Fideuram Asset Management Ireland dac Purchases New Position in Airbnb, Inc. $ABNB

Fideuram Asset Management Ireland dac purchased a new stake in Airbnb, Inc. (NASDAQ:ABNB) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 5,915 shares of the company’s stock, valued at approximately $821,000.

Several other large investors have also made changes to their positions in the company. Patton Fund Management Inc. grew its stake in shares of Airbnb by 4.3% in the 4th quarter. Patton Fund Management Inc. now owns 1,874 shares of the company’s stock valued at $254,000 after buying an additional 77 shares in the last quarter. BOKF NA lifted its holdings in Airbnb by 11.0% in the 4th quarter. BOKF NA now owns 787 shares of the company’s stock worth $107,000 after purchasing an additional 78 shares during the last quarter. Yoder Wealth Management Inc. lifted its holdings in Airbnb by 0.3% in the 4th quarter. Yoder Wealth Management Inc. now owns 26,389 shares of the company’s stock worth $3,582,000 after purchasing an additional 84 shares during the last quarter. Private Advisor Group LLC lifted its holdings in Airbnb by 1.0% in the 3rd quarter. Private Advisor Group LLC now owns 8,295 shares of the company’s stock worth $1,007,000 after purchasing an additional 86 shares during the last quarter. Finally, Koshinski Asset Management Inc. lifted its holdings in Airbnb by 4.1% in the 3rd quarter. Koshinski Asset Management Inc. now owns 2,226 shares of the company’s stock worth $270,000 after purchasing an additional 87 shares during the last quarter. Institutional investors own 80.76% of the company’s stock.

Airbnb News Summary

Here are the key news stories impacting Airbnb this week:

• Negative Sentiment: CEO Brian Chesky sold 265,746 shares for about $35.1 million, cutting his position by 2.32% and adding to recent selling pressure. SEC filing
• Negative Sentiment: Chesky also sold 229,550 shares for about $30.6 million, trimming another 1.96% from his stake. SEC filing
• Negative Sentiment: A separate 20,000-share sale by the CEO further reinforced the pattern of insider selling around current trading levels. SEC filing
• Negative Sentiment: Director Joseph Gebbia also sold 2,860 shares, adding to the recent stream of insider sales at Airbnb. SEC filing
• Neutral Sentiment: Airbnb expanded its platform with airport pickups, grocery delivery, luggage storage, and car rentals, which could support long-term engagement but is unlikely to move the stock immediately. Article source
• Neutral Sentiment: Airbnb is investing in group travel startup WeRoad through a $58 million Series C round, potentially broadening its travel ecosystem, but the near-term financial impact is still uncertain. Article source

Airbnb Stock Down 0.9%

Shares of ABNB stock opened at $133.31 on Friday. Airbnb, Inc. has a 12 month low of $110.81 and a 12 month high of $147.25. The firm has a market cap of $80.35 billion, a PE ratio of 32.84, a price-to-earnings-growth ratio of 1.43 and a beta of 1.20. The stock has a 50 day moving average of $133.93 and a 200-day moving average of $130.20. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.32.

Airbnb (NASDAQ:ABNB) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $2.62 billion. During the same quarter last year, the firm earned $0.24 earnings per share. The firm’s quarterly revenue was up 17.9% compared to the same quarter last year. On average, equities analysts predict that Airbnb, Inc. will post 4.91 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. Wells Fargo & Company boosted their target price on Airbnb from $178.00 to $181.00 and gave the stock an “overweight” rating in a report on Friday, May 8th. BMO Capital Markets boosted their target price on Airbnb from $130.00 to $140.00 and gave the stock a “market perform” rating in a report on Friday, February 13th. Citizens Jmp boosted their target price on Airbnb from $160.00 to $170.00 and gave the stock a “market outperform” rating in a report on Friday, May 8th. Evercore restated an “outperform” rating on shares of Airbnb in a report on Friday, May 8th. Finally, B. Riley Financial restated a “buy” rating on shares of Airbnb in a report on Friday, May 8th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $157.67.

Insider Transactions at Airbnb

In other 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 transaction, the chief executive officer directly owned 11,206,389 shares in the company, valued at $1,481,708,753.58. The trade was a 2.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Joseph Gebbia sold 58,000 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $140.37, for a total value of $8,141,460.00. Following the transaction, the director owned 54,015 shares of the company’s stock, valued at approximately $7,582,085.55. This trade represents a 51.78% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 972,473 shares of company stock worth $130,966,151 over the last three months. 27.21% of the stock is currently owned by insiders.

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.