesting continued demand resilience in travel. MarketBeat Earnings Coverage
• Positive Sentiment: Sector outperformance / strong growth profile: Coverage notes ABNB has outperformed many consumer-discretionary peers and ranks highly on growth metrics, supporting medium-term upside potential. Barchart: Performance vs Peers
• Neutral Sentiment: New third‑party co‑listing service (10XBNB): A press release touts platforms that let entrepreneurs earn Airbnb income without owning property; likely limited direct impact on Airbnb’s financials near-term. GlobeNewswire: 10XBNB Release
• Neutral Sentiment: Short-interest data appears noisy/invalid this cycle (reported as zero with NaN changes), so do not read meaningful directional pressure from those feeds today.
• Neutral Sentiment: Mixed analyst picture: Several firms have adjusted price targets (some higher) but consensus remains around a “Hold” with an average target near $148 — implies limited uniform conviction among analysts. MarketBeat Analyst Summary
• Negative Sentiment: Insider selling by co‑founder/director Joseph Gebbia: He sold 58,000 shares (multiple recent sales), which can dent sentiment even if pre-scheduled or for diversification. InsiderTrades: Gebbia Sale
• Negative Sentiment: EPS miss: Airbnb reported EPS below consensus ($0.56 vs. $0.66), which often drives short‑term weakness despite the revenue beat. MarketBeat Earnings Coverage
• Negative Sentiment: High-profile fund rebalancing: Coverage notes Cathie Wood trimmed exposure even as Airbnb posts strong revenue — such moves from prominent managers can amplify selling pressure. Benzinga: Cathie Wood Trim

Airbnb Trading Down 1.4%

Shares of NASDAQ:ABNB opened at $135.11 on Friday. The firm has a market capitalization of $82.24 billion, a PE ratio of 33.44, a PEG ratio of 1.83 and a beta of 1.15. Airbnb, Inc. has a 1-year low of $99.88 and a 1-year high of $144.75. The business’s 50 day moving average is $130.81 and its 200-day moving average is $126.24.

Airbnb (NASDAQ:ABNB) last issued its earnings results on Thursday, February 12th. The company reported $0.56 EPS for the quarter, missing the consensus estimate of $0.66 by ($0.10). Airbnb had a return on equity of 30.88% and a net margin of 20.51%.The firm had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.71 billion. During the same period last year, the business earned $0.73 earnings per share. The firm’s revenue for the quarter was up 12.9% compared to the same quarter last year. On average, sell-side analysts predict that Airbnb, Inc. will post 4.31 EPS for the current year.

About Airbnb

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.