Sigma Planning Corp Increases Stock Holdings in Airbnb, Inc. $ABNB

Sigma Planning Corp raised its position in Airbnb, Inc. (NASDAQ:ABNB) by 19.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,511 shares of the company’s stock after acquiring an additional 579 shares during the quarter. Sigma Planning Corp’s holdings in Airbnb were worth $465,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Greenleaf Trust increased its stake in Airbnb by 34.5% during the 1st quarter. Greenleaf Trust now owns 2,858 shares of the company’s stock worth $341,000 after buying an additional 733 shares during the period. Alps Advisors Inc. grew its stake in shares of Airbnb by 28.6% in the first quarter. Alps Advisors Inc. now owns 9,912 shares of the company’s stock worth $1,184,000 after acquiring an additional 2,202 shares in the last quarter. Cerity Partners LLC increased its position in shares of Airbnb by 80.6% during the first quarter. Cerity Partners LLC now owns 325,023 shares of the company’s stock worth $38,827,000 after acquiring an additional 145,089 shares during the period. Ballentine Partners LLC raised its stake in shares of Airbnb by 12.9% in the first quarter. Ballentine Partners LLC now owns 1,901 shares of the company’s stock valued at $227,000 after acquiring an additional 217 shares in the last quarter. Finally, FUKOKU MUTUAL LIFE INSURANCE Co acquired a new stake in shares of Airbnb in the first quarter valued at $227,000. Institutional investors and hedge funds own 80.76% of the company’s stock.

Airbnb Stock Up 0.3%

Shares of ABNB opened at $120.88 on Friday. The stock has a 50 day moving average price of $123.89 and a 200 day moving average price of $128.79. The company has a market capitalization of $75.12 billion, a price-to-earnings ratio of 28.71, a price-to-earnings-growth ratio of 2.20 and a beta of 1.11. Airbnb, Inc. has a 52-week low of $99.88 and a 52-week high of $163.93.

Airbnb (NASDAQ:ABNB) last released its quarterly earnings data 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 for 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 firm’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period in the previous year, the business posted $2.13 EPS. Airbnb has set its Q4 2025 guidance at EPS. On average, equities analysts anticipate that Airbnb, Inc. will post 4.31 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ABNB has been the topic of several recent research reports. Zacks Research upgraded Airbnb to a “hold” rating in a report on Tuesday, August 12th. Weiss Ratings restated a “hold (c)” rating on shares of Airbnb in a research note on Wednesday, October 8th. Wells Fargo & Company raised their target price on shares of Airbnb from $110.00 to $111.00 and gave the company an “underweight” rating in a report on Friday. Sanford C. Bernstein reiterated an “outperform” rating and set a $165.00 price target on shares of Airbnb in a report on Friday. Finally, KeyCorp initiated coverage on shares of Airbnb in a research report on Thursday, October 23rd. They issued a “sector weight” rating on the stock. Three investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty have issued a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $142.44.

Insider Buying and Selling

In other Airbnb news, CTO Aristotle N. Balogh sold 600 shares of the firm’s stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $125.47, for a total transaction of $75,282.00. Following the transaction, the chief technology officer owned 196,006 shares of the company’s stock, valued at approximately $24,592,872.82. This trade represents a 0.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Joseph Gebbia sold 236,000 shares of Airbnb stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $128.47, for a total value of $30,318,920.00. Following the transaction, the director directly owned 468,015 shares in the company, valued at approximately $60,125,887.05. This trade represents a 33.52% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,446,760 shares of company stock worth $179,726,429 in the last ninety days. 27.91% of the stock is owned by corporate insiders.

Airbnb Company Profile

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.