Airbnb, Inc. (NASDAQ:ABNB) Director Belinda J. Johnson Sells 1,000 Shares

Airbnb, Inc. (NASDAQ:ABNBGet Rating) Director Belinda J. Johnson sold 1,000 shares of Airbnb stock in a transaction that occurred on Thursday, November 17th. The stock was sold at an average price of $101.83, for a total value of $101,830.00. Following the sale, the director now owns 5,920 shares in the company, valued at $602,833.60. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Airbnb Stock Down 2.1 %

ABNB opened at $95.71 on Tuesday. Airbnb, Inc. has a one year low of $86.71 and a one year high of $191.73. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.85 and a current ratio of 1.85. The stock’s fifty day moving average is $109.67 and its 200-day moving average is $110.17. The company has a market capitalization of $61.48 billion, a PE ratio of 39.88, a P/E/G ratio of 1.83 and a beta of 0.99.

Analysts Set New Price Targets

Several equities research analysts have issued reports on ABNB shares. Mizuho dropped their price objective on Airbnb from $135.00 to $125.00 and set a “neutral” rating on the stock in a report on Wednesday, November 2nd. Piper Sandler decreased their target price on Airbnb from $121.00 to $110.00 and set a “neutral” rating for the company in a research report on Tuesday, November 1st. DA Davidson decreased their target price on Airbnb from $210.00 to $140.00 and set a “buy” rating for the company in a research report on Wednesday, August 3rd. Argus began coverage on Airbnb in a research report on Tuesday, July 26th. They issued a “hold” rating for the company. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on Airbnb from $120.00 to $110.00 and set a “hold” rating for the company in a research report on Wednesday, August 3rd. One equities research analyst has rated the stock with a sell rating, seventeen have issued a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $144.33.

Institutional Trading of Airbnb

Hedge funds and other institutional investors have recently modified their holdings of the company. Qube Research & Technologies Ltd acquired a new stake in shares of Airbnb during the first quarter worth $1,988,000. Avantax Advisory Services Inc. raised its position in shares of Airbnb by 161.4% during the second quarter. Avantax Advisory Services Inc. now owns 5,329 shares of the company’s stock worth $475,000 after purchasing an additional 3,290 shares during the period. Scotia Capital Inc. raised its position in shares of Airbnb by 3.8% during the second quarter. Scotia Capital Inc. now owns 88,526 shares of the company’s stock worth $7,886,000 after purchasing an additional 3,256 shares during the period. First Foundation Advisors raised its position in shares of Airbnb by 19.5% during the first quarter. First Foundation Advisors now owns 2,842 shares of the company’s stock worth $488,000 after purchasing an additional 464 shares during the period. Finally, Quent Capital LLC raised its position in Airbnb by 368.4% during the first quarter. Quent Capital LLC now owns 890 shares of the company’s stock valued at $153,000 after buying an additional 700 shares during the period. Institutional investors own 39.45% of the company’s stock.

About Airbnb

(Get Rating)

Airbnb, Inc, together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company's marketplace model connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, or vacation homes.

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Insider Buying and Selling by Quarter for Airbnb (NASDAQ:ABNB)

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