Grove Bank & Trust Trims Stock Holdings in Airbnb, Inc. $ABNB

Grove Bank & Trust cut its holdings in shares of Airbnb, Inc. (NASDAQ:ABNB) by 34.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,542 shares of the company’s stock after selling 5,040 shares during the quarter. Grove Bank & Trust’s holdings in Airbnb were worth $1,295,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Aster Capital Management DIFC Ltd purchased a new position in shares of Airbnb during the 3rd quarter valued at approximately $25,000. Sunbelt Securities Inc. increased its stake in shares of Airbnb by 397.7% in the third quarter. Sunbelt Securities Inc. now owns 219 shares of the company’s stock worth $27,000 after buying an additional 175 shares during the last quarter. Wiser Advisor Group LLC acquired a new stake in Airbnb in the third quarter valued at $27,000. Aventura Private Wealth LLC acquired a new stake in Airbnb in the fourth quarter valued at $29,000. Finally, Kelleher Financial Advisors bought a new position in Airbnb during the 3rd quarter valued at $29,000. 80.76% of the stock is owned by institutional investors and hedge funds.

Airbnb Stock Performance

Shares of NASDAQ:ABNB opened at $128.52 on Friday. The company’s fifty day moving average is $129.31 and its two-hundred day moving average is $126.70. Airbnb, Inc. has a 1-year low of $99.88 and a 1-year high of $143.88. The stock has a market capitalization of $78.23 billion, a price-to-earnings ratio of 31.81, a price-to-earnings-growth ratio of 1.57 and a beta of 1.12.

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

Analyst Upgrades and Downgrades

Several brokerages have weighed in on ABNB. Jefferies Financial Group boosted their target price on shares of Airbnb from $160.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, December 5th. Morgan Stanley set a $120.00 price target on shares of Airbnb in a research report on Friday, February 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Airbnb in a research note on Wednesday, January 21st. Mizuho boosted their price objective on Airbnb from $156.00 to $175.00 and gave the company an “outperform” rating in a report on Tuesday, March 3rd. Finally, Argus upgraded Airbnb to a “strong-buy” rating in a research note on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, sixteen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $147.40.

Insider Buying and Selling at Airbnb

In related news, CFO Elinor Mertz sold 3,750 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $130.00, for a total value of $487,500.00. Following the sale, the chief financial officer owned 402,417 shares of the company’s stock, valued at approximately $52,314,210. This trade represents a 0.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Nathan Blecharczyk sold 4,260 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $125.29, for a total value of $533,735.40. Following the transaction, the insider owned 49,250 shares of the company’s stock, valued at $6,170,532.50. This represents a 7.96% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 363,510 shares of company stock worth $47,422,070 over the last ninety days. Company insiders own 27.91% of the company’s stock.

Trending Headlines about Airbnb

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 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.