University of Texas Texas AM Investment Management Co. Buys New Stake in Airbnb, Inc. $ABNB

University of Texas Texas AM Investment Management Co. bought a new stake in shares of Airbnb, Inc. (NASDAQ:ABNB) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 5,018 shares of the company’s stock, valued at approximately $681,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. 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 valued at $26,000 after acquiring an additional 112 shares in the last quarter. ORG Partners LLC lifted its holdings in shares of Airbnb by 97.0% during the 4th quarter. ORG Partners LLC now owns 195 shares of the company’s stock valued at $26,000 after acquiring an additional 96 shares in the last quarter. Entrust Financial LLC acquired a new position in shares of Airbnb during the 4th quarter valued at $27,000. Aster Capital Management DIFC Ltd acquired a new position in shares of Airbnb during the 3rd quarter valued at $25,000. Finally, Aventura Private Wealth LLC acquired a new position in shares of Airbnb during the 4th quarter valued at $29,000. Institutional investors and hedge funds own 80.76% of the company’s stock.

Airbnb Price Performance

ABNB opened at $138.96 on Tuesday. The company has a 50-day moving average of $135.19 and a 200-day moving average of $131.51. The company has a market capitalization of $83.75 billion, a P/E ratio of 34.23, a PEG ratio of 1.42 and a beta of 1.16. Airbnb, Inc. has a 1-year low of $110.81 and a 1-year high of $147.25. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.44 and a current ratio of 1.44.

Airbnb (NASDAQ:ABNB) last released its earnings results on Thursday, May 7th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.05). The company had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.62 billion. Airbnb had a return on equity of 31.24% and a net margin of 19.90%.Airbnb’s revenue for the quarter was up 17.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.24 EPS. Equities analysts expect that Airbnb, Inc. will post 4.91 EPS for the current fiscal year.

Insider Transactions at Airbnb

In related news, CEO Brian Chesky sold 4,195 shares of the business’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $135.71, for a total transaction of $569,303.45. Following the completion of the sale, the chief executive officer owned 10,732,428 shares of the company’s stock, valued at $1,456,497,803.88. This represents a 0.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Joseph Gebbia sold 265,000 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $135.45, for a total transaction of $35,894,250.00. Following the sale, the director directly owned 3,182,355 shares of the company’s stock, valued at approximately $431,049,984.75. This represents a 7.69% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,677,117 shares of company stock valued at $226,595,468. Insiders own 27.21% of the company’s stock.

Key Headlines Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Shares rose after news of a new peace deal that could reopen the Strait of Hormuz, easing geopolitical risk and supporting travel-related stocks like Airbnb. Why Airbnb (ABNB) Stock Is Trading Up Today
• Positive Sentiment: Truist raised its price target on Airbnb to $134 from $129, signaling slightly improved expectations even though it kept a hold rating. Benzinga report on Truist price target increase
• Neutral Sentiment: Baron Capital highlighted Airbnb in a fund letter discussing the company’s resilience to AI-driven changes in travel and real estate, which is more of a long-term strategic view than an immediate stock-moving event. Is Airbnb (ABNB) Resilient to AI Transition?

Analysts Set New Price Targets

Several research firms recently weighed in on ABNB. Royal Bank Of Canada restated an “outperform” rating and set a $173.00 target price on shares of Airbnb in a report on Thursday, May 21st. Evercore reaffirmed an “outperform” rating on shares of Airbnb in a research note on Friday, May 8th. Susquehanna lifted their price target on shares of Airbnb from $150.00 to $170.00 and gave the stock a “positive” rating in a research note on Friday, May 8th. DA Davidson lifted their price target on shares of Airbnb from $150.00 to $162.00 and gave the stock a “buy” rating in a research note on Monday, May 11th. Finally, HC Wainwright raised shares of Airbnb to a “buy” rating in a research note on Monday, May 4th. Two analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $157.96.

Airbnb 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.