Harvest Fund Management Co. Ltd Has $4.49 Million Stock Position in Airbnb, Inc. $ABNB

Harvest Fund Management Co. Ltd raised its position in shares of Airbnb, Inc. (NASDAQ:ABNB) by 24.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,084 shares of the company’s stock after purchasing an additional 6,512 shares during the period. Harvest Fund Management Co. Ltd’s holdings in Airbnb were worth $4,490,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Patton Fund Management Inc. raised its position in Airbnb by 4.3% during the fourth quarter. Patton Fund Management Inc. now owns 1,874 shares of the company’s stock valued at $254,000 after purchasing an additional 77 shares in the last quarter. BOKF NA grew its stake in shares of Airbnb by 11.0% during the fourth quarter. BOKF NA now owns 787 shares of the company’s stock worth $107,000 after buying an additional 78 shares during the last quarter. Yoder Wealth Management Inc. grew its stake in shares of Airbnb by 0.3% during the fourth quarter. Yoder Wealth Management Inc. now owns 26,389 shares of the company’s stock worth $3,582,000 after buying an additional 84 shares during the last quarter. Private Advisor Group LLC grew its stake in shares of Airbnb by 1.0% during the third quarter. Private Advisor Group LLC now owns 8,295 shares of the company’s stock worth $1,007,000 after buying an additional 86 shares during the last quarter. Finally, Koshinski Asset Management Inc. grew its stake in shares of Airbnb by 4.1% during the third quarter. Koshinski Asset Management Inc. now owns 2,226 shares of the company’s stock worth $270,000 after buying an additional 87 shares during the last quarter. 80.76% of the stock is currently owned by institutional investors and hedge funds.

Airbnb Stock Performance

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

Airbnb (NASDAQ:ABNB) last issued its quarterly earnings data 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). Airbnb had a return on equity of 31.24% and a net margin of 19.90%.The business had revenue of $2.68 billion during the quarter, compared to the consensus estimate of $2.62 billion. During the same period in the prior year, the firm earned $0.24 EPS. The business’s revenue for the quarter was up 17.9% compared to the same quarter last year. Sell-side analysts forecast that Airbnb, Inc. will post 4.91 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts have weighed in on ABNB shares. BMO Capital Markets boosted their target price on shares of Airbnb from $130.00 to $140.00 and gave the stock a “market perform” rating in a research note on Friday, February 13th. Citizens Jmp boosted their target price on shares of Airbnb from $160.00 to $170.00 and gave the stock a “market outperform” rating in a research note on Friday, May 8th. Morgan Stanley cut shares of Airbnb from an “underweight” rating to an “underweight” rating in a research note on Monday, May 4th. Mizuho boosted their target price on shares of Airbnb from $156.00 to $175.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 3rd. Finally, Raymond James Financial raised shares of Airbnb from a “market perform” rating to a “strong-buy” rating in a research note on Monday, May 4th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $157.67.

Key Stories Impacting Airbnb

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.

Insider Buying and Selling

In other Airbnb news, CEO Brian Chesky sold 62,764 shares of the company’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $134.00, for a total transaction of $8,410,376.00. Following the sale, the chief executive officer owned 10,855,175 shares of the company’s stock, valued at approximately $1,454,593,450. This represents a 0.57% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Elinor Mertz sold 7,433 shares of the company’s stock in a transaction on 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 sale, the chief financial officer directly owned 449,040 shares in the company, valued at $61,177,209.60. This trade represents a 1.63% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,612,370 shares of company stock valued at $217,546,338 over the last 90 days. 27.21% of the stock is owned by insiders.

Airbnb Company Profile

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.