Lombard Odier Asset Management Europe Ltd Sells 10,151,735 Shares of Airbnb, Inc. $ABNB

Lombard Odier Asset Management Europe Ltd decreased its holdings in shares of Airbnb, Inc. (NASDAQ:ABNB) by 99.6% during the first quarter, according to its most recent filing with the SEC. The firm owned 38,160 shares of the company’s stock after selling 10,151,735 shares during the period. Lombard Odier Asset Management Europe Ltd’s holdings in Airbnb were worth $4,819,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Transamerica Financial Advisors LLC lifted its position in shares of Airbnb by 143.6% in the 4th quarter. Transamerica Financial Advisors LLC now owns 190 shares of the company’s stock worth $26,000 after purchasing an additional 112 shares during the period. Entrust Financial LLC purchased a new position in Airbnb during the fourth quarter valued at approximately $27,000. Meeder Asset Management Inc. increased its holdings in Airbnb by 96.3% during the first quarter. Meeder Asset Management Inc. now owns 214 shares of the company’s stock valued at $27,000 after buying an additional 105 shares during the period. Sunbelt Securities Inc. raised its stake in Airbnb by 397.7% in the third quarter. Sunbelt Securities Inc. now owns 219 shares of the company’s stock worth $27,000 after buying an additional 175 shares in the last quarter. Finally, Wiser Advisor Group LLC bought a new position in Airbnb in the third quarter worth approximately $27,000. Institutional investors own 80.76% of the company’s stock.

Insider Buying and Selling

In other Airbnb news, CEO Brian Chesky sold 265,746 shares of Airbnb stock in a transaction dated 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 approximately $1,481,708,753.58. The trade was a 2.32% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Nathan Blecharczyk sold 88,366 shares of the business’s stock in a transaction dated 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 sale, the insider owned 12,370 shares in the company, valued at approximately $1,803,669.70. The trade was a 87.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,448,729 shares of company stock worth $340,387,098 in the last 90 days. Insiders own 27.21% of the company’s stock.

More Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb’s upcoming earnings report is expected to show continued earnings growth, with analysts looking for a potential beat based on improving revenue trends and expectations. The company’s previous quarter delivered revenue above estimates and 17.9% year-over-year growth, although EPS fell short. Airbnb Earnings Expected to Grow
• Positive Sentiment: Recent commentary points to continued long-term growth potential from Airbnb’s global marketplace, expanded travel offerings and the possibility of another major growth cycle. The stock’s position above key moving averages also indicates sustained momentum. Airbnb Momentum Opens a Bigger Debate
• Neutral Sentiment: UBS raised its price target for ABNB to $163 from $157 while maintaining a Neutral rating. The higher target acknowledges some upside, but the unchanged rating signals that the firm still sees balanced risk and reward at current valuation levels. UBS Raises Airbnb Price Target
• Negative Sentiment: Morgan Stanley maintained its Sell/Underweight view, raising its price target only modestly to $125 from $120. The target remains well below recent trading levels, highlighting concerns that Airbnb’s premium valuation may not be supported by near-term growth. Morgan Stanley Maintains Sell Rating
• Negative Sentiment: Director Joseph Gebbia sold approximately 2.1 million shares for about $315.9 million across July 27 and 28, liquidating his indirect Class A holdings. The unusually large sale, following additional recent insider transactions, could weigh on investor sentiment even though it does not necessarily indicate deteriorating fundamentals. Joseph Gebbia Sells Airbnb Shares
• Negative Sentiment: Airbnb trades at a richer valuation than Booking Holdings, while regulatory risks affecting short-term rentals remain an overhang. Investors may therefore demand stronger earnings and guidance to justify the premium multiple. Airbnb Versus Booking

Airbnb Stock Performance

NASDAQ ABNB opened at $151.52 on Monday. The company has a fifty day simple moving average of $141.62 and a two-hundred day simple moving average of $135.07. The stock has a market cap of $91.32 billion, a P/E ratio of 37.32, a P/E/G ratio of 1.62 and a beta of 1.14. Airbnb, Inc. has a 12-month low of $110.81 and a 12-month high of $156.50. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.32.

Airbnb (NASDAQ:ABNB) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.05). The company had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.62 billion. Airbnb had a return on equity of 31.24% and a net margin of 19.90%.The company’s quarterly revenue was up 17.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.24 earnings per share. On average, analysts forecast that Airbnb, Inc. will post 4.93 earnings per share for the current year.

Analysts Set New Price Targets

ABNB has been the subject of a number of analyst reports. B. Riley Financial restated a “buy” rating on shares of Airbnb in a report on Friday, May 8th. JPMorgan Chase & Co. boosted their price target on Airbnb from $130.00 to $140.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. CICC Research initiated coverage on Airbnb in a research note on Friday, June 5th. They set an “outperform” rating and a $165.00 price objective for the company. Evercore reaffirmed an “outperform” rating on shares of Airbnb in a research report on Friday, May 8th. Finally, Rodman & Renshaw initiated coverage on Airbnb in a research note on Monday, May 4th. They issued a “buy” rating on the stock. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Airbnb has an average rating of “Moderate Buy” and an average price target of $160.65.

Airbnb Company 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.