Campbell & CO Investment Adviser LLC Has $5.55 Million Holdings in Airbnb, Inc. $ABNB

Campbell & CO Investment Adviser LLC grew its position in shares of Airbnb, Inc. (NASDAQ:ABNB) by 1,273.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 41,915 shares of the company’s stock after buying an additional 38,864 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in Airbnb were worth $5,547,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in ABNB. Sit Investment Associates Inc. grew its position in Airbnb by 42.8% in the first quarter. Sit Investment Associates Inc. now owns 16,870 shares of the company’s stock valued at $2,015,000 after acquiring an additional 5,060 shares during the period. Vestmark Advisory Solutions Inc. boosted its stake in shares of Airbnb by 74.8% in the 1st quarter. Vestmark Advisory Solutions Inc. now owns 20,514 shares of the company’s stock valued at $2,451,000 after purchasing an additional 8,780 shares in the last quarter. Plato Investment Management Ltd grew its holdings in shares of Airbnb by 53.1% in the 1st quarter. Plato Investment Management Ltd now owns 18,974 shares of the company’s stock worth $2,291,000 after purchasing an additional 6,579 shares during the last quarter. Acadian Asset Management LLC grew its holdings in shares of Airbnb by 52.9% in the 1st quarter. Acadian Asset Management LLC now owns 2,457,837 shares of the company’s stock worth $293,590,000 after purchasing an additional 850,719 shares during the last quarter. Finally, York GP Ltd. acquired a new stake in shares of Airbnb during the 2nd quarter worth about $6,617,000. Institutional investors own 80.76% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on ABNB. BMO Capital Markets set a $124.00 price objective on shares of Airbnb and gave the stock a “market perform” rating in a research note on Thursday, August 7th. Zacks Research raised Airbnb to a “hold” rating in a report on Tuesday, August 12th. KeyCorp began coverage on Airbnb in a report on Thursday, October 23rd. They set a “sector weight” rating for the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Airbnb in a research report on Wednesday, October 8th. Finally, Morgan Stanley reduced their price objective on Airbnb from $130.00 to $120.00 and set an “underweight” rating on the stock in a research note on Thursday, August 7th. Three analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty have issued a Hold rating and five have given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $142.44.

Airbnb Stock Up 0.3%

Airbnb stock opened at $120.88 on Friday. The business’s 50-day simple moving average is $123.89 and its 200 day simple moving average is $128.79. The stock has a market cap of $75.12 billion, a price-to-earnings ratio of 28.71, a P/E/G ratio of 2.20 and a beta of 1.11. Airbnb, Inc. has a 12-month low of $99.88 and a 12-month high of $163.93.

Airbnb (NASDAQ:ABNB) last announced its quarterly earnings data on Thursday, November 6th. The company reported $2.21 earnings per share for the quarter, missing the consensus estimate of $2.31 by ($0.10). Airbnb had a return on equity of 32.71% and a net margin of 22.03%.The firm had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.08 billion. During the same period in the prior year, the firm posted $2.13 earnings per share. The business’s revenue for the quarter was up 9.9% compared to the same quarter last year. Airbnb has set its Q4 2025 guidance at EPS. As a group, sell-side analysts expect that Airbnb, Inc. will post 4.31 EPS for the current year.

Insider Activity at Airbnb

In other Airbnb news, insider Nathan Blecharczyk sold 2,246 shares of the firm’s stock in a transaction that occurred on Wednesday, August 20th. The shares were sold at an average price of $125.20, for a total value of $281,199.20. Following the transaction, the insider directly owned 182,514 shares of the company’s stock, valued at approximately $22,850,752.80. This trade represents a 1.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Joseph Gebbia sold 236,000 shares of Airbnb stock in a transaction on Monday, October 13th. The stock was sold at an average price of $119.22, for a total transaction of $28,135,920.00. Following the sale, the director directly owned 704,015 shares of the company’s stock, valued at $83,932,668.30. This represents a 25.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,446,760 shares of company stock worth $179,726,429 over the last ninety days. Company insiders own 27.91% of the company’s stock.

Airbnb Company Profile

Airbnb, Inc, together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company’s marketplace connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, and vacation homes.