Oxbow Advisors LLC Buys 27,793 Shares of Airbnb, Inc. $ABNB

Oxbow Advisors LLC grew its stake in Airbnb, Inc. (NASDAQ:ABNB) by 122.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 50,414 shares of the company’s stock after buying an additional 27,793 shares during the period. Oxbow Advisors LLC’s holdings in Airbnb were worth $6,842,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. NewEdge Wealth LLC boosted its holdings in Airbnb by 3.7% in the fourth quarter. NewEdge Wealth LLC now owns 14,265 shares of the company’s stock valued at $1,936,000 after acquiring an additional 513 shares during the last quarter. Crossmark Global Holdings Inc. raised its holdings in Airbnb by 19.0% during the 4th quarter. Crossmark Global Holdings Inc. now owns 110,622 shares of the company’s stock worth $15,014,000 after purchasing an additional 17,663 shares during the last quarter. Ethic Inc. raised its holdings in Airbnb by 14.8% during the 4th quarter. Ethic Inc. now owns 46,854 shares of the company’s stock worth $6,359,000 after purchasing an additional 6,029 shares during the last quarter. Buck Wealth Strategies LLC acquired a new position in shares of Airbnb in the 4th quarter worth approximately $204,000. Finally, Anfield Capital Management LLC lifted its position in shares of Airbnb by 1,176.6% in the 4th quarter. Anfield Capital Management LLC now owns 600 shares of the company’s stock worth $81,000 after purchasing an additional 553 shares during the period. 80.76% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Airbnb

In other news, insider Nathan Blecharczyk sold 24,788 shares of the firm’s stock in a transaction dated Wednesday, April 22nd. The stock was sold at an average price of $145.86, for a total value of $3,615,577.68. Following the completion of the sale, the insider directly owned 11,920 shares in the company, valued at $1,738,651.20. This trade represents a 67.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Joseph Gebbia sold 58,000 shares of the business’s stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $126.16, for a total value of $7,317,280.00. Following the completion of the sale, the director directly owned 170,015 shares of the company’s stock, valued at $21,449,092.40. The trade was a 25.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 457,075 shares of company stock worth $60,358,795 in the last three months. Insiders own 27.21% of the company’s stock.

Airbnb News Roundup

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Citigroup, RBC, Citizens JMP, and Susquehanna all raised their price targets on Airbnb and maintained bullish or positive ratings, signaling Wall Street sees more upside after the latest earnings and guidance update. Analyst price target upgrades for Airbnb
• Positive Sentiment: Airbnb’s Q1 revenue came in above expectations and the company lifted its full-year sales outlook, reinforcing the view that travel demand remains healthy despite macro and geopolitical noise. Airbnb Raises Outlook, Citing Resilient Travel Demand
• Positive Sentiment: Management said AI is improving efficiency across the business, with Airbnb noting that AI now writes a large share of new code and may reshape job roles, which could support margins over time. Airbnb says AI now writes 60% of its new code
• Positive Sentiment: Several analysts reiterated buy or outperform views, and broker sentiment remains moderately bullish overall, which can help support the stock near current levels. Airbnb maintained at Buy by Citi
• Neutral Sentiment: Airbnb beat revenue estimates but missed earnings per share expectations, creating a mixed headline that limits enthusiasm even as top-line growth stays strong. Airbnb beats expectations for revenue and gross bookings value
• Neutral Sentiment: Comments about elevated cancellations in EMEA and Asia-Pacific due to the Middle East conflict add uncertainty, but they do not yet appear to be derailing demand overall. Airbnb tops revenue estimates, but Middle East cancellations rise due to Iran war
• Negative Sentiment: The company still missed profit estimates, which reminds investors that earnings leverage remains uneven despite solid revenue growth. Airbnb misses profit estimates despite revenue beat

Airbnb Stock Up 0.7%

Airbnb stock opened at $141.49 on Friday. The company has a market capitalization of $86.13 billion, a PE ratio of 34.85, a PEG ratio of 1.72 and a beta of 1.20. Airbnb, Inc. has a 12-month low of $110.81 and a 12-month high of $147.25. The firm’s fifty day moving average is $133.41 and its 200 day moving average is $129.30.

Airbnb (NASDAQ:ABNB) last posted 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 30.71% and a net margin of 19.90%.The company had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.62 billion. During the same quarter in the previous year, the business posted $0.24 earnings per share. The company’s revenue for the quarter was up 17.9% compared to the same quarter last year. Sell-side analysts expect that Airbnb, Inc. will post 4.97 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ABNB. Raymond James Financial upgraded shares of Airbnb from a “market perform” rating to a “strong-buy” rating in a research report on Monday, May 4th. B. Riley Financial restated a “buy” rating on shares of Airbnb in a report on Friday. Rodman & Renshaw initiated coverage on Airbnb in a report on Monday, May 4th. They set a “buy” rating for the company. Weiss Ratings reissued a “hold (c)” rating on shares of Airbnb in a research report on Monday, April 20th. Finally, Benchmark boosted their price objective on Airbnb from $145.00 to $160.00 and gave the company a “buy” rating in a research note on Friday. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $157.04.

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.