Savant Capital LLC Sells 9,194 Shares of Airbnb, Inc. $ABNB

Savant Capital LLC trimmed its position in Airbnb, Inc. (NASDAQ:ABNB) by 74.2% during the fourth quarter, Holdings Channel reports. The firm owned 3,190 shares of the company’s stock after selling 9,194 shares during the quarter. Savant Capital LLC’s holdings in Airbnb were worth $433,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of ABNB. Caxton Associates LLP bought a new stake in shares of Airbnb in the 1st quarter valued at about $258,000. Intech Investment Management LLC raised its holdings in shares of Airbnb by 55.8% in the 1st quarter. Intech Investment Management LLC now owns 12,161 shares of the company’s stock valued at $1,453,000 after purchasing an additional 4,353 shares during the period. Sivia Capital Partners LLC raised its holdings in shares of Airbnb by 18.8% in the 2nd 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 bought a new stake in shares of Airbnb in the 2nd quarter valued at about $411,000. Finally, NewEdge Advisors LLC raised its holdings in shares of Airbnb by 9.8% in the 2nd quarter. NewEdge Advisors LLC now owns 54,054 shares of the company’s stock valued at $7,153,000 after purchasing an additional 4,811 shares during the period. 80.76% of the stock is owned by institutional investors.

Insider Transactions at Airbnb

In other news, CEO Brian Chesky sold 265,746 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $132.22, for a total transaction of $35,136,936.12. Following the transaction, the chief executive officer directly owned 11,206,389 shares of the company’s stock, valued at approximately $1,481,708,753.58. This trade represents a 2.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Nathan Blecharczyk sold 60,136 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $145.70, for a total transaction of $8,761,815.20. Following the transaction, the insider directly owned 11,920 shares in the company, valued at $1,736,744. This represents a 83.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 1,612,370 shares of company stock valued at $217,546,338. 27.21% of the stock is currently owned by company insiders.

Key Stories Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Brokerages continue to rate Airbnb at an average of “Moderate Buy,” signaling that analysts remain broadly constructive on the company’s outlook. Airbnb, Inc. (NASDAQ:ABNB) Given Average Rating of “Moderate Buy” by Brokerages
• Positive Sentiment: CEO Brian Chesky’s plans to start an AI venture could be seen as strategically important if Airbnb applies new AI tools to product design, personalization, or user experience. Airbnb CEO Brian Chesky Plans to Start a New AI Company
• Positive Sentiment: Institutional ownership remains high, suggesting continued support from large investors and reducing concerns about broad-based selling pressure.
• Neutral Sentiment: Airbnb’s latest quarter showed strong revenue growth but an EPS miss, making the stock reaction more dependent on whether investors focus on growth or profitability.
• Neutral Sentiment: Analysts’ consensus price target remains well above the current trading range, which leaves room for upside but does not guarantee near-term movement.
• Negative Sentiment: CEO Brian Chesky sold 62,764 shares, and Director Joseph Gebbia sold 265,000 shares, which can pressure sentiment because insider selling sometimes signals limited near-term upside. SEC filing for Joseph Gebbia sale SEC filing for Brian Chesky sales
• Negative Sentiment: Airbnb recently missed analyst EPS estimates, keeping some pressure on the stock as investors assess whether margins can keep up with revenue growth.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Airbnb in a report on Friday, May 22nd. Wedbush raised shares of Airbnb from a “neutral” rating to a “neutral” rating in a report on Monday, May 4th. Rodman & Renshaw assumed coverage on shares of Airbnb in a report on Monday, May 4th. They issued a “buy” rating on the stock. Argus raised shares of Airbnb to a “strong-buy” rating in a report on Tuesday, February 17th. Finally, Robert W. Baird set a $150.00 price target on shares of Airbnb in a report on Friday, May 8th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $157.67.

Airbnb Stock Up 0.1%

Airbnb stock opened at $133.72 on Friday. The stock has a market cap of $80.59 billion, a P/E ratio of 32.94, a P/E/G ratio of 1.43 and a beta of 1.16. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.32. Airbnb, Inc. has a twelve month low of $110.81 and a twelve month high of $147.25. The company’s 50-day moving average price is $134.28 and its two-hundred day moving average price is $130.63.

Airbnb (NASDAQ:ABNB) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.05). The company had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.62 billion. Airbnb had a net margin of 19.90% and a return on equity of 31.24%. The firm’s revenue was up 17.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.24 earnings per share. As a group, analysts expect that Airbnb, Inc. will post 4.91 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.