Airbnb, Inc. $ABNB Shares Sold by Geo Capital Gestora de Recursos Ltd

Geo Capital Gestora de Recursos Ltd lessened its stake in Airbnb, Inc. (NASDAQ:ABNB) by 15.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 23,441 shares of the company’s stock after selling 4,249 shares during the quarter. Airbnb makes up 6.6% of Geo Capital Gestora de Recursos Ltd’s holdings, making the stock its 5th biggest position. Geo Capital Gestora de Recursos Ltd’s holdings in Airbnb were worth $3,181,000 as of its most recent filing with the Securities and Exchange Commission.

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

Airbnb Trading Up 1.1%

Shares of ABNB stock opened at $132.28 on Friday. The company has a market cap of $79.73 billion, a PE ratio of 32.58, a price-to-earnings-growth ratio of 1.40 and a beta of 1.16. The stock’s 50 day simple moving average is $134.91 and its two-hundred day simple moving average is $131.25. Airbnb, Inc. has a 1 year low of $110.81 and a 1 year high of $147.25. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.44 and a quick ratio of 1.44.

Airbnb (NASDAQ:ABNB) last released its 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 net margin of 19.90% and a return on equity of 31.24%. The business had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.62 billion. During the same period in the prior year, the company posted $0.24 EPS. The company’s quarterly revenue was up 17.9% compared to the same quarter last year. Research analysts predict that Airbnb, Inc. will post 4.91 earnings per share for the current year.

Insider Buying and Selling at Airbnb

In other Airbnb news, CFO Elinor Mertz sold 7,433 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $136.24, for a total transaction of $1,012,671.92. Following the sale, the chief financial officer owned 449,040 shares of the company’s stock, valued at approximately $61,177,209.60. This trade represents a 1.63% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Joseph Gebbia sold 265,000 shares of the stock in a transaction on Monday, June 1st. The shares were sold at an average price of $135.45, for a total value of $35,894,250.00. Following the sale, the director owned 3,182,355 shares of the company’s stock, valued at approximately $431,049,984.75. This represents a 7.69% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 1,677,117 shares of company stock valued at $226,595,468. 27.21% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

ABNB has been the subject of a number of recent analyst reports. Truist Financial upgraded Airbnb from a “sell” rating to a “hold” rating and upped their price objective for the company from $107.00 to $129.00 in a research note on Thursday, March 26th. Argus raised Airbnb to a “strong-buy” rating in a research report on Tuesday, February 17th. Scotiabank began coverage on Airbnb in a research note on Monday, May 4th. They issued an “outperform” rating on the stock. Weiss Ratings upgraded Airbnb from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, May 12th. Finally, Cantor Fitzgerald upgraded Airbnb from a “neutral” rating to an “overweight” rating in a research report on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $157.76.

Key Stories Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Motley Fool articles argue Airbnb remains a top growth stock, citing its strong network effect, large base of hosts and travelers, and ongoing product innovation that could support long-term user engagement and revenue growth. Article Title
• Positive Sentiment: Investor sentiment also looks supported by news that CEO Brian Chesky is launching a new AI venture focused on rethinking user interaction and design, which could signal fresh innovation around the Airbnb ecosystem. Article Title
• Neutral Sentiment: Airbnb shareholders recently reaffirmed the board, auditor, and executive pay packages at the annual meeting, a routine governance update that does not appear to materially change the investment case. Article Title
• Negative Sentiment: CEO Brian Chesky disclosed additional share sales, adding to recent insider selling and potentially raising concerns about management confidence or near-term valuation. Article Title
• Negative Sentiment: Broader regulatory pressure on short-term rentals, such as new rules being discussed in Cape Town, could add to the long-term policy risk facing Airbnb’s business model. Article Title

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.