Empowered Funds LLC Has $9.87 Million Stake in Airbnb, Inc. $ABNB

Empowered Funds LLC raised its stake in Airbnb, Inc. (NASDAQ:ABNB) by 2.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 74,590 shares of the company’s stock after acquiring an additional 1,878 shares during the quarter. Empowered Funds LLC’s holdings in Airbnb were worth $9,871,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Kingsview Wealth Management LLC lifted its stake in Airbnb by 3.1% in the 1st quarter. Kingsview Wealth Management LLC now owns 3,942 shares of the company’s stock valued at $471,000 after purchasing an additional 117 shares during the last quarter. Kestra Private Wealth Services LLC increased its holdings in shares of Airbnb by 15.4% during the first quarter. Kestra Private Wealth Services LLC now owns 20,019 shares of the company’s stock worth $2,391,000 after buying an additional 2,667 shares in the last quarter. Teachers Retirement System of The State of Kentucky lifted its stake in shares of Airbnb by 2.7% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 33,421 shares of the company’s stock valued at $3,993,000 after acquiring an additional 864 shares during the last quarter. Los Angeles Capital Management LLC boosted its holdings in shares of Airbnb by 2,422.1% during the 1st quarter. Los Angeles Capital Management LLC now owns 53,015 shares of the company’s stock valued at $6,333,000 after acquiring an additional 50,913 shares in the last quarter. Finally, Crestwood Advisors Group LLC grew its position in Airbnb by 25.4% during the 1st quarter. Crestwood Advisors Group LLC now owns 2,666 shares of the company’s stock worth $318,000 after acquiring an additional 540 shares during the last quarter. 80.76% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, CTO Aristotle N. Balogh sold 600 shares of Airbnb stock in a transaction dated Thursday, October 23rd. The stock was sold at an average price of $127.53, for a total value of $76,518.00. Following the completion of the transaction, the chief technology officer directly owned 196,606 shares of the company’s stock, valued at approximately $25,073,163.18. This trade represents a 0.30% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Joseph Gebbia sold 236,000 shares of the business’s stock in a transaction dated Monday, September 29th. The shares were sold at an average price of $123.57, for a total value of $29,162,520.00. Following the completion of the transaction, the director directly owned 940,015 shares in the company, valued at $116,157,653.55. This represents a 20.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,445,114 shares of company stock valued at $178,408,858 over the last quarter. Insiders own 27.83% of the company’s stock.

Airbnb Price Performance

Shares of ABNB stock opened at $115.42 on Wednesday. The stock has a market capitalization of $71.05 billion, a PE ratio of 27.42, a PEG ratio of 2.07 and a beta of 1.11. The business’s 50 day simple moving average is $123.09 and its 200 day simple moving average is $128.70. Airbnb, Inc. has a one year low of $99.88 and a one year high of $163.93.

Airbnb (NASDAQ:ABNB) last released its quarterly earnings results on Thursday, November 6th. The company reported $2.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.31 by ($0.10). Airbnb had a return on equity of 32.14% and a net margin of 22.03%.The firm had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.08 billion. During the same quarter in the previous year, the business posted $2.13 EPS. The firm’s revenue for the quarter was up 9.9% compared to the same quarter last year. Airbnb has set its Q4 2025 guidance at EPS. As a group, research analysts expect that Airbnb, Inc. will post 4.31 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on ABNB shares. Sanford C. Bernstein reiterated an “outperform” rating and issued a $165.00 target price on shares of Airbnb in a research report on Friday, November 7th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Airbnb in a research note on Wednesday, October 8th. Barclays lifted their target price on shares of Airbnb from $105.00 to $107.00 and gave the stock an “underweight” rating in a research report on Friday, November 7th. UBS Group boosted their target price on shares of Airbnb from $145.00 to $147.00 and gave the stock a “neutral” rating in a report on Friday, November 7th. Finally, Mizuho set a $156.00 price target on shares of Airbnb in a research note on Friday, November 7th. Three analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty have assigned a Hold rating and five have given a Sell rating to the company. According to MarketBeat, Airbnb presently has a consensus rating of “Hold” and an average target price of $143.31.

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.