Envestnet Asset Management Inc. Sells 107,231 Shares of Airbnb, Inc. $ABNB

Envestnet Asset Management Inc. decreased its stake in shares of Airbnb, Inc. (NASDAQ:ABNB) by 8.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,154,000 shares of the company’s stock after selling 107,231 shares during the quarter. Envestnet Asset Management Inc. owned about 0.19% of Airbnb worth $140,119,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of ABNB. Penserra Capital Management LLC grew its position in shares of Airbnb by 8.7% during the third quarter. Penserra Capital Management LLC now owns 30,564 shares of the company’s stock valued at $3,709,000 after purchasing an additional 2,435 shares in the last quarter. Atlantic Union Bankshares Corp lifted its position in shares of Airbnb by 5.4% in the third quarter. Atlantic Union Bankshares Corp now owns 6,718 shares of the company’s stock worth $816,000 after buying an additional 343 shares in the last quarter. Syntax Research Inc. bought a new position in Airbnb during the third quarter valued at approximately $1,865,000. Jones Financial Companies Lllp grew its holdings in Airbnb by 12.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 12,465 shares of the company’s stock valued at $1,542,000 after buying an additional 1,393 shares in the last quarter. Finally, Convergence Investment Partners LLC purchased a new position in Airbnb during the 3rd quarter valued at approximately $485,000. 80.76% of the stock is currently owned by institutional investors.

Airbnb Stock Performance

Shares of NASDAQ ABNB opened at $122.18 on Friday. The firm has a market capitalization of $75.21 billion, a price-to-earnings ratio of 29.02, a PEG ratio of 1.87 and a beta of 1.15. The stock has a 50 day moving average price of $131.33 and a 200 day moving average price of $126.99. Airbnb, Inc. has a 52-week low of $99.88 and a 52-week high of $163.93.

Airbnb (NASDAQ:ABNB) last released its quarterly earnings data on Thursday, November 6th. The company reported $2.21 EPS for the quarter, missing the consensus estimate of $2.31 by ($0.10). Airbnb had a return on equity of 32.14% and a net margin of 22.03%.The firm had revenue of $4.10 billion for the quarter, compared to analysts’ expectations of $4.08 billion. During the same quarter in the previous year, the business earned $2.13 earnings per share. The company’s revenue for the quarter was up 9.9% compared to the same quarter last year. Analysts forecast that Airbnb, Inc. will post 4.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ABNB has been the topic of a number of recent research reports. Wedbush decreased their price target on shares of Airbnb from $135.00 to $130.00 and set a “neutral” rating on the stock in a research note on Friday. B. Riley Financial raised Airbnb from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $140.00 to $170.00 in a research note on Monday, January 12th. Jefferies Financial Group raised their price objective on Airbnb from $160.00 to $165.00 and gave the company a “buy” rating in a research note on Friday, December 5th. KeyCorp assumed coverage on Airbnb in a report on Thursday, October 23rd. They issued a “sector weight” rating for the company. Finally, UBS Group raised their price target on Airbnb from $147.00 to $149.00 and gave the stock a “neutral” rating in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, nineteen have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $148.85.

Airbnb News Summary

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Analyst upgrade: Citizens (JMP) recently upgraded ABNB to “outperform” and set a $160 price target, which supports upside expectations and buying interest. Citizens Upgrade
• Positive Sentiment: Analyst optimism / valuation checks: Several outlets note analyst upgrades and coverage that signal growing confidence in ABNB’s growth outlook, which can buoy the stock. Yahoo Valuation Check
• Neutral Sentiment: Insider transaction: CFO Elinor Mertz sold 3,750 shares at about $130 on Feb. 2. The sale is small relative to her holdings and may be routine diversification rather than a signal of company fundamentals. SEC Filing
• Neutral Sentiment: Short-interest reporting appears flat/ambiguous (reported as effectively zero), likely a data/reporting artifact — short-selling pressure is not a clear driver today.
• Neutral Sentiment: Trending coverage: Zacks and MarketBeat pieces highlight ABNB as a widely watched, “trending” stock; increased attention raises volatility but is not a directional catalyst by itself. Zacks Trending Stock
• Negative Sentiment: Price-target cut: Wedbush lowered its price target from $135 to $130 and moved to a “neutral” rating, removing some near-term upside and weighing on sentiment. The Fly: Wedbush Cut
• Negative Sentiment: Valuation concerns: Analysis pieces warn that ABNB’s current valuation leaves limited room for execution error (hotel expansion and growth execution risks), which increases downside sensitivity if growth slows. Seeking Alpha Valuation Note
• Negative Sentiment: Institutional trimming: Reports of ARK and other funds trimming positions have pressured sentiment even if some moves reflect ETF rebalancing rather than conviction-based selling. TipRanks / ARK Trades

Insider Buying and Selling at Airbnb

In other Airbnb news, CTO Aristotle N. Balogh sold 2,565 shares of the stock in a transaction on Friday, December 19th. The stock was sold at an average price of $134.79, for a total transaction of $345,736.35. Following the sale, the chief technology officer owned 165,086 shares of the company’s stock, valued at approximately $22,251,941.94. This trade represents a 1.53% 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, CFO Elinor Mertz sold 3,750 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $130.00, for a total value of $487,500.00. Following the completion of the transaction, the chief financial officer directly owned 410,530 shares of the company’s stock, valued at approximately $53,368,900. The trade was a 0.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,206,022 shares of company stock valued at $148,582,096 in the last ninety days. 27.91% of the stock is 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.