Airbnb, Inc. $ABNB Shares Acquired by Americana Partners LLC

Americana Partners LLC increased its position in shares of Airbnb, Inc. (NASDAQ:ABNB) by 15.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,661 shares of the company’s stock after purchasing an additional 1,599 shares during the quarter. Americana Partners LLC’s holdings in Airbnb were worth $1,543,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of ABNB. Harris Associates L P raised its position in Airbnb by 86.0% during the 1st quarter. Harris Associates L P now owns 9,944,948 shares of the company’s stock worth $1,188,024,000 after buying an additional 4,598,125 shares during the last quarter. Pacer Advisors Inc. increased its stake in shares of Airbnb by 2,297.4% in the first quarter. Pacer Advisors Inc. now owns 2,801,899 shares of the company’s stock worth $334,715,000 after acquiring an additional 2,685,026 shares during the period. AQR Capital Management LLC increased its stake in shares of Airbnb by 81.0% in the first quarter. AQR Capital Management LLC now owns 4,282,523 shares of the company’s stock worth $500,755,000 after acquiring an additional 1,916,676 shares during the period. McElhenny Sheffield Capital Management LLC purchased a new position in shares of Airbnb during the second quarter worth $170,189,000. Finally, Consulta Ltd purchased a new position in shares of Airbnb during the first quarter worth $149,325,000. Hedge funds and other institutional investors own 80.76% of the company’s stock.

Insider Activity

In other news, insider Nathan Blecharczyk sold 2,246 shares of the firm’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $125.20, for a total value of $281,199.20. Following the transaction, the insider owned 182,514 shares in the company, valued at $22,850,752.80. This trade represents a 1.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Joseph Gebbia sold 236,000 shares of the business’s stock in a transaction that occurred on Monday, October 13th. The stock was sold at an average price of $119.22, for a total value of $28,135,920.00. Following the sale, the director owned 704,015 shares of the company’s stock, valued at $83,932,668.30. The trade was a 25.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,446,760 shares of company stock worth $179,726,429 over the last quarter. 27.83% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have commented on ABNB. Phillip Securities raised shares of Airbnb from a “moderate sell” rating to a “hold” rating in a report on Friday, August 8th. Wedbush reissued a “neutral” rating and issued a $130.00 price objective on shares of Airbnb in a report on Friday. Mizuho set a $156.00 target price on Airbnb in a research note on Friday. Royal Bank Of Canada raised their target price on Airbnb from $140.00 to $145.00 and gave the stock a “sector perform” rating in a report on Thursday, August 7th. Finally, Jefferies Financial Group decreased their price target on Airbnb from $165.00 to $160.00 and set a “buy” rating for the company in a report on Monday, August 11th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twenty have given a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $142.44.

Airbnb Stock Down 0.6%

ABNB stock opened at $120.20 on Tuesday. Airbnb, Inc. has a 52 week low of $99.88 and a 52 week high of $163.93. The firm has a 50-day simple moving average of $123.69 and a 200-day simple moving average of $128.86. The stock has a market capitalization of $74.70 billion, a P/E ratio of 28.55, a P/E/G ratio of 2.21 and a beta of 1.11.

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

Airbnb Profile

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.