Connor Clark & Lunn Investment Management Ltd. Lowers Stake in Airbnb, Inc. $ABNB

Connor Clark & Lunn Investment Management Ltd. lessened its stake in Airbnb, Inc. (NASDAQ:ABNB) by 25.8% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 424,870 shares of the company’s stock after selling 147,981 shares during the period. Connor Clark & Lunn Investment Management Ltd. owned about 0.07% of Airbnb worth $51,588,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. boosted its position in shares of Airbnb by 0.8% during the second quarter. SBI Securities Co. Ltd. now owns 10,552 shares of the company’s stock worth $1,396,000 after buying an additional 85 shares during the period. Private Advisor Group LLC raised its holdings in shares of Airbnb by 1.0% in the 3rd quarter. Private Advisor Group LLC now owns 8,295 shares of the company’s stock valued at $1,007,000 after buying an additional 86 shares during the period. Koshinski Asset Management Inc. raised its holdings in shares of Airbnb by 4.1% in the 3rd quarter. Koshinski Asset Management Inc. now owns 2,226 shares of the company’s stock valued at $270,000 after buying an additional 87 shares during the period. LRI Investments LLC lifted its stake in Airbnb by 7.5% during the 3rd quarter. LRI Investments LLC now owns 1,260 shares of the company’s stock worth $153,000 after acquiring an additional 88 shares in the last quarter. Finally, Brookstone Capital Management lifted its stake in Airbnb by 4.0% during the 3rd quarter. Brookstone Capital Management now owns 2,350 shares of the company’s stock worth $285,000 after acquiring an additional 91 shares in the last quarter. 80.76% of the stock is currently owned by institutional investors and hedge funds.

Airbnb Price Performance

ABNB stock opened at $127.70 on Friday. The business’s 50-day moving average is $130.21 and its two-hundred day moving average is $126.70. The firm has a market capitalization of $77.73 billion, a P/E ratio of 31.61, a P/E/G ratio of 1.63 and a beta of 1.12. Airbnb, Inc. has a 1 year low of $99.88 and a 1 year high of $143.88.

Airbnb (NASDAQ:ABNB) last announced its quarterly earnings data on Thursday, February 12th. The company reported $0.56 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.10). The company had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.71 billion. Airbnb had a return on equity of 30.88% and a net margin of 20.51%.The business’s quarterly revenue was up 12.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.73 earnings per share. On average, analysts expect that Airbnb, Inc. will post 4.31 EPS for the current year.

Insider Transactions at Airbnb

In related news, insider Nathan Blecharczyk sold 4,260 shares of the business’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $125.29, for a total transaction of $533,735.40. Following the completion of the transaction, the insider owned 49,250 shares in the company, valued at approximately $6,170,532.50. The trade was a 7.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Joseph Gebbia sold 58,000 shares of the business’s stock in a transaction on Monday, March 9th. The stock was sold at an average price of $131.27, for a total transaction of $7,613,660.00. Following the transaction, the director owned 286,015 shares of the company’s stock, valued at approximately $37,545,189.05. The trade was a 16.86% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 490,568 shares of company stock valued at $64,120,119. Insiders own 27.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. DA Davidson dropped their target price on Airbnb from $155.00 to $150.00 and set a “buy” rating for the company in a research report on Tuesday, February 17th. Royal Bank Of Canada reissued an “outperform” rating on shares of Airbnb in a research report on Wednesday, January 14th. Morgan Stanley set a $120.00 price objective on shares of Airbnb in a research note on Friday, February 13th. Argus upgraded shares of Airbnb to a “strong-buy” rating in a report on Tuesday, February 17th. Finally, Mizuho increased their target price on shares of Airbnb from $156.00 to $175.00 and gave the stock an “outperform” rating in a report on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, sixteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $149.42.

Key Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb appointed former Uber executive Gus Fuldner to lead an AI‑driven overhaul of operations (community support, fraud & safety, AirCover). If execution reduces costs and improves trust metrics, it could strengthen long‑term margins. Read More.
• Positive Sentiment: Recent features highlighting resilient travel demand and reasons investors like Airbnb reinforce underlying demand trends that support recovery once sentiment stabilizes. Read More.
• Neutral Sentiment: Analyst coverage is mixed: several firms raised targets while others trimmed them; the consensus price target remains above current levels, showing divergent views rather than a clear sell/hold signal. Read More.
• Neutral Sentiment: Reported short‑interest feeds in recent wires are inconsistent (zeros/NaNs) and not reliable — check official exchange short‑interest releases for clarity before drawing conclusions.
• Negative Sentiment: The primary negative driver: an unexpected $2.5B bond offering to refinance debt maturing in March 2026 — markets reacted to the surprise issuance and the implication of additional leverage/refinancing risk. Read More.
• Negative Sentiment: Technical damage: the stock breached its 50‑day moving average after the bond news, which can amplify selling from technical traders. Read More.
• Negative Sentiment: Geopolitical risk: escalating Middle East tensions are cited as a headwind for global travel demand and add cyclical uncertainty for bookings. Read More.
• Negative Sentiment: Insider selling: director Joseph Gebbia sold 58,000 shares (filed with the SEC), which can weigh on sentiment even if done for personal reasons. Read More.

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.