BBR Partners LLC Buys Shares of 26,594 Airbnb, Inc. $ABNB

BBR Partners LLC bought a new stake in shares of Airbnb, Inc. (NASDAQ:ABNB) during the fourth quarter, Holdings Channel.com reports. The fund bought 26,594 shares of the company’s stock, valued at approximately $3,609,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Harvest Fund Management Co. Ltd raised its holdings in Airbnb by 24.5% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 33,084 shares of the company’s stock valued at $4,490,000 after acquiring an additional 6,512 shares during the period. J.W. Cole Advisors Inc. raised its holdings in Airbnb by 9.0% during the 4th quarter. J.W. Cole Advisors Inc. now owns 6,964 shares of the company’s stock valued at $944,000 after acquiring an additional 576 shares during the period. Prudential PLC raised its holdings in Airbnb by 34.3% during the 4th quarter. Prudential PLC now owns 16,173 shares of the company’s stock valued at $2,195,000 after acquiring an additional 4,132 shares during the period. Daiwa Securities Group Inc. increased its holdings in shares of Airbnb by 5.0% in the fourth quarter. Daiwa Securities Group Inc. now owns 182,272 shares of the company’s stock worth $24,738,000 after purchasing an additional 8,736 shares during the period. Finally, State of Wyoming bought a new position in shares of Airbnb in the fourth quarter worth $74,000. Institutional investors own 80.76% of the company’s stock.

Insiders Place Their Bets

In other Airbnb news, CFO Elinor Mertz sold 7,433 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $136.24, for a total value of $1,012,671.92. Following the completion of the sale, the chief financial officer directly owned 449,040 shares in the company, valued at $61,177,209.60. This trade represents a 1.63% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CEO Brian Chesky sold 62,764 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $134.00, for a total transaction of $8,410,376.00. Following the completion of the sale, the chief executive officer owned 10,855,175 shares of the company’s stock, valued at $1,454,593,450. This trade represents a 0.57% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,612,370 shares of company stock worth $217,546,338 over the last three months. Company insiders own 27.21% of the company’s stock.

More Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Brokerages continue to rate Airbnb at an average of “Moderate Buy,” signaling that analysts remain broadly constructive on the company’s outlook. Airbnb, Inc. (NASDAQ:ABNB) Given Average Rating of “Moderate Buy” by Brokerages
• Positive Sentiment: CEO Brian Chesky’s plans to start an AI venture could be seen as strategically important if Airbnb applies new AI tools to product design, personalization, or user experience. Airbnb CEO Brian Chesky Plans to Start a New AI Company
• Positive Sentiment: Institutional ownership remains high, suggesting continued support from large investors and reducing concerns about broad-based selling pressure.
• Neutral Sentiment: Airbnb’s latest quarter showed strong revenue growth but an EPS miss, making the stock reaction more dependent on whether investors focus on growth or profitability.
• Neutral Sentiment: Analysts’ consensus price target remains well above the current trading range, which leaves room for upside but does not guarantee near-term movement.
• Negative Sentiment: CEO Brian Chesky sold 62,764 shares, and Director Joseph Gebbia sold 265,000 shares, which can pressure sentiment because insider selling sometimes signals limited near-term upside. SEC filing for Joseph Gebbia sale SEC filing for Brian Chesky sales
• Negative Sentiment: Airbnb recently missed analyst EPS estimates, keeping some pressure on the stock as investors assess whether margins can keep up with revenue growth.

Wall Street Analyst Weigh In

ABNB has been the topic of several research analyst reports. HSBC cut shares of Airbnb from a “hold” rating to a “hold” rating in a report on Monday, May 4th. Robert W. Baird set a $150.00 price target on shares of Airbnb in a report on Friday, May 8th. Mizuho upped their target price on shares of Airbnb from $156.00 to $175.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $170.00 target price on shares of Airbnb in a research report on Friday, May 8th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Airbnb in a research report on Friday, May 22nd. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $157.67.

Airbnb Stock Performance

Airbnb stock opened at $133.72 on Friday. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.32. The firm has a 50-day moving average of $134.28 and a 200-day moving average of $130.63. The firm has a market cap of $80.59 billion, a P/E ratio of 32.94, a P/E/G ratio of 1.43 and a beta of 1.16. Airbnb, Inc. has a 1-year low of $110.81 and a 1-year high of $147.25.

Airbnb (NASDAQ:ABNB) last posted its earnings results on Thursday, May 7th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.05). The firm had revenue of $2.68 billion for the quarter, compared to analysts’ expectations of $2.62 billion. Airbnb had a return on equity of 31.24% and a net margin of 19.90%.The business’s revenue for the quarter was up 17.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.24 earnings per share. Sell-side analysts expect that Airbnb, Inc. will post 4.91 EPS for the current year.

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.