NEOS Investment Management LLC Buys 33,038 Shares of Airbnb, Inc. $ABNB

NEOS Investment Management LLC boosted its stake in shares of Airbnb, Inc. (NASDAQ:ABNB) by 11.4% in the second quarter, HoldingsChannel reports. The institutional investor owned 322,342 shares of the company’s stock after purchasing an additional 33,038 shares during the period. NEOS Investment Management LLC’s holdings in Airbnb were worth $46,127,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. North Dakota State Investment Board bought a new stake in Airbnb during the 4th quarter valued at $2,785,000. North Star Asset Management Inc. increased its holdings in Airbnb by 13.4% during the fourth quarter. North Star Asset Management Inc. now owns 78,564 shares of the company’s stock valued at $10,663,000 after buying an additional 9,294 shares during the period. Carmignac Gestion raised its stake in Airbnb by 40.8% in the first quarter. Carmignac Gestion now owns 659,570 shares of the company’s stock worth $83,290,000 after buying an additional 191,200 shares in the last quarter. Oxbow Advisors LLC lifted its holdings in Airbnb by 122.9% during the fourth quarter. Oxbow Advisors LLC now owns 50,414 shares of the company’s stock worth $6,842,000 after buying an additional 27,793 shares during the period. Finally, OMERS ADMINISTRATION Corp lifted its holdings in Airbnb by 21.7% during the first quarter. OMERS ADMINISTRATION Corp now owns 42,696 shares of the company’s stock worth $5,392,000 after buying an additional 7,613 shares during the period. 80.76% of the stock is owned by hedge funds and other institutional investors.

Airbnb Trading Up 1.1%

Shares of Airbnb stock opened at $185.25 on Friday. The firm’s 50 day simple moving average is $162.30 and its two-hundred day simple moving average is $143.70. The firm has a market capitalization of $110.93 billion, a price-to-earnings ratio of 42.10, a PEG ratio of 2.12 and a beta of 1.16. Airbnb, Inc. has a 12-month low of $110.81 and a 12-month high of $193.45. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.32.

Airbnb (NASDAQ:ABNB) last posted its quarterly earnings data on Thursday, August 6th. The company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.26 by $0.11. The business had revenue of $3.61 billion during the quarter, compared to the consensus estimate of $3.58 billion. Airbnb had a net margin of 20.45% and a return on equity of 33.38%. The business’s revenue for the quarter was up 16.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.03 earnings per share. Analysts predict that Airbnb, Inc. will post 5.23 EPS for the current year.

Insiders Place Their Bets

In other news, CAO David C. Bernstein sold 5,224 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $182.49, for a total value of $953,327.76. Following the completion of the transaction, the chief accounting officer directly owned 48,513 shares in the company, valued at $8,853,137.37. This trade represents a 9.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Brian Chesky sold 20,000 shares of Airbnb stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $173.61, for a total value of $3,472,200.00. Following the sale, the chief executive officer directly owned 5,854 shares of the company’s stock, valued at $1,016,312.94. This trade represents a 77.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 2,330,588 shares of company stock valued at $380,660,896. 27.21% of the stock is owned by company insiders.

Key Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Rosenblatt Securities initiated coverage with a “Buy”/“Strong Buy” recommendation and a $220 price target. The target suggests meaningful upside from recent trading levels and adds to a generally favorable analyst outlook for Airbnb. Rosenblatt initiates coverage of Airbnb
• Positive Sentiment: ABNB moved above its 20-day moving average, a technical signal that suggests improving short-term momentum and may attract additional buying from trend-focused investors. Airbnb overtakes 20-day moving average
• Positive Sentiment: Airbnb appointed Pepijn Rijvers as chief business officer. Rijvers’ prior leadership experience at Tripadvisor and Booking.com could support Airbnb’s expansion of hotels and other travel offerings, reinforcing its broader growth strategy. Airbnb names Pepijn Rijvers chief business officer
• Neutral Sentiment: Investor commentary continues to compare Airbnb favorably with other consumer-growth companies, citing its global listing network and high net margin. The discussion is supportive but does not represent a specific estimate or change to Airbnb’s fundamentals. Airbnb versus Spotify comparison
• Negative Sentiment: Insiders continued to sell shares. Chief Accounting Officer David Bernstein sold 5,224 shares for approximately $953,000, while co-founder Nathan Blecharczyk recently sold an additional 13,615 shares for about $2.55 million and has substantially reduced his position through multiple transactions. Such sales can weigh on sentiment, although they may reflect personal financial planning rather than concerns about Airbnb’s business. Airbnb insider selling

Analyst Upgrades and Downgrades

ABNB has been the topic of a number of analyst reports. CICC Research started coverage on Airbnb in a report on Friday, June 5th. They issued an “outperform” rating and a $165.00 price target on the stock. Sanford C. Bernstein upped their price objective on Airbnb from $168.00 to $217.00 and gave the stock an “outperform” rating in a research note on Monday, August 24th. Truist Financial raised their price objective on Airbnb from $129.00 to $134.00 and gave the company a “hold” rating in a research report on Friday, June 12th. Rosenblatt Securities began coverage on Airbnb in a research note on Tuesday. They issued a “buy” rating and a $220.00 target price on the stock. Finally, DA Davidson boosted their target price on shares of Airbnb from $175.00 to $220.00 and gave the stock a “buy” rating in a report on Monday. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $177.07.

About Airbnb

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.