Virtue Capital Management LLC Grows Stock Holdings in Airbnb, Inc. $ABNB

Virtue Capital Management LLC lifted its holdings in Airbnb, Inc. (NASDAQ:ABNB) by 25.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,002 shares of the company’s stock after acquiring an additional 1,023 shares during the period. Virtue Capital Management LLC’s holdings in Airbnb were worth $662,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in ABNB. AE Wealth Management LLC increased its holdings in Airbnb by 44.3% in the 1st quarter. AE Wealth Management LLC now owns 2,333 shares of the company’s stock valued at $279,000 after purchasing an additional 716 shares in the last quarter. LPL Financial LLC boosted its position in shares of Airbnb by 12.2% in the first quarter. LPL Financial LLC now owns 300,118 shares of the company’s stock worth $35,435,000 after buying an additional 32,601 shares during the period. Mackenzie Financial Corp grew its stake in shares of Airbnb by 6.1% in the first quarter. Mackenzie Financial Corp now owns 55,842 shares of the company’s stock valued at $6,671,000 after buying an additional 3,223 shares in the last quarter. Federated Hermes Inc. grew its stake in shares of Airbnb by 5.4% in the first quarter. Federated Hermes Inc. now owns 210,429 shares of the company’s stock valued at $25,138,000 after buying an additional 10,794 shares in the last quarter. Finally, Banque Cantonale Vaudoise purchased a new stake in shares of Airbnb during the 1st quarter valued at about $189,000. Institutional investors and hedge funds own 80.76% of the company’s stock.

Airbnb Price Performance

NASDAQ ABNB opened at $116.80 on Friday. The company has a market capitalization of $71.90 billion, a price-to-earnings ratio of 27.74, a price-to-earnings-growth ratio of 2.06 and a beta of 1.11. Airbnb, Inc. has a 12 month low of $99.88 and a 12 month high of $163.93. The company’s fifty day moving average price is $121.83 and its two-hundred day moving average price is $128.07.

Airbnb (NASDAQ:ABNB) last released 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). Airbnb had a return on equity of 32.14% and a net margin of 22.03%.The company had revenue of $4.10 billion during the quarter, compared to the consensus estimate of $4.08 billion. During the same period in the previous year, the firm posted $2.13 EPS. Airbnb’s revenue for the quarter was up 9.9% on a year-over-year basis. Airbnb has set its Q4 2025 guidance at EPS. As a group, analysts anticipate that Airbnb, Inc. will post 4.31 EPS for the current year.

Insider Buying and Selling

In other news, CFO Elinor Mertz sold 12,184 shares of Airbnb stock in a transaction that occurred on Friday, October 24th. The stock was sold at an average price of $127.65, for a total value of $1,555,287.60. Following the completion of the transaction, the chief financial officer owned 444,070 shares in the company, valued at approximately $56,685,535.50. This trade represents a 2.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Joseph Gebbia sold 236,000 shares of the business’s stock in a transaction that occurred on 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 sale, the director owned 940,015 shares of the company’s stock, valued at $116,157,653.55. This trade represents a 20.07% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,676,514 shares of company stock worth $204,832,922. 27.91% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

ABNB has been the subject of several recent research reports. Phillip Securities raised shares of Airbnb from a “moderate sell” rating to a “hold” rating in a research report on Friday, August 8th. DA Davidson set a $155.00 price target on shares of Airbnb in a report on Friday, November 14th. Royal Bank Of Canada lifted their price target on shares of Airbnb from $140.00 to $145.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 7th. Wells Fargo & Company upped their price objective on shares of Airbnb from $110.00 to $111.00 and gave the company an “underweight” rating in a research report on Friday, November 7th. Finally, BNP Paribas Exane started coverage on Airbnb in a research report on Monday, November 24th. They set a “neutral” rating on the stock. Three investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty-one have issued a Hold rating and five have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus 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.