Maridea Wealth Management LLC purchased a new position in shares of Airbnb, Inc. (NASDAQ:ABNB – Free Report) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 12,715 shares of the company’s stock, valued at approximately $1,726,000.
Several other hedge funds also recently added to or reduced their stakes in ABNB. Procyon Advisors LLC grew its stake in shares of Airbnb by 19.8% in the fourth quarter. Procyon Advisors LLC now owns 9,254 shares of the company’s stock valued at $1,256,000 after buying an additional 1,528 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in Airbnb by 8.2% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,522 shares of the company’s stock worth $207,000 after acquiring an additional 115 shares in the last quarter. Aventura Private Wealth LLC acquired a new position in Airbnb during the 4th quarter worth approximately $29,000. Riversedge Advisors LLC boosted its holdings in Airbnb by 22.6% in the 4th quarter. Riversedge Advisors LLC now owns 2,439 shares of the company’s stock worth $331,000 after acquiring an additional 449 shares during the period. Finally, Penbrook Management LLC boosted its holdings in Airbnb by 1.1% in the 4th quarter. Penbrook Management LLC now owns 8,950 shares of the company’s stock worth $1,215,000 after acquiring an additional 100 shares during the period. 80.76% of the stock is owned by hedge funds and other institutional investors.
Insider Activity
In other news, Director Joseph Gebbia sold 58,000 shares of the firm’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 completion of the sale, the director directly owned 286,015 shares of the company’s stock, valued at $37,545,189.05. This trade represents a 16.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Nathan Blecharczyk sold 4,260 shares of Airbnb stock in a transaction on Friday, February 20th. The stock was sold at an average price of $125.29, for a total value of $533,735.40. Following the completion of the transaction, the insider owned 49,250 shares in the company, valued at $6,170,532.50. The trade was a 7.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 363,510 shares of company stock worth $47,422,070. Insiders own 27.91% of the company’s stock.
Airbnb Stock Down 1.7%
Airbnb (NASDAQ:ABNB – Get Free Report) last issued its earnings results on Thursday, February 12th. The company reported $0.56 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.10). The business had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.71 billion. Airbnb had a return on equity of 30.88% and a net margin of 20.51%.The company’s quarterly revenue was up 12.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.73 earnings per share. On average, sell-side analysts anticipate that Airbnb, Inc. will post 4.31 earnings per share for the current year.
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on ABNB. Cantor Fitzgerald set a $121.00 price objective on shares of Airbnb in a research note on Friday, February 13th. Wells Fargo & Company raised their target price on Airbnb from $128.00 to $133.00 and gave the company an “equal weight” rating in a research note on Friday, February 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Airbnb in a research report on Wednesday, January 21st. Mizuho boosted their price target on Airbnb from $156.00 to $175.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 3rd. Finally, Barclays increased their price target on Airbnb from $120.00 to $122.00 and gave the company an “equal weight” rating in a report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, sixteen have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Airbnb has an average rating of “Hold” and a consensus target price of $147.40.
Get Our Latest Analysis on Airbnb
More Airbnb News
Here are the key news stories impacting Airbnb this week:
- Positive Sentiment: Analyst/industry write-ups framing Airbnb as resilient through market volatility and highlighting demand durability could support the shares. Airbnb: A Comfortable Stay Through Heightened Market Volatility
- Positive Sentiment: Valuation-check pieces note recent share-price gains and argue there are mixed but potentially constructive fair-value signals after a pullback — a reason some investors view the dip as a buying opportunity. Airbnb (ABNB) Valuation Check After Recent Share Price Gains And Conflicting Fair Value Signals
- Neutral Sentiment: Multiple outlets note Airbnb’s technicals are largely tracking the Nasdaq, so broader market moves are influencing the stock as much as company-specific news. Airbnb (NASDAQ:ABNB) Trading Signals Track Nasdaq Composite
- Neutral Sentiment: Brokerage coverage is running around an average “Hold” consensus, which suggests limited near-term catalyst from upgrades/downgrades. Airbnb, Inc. (NASDAQ:ABNB) Given Average Rating of “Hold” by Brokerages
- Neutral Sentiment: Travel-peer volatility (e.g., Expedia commentary) and macro/margin concerns are creating mixed sentiment across the sector rather than uniquely affecting Airbnb. Expedia Stock Turns Volatile After Rally. Where Does It Go Next?
- Neutral Sentiment: Consumer anecdotes about guest-host disputes surface in the press; these are reputationally relevant but unlikely to move the stock materially on their own. ‘This guy has no manners’: My Airbnb guest requested I buy bacon and beer…
- Negative Sentiment: A recent market note flagged Airbnb underperforming the broader market in today’s session, which can amplify selling pressure when sentiment is fragile. Airbnb, Inc. (ABNB) Suffers a Larger Drop Than the General Market: Key Insights
- Negative Sentiment: Reports point to a rise in short-interest figures for March, though the published data appears inconsistent (zeros/NaN), creating uncertainty — rising short interest or even reports of it can pressure the stock until the data is clarified. (Data entries 3/19–3/20)
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.
Featured Stories
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