Stevens Capital Management LP Has $472,000 Holdings in Airbnb, Inc. $ABNB

Stevens Capital Management LP decreased its stake in Airbnb, Inc. (NASDAQ:ABNB) by 45.7% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 3,563 shares of the company’s stock after selling 3,000 shares during the period. Stevens Capital Management LP’s holdings in Airbnb were worth $472,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Kentucky Trust Co bought a new stake in shares of Airbnb in the 2nd quarter valued at about $25,000. E Fund Management Hong Kong Co. Ltd. increased its stake in Airbnb by 70.9% in the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 200 shares of the company’s stock valued at $26,000 after purchasing an additional 83 shares in the last quarter. Concord Wealth Partners acquired a new stake in Airbnb in the second quarter worth $28,000. Whipplewood Advisors LLC boosted its position in shares of Airbnb by 235.3% during the second quarter. Whipplewood Advisors LLC now owns 228 shares of the company’s stock worth $30,000 after purchasing an additional 160 shares in the last quarter. Finally, Armstrong Advisory Group Inc. grew its holdings in shares of Airbnb by 363.6% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 255 shares of the company’s stock valued at $34,000 after buying an additional 200 shares during the period. 80.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Airbnb news, Director Joseph Gebbia sold 236,000 shares of the company’s stock in a transaction that occurred on Monday, November 10th. The stock was sold at an average price of $120.66, for a total value of $28,475,760.00. Following the sale, the director owned 232,015 shares in the company, valued at $27,994,929.90. This represents a 50.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CTO Aristotle N. Balogh sold 600 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The shares were sold at an average price of $121.38, for a total value of $72,828.00. Following the completion of the sale, the chief technology officer directly owned 194,806 shares of the company’s stock, valued at approximately $23,645,552.28. The trade was a 0.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,444,514 shares of company stock worth $178,333,882. Corporate insiders own 27.91% of the company’s stock.

Airbnb Stock Up 2.4%

NASDAQ ABNB opened at $114.26 on Friday. The firm’s 50 day moving average is $122.52 and its 200-day moving average is $128.46. The company has a market capitalization of $70.33 billion, a PE ratio of 27.14, a price-to-earnings-growth ratio of 2.01 and a beta of 1.11. Airbnb, Inc. has a 12-month low of $99.88 and a 12-month high of $163.93.

Airbnb (NASDAQ:ABNB) last released its earnings results on Thursday, November 6th. The company reported $2.21 earnings per share for the quarter, missing analysts’ consensus estimates of $2.31 by ($0.10). Airbnb had a net margin of 22.03% and a return on equity of 32.14%. The business had revenue of $4.10 billion during the quarter, compared to the consensus estimate of $4.08 billion. During the same period last year, the business posted $2.13 EPS. The firm’s revenue for the quarter was up 9.9% on a year-over-year basis. Airbnb has set its Q4 2025 guidance at EPS. As a group, sell-side analysts expect that Airbnb, Inc. will post 4.31 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. UBS Group upped their price objective on shares of Airbnb from $145.00 to $147.00 and gave the company a “neutral” rating in a research report on Friday, November 7th. Barclays increased their price target on Airbnb from $105.00 to $107.00 and gave the stock an “underweight” rating in a report on Friday, November 7th. Mizuho set a $156.00 target price on shares of Airbnb in a report on Friday, November 7th. BMO Capital Markets set a $124.00 price target on shares of Airbnb and gave the company a “market perform” rating in a report on Thursday, August 7th. Finally, Zacks Research upgraded shares of Airbnb to a “hold” rating in a report on Tuesday, August 12th. Three analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty have given a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $143.31.

Airbnb Company Profile

Airbnb, Inc, together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company’s marketplace connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, and vacation homes.