Delta Global Management LP Has $1.57 Million Stock Holdings in Airbnb, Inc. $ABNB

Delta Global Management LP lowered its holdings in shares of Airbnb, Inc. (NASDAQ:ABNB) by 41.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,554 shares of the company’s stock after selling 8,125 shares during the period. Delta Global Management LP’s holdings in Airbnb were worth $1,568,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in ABNB. Aster Capital Management DIFC Ltd acquired a new stake in Airbnb during the third quarter worth approximately $25,000. ORG Partners LLC grew its stake in Airbnb by 97.0% during the fourth quarter. ORG Partners LLC now owns 195 shares of the company’s stock worth $26,000 after purchasing an additional 96 shares during the period. Transamerica Financial Advisors LLC grew its stake in Airbnb by 143.6% during the fourth quarter. Transamerica Financial Advisors LLC now owns 190 shares of the company’s stock worth $26,000 after purchasing an additional 112 shares during the period. Entrust Financial LLC acquired a new stake in Airbnb during the fourth quarter worth approximately $27,000. Finally, Sunbelt Securities Inc. grew its stake in Airbnb by 397.7% during the third quarter. Sunbelt Securities Inc. now owns 219 shares of the company’s stock worth $27,000 after purchasing an additional 175 shares during the period. Institutional investors and hedge funds own 80.76% of the company’s stock.

Insider Activity

In other news, CEO Brian Chesky sold 265,746 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $132.22, for a total value of $35,136,936.12. Following the transaction, the chief executive officer owned 11,206,389 shares in the company, valued at $1,481,708,753.58. This trade represents a 2.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Joseph Gebbia sold 265,000 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $135.45, for a total value of $35,894,250.00. Following the completion of the transaction, the director owned 3,182,355 shares in the company, valued at $431,049,984.75. This represents a 7.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,677,117 shares of company stock worth $226,595,468 over the last 90 days. 27.21% of the stock is currently owned by corporate insiders.

Airbnb Stock Up 1.6%

Shares of NASDAQ:ABNB opened at $141.20 on Wednesday. The business’s 50 day simple moving average is $135.51 and its two-hundred day simple moving average is $131.68. The firm has a market cap of $85.10 billion, a P/E ratio of 34.78, a PEG ratio of 1.49 and a beta of 1.16. 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, Inc. has a 52-week low of $110.81 and a 52-week high of $147.25.

Airbnb (NASDAQ:ABNB) last posted 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). Airbnb had a net margin of 19.90% and a return on equity of 31.24%. The company had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.62 billion. During the same quarter in the prior year, the business earned $0.24 EPS. The firm’s revenue for the quarter was up 17.9% compared to the same quarter last year. As a group, research analysts forecast that Airbnb, Inc. will post 4.91 EPS for the current fiscal year.

Key Stories Impacting Airbnb

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Airbnb gained on a market-wide relief rally tied to the reported peace deal and reopening of the Strait of Hormuz, which reduced geopolitical and oil-price fears and supported travel stocks. Why Airbnb (ABNB) Stock Is Trading Up Today
• Neutral Sentiment: Truist raised its price target on Airbnb to $134 from $129, but kept a Hold rating, suggesting limited near-term upside from current levels. Airbnb Price Target Raised by Truist
• Neutral Sentiment: Baron Capital highlighted Airbnb in its latest fund letter, focusing on the company’s resilience as AI reshapes the travel and real estate landscape; this is more of a long-term investment discussion than a direct catalyst. Is Airbnb (ABNB) Resilient to AI Transition?

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Barclays raised their target price on Airbnb from $122.00 to $125.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $170.00 target price on shares of Airbnb in a research note on Friday, May 8th. Argus raised Airbnb to a “strong-buy” rating in a research note on Tuesday, February 17th. Citizens Jmp raised their target price on Airbnb from $160.00 to $170.00 and gave the stock a “market outperform” rating in a research note on Friday, May 8th. Finally, Susquehanna raised their target price on Airbnb from $150.00 to $170.00 and gave the stock a “positive” rating in a research note on Friday, May 8th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $157.96.

Airbnb 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.