iA Global Asset Management Inc. Acquires 5,299 Shares of Airbnb, Inc. $ABNB

iA Global Asset Management Inc. raised its holdings in Airbnb, Inc. (NASDAQ:ABNB) by 10.0% in the first quarter, Holdings Channel.com reports. The fund owned 58,177 shares of the company’s stock after acquiring an additional 5,299 shares during the quarter. iA Global Asset Management Inc.’s holdings in Airbnb were worth $7,347,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in ABNB. Harris Associates L P raised its holdings in shares of Airbnb by 21.0% during the 4th quarter. Harris Associates L P now owns 18,694,408 shares of the company’s stock valued at $2,537,205,000 after purchasing an additional 3,240,477 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Airbnb by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 10,076,465 shares of the company’s stock worth $1,368,338,000 after purchasing an additional 47,966 shares in the last quarter. AQR Capital Management LLC increased its position in Airbnb by 58.4% during the fourth quarter. AQR Capital Management LLC now owns 6,762,784 shares of the company’s stock worth $917,845,000 after buying an additional 2,492,847 shares during the last quarter. Clearbridge Investments LLC increased its position in Airbnb by 3.7% during the fourth quarter. Clearbridge Investments LLC now owns 6,073,947 shares of the company’s stock worth $824,356,000 after buying an additional 216,455 shares during the last quarter. Finally, Independent Franchise Partners LLP raised its holdings in Airbnb by 23.6% during the fourth quarter. Independent Franchise Partners LLP now owns 5,146,272 shares of the company’s stock valued at $698,452,000 after buying an additional 981,624 shares in the last quarter. 80.76% of the stock is owned by institutional investors.

Insider Transactions at Airbnb

In other news, CEO Brian Chesky sold 30,743 shares of Airbnb stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $138.40, for a total transaction of $4,254,831.20. Following the sale, the chief executive officer owned 10,701,685 shares of the company’s stock, valued at approximately $1,481,113,204. This trade represents a 0.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Kenneth I. Chenault sold 8,346 shares of Airbnb stock in a transaction that occurred on Monday, June 29th. The stock was sold at an average price of $150.00, for a total value of $1,251,900.00. Following the sale, the director directly owned 40,879 shares in the company, valued at $6,131,850. The trade was a 16.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,339,621 shares of company stock valued at $322,629,605 in the last ninety days. 27.21% of the stock is owned by corporate insiders.

Airbnb Price Performance

Shares of Airbnb stock opened at $147.31 on Thursday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.44 and a quick ratio of 1.44. The company has a market cap of $88.79 billion, a PE ratio of 36.28, a price-to-earnings-growth ratio of 1.53 and a beta of 1.14. The firm has a fifty day moving average price of $137.65 and a two-hundred day moving average price of $133.33. Airbnb, Inc. has a fifty-two week low of $110.81 and a fifty-two week high of $150.19.

Airbnb (NASDAQ:ABNB) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.05). The company had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.62 billion. Airbnb had a return on equity of 31.24% and a net margin of 19.90%.The business’s revenue for the quarter was up 17.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.24 EPS. Analysts expect that Airbnb, Inc. will post 4.91 EPS for the current year.

Key Stories Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Robert W. Baird raised its price target on Airbnb to $160 from $150 and reiterated an Outperform rating, adding to the bullish case that travel demand and product expansion can keep driving growth.
• Positive Sentiment: Airbnb recently hit a new 12-month high after an analyst upgrade, showing that investors remain willing to bid up the stock on improving Wall Street sentiment.
• Positive Sentiment: Strength across travel stocks has also helped ABNB, as investors rotate back into the sector and look for continued post-pandemic travel spending resilience.
• Neutral Sentiment: Bank of America Securities maintained a Hold rating and said Airbnb’s hotel expansion is only a modest near-term driver, which supports the stock but does not point to a major catalyst right away. Article: Airbnb Maintained at Hold as Hotel Expansion Seen as Modest Near-Term Driver; $150 Price Target Reaffirmed
• Neutral Sentiment: Airbnb’s shares also rose in recent trading, but the move lagged the broader market, suggesting steady interest without a strong breakout. Article: Airbnb Inc. Cl A stock rises Monday, still underperforms market
• Negative Sentiment: Director Joseph Gebbia sold 294,903 shares worth about $43.8 million, reducing his position by 10.1%, which can pressure sentiment when a large insider trims exposure.
• Negative Sentiment: Co-founder Nathan Blecharczyk sold 31,033 shares worth about $4.5 million, cutting his stake by 28.6% and adding to the recent wave of insider selling.
• Negative Sentiment: Airbnb must still face a Los Angeles lawsuit alleging price gouging during the 2025 wildfires, creating legal and reputational risk that could weigh on the stock. Article: Airbnb must face Los Angeles lawsuit alleging price gouging during 2025 wildfires

Wall Street Analyst Weigh In

A number of brokerages have weighed in on ABNB. Jefferies Financial Group set a $160.00 price target on Airbnb in a research report on Friday, June 5th. Weiss Ratings raised Airbnb from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, May 12th. Rodman & Renshaw initiated coverage on Airbnb in a report on Monday, May 4th. They issued a “buy” rating for the company. UBS Group boosted their target price on Airbnb from $153.00 to $157.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Finally, Cantor Fitzgerald raised Airbnb from a “neutral” rating to an “overweight” rating in a research report on Monday, May 4th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $158.36.

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.