Steward Partners Investment Advisory LLC Has $5.04 Million Holdings in Airbnb, Inc. $ABNB

Steward Partners Investment Advisory LLC lifted its stake in shares of Airbnb, Inc. (NASDAQ:ABNB) by 155.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 38,091 shares of the company’s stock after purchasing an additional 23,157 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Airbnb were worth $5,041,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Kentucky Trust Co acquired a new position in Airbnb during the 2nd quarter worth $25,000. E Fund Management Hong Kong Co. Ltd. raised its position in shares of Airbnb by 70.9% during the second quarter. E Fund Management Hong Kong Co. Ltd. now owns 200 shares of the company’s stock worth $26,000 after acquiring an additional 83 shares during the last quarter. Concord Wealth Partners acquired a new position in shares of Airbnb during the second quarter valued at $28,000. Whipplewood Advisors LLC boosted its holdings in Airbnb by 235.3% in the second quarter. Whipplewood Advisors LLC now owns 228 shares of the company’s stock valued at $30,000 after acquiring an additional 160 shares during the last quarter. Finally, Armstrong Advisory Group Inc. boosted its holdings in Airbnb by 363.6% in the second quarter. Armstrong Advisory Group Inc. now owns 255 shares of the company’s stock valued at $34,000 after acquiring an additional 200 shares during the last quarter. 80.76% of the stock is owned by institutional investors.

Airbnb Price Performance

Airbnb stock opened at $116.74 on Thursday. The firm has a market capitalization of $71.86 billion, a price-to-earnings ratio of 27.73, a PEG ratio of 2.09 and a beta of 1.11. The company’s 50 day simple moving average is $122.21 and its 200 day simple moving average is $128.27. Airbnb, Inc. has a fifty-two week low of $99.88 and a fifty-two week high of $163.93.

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

Analyst Ratings Changes

Several brokerages have weighed in on ABNB. Citizens Jmp raised Airbnb to a “hold” rating in a report on Monday, August 11th. BTIG Research reiterated a “neutral” rating on shares of Airbnb in a research report on Friday, November 7th. BMO Capital Markets set a $124.00 price target on shares of Airbnb and gave the stock a “market perform” rating in a research note on Thursday, August 7th. KeyCorp began coverage on shares of Airbnb in a report on Thursday, October 23rd. They issued a “sector weight” rating on the stock. Finally, BNP Paribas Exane began coverage on shares of Airbnb in a report on Monday. They set a “neutral” rating for the company. Three analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty-one have given a Hold rating and five have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $143.31.

Insider Buying and Selling

In other news, CTO Aristotle N. Balogh sold 600 shares of the firm’s stock in a transaction dated Thursday, November 13th. The stock was sold at an average price of $121.38, for a total transaction of $72,828.00. Following the sale, the chief technology officer owned 194,806 shares of the company’s stock, valued at $23,645,552.28. This trade represents a 0.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Joseph Gebbia sold 232,000 shares of Airbnb stock in a transaction dated Monday, November 24th. The shares were sold at an average price of $114.22, for a total value of $26,499,040.00. Following the transaction, the director owned 15 shares in the company, valued at $1,713.30. This trade represents a 99.99% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 1,676,514 shares of company stock valued at $204,832,922. 27.91% of the stock is owned by company insiders.

About Airbnb

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.