Proficio Capital Partners LLC Increases Stock Holdings in Airbnb, Inc. $ABNB

Proficio Capital Partners LLC boosted its stake in Airbnb, Inc. (NASDAQ:ABNB) by 33.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 19,268 shares of the company’s stock after acquiring an additional 4,849 shares during the period. Proficio Capital Partners LLC’s holdings in Airbnb were worth $2,757,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Commerzbank Aktiengesellschaft FI increased its position in shares of Airbnb by 1.3% during the first quarter. Commerzbank Aktiengesellschaft FI now owns 5,754 shares of the company’s stock valued at $727,000 after buying an additional 76 shares during the period. BOKF NA lifted its holdings in Airbnb by 11.0% in the fourth quarter. BOKF NA now owns 787 shares of the company’s stock worth $107,000 after buying an additional 78 shares during the period. Private Advisor Group LLC boosted its position in Airbnb by 1.0% during the 3rd quarter. Private Advisor Group LLC now owns 8,295 shares of the company’s stock valued at $1,007,000 after acquiring an additional 86 shares in the last quarter. FSB Premier Wealth Management Inc. boosted its position in Airbnb by 3.4% during the 4th quarter. FSB Premier Wealth Management Inc. now owns 2,692 shares of the company’s stock valued at $365,000 after acquiring an additional 89 shares in the last quarter. Finally, Norman Fields Gottscho Capital Management LLC grew its holdings in shares of Airbnb by 3.0% during the 2nd quarter. Norman Fields Gottscho Capital Management LLC now owns 3,085 shares of the company’s stock worth $441,000 after acquiring an additional 90 shares during the period. 80.76% of the stock is currently owned by institutional investors.

Airbnb Stock Performance

Shares of ABNB opened at $183.22 on Tuesday. Airbnb, Inc. has a 12 month low of $110.81 and a 12 month high of $193.45. The business’s fifty day simple moving average is $159.78 and its two-hundred day simple moving average is $142.33. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.32. The company has a market cap of $109.71 billion, a price-to-earnings ratio of 41.64, a P/E/G ratio of 2.19 and a beta of 1.14.

Airbnb (NASDAQ:ABNB) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.37 EPS for the quarter, beating the consensus estimate 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 analysts’ expectations of $3.58 billion. During the same period last year, the firm posted $1.03 earnings per share. Airbnb’s revenue was up 16.3% compared to the same quarter last year. Research analysts anticipate that Airbnb, Inc. will post 5.23 earnings per share for the current fiscal year.

Insider Buying and Selling at Airbnb

In other news, Director Joseph Gebbia sold 294,903 shares of the firm’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $148.43, for a total transaction of $43,772,452.29. Following the sale, the director owned 2,622,452 shares of the company’s stock, valued at $389,250,550.36. This trade represents a 10.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Brian Chesky sold 200,000 shares of Airbnb stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $174.79, for a total transaction of $34,958,000.00. Following the completion of the sale, the chief executive officer owned 10,501,685 shares of the company’s stock, valued at $1,835,589,521.15. This represents a 1.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 2,335,437 shares of company stock worth $377,247,531. Company insiders own 27.21% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Barclays increased their price target on shares of Airbnb from $122.00 to $125.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Weiss Ratings raised Airbnb from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, August 21st. Cantor Fitzgerald boosted their target price on Airbnb from $140.00 to $160.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. JPMorgan Chase & Co. increased their target price on Airbnb from $140.00 to $170.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Finally, Sanford C. Bernstein raised their price target on Airbnb from $168.00 to $217.00 and gave the company an “outperform” rating in a report on Monday, August 24th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Airbnb has a consensus rating of “Moderate Buy” and a consensus target price of $175.59.

Key Headlines Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: D.A. Davidson raised its price target on Airbnb to $220 from $175 and reiterated a Buy rating, citing rapid growth in Experiences listings and the company’s partnership with Viator. Experiences listings in tracked cities reportedly increased 30% over three months, strengthening the case for Airbnb’s expansion beyond home rentals. Airbnb Stock Slips as DA Davidson Lifts Target to $220
• Positive Sentiment: Wall Street analysts are making bullish arguments that artificial intelligence, Experiences, and other new growth businesses could reduce the perceived overhang on Airbnb’s core lodging marketplace and support additional long-term growth. ABNB Stock Ticks Higher Overnight: Analyst Sees Overhang Lifting
• Positive Sentiment: Airbnb was among the consumer stocks that posted double-digit gains in August, supported by solid earnings, travel demand, and investor interest in the company’s growth initiatives. 5 Consumer Stocks Bucked August Gloom With Double-Digit Gains
• Neutral Sentiment: Airbnb’s stock has gained roughly 21% to 25% over the past month and about 41% over three months, drawing investor attention but also creating uncertainty over whether to take profits or continue buying after the sharp rerating. Airbnb Just Rallied 21% in a Month: Take Profits, or Buy More?
• Negative Sentiment: Airbnb is reportedly offering select U.S. hosts lower fees to attract more guests. While the move could stimulate demand and bookings, it may also reduce take rates or marketplace revenue per reservation if expanded more broadly. Airbnb Offers Select U.S. Hosts Lower Fees
• Negative Sentiment: An Airbnb insider sold approximately $3.75 million of company stock. The transaction may add modest sentiment pressure, particularly after the recent rally. Airbnb Insider Sells $3.75 Million in Stock

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.