Artisan Partners Limited Partnership Sells 136,310 Shares of Airbnb, Inc. $ABNB

Artisan Partners Limited Partnership lessened its position in Airbnb, Inc. (NASDAQ:ABNB) by 13.3% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 888,037 shares of the company’s stock after selling 136,310 shares during the period. Artisan Partners Limited Partnership owned approximately 0.14% of Airbnb worth $107,825,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of ABNB. Diversify Wealth Management LLC grew its position in Airbnb by 3.9% in the 3rd quarter. Diversify Wealth Management LLC now owns 41,271 shares of the company’s stock valued at $5,233,000 after purchasing an additional 1,543 shares during the period. Xponance Inc. lifted its stake in shares of Airbnb by 5.1% in the third quarter. Xponance Inc. now owns 106,665 shares of the company’s stock valued at $12,951,000 after buying an additional 5,140 shares in the last quarter. Hohimer Wealth Management LLC acquired a new position in shares of Airbnb during the third quarter valued at about $582,000. Interchange Capital Partners LLC acquired a new position in shares of Airbnb during the third quarter valued at about $359,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Airbnb by 3.5% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 982,638 shares of the company’s stock worth $119,312,000 after acquiring an additional 33,613 shares in the last quarter. 80.76% of the stock is owned by institutional investors and hedge funds.

Airbnb Stock Down 1.4%

Shares of NASDAQ ABNB opened at $135.11 on Friday. Airbnb, Inc. has a twelve month low of $99.88 and a twelve month high of $144.75. The stock’s 50 day moving average price is $130.81 and its 200-day moving average price is $126.21. The company has a market capitalization of $82.24 billion, a PE ratio of 33.44, a PEG ratio of 1.85 and a beta of 1.15.

Airbnb (NASDAQ:ABNB) last issued its quarterly earnings results on Thursday, February 12th. The company reported $0.56 EPS for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.10). Airbnb had a net margin of 20.51% and a return on equity of 30.88%. The business had revenue of $2.78 billion for the quarter, compared to analysts’ expectations of $2.71 billion. During the same period in the previous year, the business posted $0.73 earnings per share. The business’s revenue was up 12.9% compared to the same quarter last year. As a group, research analysts expect that Airbnb, Inc. will post 4.31 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts recently weighed in on ABNB shares. Barclays raised their price target on shares of Airbnb from $120.00 to $122.00 and gave the company an “equal weight” rating in a research report on Friday, February 13th. B. Riley Financial raised Airbnb from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $140.00 to $170.00 in a report on Monday, January 12th. BTIG Research reissued a “neutral” rating on shares of Airbnb in a research note on Friday, November 7th. Deutsche Bank Aktiengesellschaft raised Airbnb from a “hold” rating to a “buy” rating and set a $154.00 target price on the stock in a research report on Friday, February 13th. Finally, Jefferies Financial Group upped their price target on Airbnb from $160.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, December 5th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, sixteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $148.69.

More Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Large institutional buying: Several big funds (Vanguard, Harris Associates, AQR, Clearbridge) have recently increased stakes in ABNB, signaling confidence from long-term investors. MarketBeat ABNB Report
• Positive Sentiment: Revenue growth and top-line beat: Airbnb’s latest quarter showed revenue up ~12.9% year-over-year and beat consensus, suggesting continued demand resilience in travel. MarketBeat Earnings Coverage
• Positive Sentiment: Sector outperformance / strong growth profile: Coverage notes ABNB has outperformed many consumer-discretionary peers and ranks highly on growth metrics, supporting medium-term upside potential. Barchart: Performance vs Peers
• Neutral Sentiment: New third‑party co‑listing service (10XBNB): A press release touts platforms that let entrepreneurs earn Airbnb income without owning property; likely limited direct impact on Airbnb’s financials near-term. GlobeNewswire: 10XBNB Release
• Neutral Sentiment: Short-interest data appears noisy/invalid this cycle (reported as zero with NaN changes), so do not read meaningful directional pressure from those feeds today.
• Neutral Sentiment: Mixed analyst picture: Several firms have adjusted price targets (some higher) but consensus remains around a “Hold” with an average target near $148 — implies limited uniform conviction among analysts. MarketBeat Analyst Summary
• Negative Sentiment: Insider selling by co‑founder/director Joseph Gebbia: He sold 58,000 shares (multiple recent sales), which can dent sentiment even if pre-scheduled or for diversification. InsiderTrades: Gebbia Sale
• Negative Sentiment: EPS miss: Airbnb reported EPS below consensus ($0.56 vs. $0.66), which often drives short‑term weakness despite the revenue beat. MarketBeat Earnings Coverage
• Negative Sentiment: High-profile fund rebalancing: Coverage notes Cathie Wood trimmed exposure even as Airbnb posts strong revenue — such moves from prominent managers can amplify selling pressure. Benzinga: Cathie Wood Trim

Insiders Place Their Bets

In other news, Director Joseph Gebbia sold 58,000 shares of Airbnb stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $121.97, for a total transaction of $7,074,260.00. Following the sale, the director directly owned 344,015 shares in the company, valued at $41,959,509.55. The trade was a 14.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CTO Aristotle N. Balogh sold 2,565 shares of the stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $134.79, for a total transaction of $345,736.35. Following the transaction, the chief technology officer owned 165,086 shares of the company’s stock, valued at approximately $22,251,941.94. The trade was a 1.53% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 853,775 shares of company stock valued at $107,713,177. 27.91% of the stock is owned by company insiders.

Airbnb 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.