Insider Selling: Airbnb (NASDAQ:ABNB) Insider Sells $91,335.09 in Stock

Airbnb, Inc. (NASDAQ:ABNB) insider Nathan Blecharczyk sold 627 shares of the stock in a transaction on Monday, May 11th. The stock was sold at an average price of $145.67, for a total value of $91,335.09. Following the sale, the insider owned 11,920 shares in the company, valued at $1,736,386.40. The trade was a 5.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Nathan Blecharczyk also recently made the following trade(s):

• On Friday, May 8th, Nathan Blecharczyk sold 60,136 shares of Airbnb stock. The stock was sold at an average price of $145.70, for a total value of $8,761,815.20.
• On Wednesday, April 22nd, Nathan Blecharczyk sold 24,788 shares of Airbnb stock. The stock was sold at an average price of $145.86, for a total value of $3,615,577.68.
• On Tuesday, April 21st, Nathan Blecharczyk sold 10,777 shares of Airbnb stock. The stock was sold at an average price of $145.25, for a total value of $1,565,359.25.
• On Friday, February 20th, Nathan Blecharczyk sold 4,260 shares of Airbnb stock. The stock was sold at an average price of $125.29, for a total value of $533,735.40.

Airbnb Price Performance

Shares of ABNB stock opened at $133.67 on Friday. The stock’s fifty day moving average is $133.62 and its 200-day moving average is $129.59. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.44 and a current ratio of 1.44. The stock has a market capitalization of $81.37 billion, a PE ratio of 32.92, a PEG ratio of 1.43 and a beta of 1.20. Airbnb, Inc. has a 52 week low of $110.81 and a 52 week high of $147.25.

Airbnb (NASDAQ:ABNB) last announced its earnings results on Thursday, May 7th. The company reported $0.26 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.05). The business had revenue of $2.68 billion for 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 quarter in the previous year, the company posted $0.24 EPS. Equities research analysts expect that Airbnb, Inc. will post 4.91 EPS for the current fiscal year.

Hedge Funds Weigh In On Airbnb

Several hedge funds have recently added to or reduced their stakes in the stock. Wealth Alliance LLC lifted its stake in Airbnb by 17.8% in the first quarter. Wealth Alliance LLC now owns 6,091 shares of the company’s stock valued at $769,000 after buying an additional 919 shares during the period. Empirical Finance LLC lifted its stake in Airbnb by 3.6% in the first quarter. Empirical Finance LLC now owns 3,531 shares of the company’s stock valued at $446,000 after buying an additional 124 shares during the period. Gabelli Funds LLC acquired a new position in Airbnb in the first quarter valued at about $751,000. Pennington Partners & CO. LLC lifted its stake in Airbnb by 7.6% in the first quarter. Pennington Partners & CO. LLC now owns 5,209 shares of the company’s stock valued at $658,000 after buying an additional 368 shares during the period. Finally, Aristides Capital LLC lifted its stake in Airbnb by 13.9% in the first quarter. Aristides Capital LLC now owns 20,471 shares of the company’s stock valued at $2,585,000 after buying an additional 2,504 shares during the period. Institutional investors and hedge funds own 80.76% of the company’s stock.

Airbnb News Summary

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: DA Davidson raised its price target on Airbnb to $162 from $150 and kept a Buy rating, citing resilient growth and first-quarter results that came in ahead of expectations. Other recent analysts also lifted targets, reinforcing a generally constructive view on the stock. DA Davidson Highlights Airbnb’s (ABNB) Resilient Growth despite Middle East Conflict
• Positive Sentiment: Investor attention is elevated, with Airbnb showing up as a trending stock in recent coverage, which can help keep the name in focus and support trading interest. Airbnb, Inc. (ABNB) Is a Trending Stock: Facts to Know Before Betting on It
• Positive Sentiment: Jim Cramer’s positive comments on Airbnb added to the bullish tone around the shares, suggesting some investors see the company as attractive despite recent volatility. Here’s Why Jim Cramer Is Happy With AirBnb (ABNB)
• Neutral Sentiment: Airbnb remains a frequent subject of market coverage tied to travel, international revenue trends, and sector reports, but these items are more informational than stock-moving on their own. Don’t Overlook Airbnb (ABNB) International Revenue Trends While Assessing the Stock
• Negative Sentiment: Insider Nathan Blecharczyk sold a large block of Airbnb shares, including a recent sale of 60,136 shares and a smaller follow-up sale. Heavy insider selling can weigh on investor confidence, even if it does not necessarily reflect a change in fundamentals. Nathan Blecharczyk insider trading disclosure
• Negative Sentiment: Airbnb’s latest earnings report missed EPS expectations, and that keeps attention on profitability and margin pressure as investors assess how much upside is left near term. Airbnb, Inc. Just Missed EPS By 14%: Here’s What Analysts Think Will Happen Next

Analyst Ratings Changes

ABNB has been the topic of several recent research reports. Scotiabank initiated coverage on Airbnb in a report on Monday, May 4th. They issued an “outperform” rating on the stock. JPMorgan Chase & Co. raised their price target on Airbnb from $130.00 to $140.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Oppenheimer upgraded Airbnb from a “market perform” rating to an “outperform” rating and set a $180.00 price target on the stock in a report on Monday, May 4th. Argus upgraded Airbnb to a “strong-buy” rating in a report on Tuesday, February 17th. Finally, Rodman & Renshaw initiated coverage on Airbnb in a report on Monday, May 4th. They issued a “buy” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Airbnb presently has a consensus rating of “Moderate Buy” and an average price target of $157.67.

About Airbnb

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.