Essential Partners LLC Has $1.03 Million Holdings in Airbnb, Inc. $ABNB

Essential Partners LLC trimmed its holdings in shares of Airbnb, Inc. (NASDAQ:ABNB) by 49.5% during the first quarter, Holdings Channel.com reports. The institutional investor owned 8,200 shares of the company’s stock after selling 8,050 shares during the quarter. Essential Partners LLC’s holdings in Airbnb were worth $1,035,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of ABNB. Caxton Associates LLP acquired a new position in shares of Airbnb during the 1st quarter valued at $258,000. Intech Investment Management LLC grew its holdings in Airbnb by 55.8% in the first quarter. Intech Investment Management LLC now owns 12,161 shares of the company’s stock worth $1,453,000 after purchasing an additional 4,353 shares during the period. Sivia Capital Partners LLC grew its holdings in Airbnb by 18.8% in the second quarter. Sivia Capital Partners LLC now owns 5,866 shares of the company’s stock worth $776,000 after purchasing an additional 927 shares during the period. WINTON GROUP Ltd bought a new stake in Airbnb in the second quarter valued at $411,000. Finally, NewEdge Advisors LLC increased its position in Airbnb by 9.8% in the 2nd quarter. NewEdge Advisors LLC now owns 54,054 shares of the company’s stock valued at $7,153,000 after buying an additional 4,811 shares in the last quarter. Institutional investors and hedge funds own 80.76% of the company’s stock.

Airbnb Price Performance

NASDAQ ABNB opened at $152.08 on Friday. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.32. The company has a market cap of $91.66 billion, a PE ratio of 37.46, a price-to-earnings-growth ratio of 1.64 and a beta of 1.14. Airbnb, Inc. has a 52 week low of $110.81 and a 52 week high of $156.50. The firm’s 50-day simple moving average is $141.24 and its two-hundred day simple moving average is $134.98.

Airbnb (NASDAQ:ABNB) last posted 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). Airbnb had a return on equity of 31.24% and a net margin of 19.90%.The business had revenue of $2.68 billion during the quarter, compared to analysts’ expectations of $2.62 billion. During the same quarter in the previous year, the business earned $0.24 EPS. Airbnb’s revenue for the quarter was up 17.9% on a year-over-year basis. Research analysts predict that Airbnb, Inc. will post 4.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

ABNB has been the subject of a number of analyst reports. Citizens Jmp lifted their price objective on shares of Airbnb from $160.00 to $170.00 and gave the company a “market outperform” rating in a report on Friday, May 8th. Robert W. Baird lifted their price target on Airbnb from $150.00 to $160.00 and gave the stock an “outperform” rating in a report on Monday, June 29th. DA Davidson boosted their target price on shares of Airbnb from $150.00 to $162.00 and gave the company a “buy” rating in a research note on Monday, May 11th. JPMorgan Chase & Co. increased their target price on shares of Airbnb from $130.00 to $140.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Finally, Evercore restated an “outperform” rating on shares of Airbnb in a research note on Friday, May 8th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $160.65.

Insider Buying and Selling at Airbnb

In related news, insider Nathan Blecharczyk sold 13,615 shares of the business’s stock in a transaction on Monday, July 20th. The stock was sold at an average price of $145.43, for a total transaction of $1,980,029.45. Following the sale, the insider directly owned 12,370 shares in the company, valued at approximately $1,798,969.10. The trade was a 52.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Elinor Mertz sold 3,750 shares of the business’s stock in a transaction on Thursday, July 2nd. The shares were sold at an average price of $148.01, for a total value of $555,037.50. Following the sale, the chief financial officer owned 445,290 shares in the company, valued at approximately $65,907,372.90. The trade was a 0.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 2,510,479 shares of company stock worth $349,064,808. 27.21% of the stock is owned by insiders.

Key Stories Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: UBS raised its price target on Airbnb from $157 to $163 while maintaining a neutral rating, implying additional upside from recent levels. The higher target suggests the firm sees improving earnings or operating prospects, even though it does not recommend aggressively buying the stock. UBS raises Airbnb price target
• Positive Sentiment: Airbnb is expected to report quarterly results next week, and earnings previews from Zacks indicate the company has favorable conditions for a potential beat. Investors are looking for continued revenue growth and profitability after the latest quarter’s revenue increased 17.9% year over year. Airbnb earnings expectations
• Neutral Sentiment: Morgan Stanley raised its price target from $120 to $125 but retained an underweight rating. The target increase is modest and still places the stock well above the firm’s valuation estimate, underscoring disagreement on Airbnb’s growth outlook. Morgan Stanley raises Airbnb price target
• Negative Sentiment: Director Joseph Gebbia sold 265,000 shares for approximately $38.6 million, reducing his direct ownership by 12.66%. The sale follows additional large transactions and may weigh on sentiment ahead of earnings, although insider sales can also reflect planned diversification rather than weaker fundamentals. Joseph Gebbia insider sale
• Negative Sentiment: Airbnb trades at a premium valuation relative to Booking Holdings, while regulatory risks facing short-term rentals remain a concern. Morgan Stanley’s underweight stance reinforces worries that current expectations may already price in much of the company’s growth. Airbnb versus Booking

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.