Airbnb, Inc. $ABNB Shares Sold by Profund Advisors LLC

Profund Advisors LLC reduced its holdings in shares of Airbnb, Inc. (NASDAQ:ABNB) by 7.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 57,197 shares of the company’s stock after selling 4,313 shares during the period. Profund Advisors LLC’s holdings in Airbnb were worth $7,569,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in ABNB. Harris Associates L P increased its position in Airbnb by 86.0% in the 1st quarter. Harris Associates L P now owns 9,944,948 shares of the company’s stock valued at $1,188,024,000 after acquiring an additional 4,598,125 shares during the period. Pacer Advisors Inc. grew its stake in shares of Airbnb by 2,297.4% during the 1st quarter. Pacer Advisors Inc. now owns 2,801,899 shares of the company’s stock worth $334,715,000 after purchasing an additional 2,685,026 shares during the period. AQR Capital Management LLC increased its holdings in shares of Airbnb by 81.0% in the 1st quarter. AQR Capital Management LLC now owns 4,282,523 shares of the company’s stock valued at $500,755,000 after purchasing an additional 1,916,676 shares in the last quarter. McElhenny Sheffield Capital Management LLC purchased a new position in shares of Airbnb in the 2nd quarter valued at about $170,189,000. Finally, Consulta Ltd acquired a new stake in shares of Airbnb in the first quarter valued at about $149,325,000. 80.76% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Airbnb

In related news, CTO Aristotle N. Balogh sold 600 shares of Airbnb stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $125.47, for a total transaction of $75,282.00. Following the sale, the chief technology officer owned 196,006 shares of the company’s stock, valued at $24,592,872.82. The trade was a 0.31% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Elinor Mertz sold 7,500 shares of the company’s stock in a transaction dated Tuesday, October 28th. The shares were sold at an average price of $130.00, for a total transaction of $975,000.00. Following the completion of the transaction, the chief financial officer directly owned 436,570 shares of the company’s stock, valued at approximately $56,754,100. The trade was a 1.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,446,760 shares of company stock valued at $179,726,429 over the last 90 days. 27.83% of the stock is owned by corporate insiders.

Airbnb Price Performance

Airbnb stock opened at $120.88 on Monday. Airbnb, Inc. has a 12 month low of $99.88 and a 12 month high of $163.93. The company has a market cap of $75.12 billion, a price-to-earnings ratio of 28.71, a price-to-earnings-growth ratio of 2.21 and a beta of 1.11. The stock’s 50-day moving average is $123.89 and its 200-day moving average is $128.87.

Airbnb (NASDAQ:ABNB) last released its quarterly earnings data on Thursday, November 6th. The company reported $2.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.31 by ($0.10). Airbnb had a return on equity of 32.14% and a net margin of 22.03%.The business had revenue of $4.10 billion for the quarter, compared to analysts’ expectations of $4.08 billion. During the same quarter in the prior year, the firm earned $2.13 earnings per share. Airbnb’s quarterly revenue was up 9.9% compared to the same quarter last year. Airbnb has set its Q4 2025 guidance at EPS. Research analysts anticipate that Airbnb, Inc. will post 4.31 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on ABNB shares. BNP Paribas upgraded shares of Airbnb to a “hold” rating in a research report on Wednesday, July 16th. Weiss Ratings reiterated a “hold (c)” rating on shares of Airbnb in a research report on Wednesday, October 8th. Wells Fargo & Company boosted their price objective on shares of Airbnb from $110.00 to $111.00 and gave the stock an “underweight” rating in a research report on Friday. Zacks Research upgraded shares of Airbnb to a “hold” rating in a report on Tuesday, August 12th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Airbnb from $120.00 to $130.00 and gave the stock a “neutral” rating in a research note on Thursday, August 7th. Three analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty have assigned a Hold rating and five have given a Sell rating to the stock. According to MarketBeat.com, Airbnb currently has a consensus rating of “Hold” and a consensus price target of $142.44.

About Airbnb

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.