Rakuten Investment Management Inc. Makes New $17.55 Million Investment in Airbnb, Inc. $ABNB

Rakuten Investment Management Inc. purchased a new stake in Airbnb, Inc. (NASDAQ:ABNB) during the third quarter, HoldingsChannel.com reports. The firm purchased 111,814 shares of the company’s stock, valued at approximately $17,550,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Wellington Management Group LLP grew its stake in shares of Airbnb by 80.6% during the second quarter. Wellington Management Group LLP now owns 5,785,665 shares of the company’s stock valued at $827,929,000 after purchasing an additional 2,581,539 shares during the last quarter. Amundi lifted its position in Airbnb by 8.6% during the 1st quarter. Amundi now owns 4,686,765 shares of the company’s stock valued at $591,845,000 after purchasing an additional 370,426 shares during the period. Assenagon Asset Management S.A. boosted its stake in shares of Airbnb by 114.6% in the 3rd quarter. Assenagon Asset Management S.A. now owns 3,401,521 shares of the company’s stock valued at $546,454,000 after purchasing an additional 1,816,522 shares during the last quarter. Jennison Associates LLC lifted its holdings in Airbnb by 9,331.0% in the first quarter. Jennison Associates LLC now owns 3,172,959 shares of the company’s stock valued at $400,681,000 after buying an additional 3,139,315 shares during the period. Finally, Robeco Institutional Asset Management B.V. lifted its holdings in Airbnb by 61.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 2,201,279 shares of the company’s stock valued at $353,635,000 after buying an additional 835,208 shares during the period. Institutional investors and hedge funds own 80.76% of the company’s stock.

Airbnb News Roundup

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb has added more than 1 million listings to American Express Travel. Eligible U.S. cardholders can earn Membership Rewards points and receive statement credits on qualifying Airbnb bookings, giving the company access to Amex’s travel customers and a potential new booking channel. Airbnb brings over 1 million listings to a major card travel portal
• Positive Sentiment: UBS raised its price target to $181 from $172, while keeping a neutral rating. The higher target is a modestly supportive analyst signal, though the neutral rating indicates limited conviction. UBS price-target update
• Neutral Sentiment: Investors are looking for Q3 updates on travel demand, bookings, and AI-related improvements. Previews see these as potential supports for results, but note that higher costs could weigh on margins; the actual results are due Nov. 5. Airbnb to report Q3 earnings: what’s in store for the stock?
• Negative Sentiment: Options-market data cited by Barchart suggests investors are bracing for a potentially downward move after earnings. This reflects event risk and expectations—not a confirmed forecast of Airbnb’s results or share-price direction. Barchart options data ahead of earnings
• Negative Sentiment: CEO Brian Chesky said his “founder mode” leadership approach contributed to the departure of executives who did not want to work under it. The comments may draw attention to leadership and retention risks, although they describe past challenges. Airbnb CEO discusses founder mode and executive departures
• Negative Sentiment: Chief Accounting Officer David Bernstein sold 1,756 shares, reducing his holdings by 3.85%. He still owns 43,899 shares, so the sale is a limited insider signal. SEC filing on David Bernstein’s stock sale

Analysts Set New Price Targets

A number of brokerages recently weighed in on ABNB. Wedbush upgraded shares of Airbnb from a “neutral” rating to an “outperform” rating and increased their price target for the company from $152.00 to $200.00 in a research report on Friday, August 7th. BNP Paribas Exane upped their price objective on Airbnb from $150.00 to $175.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Raymond James Financial reaffirmed an “outperform” rating on shares of Airbnb in a research report on Tuesday. Citizens Jmp upped their price objective on shares of Airbnb from $190.00 to $200.00 and gave the company a “market outperform” rating in a report on Friday, September 18th. Finally, DA Davidson lifted their price objective on shares of Airbnb from $175.00 to $220.00 and gave the stock a “buy” rating in a research note on Monday, August 31st. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-seven have issued a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $182.65.

Airbnb Stock Up 5.6%

Shares of NASDAQ ABNB opened at $176.37 on Thursday. The company has a 50 day simple moving average of $169.32 and a 200 day simple moving average of $147.22. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.41 and a quick ratio of 1.41. Airbnb, Inc. has a 1 year low of $110.81 and a 1 year high of $193.45. The firm has a market cap of $105.61 billion, a PE ratio of 40.08, a price-to-earnings-growth ratio of 1.91 and a beta of 1.26.

Airbnb (NASDAQ:ABNB) last issued its quarterly earnings results on Thursday, August 6th. The company reported $1.37 EPS for the quarter, beating 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 business had revenue of $3.61 billion for the quarter, compared to analysts’ expectations of $3.58 billion. During the same quarter in the prior year, the firm posted $1.03 earnings per share. The business’s quarterly revenue was up 16.3% compared to the same quarter last year. On average, research analysts forecast that Airbnb, Inc. will post 5.29 EPS for the current year.

Insider Activity at Airbnb

In other news, CEO Brian Chesky sold 200,000 shares of Airbnb stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $174.79, for a total transaction of $34,958,000.00. Following the completion of the transaction, the chief executive officer directly owned 10,501,685 shares in the company, valued at $1,835,589,521.15. This trade represents a 1.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Nathan Blecharczyk sold 531,000 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $174.41, for a total value of $92,611,710.00. Following the completion of the transaction, the insider owned 171,370 shares in the company, valued at $29,888,641.70. This represents a 75.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 1,283,723 shares of company stock worth $230,764,440. Corporate insiders own 27.21% of the company’s stock.

About Airbnb

Airbnb, Inc operates a global online marketplace that connects guests seeking accommodations and travel activities with hosts and service providers. Its platform enables users to search for, book and review a broad range of stays, including private rooms, entire homes, apartments and other distinctive properties.

In addition to lodging, Airbnb offers experiences and activities hosted by local individuals and businesses. The company also provides tools and services that help hosts create listings, manage bookings, communicate with guests and receive payments.