Vise Technologies Inc. Makes New Investment in Airbnb, Inc. $ABNB

Vise Technologies Inc. purchased a new stake in shares of Airbnb, Inc. (NASDAQ:ABNB) in the second quarter, according to the company in its most recent filing with the SEC. The fund purchased 9,560 shares of the company’s stock, valued at approximately $1,265,000.

Several other institutional investors also recently added to or reduced their stakes in ABNB. Kentucky Trust Co purchased a new position in Airbnb during the second quarter worth about $25,000. E Fund Management Hong Kong Co. Ltd. boosted its position in Airbnb by 70.9% during the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 200 shares of the company’s stock valued at $26,000 after acquiring an additional 83 shares in the last quarter. Concord Wealth Partners bought a new stake in shares of Airbnb during the 2nd quarter valued at $28,000. Whipplewood Advisors LLC boosted its stake in Airbnb by 235.3% during the second quarter. Whipplewood Advisors LLC now owns 228 shares of the company’s stock worth $30,000 after acquiring an additional 160 shares in the last quarter. Finally, Armstrong Advisory Group Inc. grew its holdings in Airbnb by 363.6% in the second quarter. Armstrong Advisory Group Inc. now owns 255 shares of the company’s stock worth $34,000 after purchasing an additional 200 shares during the period. Institutional investors own 80.76% of the company’s stock.

Airbnb Stock Performance

ABNB stock opened at $122.27 on Thursday. The company has a market capitalization of $75.99 billion, a PE ratio of 29.01, a price-to-earnings-growth ratio of 2.16 and a beta of 1.11. Airbnb, Inc. has a one year low of $99.88 and a one year high of $163.93. The company’s fifty day moving average price is $123.52 and its 200-day moving average price is $128.81.

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

Wall Street Analysts Forecast Growth

ABNB has been the subject of a number of analyst reports. BTIG Research reaffirmed a “neutral” rating on shares of Airbnb in a research report on Friday, November 7th. Mizuho set a $156.00 price objective on Airbnb in a research report on Friday, November 7th. Zacks Research upgraded shares of Airbnb to a “hold” rating in a research report on Tuesday, August 12th. Jefferies Financial Group decreased their target price on shares of Airbnb from $165.00 to $160.00 and set a “buy” rating for the company in a research note on Monday, August 11th. Finally, KeyCorp began coverage on Airbnb in a research report on Thursday, October 23rd. They set a “sector weight” rating for the company. Three investment 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 assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $143.31.

Insider Buying and Selling at Airbnb

In other Airbnb news, Director Joseph Gebbia sold 236,000 shares of Airbnb stock in a transaction on Monday, October 13th. The shares were sold at an average price of $119.22, for a total value of $28,135,920.00. Following the completion of the transaction, the director directly owned 704,015 shares of the company’s stock, valued at $83,932,668.30. This trade represents a 25.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Elinor Mertz sold 12,184 shares of the company’s stock in a transaction dated Friday, October 24th. The shares were sold at an average price of $127.65, for a total transaction of $1,555,287.60. Following the sale, the chief financial officer owned 444,070 shares in the company, valued at $56,685,535.50. This represents a 2.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,446,760 shares of company stock worth $179,726,429 over the last 90 days. 27.91% of the stock is owned by 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.