Total Wealth Planning & Management Inc. Acquires New Shares in Airbnb, Inc. $ABNB

Total Wealth Planning & Management Inc. acquired a new stake in Airbnb, Inc. (NASDAQ:ABNB) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 4,145 shares of the company’s stock, valued at approximately $563,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ABNB. Harris Associates L P increased its holdings in Airbnb by 43.2% in the second quarter. Harris Associates L P now owns 14,237,331 shares of the company’s stock valued at $1,884,168,000 after purchasing an additional 4,292,383 shares during the last quarter. Independent Franchise Partners LLP bought a new stake in Airbnb in the third quarter valued at about $505,672,000. Norges Bank bought a new stake in Airbnb in the fourth quarter valued at about $480,332,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Airbnb by 453.5% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,325,498 shares of the company’s stock valued at $403,782,000 after purchasing an additional 2,724,682 shares during the last quarter. Finally, AQR Capital Management LLC increased its holdings in Airbnb by 58.6% in the third quarter. AQR Capital Management LLC now owns 4,269,937 shares of the company’s stock valued at $518,456,000 after purchasing an additional 1,577,338 shares during the last quarter. Institutional investors own 80.76% of the company’s stock.

Airbnb Stock Up 0.1%

Shares of Airbnb stock opened at $133.72 on Friday. Airbnb, Inc. has a 1 year low of $110.81 and a 1 year high of $147.25. The business has a 50-day moving average of $134.28 and a two-hundred day moving average of $130.63. The company has a market capitalization of $80.59 billion, a P/E ratio of 32.94, a price-to-earnings-growth ratio of 1.43 and a beta of 1.16. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.44 and a quick ratio of 1.44.

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

Analysts Set New Price Targets

A number of research firms recently commented on ABNB. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $170.00 price objective on shares of Airbnb in a report on Friday, May 8th. TD Cowen upped their price objective on Airbnb from $150.00 to $160.00 and gave the company a “buy” rating in a report on Friday, February 13th. Wells Fargo & Company upped their price objective on Airbnb from $178.00 to $181.00 and gave the company an “overweight” rating in a report on Friday, May 8th. B. Riley Financial reiterated a “buy” rating on shares of Airbnb in a report on Friday, May 8th. Finally, Citigroup restated an “outperform” rating 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 assigned a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Airbnb has a consensus rating of “Moderate Buy” and an average target price of $157.67.

Insiders Place Their Bets

In other Airbnb news, CEO Brian Chesky sold 62,764 shares of the stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $134.00, for a total value of $8,410,376.00. Following the completion of the sale, the chief executive officer directly owned 10,855,175 shares in the company, valued at $1,454,593,450. This represents a 0.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Joseph Gebbia sold 265,000 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $135.45, for a total value of $35,894,250.00. Following the completion of the sale, the director owned 3,182,355 shares of the company’s stock, valued at $431,049,984.75. This trade represents a 7.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,612,370 shares of company stock worth $217,546,338 over the last ninety days. 27.21% of the stock is currently owned by corporate insiders.

Trending Headlines about 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.

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.