Tidal Investments LLC Reduces Holdings in Airbnb, Inc. $ABNB

Tidal Investments LLC lowered its position in shares of Airbnb, Inc. (NASDAQ:ABNB) by 92.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 35,197 shares of the company’s stock after selling 418,932 shares during the period. Tidal Investments LLC’s holdings in Airbnb were worth $5,037,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Transamerica Financial Advisors LLC grew its stake in Airbnb by 143.6% during the 4th quarter. Transamerica Financial Advisors LLC now owns 190 shares of the company’s stock worth $26,000 after buying an additional 112 shares during the last quarter. Entrust Financial LLC purchased a new stake in Airbnb in the fourth quarter valued at approximately $27,000. Meeder Asset Management Inc. boosted its holdings in shares of Airbnb by 96.3% in the first quarter. Meeder Asset Management Inc. now owns 214 shares of the company’s stock valued at $27,000 after acquiring an additional 105 shares during the period. Sunbelt Securities Inc. boosted its holdings in shares of Airbnb by 397.7% in the third quarter. Sunbelt Securities Inc. now owns 219 shares of the company’s stock valued at $27,000 after acquiring an additional 175 shares during the period. Finally, Wiser Advisor Group LLC purchased a new position in shares of Airbnb during the third quarter worth approximately $27,000. 80.76% of the stock is owned by hedge funds and other institutional investors.

More Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Analyst optimism supports the stock. Robert W. Baird forecast strong price appreciation, while Raymond James upgraded Airbnb to Outperform, signaling confidence in the company’s growth prospects and valuation. Robert W. Baird Forecasts Strong Price Appreciation for Airbnb Airbnb Raised to Outperform at Raymond James
• Positive Sentiment: Management highlighted artificial-intelligence advantages. CEO Brian Chesky said Airbnb is incorporating AI into its online infrastructure and is growing faster than competitors, potentially improving search, personalization, customer service and operating efficiency. Airbnb CEO Discusses AI and Growth
• Positive Sentiment: A bullish growth thesis is attracting attention. One market commentary argues that Airbnb’s anticipated “great growth cycle” may be underway, reinforcing the positive narrative around the company’s expansion and earnings potential. Airbnb Growth Cycle Commentary
• Neutral Sentiment: Investor attention has increased. Airbnb was among the stocks heavily searched on Zacks, which can raise visibility but does not by itself indicate stronger fundamentals or future returns. Investors Search Airbnb
• Neutral Sentiment: Short-interest data offers no meaningful signal. The reported figures show zero shares sold short and a zero-day days-to-cover ratio, suggesting the data may be incomplete or erroneous rather than indicating a genuine change in positioning.
• Negative Sentiment: Potential EU restrictions could pressure Airbnb’s business. Proposed European rules would create a common framework for housing measures and could enable tighter limits on short-term rentals. Additional restrictions may reduce listings, increase compliance costs and constrain revenue in an important market. The proposal still requires approval from EU governments and the European Parliament. Airbnb Faces Potential EU Restrictions

Wall Street Analysts Forecast Growth

Several research firms recently commented on ABNB. Cantor Fitzgerald upped their price target on shares of Airbnb from $140.00 to $160.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. Wells Fargo & Company raised their price objective on shares of Airbnb from $181.00 to $186.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Airbnb in a report on Monday, August 31st. Jefferies Financial Group increased their target price on shares of Airbnb from $160.00 to $175.00 and gave the stock a “buy” rating in a research note on Tuesday, July 14th. Finally, B. Riley Financial reissued a “buy” rating on shares of Airbnb in a report on Friday, August 7th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $179.97.

Airbnb Stock Performance

NASDAQ:ABNB opened at $170.19 on Monday. The firm’s fifty day moving average price is $165.60 and its 200 day moving average price is $145.81. Airbnb, Inc. has a 1-year low of $110.81 and a 1-year high of $193.45. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.41 and a quick ratio of 1.41. The firm has a market cap of $101.91 billion, a price-to-earnings ratio of 38.68, a price-to-earnings-growth ratio of 1.96 and a beta of 1.16.

Airbnb (NASDAQ:ABNB) last announced its quarterly earnings data on Thursday, August 6th. The company reported $1.37 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.11. Airbnb had a net margin of 20.45% and a return on equity of 33.38%. The company had revenue of $3.61 billion during the quarter, compared to the consensus estimate of $3.58 billion. During the same quarter in the prior year, the firm earned $1.03 EPS. Airbnb’s quarterly revenue was up 16.3% on a year-over-year basis. On average, sell-side analysts expect that Airbnb, Inc. will post 5.24 EPS for the current year.

Insider Transactions at Airbnb

In related news, insider Nathan Blecharczyk sold 531,000 shares of the stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $174.41, for a total transaction of $92,611,710.00. Following the completion of the transaction, the insider directly owned 171,370 shares of the company’s stock, valued at $29,888,641.70. This represents a 75.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Joseph Gebbia Jr. sold 294,903 shares of Airbnb stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $148.43, for a total value of $43,772,452.29. Following the completion of the sale, the director directly owned 2,622,452 shares in the company, valued at $389,250,550.36. This represents a 10.11% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,992,946 shares of company stock worth $334,028,752 over the last ninety days. 27.21% of the stock is currently owned by company insiders.

About Airbnb

Airbnb, Inc operates a global online marketplace that connects guests seeking accommodations and travel activities with hosts and other service providers. Through its platform and mobile applications, users can search for, book and review a broad range of lodging options, including private homes, apartments, rooms and other distinctive properties.

The company also offers Airbnb Experiences, which enables guests to discover and book activities hosted by local experts. In addition, Airbnb has expanded into related travel services, including services designed to support hosts and help them manage listings, reservations and guest relationships.

Founded in 2008 by Brian Chesky, Joe Gebbia and Nathan Blecharczyk, Airbnb serves travelers and hosts across a broad international market, with listings and activities available in destinations around the world.