Airbnb, Inc. $ABNB Shares Sold by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC lowered its position in Airbnb, Inc. (NASDAQ:ABNB) by 19.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 34,790 shares of the company’s stock after selling 8,417 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Airbnb were worth $4,224,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Fort Washington Investment Advisors Inc. OH increased its position in Airbnb by 3.5% in the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 962,551 shares of the company’s stock valued at $116,873,000 after acquiring an additional 32,501 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Airbnb by 1.1% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 2,925,689 shares of the company’s stock worth $387,186,000 after acquiring an additional 31,120 shares during the period. Sumitomo Life Insurance Co. lifted its position in Airbnb by 15.0% during the 3rd quarter. Sumitomo Life Insurance Co. now owns 66,071 shares of the company’s stock worth $8,022,000 after acquiring an additional 8,636 shares during the period. Cerity Partners LLC grew its stake in shares of Airbnb by 18.1% in the 3rd quarter. Cerity Partners LLC now owns 364,824 shares of the company’s stock valued at $44,297,000 after purchasing an additional 55,838 shares during the last quarter. Finally, National Pension Service grew its stake in shares of Airbnb by 1.1% in the 3rd quarter. National Pension Service now owns 1,096,411 shares of the company’s stock valued at $133,126,000 after purchasing an additional 12,453 shares during the last quarter. 80.76% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Airbnb

In other Airbnb news, Director Joseph Gebbia sold 58,000 shares of the company’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $131.27, for a total value of $7,613,660.00. Following the sale, the director owned 286,015 shares of the company’s stock, valued at $37,545,189.05. This represents a 16.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Elinor Mertz sold 3,750 shares of the stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $130.00, for a total transaction of $487,500.00. Following the completion of the sale, the chief financial officer owned 402,417 shares in the company, valued at $52,314,210. This represents a 0.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 363,510 shares of company stock valued at $47,422,070 over the last quarter. Corporate insiders own 27.91% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Airbnb in a report on Wednesday, January 21st. Morgan Stanley set a $120.00 price objective on shares of Airbnb in a research report on Friday, February 13th. Cantor Fitzgerald set a $121.00 target price on shares of Airbnb in a research note on Friday, February 13th. Benchmark reduced their price objective on shares of Airbnb from $155.00 to $145.00 and set a “buy” rating for the company in a research report on Friday, February 13th. Finally, Truist Financial increased their target price on Airbnb from $104.00 to $107.00 and gave the stock a “sell” rating in a research note on Thursday, December 4th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, sixteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $147.40.

Key Airbnb News

Here are the key news stories impacting Airbnb this week:

• Positive Sentiment: Analyst/industry write-ups framing Airbnb as resilient through market volatility and highlighting demand durability could support the shares. Airbnb: A Comfortable Stay Through Heightened Market Volatility
• Positive Sentiment: Valuation-check pieces note recent share-price gains and argue there are mixed but potentially constructive fair-value signals after a pullback — a reason some investors view the dip as a buying opportunity. Airbnb (ABNB) Valuation Check After Recent Share Price Gains And Conflicting Fair Value Signals
• Neutral Sentiment: Multiple outlets note Airbnb’s technicals are largely tracking the Nasdaq, so broader market moves are influencing the stock as much as company-specific news. Airbnb (NASDAQ:ABNB) Trading Signals Track Nasdaq Composite
• Neutral Sentiment: Brokerage coverage is running around an average “Hold” consensus, which suggests limited near-term catalyst from upgrades/downgrades. Airbnb, Inc. (NASDAQ:ABNB) Given Average Rating of “Hold” by Brokerages
• Neutral Sentiment: Travel-peer volatility (e.g., Expedia commentary) and macro/margin concerns are creating mixed sentiment across the sector rather than uniquely affecting Airbnb. Expedia Stock Turns Volatile After Rally. Where Does It Go Next?
• Neutral Sentiment: Consumer anecdotes about guest-host disputes surface in the press; these are reputationally relevant but unlikely to move the stock materially on their own. ‘This guy has no manners’: My Airbnb guest requested I buy bacon and beer…
• Negative Sentiment: A recent market note flagged Airbnb underperforming the broader market in today’s session, which can amplify selling pressure when sentiment is fragile. Airbnb, Inc. (ABNB) Suffers a Larger Drop Than the General Market: Key Insights
• Negative Sentiment: Reports point to a rise in short-interest figures for March, though the published data appears inconsistent (zeros/NaN), creating uncertainty — rising short interest or even reports of it can pressure the stock until the data is clarified. (Data entries 3/19–3/20)

Airbnb Stock Down 1.7%

Shares of ABNB stock opened at $128.52 on Friday. The stock has a market cap of $78.23 billion, a P/E ratio of 31.81, a P/E/G ratio of 1.57 and a beta of 1.12. Airbnb, Inc. has a fifty-two week low of $99.88 and a fifty-two week high of $143.88. The business has a fifty day simple moving average of $129.31 and a 200-day simple moving average of $126.70.

Airbnb (NASDAQ:ABNB) last issued its quarterly earnings data 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 during the quarter, compared to analyst estimates of $2.71 billion. During the same period in the previous year, the company posted $0.73 earnings per share. Airbnb’s revenue was up 12.9% on a year-over-year basis. On average, sell-side analysts anticipate that Airbnb, Inc. will post 4.31 earnings per share for the current year.

Airbnb Company 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.