Banco Bilbao Vizcaya Argentaria S.A. Sells 10,367 Shares of Airbnb, Inc. $ABNB

Banco Bilbao Vizcaya Argentaria S.A. reduced its position in Airbnb, Inc. (NASDAQ:ABNB) by 24.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,759 shares of the company’s stock after selling 10,367 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.’s holdings in Airbnb were worth $4,208,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Police & Firemen s Retirement System of New Jersey raised its holdings in shares of Airbnb by 3.7% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 64,568 shares of the company’s stock worth $8,545,000 after buying an additional 2,278 shares during the period. Geode Capital Management LLC increased its stake in Airbnb by 1.5% in the second quarter. Geode Capital Management LLC now owns 9,942,423 shares of the company’s stock worth $1,314,057,000 after purchasing an additional 145,788 shares during the period. ABC Arbitrage SA lifted its position in shares of Airbnb by 137.3% during the second quarter. ABC Arbitrage SA now owns 11,918 shares of the company’s stock worth $1,577,000 after purchasing an additional 6,896 shares during the last quarter. denkapparat Operations GmbH purchased a new stake in shares of Airbnb during the second quarter valued at $336,000. Finally, Wealth Alliance LLC boosted its stake in shares of Airbnb by 2.5% during the second quarter. Wealth Alliance LLC now owns 5,794 shares of the company’s stock valued at $767,000 after purchasing an additional 140 shares during the period. Hedge funds and other institutional investors own 80.76% of the company’s stock.

Insider Activity

In other Airbnb news, CTO Aristotle N. Balogh sold 600 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the chief technology officer directly owned 196,006 shares in the company, valued at $24,592,872.82. This trade represents a 0.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Joseph Gebbia sold 236,000 shares of Airbnb stock in a transaction on Monday, November 10th. The stock was sold at an average price of $120.66, for a total transaction of $28,475,760.00. Following the completion of the transaction, the director directly owned 232,015 shares in the company, valued at $27,994,929.90. This represents a 50.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,682,760 shares of company stock worth $208,202,189. Corporate insiders own 27.91% of the company’s stock.

Airbnb Trading Up 0.7%

ABNB opened at $122.02 on Friday. The firm has a market cap of $75.11 billion, a price-to-earnings ratio of 28.98, a PEG ratio of 2.15 and a beta of 1.11. Airbnb, Inc. has a 12 month low of $99.88 and a 12 month high of $163.93. The stock has a fifty day moving average price of $123.40 and a 200-day moving average price of $128.77.

Airbnb (NASDAQ:ABNB) last issued its quarterly earnings data 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). The company had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $4.08 billion. Airbnb had a net margin of 22.03% and a return on equity of 32.14%. Airbnb’s revenue for the quarter was up 9.9% compared to the same quarter last year. During the same period in the previous year, the business earned $2.13 EPS. Airbnb has set its Q4 2025 guidance at EPS. On average, equities research analysts forecast that Airbnb, Inc. will post 4.31 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ABNB. BMO Capital Markets set a $124.00 price objective on shares of Airbnb and gave the company a “market perform” rating in a report on Thursday, August 7th. Phillip Securities raised shares of Airbnb from a “moderate sell” rating to a “hold” rating in a research note on Friday, August 8th. JPMorgan Chase & Co. boosted their price target on Airbnb from $120.00 to $130.00 and gave the company a “neutral” rating in a report on Thursday, August 7th. DA Davidson set a $155.00 price objective on Airbnb in a research note on Friday. Finally, Jefferies Financial Group decreased their target price on Airbnb from $165.00 to $160.00 and set a “buy” rating for the company in a research report on Monday, August 11th. Three research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twenty have assigned a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $143.31.

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.