Airbnb, Inc. $ABNB Stock Acquired by North Dakota State Investment Board

North Dakota State Investment Board raised its stake in shares of Airbnb, Inc. (NASDAQ:ABNB) by 17.9% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 25,948 shares of the company’s stock after purchasing an additional 3,940 shares during the period. North Dakota State Investment Board’s holdings in Airbnb were worth $4,169,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Wellington Management Group LLP raised its stake in shares of Airbnb by 80.6% in the second 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 lifted its holdings in shares of Airbnb by 8.6% in the first 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 in the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Airbnb by 114.6% in the third 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 in the last quarter. Jennison Associates LLC boosted its position in shares of Airbnb by 9,331.0% during the first quarter. Jennison Associates LLC now owns 3,172,959 shares of the company’s stock valued at $400,681,000 after buying an additional 3,139,315 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. boosted its position in shares of 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 valued at $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.

Insider Buying and Selling at Airbnb

In other news, insider Nathan Blecharczyk sold 13,615 shares of the firm’s stock in a transaction 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 completion of the sale, the insider directly owned 20,567 shares of the company’s stock, valued at $3,513,049.27. This trade represents a 39.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO David Bernstein sold 1,369 shares of Airbnb stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $168.01, for a total value of $230,005.69. Following the sale, the chief accounting officer owned 45,655 shares in the company, valued at $7,670,496.55. The trade was a 2.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 1,299,330 shares of company stock valued at $233,111,996. Insiders own 27.21% of the company’s stock.

Key Stories Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb continues to show a stronger revenue profile than some consumer-industry peers, with consistent year-over-year growth over roughly the past eight quarters. Its asset-light marketplace, global reach across more than 220 countries and regions, double-digit revenue growth, and high net margins remain fundamental strengths. Advance Auto Parts vs. Airbnb: Diverging Paths in Revenue Flash a Warning for Investors
• Neutral Sentiment: Recent comparison articles continue to frame Airbnb as a high-margin, capital-light business with a broad global network, but they offer relative-investment analysis rather than new company-specific developments. Airbnb vs. GameStop Airbnb vs. Five Below
• Negative Sentiment: Co-founder Nathan Blecharczyk sold 13,615 shares for approximately $2.33 million, reducing his direct stake by 39.83%. While insider sales do not necessarily signal deteriorating fundamentals, the transaction can weigh on sentiment. SEC insider transaction filing
• Negative Sentiment: A new policy prevents hosts from requiring guests to perform cleaning tasks typically handled by professional cleaners. More than 10,000 hosts have reportedly signed a petition opposing the change, with some considering a booking blackout or higher cleaning fees, creating a risk to listings, pricing, and bookings. Airbnb guests no longer have to wash dishes or strip beds
• Negative Sentiment: Airbnb underperformed the broader market in the latest session, while commentary from Trefis raised concern about the possibility of another decline, reinforcing a cautious near-term outlook. How Big Could Airbnb Stock’s Next Fall Be?

Airbnb Stock Performance

Shares of ABNB opened at $166.04 on Thursday. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $99.42 billion, a price-to-earnings ratio of 37.74, a PEG ratio of 1.97 and a beta of 1.24. The stock has a 50 day moving average of $171.20 and a 200 day moving average of $146.41. Airbnb, Inc. has a 12 month low of $110.81 and a 12 month high of $193.45.

Airbnb (NASDAQ:ABNB) last issued its quarterly earnings results on Thursday, August 6th. The company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.11. Airbnb had a return on equity of 33.38% and a net margin of 20.45%. The business had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.58 billion. During the same period last year, the company posted $1.03 earnings per share. Airbnb’s quarterly revenue was up 16.3% compared to the same quarter last year. As a group, sell-side analysts forecast that Airbnb, Inc. will post 5.29 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages recently issued reports on ABNB. Citigroup reiterated a “market outperform” rating on shares of Airbnb in a report on Friday, September 18th. Bank of America raised their price objective on Airbnb from $160.00 to $175.00 in a research note on Friday, August 7th. Truist Financial raised their price objective on Airbnb from $134.00 to $161.00 and gave the company a “hold” rating in a research note on Thursday, September 10th. HSBC lifted their price objective on shares of Airbnb from $162.00 to $177.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Finally, B. Riley Financial reiterated a “buy” rating and issued a $210.00 target price (up from $180.00) on shares of Airbnb in a research note 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’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $182.43.

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.