Polen Capital Management LLC Has $411.33 Million Position in Airbnb, Inc. $ABNB

Polen Capital Management LLC lowered its position in shares of Airbnb, Inc. (NASDAQ:ABNB) by 23.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,030,730 shares of the company’s stock after selling 943,841 shares during the quarter. Airbnb accounts for about 1.8% of Polen Capital Management LLC’s investment portfolio, making the stock its 21st biggest holding. Polen Capital Management LLC’s holdings in Airbnb were worth $411,331,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Xponance LLC raised its holdings in shares of Airbnb by 5.8% during the fourth quarter. Xponance LLC now owns 112,876 shares of the company’s stock worth $15,320,000 after acquiring an additional 6,211 shares during the period. IFM Investors Pty Ltd boosted its stake in Airbnb by 0.4% in the 4th quarter. IFM Investors Pty Ltd now owns 85,140 shares of the company’s stock worth $11,555,000 after purchasing an additional 323 shares during the period. Meeder Advisory Services Inc. boosted its stake in Airbnb by 4.0% in the 4th quarter. Meeder Advisory Services Inc. now owns 6,676 shares of the company’s stock worth $906,000 after purchasing an additional 258 shares during the period. Ameritas Investment Partners Inc. increased its holdings in Airbnb by 5.3% during the 4th quarter. Ameritas Investment Partners Inc. now owns 19,181 shares of the company’s stock worth $2,603,000 after purchasing an additional 960 shares in the last quarter. Finally, Zions Bancorporation National Association UT raised its stake in shares of Airbnb by 16.7% in the 4th quarter. Zions Bancorporation National Association UT now owns 43,025 shares of the company’s stock valued at $5,839,000 after purchasing an additional 6,143 shares during the period. Institutional investors own 80.76% of the company’s stock.

Airbnb Stock Performance

Shares of NASDAQ ABNB opened at $130.87 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 company has a market capitalization of $78.88 billion, a P/E ratio of 32.23, a P/E/G ratio of 1.38 and a beta of 1.16. Airbnb, Inc. has a 12 month low of $110.81 and a 12 month high of $147.25. The stock has a 50 day moving average of $134.76 and a 200-day moving average of $131.24.

Airbnb (NASDAQ:ABNB) last posted its quarterly 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). Airbnb had a net margin of 19.90% and a return on equity of 31.24%. The business had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.62 billion. During the same quarter last year, the company posted $0.24 EPS. The firm’s revenue was up 17.9% on a year-over-year basis. As a group, equities research analysts predict that Airbnb, Inc. will post 4.91 EPS for the current year.

Insider Buying and Selling at Airbnb

In related news, insider Nathan Blecharczyk sold 60,136 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $145.70, for a total value of $8,761,815.20. Following the transaction, the insider owned 11,920 shares in the company, valued at approximately $1,736,744. This represents a 83.46% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Brian Chesky sold 265,746 shares of the stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $132.22, for a total transaction of $35,136,936.12. Following the completion of the transaction, the chief executive officer directly owned 11,206,389 shares in the company, valued at approximately $1,481,708,753.58. This represents a 2.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,677,117 shares of company stock worth $226,595,468 over the last ninety days. Insiders own 27.21% of the company’s stock.

Airbnb News Roundup

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb shares have been moving higher, with recent trading showing the stock recovering after a period of weakness and attracting renewed investor interest. Article Title
• Positive Sentiment: Analysts remain generally constructive on ABNB, with multiple firms maintaining buy or outperform ratings and the average price target still above the current trading range. Article Title
• Neutral Sentiment: Several articles framed Airbnb as a “trending” or “value” stock, but these pieces were more about investor screening than a clear new catalyst for the shares. Article Title
• Neutral Sentiment: At Airbnb’s annual meeting, shareholders re-elected the board, auditor, and approved executive pay, suggesting governance continuity rather than a major strategic shift. Article Title
• Negative Sentiment: CEO Brian Chesky disclosed another round of stock sales, and repeated insider selling can create a cautious tone for investors even if the transactions are relatively small versus his overall stake. Article Title
• Negative Sentiment: Rising regulatory scrutiny of short-term rentals, including new rules in Cape Town, highlights a broader risk that could pressure Airbnb’s operating model in some markets. Article Title

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Susquehanna upped their price objective on Airbnb from $150.00 to $170.00 and gave the stock a “positive” rating in a research report on Friday, May 8th. Scotiabank started coverage on Airbnb in a research note on Monday, May 4th. They issued an “outperform” rating on the stock. Evercore reaffirmed an “outperform” rating on shares of Airbnb in a research report on Friday, May 8th. Needham & Company LLC began coverage on shares of Airbnb in a research note on Monday, May 4th. They set a “buy” rating for the company. Finally, Truist Financial upgraded shares of Airbnb from a “sell” rating to a “hold” rating and lifted their price objective for the company from $107.00 to $129.00 in a report on Thursday, March 26th. Two research 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. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $157.76.

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.