Airbnb, Inc. $ABNB Holdings Cut by Pacer Advisors Inc.

Pacer Advisors Inc. decreased its stake in Airbnb, Inc. (NASDAQ:ABNB) by 9.4% during the 4th quarter, HoldingsChannel reports. The firm owned 2,268,964 shares of the company’s stock after selling 234,702 shares during the period. Pacer Advisors Inc.’s holdings in Airbnb were worth $307,944,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Caxton Associates LLP acquired a new position in shares of Airbnb during the first quarter worth approximately $258,000. Intech Investment Management LLC boosted its stake in Airbnb by 55.8% during the first quarter. Intech Investment Management LLC now owns 12,161 shares of the company’s stock valued at $1,453,000 after buying an additional 4,353 shares in the last quarter. Sivia Capital Partners LLC grew its stake in shares of Airbnb by 18.8% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,866 shares of the company’s stock worth $776,000 after purchasing an additional 927 shares during the last quarter. WINTON GROUP Ltd acquired a new position in Airbnb in the second quarter worth approximately $411,000. Finally, NewEdge Advisors LLC grew its holdings in shares of Airbnb by 9.8% in the 2nd quarter. NewEdge Advisors LLC now owns 54,054 shares of the company’s stock worth $7,153,000 after acquiring an additional 4,811 shares during the last quarter. 80.76% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Commentary suggests cheaper airfares could stimulate travel activity and improve Airbnb’s booking trends, which would support revenue growth. Will Airbnb (ABNB) Turn Lower Flight Costs Into a Stronger Platform Advantage?
• Neutral Sentiment: Airbnb’s annual meeting resulted in Alfred Lin joining the board, while shareholders rejected several governance proposals; this is more of a corporate governance update than a direct earnings catalyst. Will Airbnb (ABNB) Turn Lower Flight Costs Into a Stronger Platform Advantage?
• Neutral Sentiment: Long-term investor commentary remains mixed but constructive, with some analysis arguing Airbnb can still appeal to patient holders despite recent volatility. Should You Buy and Hold Airbnb (ABNB) For Long Term
• Negative Sentiment: Fresh valuation work says ABNB could be about 17.8% overvalued, which may cap upside if investors focus on fundamentals. Airbnb (ABNB) Stock Could Be 17.8% Overvalued After Fresh Results
• Negative Sentiment: CEO Brian Chesky and Director Joseph Gebbia recently sold shares, which can be read as a cautious insider signal by some investors. SEC filing for Brian Chesky sale SEC filing for Joseph Gebbia sale
• Negative Sentiment: Broader industry commentary warns AI agents could disrupt travel platforms like Airbnb over the longer term, adding a competitive risk. EXCLUSIVE: Google And Meta May Have The Most To Lose In The AI‑Agent Era, Says Founder Who Rejected OpenAI

Wall Street Analyst Weigh In

Several equities research analysts recently commented on ABNB shares. CICC Research began coverage on shares of Airbnb in a research report on Friday, June 5th. They issued an “outperform” rating and a $165.00 price target for the company. Citigroup restated an “outperform” rating on shares of Airbnb in a report on Friday, May 8th. UBS Group increased their price target on shares of Airbnb from $153.00 to $157.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. HSBC lowered Airbnb from a “hold” rating to a “hold” rating in a report on Monday, May 4th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $173.00 price target on shares of Airbnb in a research report on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Airbnb has an average rating of “Moderate Buy” and an average price target of $157.96.

Airbnb Trading Up 1.3%

Shares of ABNB opened at $142.41 on Friday. The stock’s 50-day moving average price is $136.14 and its 200 day moving average price is $132.03. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $85.83 billion, a price-to-earnings ratio of 35.08, a P/E/G ratio of 1.51 and a beta of 1.16. Airbnb, Inc. has a 12-month low of $110.81 and a 12-month high of $147.25.

Airbnb (NASDAQ:ABNB) last issued its earnings results on Thursday, May 7th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.05). Airbnb had a return on equity of 31.24% and a net margin of 19.90%.The firm had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.62 billion. During the same period last year, the business earned $0.24 earnings per share. The firm’s revenue for the quarter was up 17.9% compared to the same quarter last year. As a group, research analysts predict that Airbnb, Inc. will post 4.91 earnings per share for the current year.

Insider Transactions at Airbnb

In related news, CEO Brian Chesky sold 265,746 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $132.22, for a total transaction of $35,136,936.12. Following the completion of the transaction, the chief executive officer owned 11,206,389 shares in the company, valued at $1,481,708,753.58. This trade represents a 2.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Joseph Gebbia sold 265,000 shares of Airbnb stock in a transaction on Monday, June 1st. The shares were sold at an average price of $135.45, for a total value of $35,894,250.00. Following the transaction, the director directly owned 3,182,355 shares of the company’s stock, valued at approximately $431,049,984.75. The trade was a 7.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 1,972,860 shares of company stock valued at $267,555,449. Corporate insiders own 27.21% of the company’s stock.

Airbnb Company Profile

Airbnb, Inc (NASDAQ: ABNB) operates a global online marketplace that connects travelers with hosts offering short-term lodging, unique accommodations and related travel experiences. The company’s core platform enables individuals and professional property managers to list private homes, apartments, single rooms and entire properties, while providing search, booking and payment processing for guests. Airbnb earns revenue primarily through service fees charged to guests and hosts and offers tools to facilitate reservations, communications, and logistics between parties.

Beyond accommodations, Airbnb has expanded its product portfolio to include curated experiences led by local hosts, higher-end offerings such as Airbnb Luxe, and programs aimed at enhancing quality and safety like Airbnb Plus.