WCG Wealth Advisors LLC Has $4.23 Million Stock Holdings in Airbnb, Inc. $ABNB

WCG Wealth Advisors LLC increased its holdings in shares of Airbnb, Inc. (NASDAQ:ABNB) by 129.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 31,158 shares of the company’s stock after purchasing an additional 17,602 shares during the quarter. WCG Wealth Advisors LLC’s holdings in Airbnb were worth $4,229,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Caxton Associates LLP acquired a new stake in shares of Airbnb during the first quarter worth $258,000. Intech Investment Management LLC boosted its stake in Airbnb by 55.8% in the 1st quarter. Intech Investment Management LLC now owns 12,161 shares of the company’s stock worth $1,453,000 after purchasing an additional 4,353 shares during the period. Sivia Capital Partners LLC increased its holdings in Airbnb by 18.8% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,866 shares of the company’s stock worth $776,000 after purchasing an additional 927 shares in the last quarter. WINTON GROUP Ltd acquired a new stake in shares of Airbnb in the 2nd quarter valued at about $411,000. Finally, NewEdge Advisors LLC raised its stake in shares of Airbnb by 9.8% in the 2nd quarter. NewEdge Advisors LLC now owns 54,054 shares of the company’s stock valued at $7,153,000 after purchasing an additional 4,811 shares during the period. 80.76% of the stock is currently owned by institutional investors and hedge funds.

Airbnb Trading Up 0.1%

Shares of Airbnb stock opened at $133.72 on Friday. Airbnb, Inc. has a 12-month low of $110.81 and a 12-month high of $147.25. The stock has a market cap of $80.59 billion, a P/E ratio of 32.94, a P/E/G ratio of 1.43 and a beta of 1.16. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 0.32. The business’s 50 day moving average is $134.28 and its 200-day moving average is $130.63.

Airbnb (NASDAQ:ABNB) last released its earnings results on Thursday, May 7th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.31 by ($0.05). The firm had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.62 billion. Airbnb had a net margin of 19.90% and a return on equity of 31.24%. Airbnb’s quarterly revenue was up 17.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.24 earnings per share. Equities research analysts predict that Airbnb, Inc. will post 4.91 earnings per share for the current fiscal year.

Airbnb News Summary

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Brokerages continue to rate Airbnb at an average of “Moderate Buy,” signaling that analysts remain broadly constructive on the company’s outlook. Airbnb, Inc. (NASDAQ:ABNB) Given Average Rating of “Moderate Buy” by Brokerages
• Positive Sentiment: CEO Brian Chesky’s plans to start an AI venture could be seen as strategically important if Airbnb applies new AI tools to product design, personalization, or user experience. Airbnb CEO Brian Chesky Plans to Start a New AI Company
• Positive Sentiment: Institutional ownership remains high, suggesting continued support from large investors and reducing concerns about broad-based selling pressure.
• Neutral Sentiment: Airbnb’s latest quarter showed strong revenue growth but an EPS miss, making the stock reaction more dependent on whether investors focus on growth or profitability.
• Neutral Sentiment: Analysts’ consensus price target remains well above the current trading range, which leaves room for upside but does not guarantee near-term movement.
• Negative Sentiment: CEO Brian Chesky sold 62,764 shares, and Director Joseph Gebbia sold 265,000 shares, which can pressure sentiment because insider selling sometimes signals limited near-term upside. SEC filing for Joseph Gebbia sale SEC filing for Brian Chesky sales
• Negative Sentiment: Airbnb recently missed analyst EPS estimates, keeping some pressure on the stock as investors assess whether margins can keep up with revenue growth.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Citizens Jmp upped their price objective on Airbnb from $160.00 to $170.00 and gave the stock a “market outperform” rating in a research report on Friday, May 8th. Scotiabank started coverage on Airbnb in a research report on Monday, May 4th. They issued an “outperform” rating on the stock. UBS Group upped their price target on Airbnb from $153.00 to $157.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Robert W. Baird set a $150.00 price target on shares of Airbnb in a research note on Friday, May 8th. Finally, Barclays lifted their price objective on shares of Airbnb from $122.00 to $125.00 and gave the company an “equal weight” rating in a report on Monday, May 11th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Airbnb presently has a consensus rating of “Moderate Buy” and an average price target of $157.67.

Insider Buying and Selling at Airbnb

In other news, Director Joseph Gebbia sold 265,000 shares of the company’s stock in a transaction dated 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 sale, the director directly owned 3,182,355 shares of the company’s stock, valued at approximately $431,049,984.75. This represents a 7.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Elinor Mertz sold 7,433 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $136.24, for a total transaction of $1,012,671.92. Following the completion of the sale, the chief financial officer owned 449,040 shares of the company’s stock, valued at $61,177,209.60. This trade represents a 1.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,612,370 shares of company stock worth $217,546,338 over the last quarter. 27.21% of the stock is currently owned by insiders.

About Airbnb

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.