Airbnb, Inc. (NASDAQ:ABNB – Get Free Report) insider Nathan Blecharczyk sold 57,160 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $190.71, for a total transaction of $10,900,983.60. Following the transaction, the insider directly owned 20,567 shares of the company’s stock, valued at $3,922,332.57. The trade was a 73.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Nathan Blecharczyk also recently made the following trade(s):
- On Monday, August 31st, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The shares were sold at an average price of $187.27, for a total value of $2,549,681.05.
- On Wednesday, August 26th, Nathan Blecharczyk sold 19,659 shares of Airbnb stock. The shares were sold at an average price of $190.73, for a total value of $3,749,561.07.
- On Tuesday, August 25th, Nathan Blecharczyk sold 202,652 shares of Airbnb stock. The shares were sold at an average price of $190.28, for a total value of $38,560,622.56.
- On Monday, August 24th, Nathan Blecharczyk sold 150,640 shares of Airbnb stock. The shares were sold at an average price of $190.94, for a total value of $28,763,201.60.
- On Thursday, August 20th, Nathan Blecharczyk sold 2,738 shares of Airbnb stock. The stock was sold at an average price of $184.42, for a total transaction of $504,941.96.
- On Monday, August 17th, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The shares were sold at an average price of $182.86, for a total transaction of $2,489,638.90.
- On Friday, August 7th, Nathan Blecharczyk sold 531,000 shares of Airbnb stock. The stock was sold at an average price of $174.41, for a total transaction of $92,611,710.00.
- On Monday, August 3rd, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The shares were sold at an average price of $151.80, for a total transaction of $2,066,757.00.
- On Monday, July 20th, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The stock was sold at an average price of $145.43, for a total transaction of $1,980,029.45.
- On Monday, July 6th, Nathan Blecharczyk sold 13,615 shares of Airbnb stock. The shares were sold at an average price of $148.37, for a total value of $2,020,057.55.
Airbnb Stock Down 0.4%
ABNB traded down $0.68 on Tuesday, hitting $182.54. 4,305,182 shares of the company were exchanged, compared to its average volume of 5,811,258. The firm has a 50-day moving average price of $160.66 and a two-hundred day moving average price of $142.77. 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, Inc. has a twelve month low of $110.81 and a twelve month high of $193.45. The company has a market cap of $109.30 billion, a price-to-earnings ratio of 41.49, a price-to-earnings-growth ratio of 2.12 and a beta of 1.15.
Wall Street Analysts Forecast Growth
Several research analysts have weighed in on ABNB shares. KeyCorp restated a “sector weight” rating on shares of Airbnb in a research report on Monday, August 10th. DA Davidson lifted their target price on shares of Airbnb from $175.00 to $220.00 and gave the stock a “buy” rating in a research report on Monday. Robert W. Baird increased their target price on Airbnb from $150.00 to $160.00 and gave the company an “outperform” rating in a report on Monday, June 29th. Canaccord Genuity Group set a $200.00 price objective on Airbnb in a research report on Friday, August 7th. Finally, Susquehanna boosted their target price on shares of Airbnb from $170.00 to $200.00 and gave the company a “positive” rating in a research note on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $177.07.
Read Our Latest Research Report on Airbnb
Key Stories Impacting Airbnb
Here are the key news stories impacting Airbnb this week:
- Positive Sentiment: Rosenblatt initiated coverage with a Buy rating and a $220 price target, implying roughly 20.5% upside from the referenced share price. The bullish view adds to positive analyst sentiment around Airbnb’s growth outlook. Rosenblatt initiates Airbnb coverage with Buy rating and $220 target
- Positive Sentiment: D.A. Davidson raised its target from $175 to $220 and reiterated Buy. The firm cited rapid growth in Airbnb Experiences and a partnership with Viator, while tracked Experiences listings increased 30% across several cities over three months. D.A. Davidson raises Airbnb price target on Experiences growth
- Positive Sentiment: Analysts are increasingly optimistic about Airbnb’s newer growth businesses, including Experiences and artificial-intelligence initiatives, arguing these businesses could reduce the company’s growth “overhang” and support a broader long-term expansion story. Analyst sees Airbnb growth businesses gaining momentum
- Neutral Sentiment: Airbnb may be offering selected U.S. hosts lower fees to attract more guests. The strategy could improve platform demand and host supply, but it may also pressure near-term take rates and margins. Airbnb reportedly offers lower fees to select U.S. hosts
- Negative Sentiment: Profit-taking is a near-term risk. Airbnb shares have risen about 21%–25% over the past month and roughly 42% year to date, leaving the stock above previous analyst targets and increasing concerns that expectations and valuation are stretched. Airbnb rally prompts buy-or-sell debate
- Negative Sentiment: An insider sold approximately $3.75 million of Airbnb stock, which can weigh on sentiment, although the sale does not necessarily indicate a change in the company’s fundamentals. Airbnb insider stock sale
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of ABNB. Transamerica Financial Advisors LLC lifted its holdings in shares of 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 acquiring an additional 112 shares during the period. Entrust Financial LLC purchased a new position in shares of Airbnb in the 4th quarter worth $27,000. Meeder Asset Management Inc. boosted its holdings in 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 last quarter. Sunbelt Securities Inc. raised its holdings in shares of Airbnb by 397.7% in the 3rd quarter. Sunbelt Securities Inc. now owns 219 shares of the company’s stock worth $27,000 after purchasing an additional 175 shares during the period. Finally, Wiser Advisor Group LLC acquired a new stake in Airbnb during the 3rd quarter worth approximately $27,000. Institutional investors and hedge funds own 80.76% of the company’s stock.
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.
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