LGT Group Foundation decreased its position in Airbnb, Inc. (NASDAQ:ABNB – Free Report) by 13.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 470,704 shares of the company’s stock after selling 74,246 shares during the quarter. LGT Group Foundation’s holdings in Airbnb were worth $57,577,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in ABNB. Aster Capital Management DIFC Ltd acquired a new position in Airbnb in the third quarter worth $25,000. Root Financial Partners LLC acquired a new position in shares of Airbnb in the 3rd quarter valued at about $32,000. E Fund Management Hong Kong Co. Ltd. grew its position in shares of Airbnb by 55.5% during the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 311 shares of the company’s stock valued at $38,000 after buying an additional 111 shares during the last quarter. Ameriflex Group Inc. raised its stake in Airbnb by 986.7% during the third quarter. Ameriflex Group Inc. now owns 326 shares of the company’s stock worth $40,000 after acquiring an additional 296 shares during the period. Finally, Golden State Wealth Management LLC lifted its holdings in Airbnb by 85.9% in the second quarter. Golden State Wealth Management LLC now owns 370 shares of the company’s stock worth $49,000 after acquiring an additional 171 shares during the last quarter. 80.76% of the stock is owned by institutional investors and hedge funds.
Airbnb Stock Performance
NASDAQ:ABNB opened at $133.23 on Monday. The stock has a market cap of $81.10 billion, a price-to-earnings ratio of 32.98, a PEG ratio of 1.50 and a beta of 1.12. Airbnb, Inc. has a 1 year low of $99.88 and a 1 year high of $143.88. The business has a fifty day moving average of $130.56 and a 200-day moving average of $126.57.
Airbnb News Roundup
Here are the key news stories impacting Airbnb this week:
- Positive Sentiment: Seeking Alpha highlights accelerating bookings and strong free cash flow, reinforcing Airbnb’s operational momentum and cash-generation profile that support valuation. Article Title
- Positive Sentiment: Mizuho (reported by American Banking News) said ABNB’s stock is expected to rise, signaling at least one analyst view that upside remains and contributing to ongoing analyst support. Article Title
- Positive Sentiment: Coverage on eco‑tourism and product innovation points to differentiated demand (eco-conscious travelers, new product features) that could broaden demand and improve long‑term growth visibility. Article Title
- Neutral Sentiment: Q4 earnings roundups reiterate a mixed print: revenue beat but an EPS miss (reported in February), so fundamentals are improving but near‑term profitability metrics disappointed some expectations. Article Title
- Neutral Sentiment: Short‑interest reporting in the feeds shows anomalous/zero values and appears unreliable; it does not provide a clear short‑pressure signal at this time.
- Negative Sentiment: Benzinga and other outlets point to fresh escalations in the U.S.–Israel–Iran conflict as the immediate driver of weakness — geopolitical risk is reducing near‑term travel visibility and investor appetite for travel/leisure exposure. Article Title
- Negative Sentiment: Insider selling: CFO Elinor Mertz sold multiple small blocks of shares recently (3,750 shares on Mar 2), which some investors interpret as a modest negative signal despite the small size relative to overall insider holdings. Article Title
Insider Activity at Airbnb
In other news, CFO Elinor Mertz sold 3,750 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $130.00, for a total value of $487,500.00. Following the completion of the transaction, the chief financial officer directly owned 402,417 shares in the company, valued at $52,314,210. This trade represents a 0.92% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CTO Aristotle N. Balogh sold 2,565 shares of the business’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $134.79, for a total value of $345,736.35. Following the sale, the chief technology officer directly owned 165,086 shares in the company, valued at approximately $22,251,941.94. The trade was a 1.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 485,858 shares of company stock valued at $63,189,093 over the last quarter. Corporate insiders own 27.91% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on the company. Benchmark lowered their target price on Airbnb from $155.00 to $145.00 and set a “buy” rating for the company in a report on Friday, February 13th. Sanford C. Bernstein lowered their price objective on Airbnb from $165.00 to $162.00 and set an “outperform” rating for the company in a research note on Tuesday, January 6th. BNP Paribas Exane assumed coverage on Airbnb in a research report on Monday, November 24th. They issued a “hold” rating on the stock. Mizuho raised their target price on Airbnb from $156.00 to $175.00 and gave the company an “outperform” rating in a research note on Tuesday, March 3rd. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Airbnb in a research report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Airbnb currently has a consensus rating of “Hold” and an average price target of $149.42.
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.
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