Nykredit A S acquired a new stake in Airbnb, Inc. (NASDAQ:ABNB – Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 201,139 shares of the company’s stock, valued at approximately $28,783,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Transamerica Financial Advisors LLC raised its position in shares of Airbnb by 143.6% during the 4th quarter. Transamerica Financial Advisors LLC now owns 190 shares of the company’s stock valued at $26,000 after acquiring an additional 112 shares during the last quarter. Entrust Financial LLC bought a new position in shares of Airbnb in the 4th quarter worth $27,000. Meeder Asset Management Inc. grew its stake in shares of Airbnb by 96.3% during the first quarter. Meeder Asset Management Inc. now owns 214 shares of the company’s stock worth $27,000 after purchasing an additional 105 shares during the period. Sunbelt Securities Inc. grew its stake in shares of Airbnb by 397.7% during the third quarter. Sunbelt Securities Inc. now owns 219 shares of the company’s stock worth $27,000 after purchasing an additional 175 shares during the period. Finally, Wiser Advisor Group LLC bought a new stake in Airbnb in the third quarter valued at about $27,000. 80.76% of the stock is owned by institutional investors.
Airbnb News Roundup
Here are the key news stories impacting Airbnb this week:
- Positive Sentiment: Rosenblatt Securities initiated coverage with a “Buy”/“Strong Buy” recommendation and a $220 price target. The target suggests meaningful upside from recent trading levels and adds to a generally favorable analyst outlook for Airbnb. Rosenblatt initiates coverage of Airbnb
- Positive Sentiment: ABNB moved above its 20-day moving average, a technical signal that suggests improving short-term momentum and may attract additional buying from trend-focused investors. Airbnb overtakes 20-day moving average
- Positive Sentiment: Airbnb appointed Pepijn Rijvers as chief business officer. Rijvers’ prior leadership experience at Tripadvisor and Booking.com could support Airbnb’s expansion of hotels and other travel offerings, reinforcing its broader growth strategy. Airbnb names Pepijn Rijvers chief business officer
- Neutral Sentiment: Investor commentary continues to compare Airbnb favorably with other consumer-growth companies, citing its global listing network and high net margin. The discussion is supportive but does not represent a specific estimate or change to Airbnb’s fundamentals. Airbnb versus Spotify comparison
- Negative Sentiment: Insiders continued to sell shares. Chief Accounting Officer David Bernstein sold 5,224 shares for approximately $953,000, while co-founder Nathan Blecharczyk recently sold an additional 13,615 shares for about $2.55 million and has substantially reduced his position through multiple transactions. Such sales can weigh on sentiment, although they may reflect personal financial planning rather than concerns about Airbnb’s business. Airbnb insider selling
Analysts Set New Price Targets
View Our Latest Analysis on ABNB
Airbnb Stock Up 1.1%
Shares of Airbnb stock opened at $185.25 on Friday. Airbnb, Inc. has a 1 year low of $110.81 and a 1 year high of $193.45. The business has a 50-day moving average of $162.30 and a two-hundred day moving average of $143.70. The company has a market capitalization of $110.93 billion, a P/E ratio of 42.10, a price-to-earnings-growth ratio of 2.12 and a beta of 1.16. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.41 and a quick ratio of 1.41.
Airbnb (NASDAQ:ABNB – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.11. Airbnb had a return on equity of 33.38% and a net margin of 20.45%.The company had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.58 billion. During the same quarter last year, the firm posted $1.03 earnings per share. Airbnb’s revenue was up 16.3% compared to the same quarter last year. As a group, equities analysts predict that Airbnb, Inc. will post 5.23 EPS for the current year.
Insiders Place Their Bets
In other Airbnb news, insider Nathan Blecharczyk sold 13,615 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $187.27, for a total transaction of $2,549,681.05. Following the sale, the insider directly owned 20,567 shares in the company, valued at approximately $3,851,582.09. This trade represents a 39.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Brian Chesky sold 20,000 shares of Airbnb stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $173.61, for a total transaction of $3,472,200.00. Following the completion of the transaction, the chief executive officer directly owned 5,854 shares in the company, valued at approximately $1,016,312.94. The trade was a 77.36% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 2,330,588 shares of company stock worth $380,660,896. Company insiders own 27.21% of the company’s stock.
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.
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