5,685 Shares in Airbnb, Inc. $ABNB Purchased by Provenance Wealth Advisors LLC

Provenance Wealth Advisors LLC acquired a new position in shares of Airbnb, Inc. (NASDAQ:ABNB) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 5,685 shares of the company’s stock, valued at approximately $913,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Carmignac Gestion increased its holdings in shares of Airbnb by 40.8% in the 1st quarter. Carmignac Gestion now owns 659,570 shares of the company’s stock worth $83,290,000 after acquiring an additional 191,200 shares during the period. OMERS ADMINISTRATION Corp lifted its position in Airbnb by 21.7% in the 1st quarter. OMERS ADMINISTRATION Corp now owns 42,696 shares of the company’s stock valued at $5,392,000 after purchasing an additional 7,613 shares during the last quarter. ZWJ Investment Counsel Inc. lifted its position in Airbnb by 16.5% in the 3rd quarter. ZWJ Investment Counsel Inc. now owns 85,116 shares of the company’s stock valued at $13,674,000 after purchasing an additional 12,025 shares during the last quarter. Assenagon Asset Management S.A. boosted its stake in Airbnb by 114.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 3,401,521 shares of the company’s stock valued at $546,454,000 after purchasing an additional 1,816,522 shares during the period. Finally, Plato Investment Management Ltd acquired a new position in Airbnb during the 2nd quarter valued at about $3,070,000. 80.76% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider Nathan Blecharczyk sold 13,615 shares of the business’s stock in a transaction that occurred on Monday, October 26th. The stock was sold at an average price of $170.81, for a total transaction of $2,325,578.15. Following the sale, the insider owned 20,567 shares of the company’s stock, valued at $3,513,049.27. The trade was a 39.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO David C. Bernstein sold 1,756 shares of the business’s stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $167.38, for a total value of $293,919.28. Following the sale, the chief accounting officer directly owned 43,899 shares in the company, valued at approximately $7,347,814.62. The trade was a 3.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 1,283,723 shares of company stock valued at $230,764,440. Company insiders own 27.21% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Oppenheimer upped their target price on shares of Airbnb from $190.00 to $210.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 27th. KeyCorp assumed coverage on Airbnb in a report on Friday, October 2nd. They set a “sector weight” rating on the stock. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $190.00 price target (up from $175.00) on shares of Airbnb in a report on Monday, August 31st. Susquehanna boosted their price objective on Airbnb from $170.00 to $200.00 and gave the stock a “positive” rating in a research report on Friday, August 7th. Finally, Piper Sandler set a $150.00 price objective on Airbnb in a report on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $182.65.

Key Headlines Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb has added more than 1 million listings to American Express Travel. Eligible U.S. cardholders can earn Membership Rewards points and receive statement credits on qualifying Airbnb bookings, giving the company access to Amex’s travel customers and a potential new booking channel. Airbnb brings over 1 million listings to a major card travel portal
• Positive Sentiment: UBS raised its price target to $181 from $172, while keeping a neutral rating. The higher target is a modestly supportive analyst signal, though the neutral rating indicates limited conviction. UBS price-target update
• Neutral Sentiment: Investors are looking for Q3 updates on travel demand, bookings, and AI-related improvements. Previews see these as potential supports for results, but note that higher costs could weigh on margins; the actual results are due Nov. 5. Airbnb to report Q3 earnings: what’s in store for the stock?
• Negative Sentiment: Options-market data cited by Barchart suggests investors are bracing for a potentially downward move after earnings. This reflects event risk and expectations—not a confirmed forecast of Airbnb’s results or share-price direction. Barchart options data ahead of earnings
• Negative Sentiment: CEO Brian Chesky said his “founder mode” leadership approach contributed to the departure of executives who did not want to work under it. The comments may draw attention to leadership and retention risks, although they describe past challenges. Airbnb CEO discusses founder mode and executive departures
• Negative Sentiment: Chief Accounting Officer David Bernstein sold 1,756 shares, reducing his holdings by 3.85%. He still owns 43,899 shares, so the sale is a limited insider signal. SEC filing on David Bernstein’s stock sale

Airbnb Stock Performance

ABNB stock opened at $176.37 on Thursday. The company has a 50-day simple moving average of $169.32 and a 200 day simple moving average of $147.22. The company has a market capitalization of $105.61 billion, a P/E ratio of 40.08, a PEG ratio of 1.91 and a beta of 1.26. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.32. Airbnb, Inc. has a fifty-two week low of $110.81 and a fifty-two week high of $193.45.

Airbnb (NASDAQ:ABNB) last released its earnings results on Thursday, August 6th. The company reported $1.37 EPS for the quarter, beating the consensus estimate of $1.26 by $0.11. Airbnb had a net margin of 20.45% and a return on equity of 33.38%. The firm had revenue of $3.61 billion for the quarter, compared to analysts’ expectations of $3.58 billion. During the same quarter last year, the company earned $1.03 EPS. Airbnb’s quarterly revenue was up 16.3% on a year-over-year basis. Sell-side analysts predict that Airbnb, Inc. will post 5.29 earnings per share for the current fiscal year.

Airbnb Profile

Airbnb, Inc operates a global online marketplace that connects guests seeking accommodations and travel activities with hosts and service providers. Its platform enables users to search for, book and review a broad range of stays, including private rooms, entire homes, apartments and other distinctive properties.

In addition to lodging, Airbnb offers experiences and activities hosted by local individuals and businesses. The company also provides tools and services that help hosts create listings, manage bookings, communicate with guests and receive payments.