Airbnb, Inc. $ABNB Shares Sold by Madison Asset Management LLC

Madison Asset Management LLC decreased its stake in shares of Airbnb, Inc. (NASDAQ:ABNB) by 9.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 362,323 shares of the company’s stock after selling 39,356 shares during the period. Madison Asset Management LLC’s holdings in Airbnb were worth $49,175,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Aster Capital Management DIFC Ltd bought a new stake in Airbnb in the third quarter valued at about $25,000. ORG Partners LLC lifted its holdings in Airbnb by 97.0% during the 4th quarter. ORG Partners LLC now owns 195 shares of the company’s stock worth $26,000 after buying an additional 96 shares during the last quarter. Sunbelt Securities Inc. lifted its holdings in Airbnb by 397.7% during the 3rd quarter. Sunbelt Securities Inc. now owns 219 shares of the company’s stock worth $27,000 after buying an additional 175 shares during the last quarter. Wiser Advisor Group LLC acquired a new position in shares of Airbnb in the 3rd quarter worth approximately $27,000. Finally, Aventura Private Wealth LLC bought a new stake in shares of Airbnb in the 4th quarter valued at approximately $29,000. 80.76% of the stock is currently owned by institutional investors and hedge funds.

More Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb said AI now generates 60% of new code, which management says is improving efficiency and could help lower costs or accelerate product development. The company also reported roughly 18% revenue growth to about $2.7 billion, reinforcing that demand remains solid. Airbnb Reveals AI Agents Now Handle 60% Of New Coding— CEO Brian Chesky Says That Allows One Engineer To Do Work Of 20
• Positive Sentiment: Analysts and investors are still focusing on Airbnb’s international revenue trends, which could support longer-term growth if overseas bookings continue to improve. Don’t Overlook Airbnb (ABNB) International Revenue Trends While Assessing the Stock
• Neutral Sentiment: A news item about “How to start an Airbnb business” is more educational than company-specific and is unlikely to materially move the stock. How to start an Airbnb business in 14 steps
• Neutral Sentiment: Airbnb reportedly enlisted Al Sharpton in its fight against New York City short-term rental restrictions. This highlights regulatory risk, but the article does not indicate an immediate financial impact. Airbnb enlists Al Sharpton in fight against Mamdani’s short-term rental crackdown in NYC: report
• Negative Sentiment: CEO and insider Nathan Blecharczyk sold a large block of Airbnb shares, including a 60,136-share sale and a smaller follow-up sale, which may signal reduced insider confidence and can weigh on sentiment. Nathan Blecharczyk insider trading disclosure
• Negative Sentiment: Airbnb recently missed EPS estimates, which is keeping attention on whether margin pressure or slower-than-expected profitability could limit near-term upside. Airbnb, Inc. Just Missed EPS By 14%: Here’s What Analysts Think Will Happen Next

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Citizens Jmp upped their price target on Airbnb from $160.00 to $170.00 and gave the company a “market outperform” rating in a research report on Friday, May 8th. Mizuho boosted their target price on shares of Airbnb from $156.00 to $175.00 and gave the company an “outperform” rating in a research note on Tuesday, March 3rd. Oppenheimer raised shares of Airbnb from a “market perform” rating to an “outperform” rating and set a $180.00 target price on the stock in a report on Monday, May 4th. Benchmark raised their price target on shares of Airbnb from $145.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Susquehanna lifted their price target on shares of Airbnb from $150.00 to $170.00 and gave the company a “positive” rating in a report on Friday, May 8th. Two research 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. According to data from MarketBeat, Airbnb presently has an average rating of “Moderate Buy” and an average price target of $157.67.

Insiders Place Their Bets

In related news, insider Nathan Blecharczyk sold 60,136 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $145.70, for a total value of $8,761,815.20. Following the completion of the sale, the insider owned 11,920 shares of the company’s stock, valued at $1,736,744. This represents a 83.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Joseph Gebbia sold 58,000 shares of the stock in a transaction dated Monday, April 6th. The shares were sold at an average price of $126.16, for a total transaction of $7,317,280.00. Following the completion of the transaction, the director owned 170,015 shares of the company’s stock, valued at $21,449,092.40. This represents a 25.44% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 459,838 shares of company stock worth $62,185,245 over the last three months. Corporate insiders own 27.21% of the company’s stock.

Airbnb Stock Performance

Shares of NASDAQ ABNB opened at $135.48 on Wednesday. Airbnb, Inc. has a 12-month low of $110.81 and a 12-month high of $147.25. The company has a market cap of $82.47 billion, a PE ratio of 33.37, a P/E/G ratio of 1.47 and a beta of 1.20. The stock has a 50 day simple moving average of $133.61 and a 200-day simple moving average of $129.51. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 0.32.

Airbnb (NASDAQ:ABNB) last posted 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 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 firm’s revenue was up 17.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.24 earnings per share. On average, equities research analysts forecast that Airbnb, Inc. will post 4.91 EPS for the current year.

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.