Insider Selling: Airbnb (NASDAQ:ABNB) Insider Sells 13,625 Shares of Stock

Airbnb, Inc. (NASDAQ:ABNB – Get Free Report) insider Nathan Blecharczyk sold 13,625 shares of the business’s stock in a transaction dated Monday, November 9th. The shares were sold at an average price of $194.37, for a total value of $2,648,291.25. Following the completion of the sale, the insider owned 20,567 shares in the company, valued at approximately $3,997,607.79. This trade represents a 39.85% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Nathan Blecharczyk also recently made the following trade(s):

  • On Friday, November 6th, Nathan Blecharczyk sold 100,889 shares of Airbnb stock. The stock was sold at an average price of $190.83, for a total value of $19,252,647.87.
  • On Monday, October 26th, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The stock was sold at an average price of $170.81, for a total value of $2,325,578.15.
  • On Monday, October 12th, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The shares were sold at an average price of $165.18, for a total value of $2,248,925.70.
  • On Monday, September 28th, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The shares were sold at an average price of $156.82, for a total value of $2,135,104.30.
  • On Monday, September 14th, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The shares were sold at an average price of $172.36, for a total value of $2,346,681.40.
  • On Monday, August 31st, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The stock was sold at an average price of $187.27, for a total value of $2,549,681.05.
  • On Friday, August 28th, Nathan Blecharczyk sold 57,160 shares of Airbnb stock. The stock was sold at an average price of $190.71, for a total value of $10,900,983.60.
  • On Wednesday, August 26th, Nathan Blecharczyk sold 19,659 shares of Airbnb stock. The stock was sold at an average price of $190.73, for a total transaction of $3,749,561.07.
  • On Tuesday, August 25th, Nathan Blecharczyk sold 202,652 shares of Airbnb stock. The shares were sold at an average price of $190.28, for a total transaction of $38,560,622.56.
  • On Monday, August 24th, Nathan Blecharczyk sold 150,640 shares of Airbnb stock. The stock was sold at an average price of $190.94, for a total transaction of $28,763,201.60.

Airbnb Stock Down 1.8%

Shares of ABNB stock traded down $3.39 during trading on Tuesday, reaching $186.90. The company’s stock had a trading volume of 4,443,993 shares, compared to its average volume of 4,454,430. Airbnb, Inc. has a one year low of $110.81 and a one year high of $197.87. The business has a fifty day moving average price of $169.16 and a 200-day moving average price of $148.26. The company has a market cap of $111.91 billion, a price-to-earnings ratio of 34.93, a price-to-earnings-growth ratio of 2.03 and a beta of 1.26. The company has a quick ratio of 1.73, a current ratio of 1.73 and a debt-to-equity ratio of 0.25.

Airbnb (NASDAQ:ABNB – Get Free Report) last released its earnings results on Thursday, November 5th. The company reported $3.16 earnings per share for the quarter, beating analysts’ consensus estimates of $2.85 by $0.31. Airbnb had a net margin of 23.02% and a return on equity of 38.94%. The business had revenue of $4.87 billion during the quarter, compared to the consensus estimate of $4.75 billion. During the same quarter last year, the firm earned $2.21 earnings per share. The firm’s revenue for the quarter was up 18.9% compared to the same quarter last year. Analysts anticipate that Airbnb, Inc. will post 5.47 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Citizens Jmp raised their price objective on Airbnb from $190.00 to $200.00 and gave the company a “market outperform” rating in a report on Friday, September 18th. Rothschild & Co Redburn upgraded Airbnb from a “sell” rating to a “neutral” rating and upped their target price for the stock from $135.00 to $190.00 in a report on Monday. Raymond James Financial reiterated an “outperform” rating on shares of Airbnb in a report on Tuesday, November 3rd. Citigroup increased their price target on Airbnb from $193.00 to $227.00 and gave the company a “buy” rating in a research report on Friday. Finally, Canaccord Genuity Group raised their price target on Airbnb from $200.00 to $225.00 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-seven have issued a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Airbnb currently has a consensus rating of “Moderate Buy” and an average target price of $195.46.

Read Our Latest Analysis on Airbnb

Key Stories Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

  • Positive Sentiment: Airbnb reported third-quarter earnings and revenue above analyst expectations, with revenue up 18.9% year over year, and authorized a $12 billion share repurchase program. The results and buyback helped lift shares previously. Why Airbnb stock is up today
  • Positive Sentiment: CEO Brian Chesky said AI-assistant improvements reduced customer-support cost per booking by 17% year over year, pointing to potential efficiency gains and margin support. Airbnb reduces customer support cost per booking
  • Positive Sentiment: Rothschild Redburn upgraded Airbnb from “sell” to “neutral” and raised its price target from $135 to $190, acknowledging its prior cautious view had been wrong over the past year. Redburn revises its Airbnb stance
  • Neutral Sentiment: Airbnb and other platforms report very little use of third-party AI agents to book travel or handle errands so far. That suggests limited near-term disruption, but also indicates AI-agent bookings are not yet a meaningful growth driver. AI agents see little use on travel platforms
  • Negative Sentiment: Travel stocks, including Airbnb, came under pressure after reports that OpenAI acquired AI travel-planning platform Odessia. Investors may worry that AI companies could become stronger competitors in travel discovery and bookings. Travel stocks fall on OpenAI acquisition report

Institutional Trading of Airbnb

Large investors have recently added to or reduced their stakes in the company. Wellington Management Group LLP increased its stake in shares of Airbnb by 80.6% during the 2nd quarter. Wellington Management Group LLP now owns 5,785,665 shares of the company’s stock worth $827,929,000 after purchasing an additional 2,581,539 shares during the last quarter. Amundi raised its holdings in shares of Airbnb by 8.6% in the 1st quarter. Amundi now owns 4,686,765 shares of the company’s stock valued at $591,845,000 after purchasing an additional 370,426 shares during the period. Assenagon Asset Management S.A. grew its holdings in Airbnb by 114.6% during the third quarter. Assenagon Asset Management S.A. now owns 3,401,521 shares of the company’s stock worth $546,454,000 after purchasing an additional 1,816,522 shares during the period. Jennison Associates LLC increased its position in Airbnb by 9,331.0% during the first quarter. Jennison Associates LLC now owns 3,172,959 shares of the company’s stock worth $400,681,000 after buying an additional 3,139,315 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its position in Airbnb by 61.1% during the third quarter. Robeco Institutional Asset Management B.V. now owns 2,201,279 shares of the company’s stock worth $353,635,000 after buying an additional 835,208 shares during the last quarter. Institutional investors and hedge funds own 80.76% of the company’s stock.

About Airbnb

(Get Free Report)

Airbnb operates an online marketplace that connects travelers with hosts offering short-term stays and other travel-related services. Listings include apartments, houses, rooms and distinctive accommodations, with options ranging from brief visits to longer stays. The platform also offers bookable experiences in destinations around the world. Founded in 2007 in San Francisco, Airbnb was started by Brian Chesky, Nathan Blecharczyk and Joe Gebbia. The company serves guests and hosts in more than 220 countries and regions, providing tools for listing properties, managing reservations and handling payments.

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Insider Buying and Selling by Quarter for Airbnb (NASDAQ:ABNB)

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