Westmount Partners LLC Acquires Shares of 7,661 Airbnb, Inc. $ABNB

Westmount Partners LLC bought a new position in Airbnb, Inc. (NASDAQ:ABNB) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 7,661 shares of the company’s stock, valued at approximately $1,096,000.

Other institutional investors also recently modified their holdings of the company. Harris Associates L P grew its holdings in shares of Airbnb by 43.2% during the 2nd quarter. Harris Associates L P now owns 14,237,331 shares of the company’s stock valued at $1,884,168,000 after acquiring an additional 4,292,383 shares in the last quarter. Norges Bank purchased a new position in Airbnb in the fourth quarter valued at about $480,332,000. Jennison Associates LLC grew its stake in Airbnb by 9,331.0% in the first 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 in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Airbnb by 453.5% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,325,498 shares of the company’s stock worth $403,782,000 after purchasing an additional 2,724,682 shares during the last quarter. Finally, SRS Investment Management LLC acquired a new position in Airbnb in the 4th quarter worth about $342,017,000. Institutional investors and hedge funds own 80.76% of the company’s stock.

Insider Activity at Airbnb

In other Airbnb news, CEO Brian Chesky sold 265,746 shares of the company’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $132.22, for a total transaction of $35,136,936.12. Following the completion of the sale, the chief executive officer owned 11,206,389 shares of the company’s stock, valued at $1,481,708,753.58. This 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 is available through the SEC website. Also, insider Nathan Blecharczyk sold 88,366 shares of the stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $145.81, for a total value of $12,884,646.46. Following the transaction, the insider owned 12,370 shares in the company, valued at approximately $1,803,669.70. This trade represents a 87.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 2,405,956 shares of company stock valued at $334,266,758. Corporate insiders own 27.21% of the company’s stock.

Key Headlines Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Q2 results exceeded expectations. Airbnb earned $1.37 per share, versus consensus estimates of approximately $1.20–$1.26 and $1.03 a year earlier. Revenue rose 16.3% year over year to $3.61 billion, ahead of the $3.58 billion estimate. Gross booking value increased 16% to $27.2 billion. Airbnb Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its full-year forecast. Airbnb now expects 2026 revenue growth of at least a mid-teens rate, up from its previous low- to mid-teens outlook, and also increased its adjusted EBITDA margin guidance. Airbnb Boosts Forecast on Strong Demand
• Positive Sentiment: Near-term demand appears strong. The company said demand was healthy across all regions, with the FIFA World Cup providing an additional travel catalyst. Third-quarter revenue guidance of $4.7 billion to $4.8 billion also exceeded the roughly $4.6 billion analyst forecast. Airbnb Earnings and Third-Quarter Guidance
• Neutral Sentiment: Valuation leaves limited room for disappointment. Airbnb trades at roughly 37 times earnings and near its 52-week high, so investors may continue to scrutinize booking growth, costs and whether the upgraded outlook can be sustained.
• Negative Sentiment: Recent insider selling is a modest sentiment headwind. CFO Elinor Mertz sold 3,748 shares for approximately $575,000, while director Nathan Blecharczyk sold 13,615 shares worth about $2.07 million. The transactions may reflect diversification, but could still attract investor attention. Airbnb CFO SEC Filing

Airbnb Trading Down 0.6%

Airbnb stock opened at $151.64 on Friday. Airbnb, Inc. has a one year low of $110.81 and a one year high of $156.50. The company’s fifty day moving average price is $143.08 and its two-hundred day moving average price is $135.56. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.44 and a quick ratio of 1.44. The company has a market capitalization of $91.39 billion, a price-to-earnings ratio of 37.35, a PEG ratio of 1.63 and a beta of 1.14.

Airbnb (NASDAQ:ABNB) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.26 by $0.11. The company had revenue of $3.61 billion during the quarter, compared to analysts’ expectations of $3.58 billion. Airbnb had a return on equity of 31.24% and a net margin of 19.90%.The business’s quarterly revenue was up 16.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.03 earnings per share. On average, analysts forecast that Airbnb, Inc. will post 4.93 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

ABNB has been the subject of a number of recent research reports. The Goldman Sachs Group set a $170.00 price target on Airbnb in a research note on Tuesday, July 28th. Susquehanna increased their price objective on Airbnb from $150.00 to $170.00 and gave the stock a “positive” rating in a report on Friday, May 8th. Rodman & Renshaw assumed coverage on Airbnb in a report on Monday, May 4th. They issued a “buy” rating on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $173.00 price objective on shares of Airbnb in a research report on Thursday, May 21st. Finally, Truist Financial lifted their target price on shares of Airbnb from $129.00 to $134.00 and gave the company a “hold” rating in a research note on Friday, June 12th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $160.65.

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.