Airbnb, Inc. $ABNB Shares Bought by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. grew its position in Airbnb, Inc. (NASDAQ:ABNB) by 110.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 43,108 shares of the company’s stock after acquiring an additional 22,594 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Airbnb were worth $5,705,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Kentucky Trust Co purchased a new stake in Airbnb in the 2nd quarter valued at $25,000. E Fund Management Hong Kong Co. Ltd. boosted its stake in shares of Airbnb by 70.9% during the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 200 shares of the company’s stock worth $26,000 after buying an additional 83 shares during the period. Concord Wealth Partners purchased a new position in shares of Airbnb during the second quarter worth about $28,000. Whipplewood Advisors LLC grew its holdings in shares of Airbnb by 235.3% during the second quarter. Whipplewood Advisors LLC now owns 228 shares of the company’s stock worth $30,000 after buying an additional 160 shares during the last quarter. Finally, Armstrong Advisory Group Inc. increased its position in Airbnb by 363.6% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 255 shares of the company’s stock valued at $34,000 after acquiring an additional 200 shares during the period. 80.76% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on ABNB shares. Wedbush reaffirmed a “neutral” rating and set a $130.00 price objective on shares of Airbnb in a research report on Friday. Phillip Securities raised Airbnb from a “moderate sell” rating to a “hold” rating in a report on Friday, August 8th. BNP Paribas upgraded shares of Airbnb to a “hold” rating in a research report on Wednesday, July 16th. Barclays boosted their price objective on shares of Airbnb from $105.00 to $107.00 and gave the company an “underweight” rating in a research note on Friday. Finally, Citizens Jmp upgraded shares of Airbnb to a “hold” rating in a research note on Monday, August 11th. Three investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty have assigned a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, Airbnb presently has a consensus rating of “Hold” and a consensus price target of $142.44.

Airbnb Stock Up 0.3%

Shares of ABNB stock opened at $120.88 on Friday. The stock has a market cap of $75.12 billion, a P/E ratio of 28.71, a P/E/G ratio of 2.20 and a beta of 1.11. The business has a fifty day simple moving average of $123.89 and a 200-day simple moving average of $128.70. Airbnb, Inc. has a fifty-two week low of $99.88 and a fifty-two week high of $163.93.

Airbnb (NASDAQ:ABNB) last released its quarterly earnings results on Thursday, November 6th. The company reported $2.21 earnings per share for the quarter, missing analysts’ consensus estimates of $2.31 by ($0.10). The company had revenue of $4.10 billion during the quarter, compared to analyst estimates of $4.08 billion. Airbnb had a return on equity of 32.71% and a net margin of 22.03%.The business’s revenue was up 9.9% compared to the same quarter last year. During the same period last year, the firm earned $2.13 earnings per share. Airbnb has set its Q4 2025 guidance at EPS. On average, sell-side analysts anticipate that Airbnb, Inc. will post 4.31 earnings per share for the current year.

Insider Activity at Airbnb

In other Airbnb news, Director Joseph Gebbia sold 236,000 shares of the business’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $128.47, for a total transaction of $30,318,920.00. Following the transaction, the director owned 468,015 shares in the company, valued at $60,125,887.05. The trade was a 33.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Aristotle N. Balogh sold 600 shares of the company’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $125.47, for a total transaction of $75,282.00. Following the completion of the transaction, the chief technology officer owned 196,006 shares of the company’s stock, valued at $24,592,872.82. This trade represents a 0.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 1,446,760 shares of company stock worth $179,726,429. 27.91% of the stock is owned by company insiders.

About Airbnb

Airbnb, Inc, together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company’s marketplace connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, and vacation homes.