denkapparat Operations GmbH Buys Shares of 2,540 Airbnb, Inc. $ABNB

denkapparat Operations GmbH purchased a new position in Airbnb, Inc. (NASDAQ:ABNB) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 2,540 shares of the company’s stock, valued at approximately $336,000.

A number of other hedge funds have also made changes to their positions in the stock. Kentucky Trust Co bought a new stake in Airbnb during the second quarter worth approximately $25,000. E Fund Management Hong Kong Co. Ltd. lifted its stake in shares of Airbnb by 70.9% in 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 last quarter. Concord Wealth Partners bought a new stake in shares of Airbnb during the 2nd quarter worth $28,000. Whipplewood Advisors LLC grew its stake in Airbnb by 235.3% in the 2nd quarter. Whipplewood Advisors LLC now owns 228 shares of the company’s stock valued at $30,000 after buying an additional 160 shares during the last quarter. Finally, Armstrong Advisory Group Inc. grew its stake 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 buying an additional 200 shares during the last quarter. Institutional investors and hedge funds own 80.76% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have issued reports on ABNB. Morgan Stanley decreased their price target on shares of Airbnb from $130.00 to $120.00 and set an “underweight” rating for the company in a report on Thursday, August 7th. Wells Fargo & Company boosted their price objective on Airbnb from $110.00 to $111.00 and gave the stock an “underweight” rating in a research report on Friday, November 7th. Weiss Ratings restated a “hold (c)” rating on shares of Airbnb in a research note on Wednesday, October 8th. Barclays lifted their price target on Airbnb from $105.00 to $107.00 and gave the stock an “underweight” rating in a research report on Friday, November 7th. Finally, Zacks Research raised Airbnb to a “hold” rating in a research report on Tuesday, August 12th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty have given a Hold rating and five have issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $143.31.

Insider Activity at Airbnb

In other Airbnb news, Director Joseph Gebbia sold 236,000 shares of the company’s stock in a transaction 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 sale, the director directly owned 468,015 shares in the company, valued at $60,125,887.05. This represents a 33.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Elinor Mertz sold 7,500 shares of Airbnb stock in a transaction on Tuesday, October 28th. The shares were sold at an average price of $130.00, for a total value of $975,000.00. Following the transaction, the chief financial officer directly owned 436,570 shares of the company’s stock, valued at approximately $56,754,100. The trade was a 1.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,446,760 shares of company stock valued at $179,726,429 in the last 90 days. 27.91% of the stock is owned by corporate insiders.

Airbnb Stock Performance

Shares of Airbnb stock opened at $121.69 on Thursday. The firm has a market cap of $75.62 billion, a P/E ratio of 28.90, a price-to-earnings-growth ratio of 2.16 and a beta of 1.11. The firm’s 50-day simple moving average is $123.52 and its 200-day simple moving average is $128.81. Airbnb, Inc. has a twelve month low of $99.88 and a twelve month high of $163.93.

Airbnb (NASDAQ:ABNB) last announced its quarterly earnings results on Thursday, November 6th. The company reported $2.21 EPS for the quarter, missing analysts’ consensus estimates of $2.31 by ($0.10). Airbnb had a return on equity of 32.14% and a net margin of 22.03%.The business had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.08 billion. During the same quarter in the prior year, the business earned $2.13 EPS. The firm’s revenue for the quarter was up 9.9% on a year-over-year basis. Airbnb has set its Q4 2025 guidance at EPS. On average, equities analysts forecast that Airbnb, Inc. will post 4.31 earnings per share for the current fiscal year.

Airbnb 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.