iA Global Asset Management Inc. increased its position in shares of Airbnb, Inc. (NASDAQ:ABNB – Free Report) by 10.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,177 shares of the company’s stock after purchasing an additional 5,299 shares during the period. iA Global Asset Management Inc.’s holdings in Airbnb were worth $7,347,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Transamerica Financial Advisors LLC raised its stake 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 buying an additional 112 shares in the last quarter. ORG Partners LLC boosted its stake in Airbnb by 97.0% during the fourth quarter. ORG Partners LLC now owns 195 shares of the company’s stock valued at $26,000 after buying an additional 96 shares in the last quarter. Entrust Financial LLC acquired a new position in Airbnb during the fourth quarter worth about $27,000. Aster Capital Management DIFC Ltd acquired a new position in Airbnb during the third quarter worth about $25,000. Finally, Aventura Private Wealth LLC bought a new stake in Airbnb in the fourth quarter worth about $29,000. 80.76% of the stock is owned by institutional investors.
Airbnb Stock Performance
Shares of ABNB stock opened at $147.31 on Thursday. Airbnb, Inc. has a 1-year low of $110.81 and a 1-year high of $150.19. 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 company has a market capitalization of $88.79 billion, a price-to-earnings ratio of 36.28, a P/E/G ratio of 1.53 and a beta of 1.14. The stock’s fifty day simple moving average is $137.65 and its 200-day simple moving average is $133.33.
Insider Activity at Airbnb
In related news, insider Nathan Blecharczyk sold 31,033 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $146.43, for a total transaction of $4,544,162.19. Following the completion of the sale, the insider directly owned 77,600 shares in the company, valued at approximately $11,362,968. This trade represents a 28.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Joseph Gebbia sold 294,903 shares of the business’s stock in a transaction that occurred on 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 transaction, the director directly owned 2,622,452 shares in the company, valued at $389,250,550.36. The trade was a 10.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,339,621 shares of company stock valued at $322,629,605 over the last ninety days. 27.21% of the stock is owned by company insiders.
Trending Headlines about Airbnb
Here are the key news stories impacting Airbnb this week:
- Positive Sentiment: Robert W. Baird raised its price target on Airbnb to $160 from $150 and reiterated an Outperform rating, adding to the bullish case that travel demand and product expansion can keep driving growth.
- Positive Sentiment: Airbnb recently hit a new 12-month high after an analyst upgrade, showing that investors remain willing to bid up the stock on improving Wall Street sentiment.
- Positive Sentiment: Strength across travel stocks has also helped ABNB, as investors rotate back into the sector and look for continued post-pandemic travel spending resilience.
- Neutral Sentiment: Bank of America Securities maintained a Hold rating and said Airbnb’s hotel expansion is only a modest near-term driver, which supports the stock but does not point to a major catalyst right away. Article: Airbnb Maintained at Hold as Hotel Expansion Seen as Modest Near-Term Driver; $150 Price Target Reaffirmed
- Neutral Sentiment: Airbnb’s shares also rose in recent trading, but the move lagged the broader market, suggesting steady interest without a strong breakout. Article: Airbnb Inc. Cl A stock rises Monday, still underperforms market
- Negative Sentiment: Director Joseph Gebbia sold 294,903 shares worth about $43.8 million, reducing his position by 10.1%, which can pressure sentiment when a large insider trims exposure.
- Negative Sentiment: Co-founder Nathan Blecharczyk sold 31,033 shares worth about $4.5 million, cutting his stake by 28.6% and adding to the recent wave of insider selling.
- Negative Sentiment: Airbnb must still face a Los Angeles lawsuit alleging price gouging during the 2025 wildfires, creating legal and reputational risk that could weigh on the stock. Article: Airbnb must face Los Angeles lawsuit alleging price gouging during 2025 wildfires
Wall Street Analyst Weigh In
A number of equities research analysts have weighed in on the stock. Evercore reissued an “outperform” rating on shares of Airbnb in a report on Friday, May 8th. HC Wainwright upgraded shares of Airbnb to a “buy” rating in a report on Monday, May 4th. Scotiabank initiated coverage on shares of Airbnb in a research note on Monday, May 4th. They set an “outperform” rating for the company. DA Davidson raised their target price on shares of Airbnb from $150.00 to $162.00 and gave the stock a “buy” rating in a report on Monday, May 11th. Finally, CICC Research initiated coverage on shares of Airbnb in a research report on Friday, June 5th. They issued an “outperform” rating and a $165.00 price target on the stock. Two analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $158.36.
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.
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