Acadian Asset Management LLC Has $349.26 Million Stock Holdings in Airbnb, Inc. $ABNB

Acadian Asset Management LLC grew its position in Airbnb, Inc. (NASDAQ:ABNB) by 7.4% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 2,639,299 shares of the company’s stock after buying an additional 181,462 shares during the period. Acadian Asset Management LLC owned 0.42% of Airbnb worth $349,264,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in ABNB. Kentucky Trust Co bought a new stake in Airbnb during the 2nd quarter worth about $25,000. E Fund Management Hong Kong Co. Ltd. grew its position in shares of Airbnb by 70.9% during the 2nd quarter. E Fund Management Hong Kong Co. Ltd. now owns 200 shares of the company’s stock worth $26,000 after buying an additional 83 shares during the period. Concord Wealth Partners acquired a new stake in shares of Airbnb during the 2nd quarter worth approximately $28,000. Whipplewood Advisors LLC raised its stake in shares of Airbnb by 235.3% during the second quarter. Whipplewood Advisors LLC now owns 228 shares of the company’s stock worth $30,000 after buying an additional 160 shares during the last quarter. Finally, Armstrong Advisory Group Inc. lifted its holdings in Airbnb by 363.6% in the second quarter. Armstrong Advisory Group Inc. now owns 255 shares of the company’s stock valued at $34,000 after buying an additional 200 shares during the period. Institutional investors own 80.76% of the company’s stock.

Insider Buying and Selling

In related news, CTO Aristotle N. Balogh sold 600 shares of the business’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $125.47, for a total value of $75,282.00. Following the sale, the chief technology officer directly owned 196,006 shares of the company’s stock, valued at approximately $24,592,872.82. The trade was a 0.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Elinor Mertz sold 7,500 shares of the stock in a transaction dated Tuesday, October 28th. The stock was sold at an average price of $130.00, for a total value of $975,000.00. Following the transaction, the chief financial officer owned 436,570 shares of the company’s stock, valued at approximately $56,754,100. This trade represents a 1.69% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,446,760 shares of company stock worth $179,726,429 over the last ninety days. Company insiders own 27.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on ABNB shares. Phillip Securities upgraded shares of Airbnb from a “moderate sell” rating to a “hold” rating in a research report on Friday, August 8th. Truist Financial decreased their price objective on Airbnb from $106.00 to $104.00 and set a “sell” rating for the company in a research note on Wednesday, September 3rd. Barclays increased their target price on Airbnb from $105.00 to $107.00 and gave the company an “underweight” rating in a research note on Friday. JPMorgan Chase & Co. boosted their target price on Airbnb from $120.00 to $130.00 and gave the stock a “neutral” rating in a research report on Thursday, August 7th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $165.00 price target on shares of Airbnb in a research note on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, twenty have given a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat.com, Airbnb has an average rating of “Hold” and a consensus target price of $142.44.

Airbnb Price Performance

NASDAQ ABNB opened at $120.88 on Friday. Airbnb, Inc. has a one year low of $99.88 and a one year high of $163.93. The firm has a market cap of $75.12 billion, a P/E ratio of 28.71, a P/E/G ratio of 2.20 and a beta of 1.11. The stock’s 50-day moving average is $123.89 and its 200-day moving average is $128.79.

Airbnb (NASDAQ:ABNB) last posted its earnings results on Thursday, November 6th. The company reported $2.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.31 by ($0.10). Airbnb had a return on equity of 32.71% and a net margin of 22.03%.The business had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.08 billion. During the same period in the previous year, the company posted $2.13 earnings per share. Airbnb’s revenue for the quarter was up 9.9% compared to the same quarter last year. Airbnb has set its Q4 2025 guidance at EPS. Equities analysts anticipate that Airbnb, Inc. will post 4.31 EPS for the current year.

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.