Airbnb, Inc. $ABNB Holdings Lowered by Caerus Investment Advisors LLC

Caerus Investment Advisors LLC reduced its stake in Airbnb, Inc. (NASDAQ:ABNB) by 38.7% in the first quarter, HoldingsChannel reports. The fund owned 6,678 shares of the company’s stock after selling 4,218 shares during the quarter. Caerus Investment Advisors LLC’s holdings in Airbnb were worth $843,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Harris Associates L P increased its stake in shares of Airbnb by 21.0% during the fourth quarter. Harris Associates L P now owns 18,694,408 shares of the company’s stock valued at $2,537,205,000 after acquiring an additional 3,240,477 shares during the period. Geode Capital Management LLC lifted its position 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 during the period. AQR Capital Management LLC lifted its position in Airbnb by 58.4% in the fourth quarter. AQR Capital Management LLC now owns 6,762,784 shares of the company’s stock worth $917,845,000 after purchasing an additional 2,492,847 shares during the period. Clearbridge Investments LLC lifted its position in Airbnb by 3.7% in the fourth quarter. Clearbridge Investments LLC now owns 6,073,947 shares of the company’s stock worth $824,356,000 after purchasing an additional 216,455 shares during the period. Finally, Independent Franchise Partners LLP boosted its stake in Airbnb by 23.6% during the 4th quarter. Independent Franchise Partners LLP now owns 5,146,272 shares of the company’s stock valued at $698,452,000 after purchasing an additional 981,624 shares in the last quarter. 80.76% of the stock is currently owned by institutional investors.

Airbnb Trading Down 0.4%

Airbnb stock opened at $151.52 on Friday. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.44 and a current ratio of 1.44. The firm has a market cap of $91.32 billion, a price-to-earnings ratio of 37.32, a price-to-earnings-growth ratio of 1.62 and a beta of 1.14. Airbnb, Inc. has a 1 year low of $110.81 and a 1 year high of $156.50. The firm’s 50 day moving average price is $141.62 and its two-hundred day moving average price is $135.10.

Airbnb (NASDAQ:ABNB) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.05). Airbnb had a net margin of 19.90% and a return on equity of 31.24%. The company had revenue of $2.68 billion for the quarter, compared to analyst estimates of $2.62 billion. During the same quarter last year, the company posted $0.24 EPS. Airbnb’s revenue was up 17.9% on a year-over-year basis. On average, research analysts predict that Airbnb, Inc. will post 4.93 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CEO Brian Chesky sold 265,746 shares of the business’s stock in a transaction 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 sale, the chief executive officer directly owned 11,206,389 shares of the company’s stock, valued at $1,481,708,753.58. The trade was a 2.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Nathan Blecharczyk sold 88,366 shares of the company’s stock in a transaction on Wednesday, June 24th. The shares were sold at an average price of $145.81, for a total value of $12,884,646.46. Following the sale, the insider directly owned 12,370 shares of the company’s stock, valued at approximately $1,803,669.70. This represents a 87.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,510,479 shares of company stock worth $349,064,808 in the last three months. 27.21% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

ABNB has been the topic of several research analyst reports. UBS Group lifted their price target on Airbnb from $157.00 to $163.00 and gave the company a “neutral” rating in a research report on Thursday. Scotiabank assumed coverage on Airbnb in a report on Monday, May 4th. They issued an “outperform” rating for the company. Wells Fargo & Company raised their target price on Airbnb from $178.00 to $181.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. Wedbush initiated coverage on Airbnb in a research note on Thursday, July 16th. They set a “neutral” rating and a $152.00 target price for the company. Finally, B. Riley Financial reaffirmed a “buy” rating on shares of Airbnb in a report on Friday, May 8th. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $160.65.

Key Headlines Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb’s upcoming earnings report is expected to show continued earnings growth, with analysts looking for a potential beat based on improving revenue trends and expectations. The company’s previous quarter delivered revenue above estimates and 17.9% year-over-year growth, although EPS fell short. Airbnb Earnings Expected to Grow
• Positive Sentiment: Recent commentary points to continued long-term growth potential from Airbnb’s global marketplace, expanded travel offerings and the possibility of another major growth cycle. The stock’s position above key moving averages also indicates sustained momentum. Airbnb Momentum Opens a Bigger Debate
• Neutral Sentiment: UBS raised its price target for ABNB to $163 from $157 while maintaining a Neutral rating. The higher target acknowledges some upside, but the unchanged rating signals that the firm still sees balanced risk and reward at current valuation levels. UBS Raises Airbnb Price Target
• Negative Sentiment: Morgan Stanley maintained its Sell/Underweight view, raising its price target only modestly to $125 from $120. The target remains well below recent trading levels, highlighting concerns that Airbnb’s premium valuation may not be supported by near-term growth. Morgan Stanley Maintains Sell Rating
• Negative Sentiment: Director Joseph Gebbia sold approximately 2.1 million shares for about $315.9 million across July 27 and 28, liquidating his indirect Class A holdings. The unusually large sale, following additional recent insider transactions, could weigh on investor sentiment even though it does not necessarily indicate deteriorating fundamentals. Joseph Gebbia Sells Airbnb Shares
• Negative Sentiment: Airbnb trades at a richer valuation than Booking Holdings, while regulatory risks affecting short-term rentals remain an overhang. Investors may therefore demand stronger earnings and guidance to justify the premium multiple. Airbnb Versus Booking

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.