Airbnb, Inc. $ABNB Shares Acquired by Laurel Wealth Advisors LLC

Laurel Wealth Advisors LLC boosted its stake in Airbnb, Inc. (NASDAQ:ABNB) by 13,140.0% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 662 shares of the company’s stock after acquiring an additional 657 shares during the period. Laurel Wealth Advisors LLC’s holdings in Airbnb were worth $88,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. LPL Financial LLC raised its stake in shares of Airbnb by 12.2% in the 1st quarter. LPL Financial LLC now owns 300,118 shares of the company’s stock valued at $35,435,000 after purchasing an additional 32,601 shares in the last quarter. Mackenzie Financial Corp grew its stake in Airbnb by 6.1% in the first quarter. Mackenzie Financial Corp now owns 55,842 shares of the company’s stock worth $6,671,000 after purchasing an additional 3,223 shares in the last quarter. Banque Cantonale Vaudoise bought a new stake in Airbnb in the first quarter valued at about $189,000. Arkadios Wealth Advisors increased its holdings in Airbnb by 88.1% in the first quarter. Arkadios Wealth Advisors now owns 5,580 shares of the company’s stock valued at $667,000 after buying an additional 2,613 shares during the last quarter. Finally, Natixis Advisors LLC raised its stake in Airbnb by 27.4% during the first quarter. Natixis Advisors LLC now owns 171,776 shares of the company’s stock valued at $20,520,000 after buying an additional 36,954 shares in the last quarter. 80.76% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ABNB has been the subject of several research reports. UBS Group lifted their target price on Airbnb from $145.00 to $147.00 and gave the stock a “neutral” rating in a research report on Friday, November 7th. Barclays raised their price objective on Airbnb from $105.00 to $107.00 and gave the stock an “underweight” rating in a research note on Friday, November 7th. KeyCorp started coverage on shares of Airbnb in a research note on Thursday, October 23rd. They set a “sector weight” rating for the company. Jefferies Financial Group dropped their target price on shares of Airbnb from $165.00 to $160.00 and set a “buy” rating on the stock in a report on Monday, August 11th. Finally, Citizens Jmp raised shares of Airbnb to a “hold” rating in a report on Monday, August 11th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty-one have given a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $143.31.

Insider Buying and Selling

In related news, Director Joseph Gebbia sold 236,000 shares of the firm’s stock in a transaction that occurred on Monday, September 29th. The stock was sold at an average price of $123.57, for a total value of $29,162,520.00. Following the sale, the director directly owned 940,015 shares in the company, valued at $116,157,653.55. This trade represents a 20.07% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Elinor Mertz sold 12,184 shares of Airbnb stock in a transaction on Friday, October 24th. The shares were sold at an average price of $127.65, for a total value of $1,555,287.60. Following the sale, the chief financial officer directly owned 444,070 shares in the company, valued at $56,685,535.50. The trade was a 2.67% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,676,514 shares of company stock valued at $204,832,922 over the last three months. Corporate insiders own 27.91% of the company’s stock.

Airbnb Stock Up 0.1%

ABNB stock opened at $116.80 on Friday. Airbnb, Inc. has a fifty-two week low of $99.88 and a fifty-two week high of $163.93. The firm’s 50-day simple moving average is $121.83 and its 200 day simple moving average is $128.00. The stock has a market cap of $71.90 billion, a PE ratio of 27.74, a price-to-earnings-growth ratio of 2.06 and a beta of 1.11.

Airbnb (NASDAQ:ABNB) last posted its earnings results on Thursday, November 6th. The company reported $2.21 earnings per share (EPS) 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 firm had revenue of $4.10 billion for the quarter, compared to analyst estimates of $4.08 billion. During the same period in the previous year, the firm earned $2.13 earnings per share. The company’s revenue for the quarter was up 9.9% on a year-over-year basis. Airbnb has set its Q4 2025 guidance at EPS. Equities analysts forecast that Airbnb, Inc. will post 4.31 EPS for the current fiscal year.

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.