Nathan Blecharczyk Sells 2,739 Shares of Airbnb (NASDAQ:ABNB) Stock

Airbnb, Inc. (NASDAQ:ABNBGet Free Report) insider Nathan Blecharczyk sold 2,739 shares of the firm’s stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of $131.40, for a total value of $359,904.60. Following the completion of the sale, the insider directly owned 81,631 shares in the company, valued at approximately $10,726,313.40. This represents a 3.25% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

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

  • On Monday, May 11th, Nathan Blecharczyk sold 627 shares of Airbnb stock. The shares were sold at an average price of $145.67, for a total value of $91,335.09.
  • On Friday, May 8th, Nathan Blecharczyk sold 60,136 shares of Airbnb stock. The shares were 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 shares were 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 shares were 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 shares were sold at an average price of $125.29, for a total value of $533,735.40.

Airbnb Trading Down 1.4%

Shares of ABNB stock opened at $132.35 on Friday. The stock’s fifty day moving average price is $133.54 and its two-hundred day moving average price is $129.83. The company has a market cap of $79.77 billion, a PE ratio of 32.60, a P/E/G ratio of 1.44 and a beta of 1.20. Airbnb, Inc. has a fifty-two week low of $110.81 and a fifty-two week 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:ABNBGet Free Report) last issued its earnings results on Thursday, May 7th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.05). The business had revenue of $2.68 billion during the quarter, compared to analyst estimates of $2.62 billion. Airbnb had a net margin of 19.90% and a return on equity of 31.24%. The company’s revenue for the quarter was up 17.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.24 EPS. Equities analysts predict that Airbnb, Inc. will post 4.91 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts recently weighed in on ABNB shares. UBS Group raised their price objective on Airbnb from $153.00 to $157.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Royal Bank Of Canada reissued an “outperform” rating and set a $173.00 price objective on shares of Airbnb in a report on Thursday. Cantor Fitzgerald raised Airbnb from a “neutral” rating to an “overweight” rating in a report on Monday, May 4th. Robert W. Baird set a $150.00 price objective on Airbnb in a report on Friday, May 8th. Finally, Benchmark raised their price objective on Airbnb from $145.00 to $160.00 and gave the company a “buy” rating in a report on Friday, May 8th. Two analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $157.67.

View Our Latest Stock Analysis on ABNB

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of ABNB. Caxton Associates LLP acquired a new position in Airbnb during the 1st quarter worth about $258,000. Intech Investment Management LLC lifted its holdings in Airbnb by 55.8% during the 1st quarter. Intech Investment Management LLC now owns 12,161 shares of the company’s stock worth $1,453,000 after buying an additional 4,353 shares during the period. Sivia Capital Partners LLC lifted its holdings in Airbnb by 18.8% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,866 shares of the company’s stock worth $776,000 after buying an additional 927 shares during the period. WINTON GROUP Ltd acquired a new position in Airbnb during the 2nd quarter worth about $411,000. Finally, NewEdge Advisors LLC lifted its holdings in Airbnb by 9.8% during the 2nd quarter. NewEdge Advisors LLC now owns 54,054 shares of the company’s stock worth $7,153,000 after buying an additional 4,811 shares during the period. 80.76% of the stock is owned by institutional investors and hedge funds.

Airbnb News Summary

Here are the key news stories impacting Airbnb this week:

Airbnb Company Profile

(Get Free Report)

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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